S. 3616, known as the "Inaugural Committee Transparency Act of 2024," aims to enhance transparency in donations to the Presidential Inaugural Committee. It requires the disclosure of any disbursements equal to or greater than $200, including details such as the recipient's name, address, and...
Simple Explanation
The "Inaugural Committee Transparency Act of 2024" is a rule that says when people give money to help with the big party when a new President starts the job, they have to tell everyone about it, especially if it's a lot of money. It also says they can't use the money for themselves and have to give leftover money to help others.