This bill requires political advertisements that use artificially generated or substantially altered images, audio, or video to include clear disclaimers informing viewers that AI was used to create the content. The disclosure requirements apply to all political ads across any medium—television, radio, print, digital, and social media—that expressly advocate for or against a candidate, mention a candidate during election periods, or solicit political contributions. For image ads, disclaimers must appear in large, visible text; for audio ads, they must be spoken clearly for at least four seconds at the beginning or end; and for video ads, they must appear both visually and audibly throughout. The Federal Election Commission will enforce these rules with civil penalties up to $50,000 per advertisement for violations and must issue regulations within 90 days of the bill's enactment. The FEC will also submit reports to Congress every two years assessing compliance with and recommending improvements to the new transparency requirements.