The bill H. R. 535, titled the "Inaugural Fund Integrity Act," aims to amend the Federal Election Campaign Act of 1971 by prohibiting certain types of donations to Inaugural Committees, such as those from foreign nationals and non-individuals. It establishes a limit of $50,000 for individual...
Simple Explanation
The "Inaugural Fund Integrity Act" aims to make sure that the money given to help with the President's big welcome party comes from acceptable sources and isn't too much or secret; it says that people can give up to $50,000 but not if they are from another country, and any extra money must go to charity.