👎🏻 House Bill H.R. 1382 AKA the Inaugural Fund Integrity Act (IFIA) 👎🏻
I’d be in opposition to Rep. Scanlon’s House Bill H.R. 1382 AKA the “Inaugural Fund Integrity Act (IFIA)” which would close several loopholes in the Inaugural Committee structure which allow for abuse of funds.
* This bill would prohibit donations to inaugural funds from foreign nations or corporations, as well as from so-called “straw” donors, where donations are directed through shell entities to hide their true origins.
* It’d also place a $50,000 cap on any donation to an inaugural committee and prohibit personal uses of inaugural funds, so that inaugural funds can only be used for their legitimate government purpose of planning and celebrating an inauguration.
* Finally, this bill would require inaugural committees to file a report with the Federal Elections Committee (FEC) disclosing information about all donations received and disbursements made by the committee.
The FEC already prohibits inaugural committees from receiving money from foreign nations and straw donors, and also requires inaugural committees to report all donations over $200 within 90 days of receipt. These safeguards are sufficient to ensure that inaugural committees don’t become influence-peddling operations.
SneakyPete.......... 👎🏻H.R. 1382👎🏻. 3*21*19..........