House Democrat pair introduce bill to require limits, disclosures for donations to inaugural committees

Democratic Reps. John Sarbanes (Md.) and Mary Gay Scanlon (Penn.) on Wednesday introduced a bill that would require limits and disclosures for donations to inaugural committees. The bill, titled the Inaugural Fund Integrity Act, is aimed at addressing the “loopholes” in the current Inaugural Committee guidelines that “allow for abuse of funds,” according to a release from Sarbanes’s office. Unlike campaign committees, which are prohibited from accepting contributions directly from corporations, inaugural committees currently can accept unlimited amounts of money from virtually anyone, including companies.