HR 8720
Advanced toward a vote
Requires political committees to collect card verification codes and billing ZIP codes for online credit and debit card donations, bars gift card contributions, and requires donor names to match the card used.
Official title: Campaign Finance Transparency Act
Timeline each lane is a chamber; dates pull from congress.gov actions
House
Introduced
11-MAY-2026
Referred
11-MAY-2026
Approved by committee
14-MAY-2026
Reported
13-JUL-2026
On the calendar
13-JUL-2026
- Requires committees to collect the card verification value or code and the billing ZIP code for online credit or debit card contributions, except mailed gifts and recurring donations after the first.
- Requires donors whose mailing address is outside a U.S. state to provide a voter registration address, passport, or permanent resident card information.
- Requires the name on a credit or debit card to be the donor's name, and bars accepting contributions made with gift certificates or store gift cards.
- Removes the $200 threshold for reporting contributions, bars knowingly helping someone give in another person's name, and requires recipients to report suspected cases to the Federal Election Commission.
Covers an older version. The newest CRS summary describes the bill as of "Introduced in House" (11-MAY-2026); the text has changed since (Reported in House, 13-JUL-2026).
CRS is the Library of Congress's nonpartisan research office. Read it on congress.govGovernment Operations and Politics
■ 2 R
2 Republicans