S. 2300 amends federal law to impose strict limits on donations to presidential libraries and centers. The bill prohibits these institutions from accepting donations from registered lobbyists, foreign agents, federal contractors, foreign nationals, and those seeking presidential pardons—both while a president is in office and for two years after leaving office. It also caps individual donations at $10,000 (adjusted for inflation) from the time a president is elected through one year after leaving office, and bars donations made in someone else's name or converted for personal use. Presidential libraries must file quarterly reports with the National Archives disclosing donors who contribute $200 or more, which will be published online for public viewing. Violations carry civil penalties up to $20,000 (or the donation amount, whichever is greater) and criminal penalties including fines and up to one year in prison; violations involving donations exceeding $50,000 per year carry enhanced criminal penalties of up to five years imprisonment. The bill applies to sitting presidents and those who have recently left office, with enforcement handled by the Justice Department and state attorneys general.
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