Senate bill would cap Super PAC donations at $5,000 per year

What does this do?

S 4602 would apply the same $5,000 per year donation cap that currently applies to regular PACs to Super PACs and any committees that funnel money into them. The bill defines Super PACs broadly, covering groups that pool money to run political ads independently of campaigns. It was introduced in the Senate in May 2026 and referred to the Committee on Rules and Administration, where it has not yet been debated or voted on.

Who does it affect?

The bill directly affects wealthy individuals, corporations, and other organizations that currently donate large sums to Super PACs, as well as the Super PACs themselves. Candidates for federal office face indirect effects, since Super PACs that support or oppose them would have significantly less funding available.

Why does it matter?

Super PACs would have far less money to spend on political advertising and other election activities. The broader landscape of how federal elections are funded and what political advertising looks like would change for all voters, though everyday voters are not directly regulated by the bill.

Where does it stand?