Senate Majority Leader Harry Reid plans to bring the DISCLOSE Act (the Democracy Is Strengthened by Casting Light On Spending in Elections Act) to the Senate floor before the August recess. It was introduced in April by Rep. Chris Van Hollen (D-MD) and Sen. Chuck Schumer (D-NY) to mitigate the effects of the January U.S. Supreme Court decision in Citizens United v. Federal Election Commission.
The DISCLOSE Act is meant to increase disclosure requirements for election-related spending and restrict such activity by government contractors and foreign-controlled companies.
According to the National Journal, Reid’s plans to bring the Act to the Senate floor is "a sign some observers believe indicates Dems are willing to allow the bill to die at the hands of a GOP filibuster."
National Journal also notes that, up to this point, Reid and other Democrats have not been able to convince a Senate Republican to sponsor the legislation. Democrats were targeting Scott Brown (R-MA), but he recently announced that he will oppose the legislation.
Senate observers and aides told National Journal that Reid promised Van Hollen and Schumer that "he would bring the DISCLOSE Act to the floor."
While aides say that Reid is committed to having the votes to pass the Act, "Senate observers said Reid may fulfill his promise by bringing the bill up for a cloture vote regardless of whether he has the votes or not," according to National Journal. "If Reid doesn’t hit the 60 votes required to end debate, he may simply drop the bill and move on to another of his priorities."
On June 24, the House passed the DISCLOSE Act by a close, largely party-line vote of 219-206.