Campaign Finance Transparency Act

The Campaign Finance Transparency Act (S 5606) updates the Federal Election Commission's (FEC) enforcement procedures for campaign finance violations. It establishes specific timeframes for decisions (30 days for general counsel's determination, 15 days for subpoenas), requires more transparency by allowing parties to respond to allegations, and extends the statute of limitations for civil penalties from 5 to 10 years. The bill also clarifies that FEC attorneys can represent the Commission in Supreme Court cases, requires campaign finance forms to permit accent marks, and adds restrictions on communications outside of formal proceedings. These changes aim to improve transparency and efficiency in campaign finance enforcement without altering the underlying campaign finance rules.