[Federal Register Volume 65, Number 76 (Wednesday, April 19, 2000)]
[Rules and Regulations]
[Pages 20893-20894]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-9732]


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FEDERAL ELECTION COMMISSION

11 CFR Parts 9007, 9034, 9035, and 9038

[Notice 2000-8]


Public Financing of Presidential Primary and General Election 
Candidates

AGENCY: Federal Election Commission.

ACTION: Final rule; announcement of effective date.

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SUMMARY: On November 15, 1999, the Commission published the text of 
revised regulations governing publicly financed Presidential campaigns. 
64 FR 61777 (Nov. 15, 1999). The revised rules modify the Commission's 
audit procedures. They also address the ``bright line'' between primary 
and general election expenses, and the formation of Vice Presidential 
committees prior to nomination. The Commission announces that these 
rules are effective as of April 19, 2000.

EFFECTIVE DATE: April 19, 2000.

FOR FURTHER INFORMATION CONTACT: Ms. Rosemary C. Smith, Assistant 
General Counsel, 999 E Street, NW, Washington, DC 20463, (202) 694-1650 
or toll free (800) 424-9530.

SUPPLEMENTARY INFORMATION: The Commission is announcing the effective 
date of revised regulations at 11 CFR 9007.1, 9034.4 and 9038.1, and 
new regulations at 11 CFR 9035.3. The revisions to 11 CFR 9007.1 and 
9038.1 replace the Exit Conference Memorandum that is currently 
provided to audited committees at the exit conference following an 
audit with a Preliminary Audit Report that will be approved by the 
Commission before it is provided to the audited committees after the 
exit conference. Revised 11 CFR 90934.4 clarifies the applicability of 
the so-called ``bright line'' rules that govern expenditures made in 
connection with both the primary and the general election, and revises 
those portions allocating payroll and overhead costs for the use of 
campaign offices prior to a candidate's nomination. New 11 CFR 9035.3 
addresses when contributions to, and expenditures by, Vice Presidential 
committees must be aggregated with contributions to, and expenditures 
by, the primary campaign of that party's eventual Presidential nominee, 
for purposes of the contribution and expenditure limits for publicly 
funded Presidential campaigns.
    Sections 9009(c) and 9039(c) of Title 26, United States Code, 
require that any rules or regulations prescribed by the Commission to 
carry out the provisions of Title 26 of the United States Code be 
transmitted to the Speaker of the House of Representatives and the 
President of the Senate thirty legislative days prior to final 
promulgation. These rules were

[[Page 20894]]

transmitted to Congress on November 9, 1999. Thirty legislative days 
expired in the Senate and the House of Representatives on April 3, 
2000.
    Announcement of Effective Date: New 11 CFR 9035.3 and amended 11 
CFR 9007.1, 9034.4 and 9038.1, as published at 64 FR 61777 (Nov. 15, 
1999), are effective as of April 19, 2000.

    Dated: April 13, 2000.
Darryl R. Wold,
Chairman, Federal Election Commission.
[FR Doc. 00-9732 Filed 4-18-00; 8:45 am]
BILLING CODE 6715-01-U