; or (ii) the payment by any person of compensation for the personal services of another person which are rendered to the committee without charge for any purpose. (B) The term donation does not include the value of services provided without compensation by any individual who volunteers on behalf of the committee. (2) The term foreign national has the meaning given that term by section 319(b). (3) The term Inaugural Committee has the meaning given that term by section 501 of title 36, United States Code. . (b) Confirming amendment related to reporting requirements Section 304 of the Federal Election Campaign Act ( 52 U.S.C. 30104 ) is amended— (1) by striking subsection (h); and (2) by redesignating subsection (i) as subsection (h). (c) Conforming amendment related to status of committee Section 510 of title 36, United States Code, is amended to read as follows: 510. Disclosure of and prohibition on certain donations A committee shall not be considered to be the Inaugural Committee for purposes of this chapter unless the committee agrees to, and meets, the requirements of section 325 of the Federal Election Campaign Act of 1971. . (d) Effective date The amendments made by this Act shall apply with respect to Inaugural Committees established under chapter 5 of title 36, United States Code, for inaugurations held in 2021 and any succeeding year.