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The term disclosure refers to periodic reporting to the Federal Election Commission (FEC) of funds received and spent, and the term disclaimer refers to an attribution statement that appears on a campaign-related communication.
About the Campaign Finance Act (2013), (Act) was enacted to provide a means for monitoring and enforcing the campaign finance and disclosure requirements established for candidates, principal campaign committees and all other committees, Constituent Service Programs, and Statehood Funds in the District of Columbia.
An advertisement disclosure is the portion of a political message that identifies the committee that paid for or authorized the communication. Paid for by [committee name] or Ad paid for by [committee name] is the basic disclosure required on campaign communications.
Introduced in House (02/21/2023) To amend the Federal Election Campaign Act of 1971 to provide for additional disclosure requirements for corporations, labor organizations, Super PACs and other entities, and for other purposes.
Disclosure requirements allow media and public to examine campaign funding. These requirements allow interested parties, such as the media and the public, to examine records otherwise hidden from them. The result is closer scrutiny of facts and figures and of the relationships between political actors.
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The Political Reform Act requires candidates and committees to file campaign statements by specified deadlines disclosing contributions received and expenditures made. These documents are public and may be audited by the FPPC and FTB to ensure that voters are fully informed and improper practices prohibited.
The DISCLOSE Act would stop dark money in its tracks by requiring all organizations spending money in elections to disclose their major donors each election cycle. The American public has a right to know who is financing their electoral politics and seeking to buy their votes.

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