DISCLOSE Act of 2026

Plain-English Summary

This bill proposes changes to existing federal campaign finance law to require greater transparency about who is spending money to influence elections. Specifically, it would expand disclosure rules for a broad range of organizations — including corporations, labor unions, Super PACs (political action committees that can raise unlimited funds), and other groups — that participate in political spending. The goal is to make more information about campaign-related financial activity available to the public.

Under current law, some of these organizations can spend money on political activities without fully disclosing where that money comes from. This bill would tighten those rules, requiring these entities to report more details about their donors and spending. In practical terms, this means voters would have access to more information about which individuals, companies, or groups are financially backing political advertisements, campaigns, or other election-related efforts.

The bill affects a wide range of organizations involved in politics, from large corporations and trade associations to labor unions and independent political groups. It has been referred to three House committees — the Committee on House Administration, the Committee on Ways and Means, and the Committee on the Judiciary — meaning different parts of the bill fall under different areas of congressional oversight. The bill is still in its early stages and has not yet been voted on. No official cost estimate or detailed legislative text summary has been publicly provided at this time.