To amend the Federal Election Campaign Act of 1971 to require certain campaign-related communications paid for by a corporation or labor organization to include a statement identifying the chief executive officer of the corporation or the president of the labor organization, and for other purposes.

Summary: Amends the Federal Election Campaign Act of 1971 to require certain campaign-related radio and television communications paid for by a corporation or labor organization to include a statement identifying the chief executive officer of the corporation or the president of the labor organization.

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Corporate and Labor Electioneering 
Advertisement Reform Act'' or the ``CLEAR Act''.

SEC. 2. STATEMENTS INCLUDED IN CAMPAIGN-RELATED COMMUNICATIONS FUNDED 
              BY CORPORATIONS OR LABOR ORGANIZATIONS.

    (a) Requiring Statement Identifying Head of Corporation or 
Organization.--Section 318(d) of the Federal Election Campaign Act of 
1971 (2 U.S.C. 441d(d)) is amended--
            (1) in paragraph (2), by striking ``Any communication'' and 
        inserting ``Except as provided in paragraph (3), any 
        communication''; and
            (2) by adding at the end the following new paragraph:
            ``(3) Special rules for communications paid for by 
        corporations or labor organizations.--
                    ``(A) Disclosure statement required.--Any 
                communication described in paragraph (3) of subsection 
                (a) which is a corporate communication or a labor 
                organization communication and which is transmitted 
                through radio or television shall include, in addition 
                to the requirements of that paragraph, the disclosure 
                statement described in subparagraph (C).
                    ``(B) Method of conveyance of statement.--
                            ``(i) Communications transmitted through 
                        radio.--In the case of a communication to which 
                        this paragraph applies which is transmitted 
                        through radio, the disclosure statement 
                        described in subparagraph (C) shall be made by 
                        audio in a clearly spoken manner by the 
                        applicable individual.
                            ``(ii) Communications transmitted through 
                        television.--In the case of a communication to 
                        which this paragraph applies which is 
                        transmitted through television, the disclosure 
                        statement described in subparagraph (C) shall 
                        be conveyed by an unobscured, full-screen view 
                        of the applicable individual, or by the 
                        applicable individual making the statement in 
                        voice-over accompanied by a clearly 
                        identifiable photograph or similar image of the 
                        individual. The statement, together with a 
                        clearly readable logo of the corporation or 
                        labor organization (as the case may be), if 
                        any, shall also appear in writing at the end of 
                        the communication in a clearly readable manner 
                        with a reasonable degree of color contrast 
                        between the background and the printed 
                        statement and logo, for a period of at least 4 
                        seconds.
                    ``(C) Disclosure statement described.--The 
                disclosure statement described in this subparagraph is 
                the following: `I am _______, and _______ paid for this 
                advertisement and approves its contents.', with--
                            ``(i) the first blank to be filled in with 
                        the name and title of the applicable 
                        individual; and
                            ``(ii) the second blank to the filled in 
                        with the name of the corporation (in the case 
                        of a corporate communication) or the name of 
                        the labor organization (in the case of a labor 
                        organization communication).
                    ``(D) Definitions.--In this paragraph--
                            ``(i) the term `applicable individual' 
                        means the chief executive officer of a 
                        corporation (with respect to a corporate 
                        communication) or the highest ranking officer 
                        of a labor organization (with respect to a 
                        labor organization communication);
                            ``(ii) the term `corporate communication' 
                        means a communication paid for in whole or in 
                        part by a corporation, other than a 
                        communication paid for in whole by a separate 
                        segregated fund established by a corporation 
                        under section 316(b)(2)(C); and
                            ``(iii) the term `labor organization 
                        communication' means a communication paid for 
                        in whole or in part by a labor organization, 
                        other than a communication paid for in whole by 
                        a separate segregated fund established by a 
                        labor organization under section 
                        316(b)(2)(C).''.
    (b) Effective Date.--The amendment made by subsection (a) shall 
apply with respect to communications made on or after the date of the 
enactment of this Act.