Campaign Finance Transparency Act

Sponsor: Bryan Steil (Republican-WI)May 11, 2026

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Introduced

In Committee

Passed One Chamber

Passed Both Chambers

Signed into Law

Placed on the Union Calendar, Calendar No. 651.

Requires more donor details for online political gifts and bans gift cards for campaigns.

This bill would make it harder to give money anonymously to federal political campaigns. It would require online donors to provide more personal details and ban using gift cards for contributions. It would also remove the $200 reporting limit, meaning all donations would be publicly listed.

What Would Change

Today, political committees can accept online credit or debit card donations without always asking for card security codes or billing ZIP codes, and they only have to report individual contributions over $200. If this bill becomes law, committees would be required to collect these extra details for online donations, ban gift card contributions, and report every single contribution, removing the $200 threshold. It would also make it illegal to help someone donate in another person's name.

Key Provisions

Requires online donors to federal campaigns to provide their credit or debit card's security code and billing ZIP code.
Bans political committees from accepting credit or debit card donations if the name on the card doesn't match the donor's name.
Prohibits political campaigns from accepting gift cards as donations.
Ends the $200 reporting threshold, meaning all federal campaign contributions would be publicly reported.
Bans anyone from knowingly helping another person make a political donation in someone else's name.
Requires campaigns to report suspected donations made in another person's name to the Federal Election Commission.

View on Congress.gov

HR 8720 · 119th Congress · May 11, 2026 · AI Summary by gemini-2.5-flash · 8/10

Campaign Finance Transparency Act

What Would Change

Key Provisions

Lobbying Activity