Limitation on solicitation of donations

(a) In general A person whom the United States Secret Service is authorized to protect under paragraph (1) or (2) of section 3056(a) of title 18, United States Code, may not solicit any donation for a presidential library or museum while that president is in office. Each such person shall submit an annual report to the Archivist of the United States on each interaction with another party that pertains to a presidential library and museum. (b) Private entities Each private entity that administers or lobbies for a presidential library or museum shall submit an annual report to the Archivist of the United States on the financial activities of that private entity that pertain to the presidential library or museum. (c) Penalty Whoever fails to submit a report required to be submitted under this section shall be fined $1,000 each day that the report is not submitted.