SHINE Act would require faster disclosure of large last-minute campaign donations

What does this do?

HR 9049 expands existing campaign finance reporting rules to cover any political committee spending money on election-related ads or activities. These committees would have to report donations of $1,000 or more received in the final 20 days before an election within 48 hours of receipt. The requirement applies only when the donation arrives more than 48 hours before election day.

Who does it affect?

The rule affects political action committees and other groups that spend money on elections, as well as donors who give $1,000 or more to those groups in the final weeks before an election. Party committees are specifically excluded from this new requirement.

Why does it matter?

Under current law, some committees can receive large last-minute donations and spend that money influencing an election without public disclosure until after votes are counted. This bill would make that information available to voters, journalists, and watchdog groups before election day through the Federal Election Commission.

Where does it stand?