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senate Bill S. 2754

Capping and Tracking Campaign Contributions

Argument in favor

Congressional representatives should not be in the pockets of lobbyists. Constituents deserve to know campaign money is coming from, and making sure all reps are on an even playing field.

Argument opposed

It's a congressional representative's right to use lobbyists and interest groups to fund their campaigns. Lobbyists should also be free to donate to campaigns as a way of voicing their interests.

What is Senate Bill S. 2754?

S. 2754 — the Lobbying and Campaign Reform Finance Act — amends the Lobby Disclosure Act of 1995 and the Federal Election Campaign Act of 1971 by:
  • Limiting bundling. Bundling refers to when someone makes a bunch of small campaign contributions that amounts to one large donation. If passed, the bill would cap bundles to lobby groups at $2,600 which is the same amount an individual can currently donate to federal candidates.

  • Expanding the definition of lobbyists by changing the lobbying registration process. Under S.2754, lobbyists have to register if he or she makes two or more lobbying contacts for a client over a two-year period. They are still considered a "lobbyist" regardless of whether the they spend more than 20 percent of work time serving the particular client.

  • Forbidding congressional representative from soliciting money from lobbyists.

Impact

Voters, lobbyist groups, campaign donors who want to donate more than $2,600 to a lobby, and congressional representatives running election campaigns.

Cost of Senate Bill S. 2754

A CBO cost estimate is unavailable. However, for context — the Sunlight Foundation estimates that the lobbying industry generates about $6.7 billion per year. Sunlight research also found that "for every one member of Congress, the influence industry produces about $12.5 million in lobbying. By comparison, the average 2012 budget for member of the House of Representative’s office was only $1.3 million."

AKA

Lobbying and Campaign Finance Reform Act of 2014

Official Title

A bill to provide limits on bundling, to reform the lobbyist registration process, and for other purposes.

bill Progress


  • Not enacted
    The President has not signed this bill
  • The house has not voted
  • The senate has not voted
      senate Committees
      Committee on Rules and Administration
    IntroducedJuly 31st, 2014
    Just go ahead and put ALL campaign contributions into ONE account for all parties running. Distribute the money evenly among candidates running for that seat. That way, being a democrat or republican would not matter as much and it would be possible for other parties to have a chance. Something different needs to happen that would better our choices for representation while stopping corporations and the very rich from controlling the outcome of everyday people's lives. Having money does not mean that one is the best for the job or even that one is smart. Although it seems that many believe that way. Unfortunate since it takes a more disciplined individual to thrive with less.
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    Please propose a bill that only allows individual people to donate. No corporations. Cap donations so the rich don't have advantage.
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    Capping contributions will even the playing field. I would like to see a ceiling on what can be spent by a candidate. Let's say 5 million. Then we could see some creativity and ability to get their message out. The money spent now is outrageous and obscene and could end poverty in several states!
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    This issue is the most important one. how campaigns are funded is essential to how congressional opinions are formed.
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    Absolutely!! Congress is supposed to represent The People not serve the interest of a company/idea based on how much money they receive in campaign "donations". Anyone member of Congress who opposes this should be the first to have their records and in turn, their loyalties checked.
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    Let's end "bought and paid for" elections!
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    This is what we need to get the corruption out of politics.
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    Why do you think congress has low ratings?
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    Finance reform is at the heart of our election problems.
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    Ever so desperately needed! Lobbyists are totally out of control spinning the wrong direction,
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    I think the American people have a right to know where all campaign contributions come from. Politicans and donors should not want to hide their support. The only reason to hide is because they want to lie to the American voter.
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    There needs to be more transparency in government. I would like to know for sure that my representatives aren't getting bought by lobbyists and corporations.
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    Cabinet positions are bought and payed for and it's an Injustice to our society to give people positions base on campaign contributions. Dirty money has prevented our country from moving forward and progressing as we should with infrastructure, immigration reform, healthcare etc..., Because someone is being paid to prevent progress selling their souls to the devil.
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    The reason our democracy is in jeopardy is for this very reason
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    90% of America are in favor of getting money out of politics doing this will be the first steps to repealing citizens United and political corruption
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    Any decent citizen's source of funding is scrutinized in the simple, basic act of purchasing a house. Our leaders must be held to account for where their money comes from in attaining office.
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    Campaign fund oversight is needed to safeguard against corruption. It's an era where ethical standards appear to be lower each day. Consequently, policing and transparency is essential
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    Representatives should represent the people and not lobbies or corporations. Sometimes those align, but as we have repeatedly seen, often they don't.
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