A bill being floated by Sen. Ted Cruz and Rep. Mark Meadows would centralize the campaign finance system, increase transparency of donations, and effectively put an end to super PACs.

The bill, titled the SuperPAC Elimination Act of 2017, would remove caps on individual contributions, which are limited to $2,700, and require disclosure within 24 hours, creating, what Cruz believes would be, a more “simple” and direct system that makes campaigns more accountable and transparent.