Sensenbrenner calls for campaign contribution transparency

Congressman Jim Sensenbrenner (R-Menomonee Falls) introduced legislation this week that would require all candidates for federal office to publically disclose campaign donations online before gaining access to the funds.
“In the months since the Supreme Court’s Citizens United ruling, many in Washington have been discussing ways to limit campaign contributions,” Sensenbrenner said.  “Instead of limitations, I believe greater transparency is needed to ensure the integrity of our electoral process.”
Sensenbrenner’s bill, the Online Disclosure for Access to Campaign Funds Act of 2010, would amend federal election law to require that money given to candidates is kept in a separate campaign account until the donor of those funds is publically disclosed on the candidate’s campaign website. After the disclosure, the funds may be transferred to the campaign’s regular account for use by the campaign committee.
“Contributions made under the watchful eye of the public can better serve the American people in knowing who might be influencing a candidate,” Sensenbrenner said. 
Under current federal election law, campaign committees are required to file quarterly reports with the Federal Election Committee, as well as special pre-election and post-election filings. The new bill would serve as a complement to the already required disclosure requirements.
– BizTimes Milwaukee