; findings (a) Short title This Act may be cited as the Stopping Corrupt Actors from Making Political Action Committees Act or the SCAM PAC Act . (b) Findings Congress finds the following: (1) In its 2022 legislative recommendations to Congress, the Federal Election Commission unanimously identified the fraudulent fundraising and spending activities of certain political committees that are often referred to as scam PACs as a priority for Congress to address, define, and prohibit. As the Federal regulator empowered to enforce campaign finance laws, the Federal Election Commission possesses the requisite technical expertise on political committees to help Congress effectively regulate scam PACs. (2) Congress affirms the Federal Election Commission’s description of scam PACs as unauthorized committees that mislead contributors by [soliciting] contributions with the promise of supporting candidates, but then disclose minimal or no candidate support activities while engaging in significant and continuous fundraising. This fundraising predominantly funds personal compensation for the committees’ organizers. In many cases, all funds raised by this subset of political committees are provided to fundraising vendors, direct mail vendors, and consultants in which the political committees’ officers appear to have financial interests. . (3) Scam PACs are political parasites that degrade the integrity of our elections and harm American democracy. Fraud in elections erodes public confidence in American institutions, and reports of scam PACs abusing donations for self-enrichment schemes can have a chilling effect on donors’ and voters’ willingness to politically participate. Candidates also suffer harm when cash they need to run their campaigns is diverted away from them. (4) This Act targets scam PACs’ fraud and self-dealing. The Supreme Court has acknowledged it goes without saying that there is a substantial governmental interest[] in protecting the public from fraud. (Americans for Prosperity Found. v. Bonta, 141 S. Ct.