HR8572-118

Introduced

To direct the Federal Election Commission to establish a program under which participating States shall provide individuals with vouchers which may be used to make contributions to candidates for election for the office of Representative in, or Delegate or Resident Commissioner to, the Congress, to amend the Federal Election Campaign Act of 1971 to establish a program to provide small dollar financing for candidates for election for the office of Representative in, or Delegate or Resident Commissioner to, the Congress, and for other purposes.

118th Congress Introduced May 24, 2024

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill creates a public campaign financing system for U.S. House elections. It establishes My Voice Vouchers - $25 vouchers given to eligible voters to donate to participating candidates - and a 6:1 matching fund for small dollar contributions (under $200). The goal is to amplify the voice of small donors and reduce candidates dependence on large contributors.

Who Benefits and How

Small donors and ordinary voters gain amplified influence - their contributions are matched 600% by public funds. First-time and grassroots candidates benefit from a viable path to financing without relying on wealthy donors or special interests. Political parties can still contribute from segregated small-dollar accounts.

Who Bears the Burden and How

Large donors and wealthy individuals face reduced influence as participating candidates cannot accept contributions over $1,000 from individuals. Corporations and organizations face a 4.75% surcharge on federal fines, penalties, and settlements to fund the program. Participating candidates face strict compliance requirements and spending restrictions.

Key Provisions

  • Creates $25 My Voice Vouchers for voters to contribute to House candidates in 3 pilot states
  • Provides 600% matching funds for qualified small dollar contributions ($1-$200)
  • Limits participating candidates to $1,000 per individual donor and $50,000 in personal funds
  • Funds the program through 4.75% assessments on corporate criminal fines, civil penalties, and settlements

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers.

At a Glance

What This Bill Does

Establishes a public campaign financing system for House elections through voter democracy vouchers and 6:1 matching funds for small dollar contributions to reduce the influence of large donors.

Key Policy Areas

Campaign Finance, Elections, Government Reform

Primary Purpose

Establishes a public campaign financing system for House elections through voter democracy vouchers and 6:1 matching funds for small dollar contributions to reduce the influence of large donors.

Policy Domains

Campaign Finance Elections Government Reform

Title I - Voucher Pilot Program

Identified Gains
Contextual inference, no direct clause citation
  • Small donors
  • First-time candidates
  • Grassroots candidates
  • Voters in pilot states
Model: N/A | Version: bill_summary_v2 | Source: ih

Contextual inference, no direct clause citation

Identified Costs
Contextual inference, no direct clause citation
  • State election administrators
  • Federal Election Commission
Model: N/A | Version: bill_summary_v2 | Source: ih

Contextual inference, no direct clause citation

Title II - Small Dollar Financing Program

Identified Gains
Contextual inference, no direct clause citation
  • Participating candidates
  • Small donors
  • Political parties
Model: N/A | Version: bill_summary_v2 | Source: ih

Contextual inference, no direct clause citation

Identified Costs
Contextual inference, no direct clause citation
  • Large donors
  • Corporations paying federal penalties
  • Wealthy candidates
Model: N/A | Version: bill_summary_v2 | Source: ih

Contextual inference, no direct clause citation

Title V FECA - Small Dollar Democracy

Identified Gains
Contextual inference, no direct clause citation
  • Participating candidates
  • Small donors
  • General election candidates
Model: N/A | Version: bill_summary_v2 | Source: ih

Contextual inference, no direct clause citation

Identified Costs
Contextual inference, no direct clause citation
  • Participating candidates (compliance)
  • Federal Election Commission (administration)
  • Treasury Department
Model: N/A | Version: bill_summary_v2 | Source: ih

Contextual inference, no direct clause citation

Legislative Progress

Introduced
Introduced Committee Passed
May 24, 2024

Mr. Sarbanes (for himself, Mr. Neguse, Ms. Clarke of New …

Stakeholder Effects

cui bono?

How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.

Political Campaigns
23 mentions across 21 clauses
+8 positive -12 negative ?3 uncertain

Candidates receiving enhanced general election support, Candidates reliant on large donors, Grassroots candidates with broad small donor support

Participating candidates faces effects in multiple directions

Positive-direction: Grassroots candidates with broad small donor support, House candidates in pilot states, House candidates who qualify as participating candidates, Participating candidates for House elections, Participating candidates in general elections, Participating candidates with strong small donor support

Negative-direction: Candidates receiving enhanced general election support, Candidates reliant on large donors, Participating candidates and campaign committees, Participating candidates subject to audits, Participating candidates who violate program rules, Wealthy self-funding candidates

Government
15 mentions across 12 clauses
+4 positive -11 negative

Federal Election Commission, Federal treasury, Freedom From Influence Fund

State election administrators in pilot states faces effects in multiple directions

Positive-direction: Freedom From Influence Fund

Negative-direction: Federal Election Commission, Federal treasury, Government Accountability Office, Treasury Department

All Industries
6 mentions across 3 clauses
-6 negative

Corporations convicted of federal crimes, Organizations convicted of federal crimes, Organizations entering federal settlement agreements

General Public
5 mentions across 5 clauses
+5 positive

Eligible voters in pilot states, Small dollar donors

Political Donors
3 mentions across 3 clauses
-3 negative

Large donors to party committees, Large individual donors, Large political donors

Taxpayers
2 mentions across 2 clauses
+2 positive

Lower and middle-income taxpayers, Taxpayers

Corporate Executives
2 mentions across 2 clauses
-2 negative

Corporate officers convicted of federal crimes

Professional Services
1 mention across 1 clause
-1 negative

Political bundlers and fundraisers

31/36
sections analyzed
Full impact breakdown

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Campaign Finance Elections
Actor Mappings
"the_commission"
→ Federal Election Commission
Domains
Campaign Finance Elections Government Reform
Actor Mappings
"the_commission"
→ Federal Election Commission
"the_comptroller_general"
→ Comptroller General of the United States
Domains
Campaign Finance Elections
Actor Mappings
"the_secretary"
→ Secretary of the Treasury
"the_commission"
→ Federal Election Commission

Key Definitions

Terms defined in this bill

4 terms
"qualified small dollar contribution" §504

A contribution between $1 and $200 made directly by an individual to a candidate, not forwarded by another person or made at anothers request

"election cycle" §547

Period from day after most recent general election to date of next general election for that office

"Small Dollar Democracy qualifying period" §511(c)

180-day period from filing statement of intent until 30 days before general election

"qualified individual" §102(a)(2)

A State resident who will be voting age by election date and not prohibited from making federal contributions

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology