In a recent government meeting, discussions centered on the proposed Shield Act, aimed at enhancing the integrity of campaign finance by addressing fraudulent fundraising practices. Ranking Member Morelli expressed his commitment to the bill but raised concerns about its rushed introduction and potential flaws, particularly regarding online payment processing requirements. He highlighted that the bill mandates the collection of CVV numbers for contributions, which could hinder donors' ability to make recurring contributions through popular payment platforms like PayPal and Apple Pay.
Morelli criticized the majority for not seeking input from the minority party during the bill's drafting process, suggesting that critical issues could have been addressed collaboratively. He pointed out that the bill's language regarding lawful permanent residents living abroad was confusing and needed clarification. Additionally, he noted that the bill's requirement for the Federal Election Commission (FEC) to issue regulations within ten days could limit public comment and oversight.
Despite these reservations, Morelli indicated his support for the bill, emphasizing the importance of protecting election integrity. Other committee members, including Councilwoman Vice, expressed their backing for the legislation, citing the necessity of closing loopholes that allow illegal donations.
The committee ultimately adopted an amendment in the nature of a substitute for HR 9488, moving the bill forward for further consideration in the House. Chairman and other members acknowledged the need for potential adjustments before the bill reaches the floor, indicating a willingness to collaborate on refining the legislation. The meeting concluded with the bill being favorably reported to the House, setting the stage for future discussions on campaign finance reform.