Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE; TABLE OF CONTENTS. 
(a) SHORT TITLE.—This Act may be cited as the 
‘‘Democracy is Strengthened by Casting Light on Spend-
ing in Elections Act’’ or the ‘‘DISCLOSE Act’’. 
(b) TABLE OF CONTENTS.—The table of contents of 
this Act is as follows: 
Sec. 1. Short title; table of contents. 
TITLE I—REGULATION OF CERTAIN POLITICAL SPENDING 
Sec. 101. Prohibiting independent expenditures and electioneering communica-
tions by government contractors. 
Sec. 102. Application of ban on contributions and expenditures by foreign na-
tionals to foreign-controlled domestic corporations. 
Sec. 103. Treatment of payments for coordinated communications as contribu-
tions. 
Sec. 104. Treatment of political party communications made on behalf of can-
didates. 
Sec. 105. Restriction on internet communications treated as public communica-
tions. 
TITLE II—PROMOTING EFFECTIVE DISCLOSURE OF CAMPAIGN- 
RELATED ACTIVITY 
Subtitle A—Treatment of Independent Expenditures and Electioneering 
Communications Made by All Persons 
Sec. 201. Independent expenditures. 
Sec. 202. Electioneering communications. 
Sec. 203. Mandatory electronic filing by persons making independent expendi-
tures or electioneering communications exceeding $10,000 at 
any time. 
Subtitle B—Expanded Requirements for Corporations and Other 
Organizations 
Sec. 211. Additional information required to be included in reports on disburse-
ments by covered organizations. 
Sec. 212. Rules regarding use of general treasury funds by covered organiza-
tions for campaign-related activity. 
Sec. 213. Optional use of separate account by covered organizations for cam-
paign-related activity. 
Sec. 214. Modification of rules relating to disclaimer statements required for 
certain communications. 
Sec. 215. Indexing of certain amounts.
Subtitle C—Reporting Requirements for Registered Lobbyists 
Sec. 221. Requiring registered lobbyists to report information on independent 
expenditures and electioneering communications. 
TITLE III—DISCLOSURE BY COVERED ORGANIZATIONS OF 
INFORMATION ON CAMPAIGN-RELATED ACTIVITY 
Sec. 301. Requiring disclosure by covered organizations of information on cam-
paign-related activity. 
TITLE IV—OTHER PROVISIONS 
Sec. 401. Judicial review. 
Sec. 402. No Effect on Protections Against Threats, Harassments, and Repris-
als. 
Sec. 403. Severability. 
Sec. 404. Effective date. 
TITLE I—REGULATION OF 
CERTAIN POLITICAL SPENDING 
SEC. 101. PROHIBITING INDEPENDENT EXPENDITURES AND 
ELECTIONEERING 
COMMUNICATIONS 
BY 
GOVERNMENT CONTRACTORS. 
(a) PROHIBITION APPLICABLE
TO GOVERNMENT 
CONTRACTORS.— 
(1) PROHIBITION.— 
(A) IN
GENERAL.—Section 317(a)(1) of 
the Federal Election Campaign Act of 1971 (2 
U.S.C. 441c(a)(1)) is amended by striking 
‘‘purpose or use; or’’ and inserting the fol-
lowing: ‘‘purpose or use, to make any inde-
pendent expenditure, or to disburse any funds 
for an electioneering communication; or’’. 
(B) 
CONFORMING
AMENDMENT.—The 
heading of section 317 of such Act (2 U.S.C.
441c) is amended by striking ‘‘CONTRIBU-
TIONS’’ and inserting ‘‘CONTRIBUTIONS, INDE-
PENDENT
EXPENDITURES, 
AND
ELECTION-
EERING COMMUNICATIONS’’. 
(2) THRESHOLD FOR APPLICATION OF BAN.— 
Section 317 of such Act (2 U.S.C. 441c) is amend-
ed— 
(A) by redesignating subsections (b) and 
(c) as subsections (c) and (d); and 
(B) by inserting after subsection (a) the 
following new subsection: 
‘‘(b) To the extent that subsection (a)(1) prohibits 
a person who enters into a contract described in such sub-
section from making any independent expenditure or dis-
bursing funds for an electioneering communication, such 
subsection shall apply only if the value of the contract is 
equal to or greater than $10,000,000.’’. 
(b) APPLICATION TO RECIPIENTS OF ASSISTANCE 
UNDER TROUBLED ASSET PROGRAM.—Section 317(a) of 
such Act (2 U.S.C. 441c(a)) is amended— 
(1) by striking ‘‘or’’ at the end of paragraph 
(1); 
(2) by redesignating paragraph (2) as para-
graph (3); and
(3) by inserting after paragraph (1) the fol-
lowing new paragraph: 
‘‘(2) who enters into negotiations for financial 
assistance under title I of the Emergency Economic 
Stabilization Act of 2008 (12 U.S.C. 5211 et seq.) 
(relating to the purchase of troubled assets by the 
Secretary of the Treasury), during the period— 
‘‘(A) beginning on the later of the com-
mencement of the negotiations or the date of 
the enactment of the Democracy is Strength-
ened by Casting Light on Spending in Elections 
Act; and 
‘‘(B) ending with the later of the termi-
nation of such negotiations or the repayment of 
such financial assistance; 
directly or indirectly to make any contribution of 
money or other things of value, or to promise ex-
pressly or impliedly to make any such contribution 
to any political party, committee, or candidate for 
public office or to any person for any political pur-
pose or use, to make any independent expenditure, 
or to disburse any funds for an electioneering com-
munication; or’’.
(c) APPLICATION
TO PERSONS HOLDING LEASES 
FOR DRILLING IN OUTER CONTINENTAL SHELF.—Sec-
tion 317(a) of such Act (2 U.S.C. 441c(a)) is amended— 
(1) by striking ‘‘or’’ at the end of paragraph 
(1); 
(2) by redesignating paragraph (2) as para-
graph (3); and 
(3) by inserting after paragraph (1) the fol-
lowing new paragraph: 
‘‘(2) who enters into negotiations for a lease for 
exploration for, and development and production of, 
oil and gas under the Outer Continental Shelf Lands 
Act (43 U.S.C. 1331 et seq.), during the period— 
‘‘(A) beginning on the later of the com-
mencement of the negotiations or the date of 
the enactment of the Democracy is Strength-
ened by Casting Light on Spending in Elections 
Act; and 
‘‘(B) ending with the later of the termi-
nation of such negotiations or the termination 
of such lease; 
directly or indirectly to make any contribution of 
money or other things of value, or to promise ex-
pressly or impliedly to make any such contribution 
to any political party, committee, or candidate for
public office or to any person for any political pur-
pose or use, to make any independent expenditure, 
or to disburse any funds for an electioneering com-
munication; or’’. 
(d) TECHNICAL AMENDMENT.—Section 317 of such 
Act (2 U.S.C. 441c) is amended by striking ‘‘section 321’’ 
each place it appears and inserting ‘‘section 316’’. 
SEC. 102. APPLICATION OF BAN ON CONTRIBUTIONS AND 
EXPENDITURES BY FOREIGN NATIONALS TO 
FOREIGN-CONTROLLED 
DOMESTIC 
COR-
PORATIONS. 
(a) APPLICATION OF BAN.—Section 319(b) of the 
Federal Election Campaign Act of 1971 (2 U.S.C. 
441e(b)) is amended— 
(1) by striking ‘‘or’’ at the end of paragraph 
(1); 
(2) by striking the period at the end of para-
graph (2) and inserting ‘‘; or’’; and 
(3) by adding at the end the following new 
paragraph: 
‘‘(3) any corporation which is not a foreign na-
tional described in paragraph (1) and— 
‘‘(A) in which a foreign national described 
in paragraph (1) or (2) directly or indirectly 
owns or controls—
‘‘(i) 5 percent or more of the voting 
shares, if the foreign national is a foreign 
country, a foreign government official, or a 
corporation principally owned or controlled 
by a foreign country or foreign government 
official; or 
‘‘(ii) 20 percent or more of the voting 
shares, if the foreign national is not de-
scribed in clause (i); 
‘‘(B) in which two or more foreign nation-
als described in paragraph (1) or (2), each of 
whom owns or controls at least 5 percent of the 
voting shares, directly or indirectly own or con-
trol 50 percent or more of the voting shares; 
‘‘(C) with respect to which the majority of 
the members of the board of directors are for-
eign nationals described in paragraph (1) or 
(2); 
‘‘(D) over which one or more foreign na-
tionals described in paragraph (1) or (2) has 
the power to direct, dictate, or control the deci-
sion-making process of the corporation with re-
spect to its interests in the United States; or 
‘‘(E) over which one or more foreign na-
tionals described in paragraph (1) or (2) has
the power to direct, dictate, or control the deci-
sion-making process of the corporation with re-
spect to activities in connection with a Federal, 
State, or local election, including— 
‘‘(i) the making of a contribution, do-
nation, expenditure, independent expendi-
ture, or disbursement for an electioneering 
communication (within the meaning of sec-
tion 304(f)(3)); or 
‘‘(ii) the administration of a political 
committee established or maintained by the 
corporation.’’. 
(b) CERTIFICATION OF COMPLIANCE.—Section 319 
of such Act (2 U.S.C. 441e) is amended by adding at the 
end the following new subsection: 
‘‘(c) CERTIFICATION
OF COMPLIANCE REQUIRED 
PRIOR TO CARRYING OUT ACTIVITY.—Prior to the mak-
ing in connection with an election for Federal office of any 
contribution, donation, expenditure, independent expendi-
ture, or disbursement for an electioneering communication 
by a corporation during a year, the chief executive officer 
of the corporation (or, if the corporation does not have 
a chief executive officer, the highest ranking official of the 
corporation), shall file a certification with the Commission, 
under penalty of perjury, that the corporation is not pro-
hibited from carrying out such activity under subsection 
(b)(3), unless the chief executive officer has previously 
filed such a certification during the year. Nothing in this 
subsection shall be construed to apply to any contribution, 
donation, expenditure, independent expenditure, or dis-
bursement from a separate segregated fund established 
and administered by a corporation under section 
316(b)(2)(C).’’. 
(c) NO EFFECT ON CERTAIN ACTIVITIES OF DOMES-
TIC CORPORATIONS.—Section 319 of such Act (2 U.S.C. 
441e), as amended by subsection (b), is further amended 
by adding at the end the following new subsection: 
‘‘(d) NO EFFECT ON CERTAIN ACTIVITIES OF DO-
MESTIC CORPORATIONS.— 
‘‘(1) SEPARATE SEGREGATED FUNDS.—Nothing 
in this section shall be construed to prohibit any cor-
poration which is not a foreign national described in 
paragraph (1) of subsection (b) from establishing, 
administering, and soliciting contributions to a sepa-
rate segregated fund under section 316(b)(2)(C), so 
long as none of the amounts in the fund are pro-
vided by any foreign national described in paragraph 
(1) or (2) of subsection (b) and no foreign national 
described in paragraph (1) or (2) of subsection (b)
has the power to direct, dictate, or control the estab-
lishment or administration of the fund. 
‘‘(2) STATE AND LOCAL ELECTIONS.—Nothing 
in this section shall be construed to prohibit any cor-
poration which is not a foreign national described in 
paragraph (1) of subsection (b) from making a con-
tribution or donation in connection with a State or 
local election to the extent permitted under State or 
local law, so long as no foreign national described in 
paragraph (1) or (2) of subsection (b) has the power 
to direct, dictate, or control such contribution or do-
nation. 
‘‘(3) OTHER
PERMISSIBLE
CORPORATE
CON-
TRIBUTIONS AND EXPENDITURES.—Nothing in this 
section shall be construed to prohibit any corpora-
tion which is not a foreign national described in 
paragraph (1) of subsection (b) from carrying out 
any activity described in subparagraph (A) or (B) of 
section 316(b)(2), so long as none of the amounts 
used to carry out the activity are provided by any 
foreign national described in paragraph (1) or (2) of 
subsection (b) and no foreign national described in 
paragraph (1) or (2) of subsection (b) has the power 
to direct, dictate, or control such activity.’’.
(d) NO EFFECT ON OTHER LAWS.—Section 319 of 
such Act (2 U.S.C. 441e), as amended by subsections (b) 
and (c), is further amended by adding at the end the fol-
lowing new subsection: 
‘‘(e) NO EFFECT ON OTHER LAWS.—Nothing in this 
section shall be construed to affect the determination of 
whether a corporation is treated as a foreign national for 
purposes of any law other than this Act.’’. 
SEC. 103. TREATMENT OF PAYMENTS FOR COORDINATED 
COMMUNICATIONS AS CONTRIBUTIONS. 
(a) IN GENERAL.—Section 301(8)(A) of the Federal 
Election Campaign Act of 1971 (2 U.S.C. 431(8)(A)) is 
amended— 
(1) by striking ‘‘or’’ at the end of clause (i); 
(2) by striking the period at the end of clause 
(ii) and inserting ‘‘; or’’; and 
(3) by adding at the end the following new 
clause: 
‘‘(iii) any payment made by any person 
(other than a candidate, an authorized com-
mittee of a candidate, or a political committee 
of a political party) for a coordinated commu-
nication (as determined under section 324).’’.
(b) COORDINATED COMMUNICATIONS DESCRIBED.— 
Section 324 of such Act (2 U.S.C. 441k) is amended to 
read as follows: 
‘‘SEC. 324. COORDINATED COMMUNICATIONS. 
‘‘(a) COORDINATED COMMUNICATIONS DEFINED.— 
‘‘(1) IN GENERAL.—For purposes of this Act, 
the term ‘coordinated communication’ means— 
‘‘(A) a covered communication which, sub-
ject to subsection (c), is made in cooperation, 
consultation, or concert with, or at the request 
or suggestion of, a candidate, an authorized 
committee of a candidate, or a political com-
mittee of a political party; or 
‘‘(B) any communication that republishes, 
disseminates, or distributes, in whole or in part, 
any broadcast or any written, graphic, or other 
form of campaign material prepared by a can-
didate, an authorized committee of a candidate, 
or their agents. 
‘‘(2) EXCEPTION.—The term ‘coordinated com-
munication’ does not include— 
‘‘(A) a communication appearing in a news 
story, commentary, or editorial distributed 
through the facilities of any broadcasting sta-
tion, newspaper, magazine, or other periodical
‘‘(A) in the case of a communication which 
refers to a candidate for the office of President 
or Vice President, the period— 
‘‘(i) beginning with the date that is 
120 days before the date of the first pri-
mary election, preference election, or nomi-
nating convention for nomination for the 
office of President which is held in any 
State; and 
‘‘(ii) ending with the date of the gen-
eral election for such office; or 
‘‘(B) in the case of a communication which 
refers to a candidate for any other Federal of-
fice, the period— 
‘‘(i) beginning with the date that is 90 
days before the earliest of the primary 
election, preference election, or nominating 
convention with respect to the nomination 
for the office that the candidate is seeking; 
and 
‘‘(ii) ending with the date of the gen-
eral election for such office. 
‘‘(3) SPECIAL RULE FOR PUBLIC DISTRIBUTION 
OF
COMMUNICATIONS
INVOLVING
CONGRESSIONAL 
CANDIDATES.—For purposes of paragraph (1), in
the case of a communication involving a candidate 
for an office other than President or Vice President, 
the communication shall be considered to be publicly 
distributed or publicly disseminated only if the dis-
semination or distribution occurs in the jurisdiction 
of the office that the candidate is seeking. 
‘‘(c) NO FINDING OF COORDINATION BASED SOLELY 
ON SHARING OF INFORMATION REGARDING LEGISLATIVE 
OR POLICY POSITION.—For purposes of subsection (a)(1), 
a covered communication shall not be considered to be 
made in cooperation, consultation, or concert with, or at 
the request or suggestion of, a candidate, an authorized 
committee of a candidate, or a political committee of a 
political party solely on the grounds that a person or an 
agent thereof engaged in discussions with to the candidate 
or committee regarding that person’s position on a legisla-
tive or policy matter (including urging the candidate or 
party to adopt that person’s position), so long as there 
is no discussion between the person and the candidate or 
committee regarding the candidate’s campaign plans, 
projects, activities, or needs. 
‘‘(d) PRESERVATION OF CERTAIN SAFE HARBORS 
AND FIREWALLS.—Nothing in this section may be con-
strued to affect 11 CFR 109.21(g) or (h), as in effect on
the date of the enactment of the Democracy is Strength-
ened by Casting Light on Spending in Elections Act. 
‘‘(e) TREATMENT OF COORDINATION WITH POLIT-
ICAL PARTIES
FOR COMMUNICATIONS REFERRING
TO 
CANDIDATES.—For purposes of this section, if a commu-
nication which refers to any clearly identified candidate 
or candidates of a political party or any opponent of such 
a candidate or candidates is determined to have been made 
in cooperation, consultation, or concert with or at the re-
quest or suggestion of a political committee of the political 
party but not in cooperation, consultation, or concert with 
or at the request or suggestion of such clearly identified 
candidate or candidates, the communication shall be treat-
ed as having been made in cooperation, consultation, or 
concert with or at the request or suggestion of the political 
committee of the political party but not with or at the 
request or suggestion of such clearly identified candidate 
or candidates.’’. 
(c) EFFECTIVE DATE.— 
(1) IN GENERAL.—This section and the amend-
ments made by this section shall apply with respect 
to payments made on or after the expiration of the 
30-day period which begins on the date of the enact-
ment of this Act, without regard to whether or not
the Federal Election Commission has promulgated 
regulations to carry out such amendments. 
(2) TRANSITION
RULE
FOR
ACTIONS
TAKEN 
PRIOR TO ENACTMENT.—No person shall be consid-
ered to have made a payment for a coordinated com-
munication under section 324 of the Federal Elec-
tion Campaign Act of 1971 (as amended by sub-
section (b)) by reason of any action taken by the 
person prior to the date of the enactment of this 
Act. Nothing in the previous sentence shall be con-
strued to affect any determination under any other 
provision of such Act which is in effect on the date 
of the enactment of this Act regarding whether a 
communication is made in cooperation, consultation, 
or concert with, or at the request or suggestion of, 
a candidate, an authorized committee of a candidate, 
or a political committee of a political party. 
SEC. 104. TREATMENT OF POLITICAL PARTY COMMUNICA-
TIONS MADE ON BEHALF OF CANDIDATES. 
(a) TREATMENT OF PAYMENT FOR PUBLIC COMMU-
NICATION AS CONTRIBUTION IF MADE UNDER CONTROL 
OR DIRECTION OF CANDIDATE.—Section 301(8)(A) of the 
Federal Election Campaign Act of 1971 (2 U.S.C. 
431(8)(A)), as amended by section 103(a), is amended— 
(1) by striking ‘‘or’’ at the end of clause (ii);
(2) by striking the period at the end of clause 
(iii) and inserting ‘‘; or’’; and 
(3) by adding at the end the following new 
clause: 
‘‘(iv) any payment by a political committee 
of a political party for the direct costs of a pub-
lic communication (as defined in paragraph 
(22)) made on behalf of a candidate for Federal 
office who is affiliated with such party, but only 
if the communication is controlled by, or made 
at the direction of, the candidate or an author-
ized committee of the candidate.’’. 
(b) REQUIRING CONTROL OR DIRECTION BY CAN-
DIDATE FOR TREATMENT AS COORDINATED PARTY EX-
PENDITURE.— 
(1) IN
GENERAL.—Paragraph (4) of section 
315(d) of such Act (2 U.S.C. 441a(d)) is amended 
to read as follows: 
‘‘(4) SPECIAL RULE FOR DIRECT COSTS OF COMMU-
NICATIONS.—The direct costs incurred by a political com-
mittee of a political party for a communication made in 
connection with the campaign of a candidate for Federal 
office shall not be subject to the limitations contained in 
paragraphs (2) and (3) unless the communication is con-
trolled by, or made at the direction of, the candidate or 
an authorized committee of the candidate.’’. 
(2) CONFORMING AMENDMENT.—Paragraph (1) 
of section 315(d) of such Act (2 U.S.C. 441a(d)) is 
amended by striking ‘‘paragraphs (2), (3), and (4)’’ 
and inserting ‘‘paragraphs (2) and (3)’’. 
(c) EFFECTIVE DATE.—This section and the amend-
ments made by this section shall apply with respect to pay-
ments made on or after the expiration of the 30-day period 
which begins on the date of the enactment of this Act, 
without regard to whether or not the Federal Election 
Commission has promulgated regulations to carry out 
such amendments. 
SEC. 105. RESTRICTION ON INTERNET COMMUNICATIONS 
TREATED AS PUBLIC COMMUNICATIONS. 
(a) IN GENERAL.—Section 301(22) of the Federal 
Election Campaign Act of 1971 (2 U.S.C. 431(22)) is 
amended by adding at the end the following new sentence: 
‘‘A communication which is disseminated through the 
Internet shall not be treated as a form of general public 
political advertising under this paragraph unless the com-
munication was placed for a fee on another person’s Web 
site.’’.
(b) EFFECTIVE DATE.—The amendment made by 
subsection (a) shall take effect on the date of the enact-
ment of this Act. 
TITLE 
II—PROMOTING 
EFFEC-
TIVE DISCLOSURE OF CAM-
PAIGN-RELATED ACTIVITY 
Subtitle 
A—Treatment 
of 
Inde-
pendent Expenditures and Elec-
tioneering 
Communications 
Made by All Persons 
SEC. 201. INDEPENDENT EXPENDITURES. 
(a) REVISION OF DEFINITION.—Subparagraph (A) of 
section 301(17) of the Federal Election Campaign Act of 
1971 (2 U.S.C. 431(17)) is amended to read as follows: 
‘‘(A) that, when taken as a whole, ex-
pressly advocates the election or defeat of a 
clearly identified candidate, or is the functional 
equivalent of express advocacy because it can be 
interpreted by a reasonable person only as ad-
vocating the election or defeat of a candidate, 
taking into account whether the communication 
involved mentions a candidacy, a political party, 
or a challenger to a candidate, or takes a posi-
tion on a candidate’s character, qualifications, 
or fitness for office; and’’.
(b) UNIFORM 24-HOUR REPORTING FOR PERSONS 
MAKING
INDEPENDENT
EXPENDITURES
EXCEEDING 
$10,000 AT ANY TIME.—Section 304(g) of such Act (2 
U.S.C. 434(g)) is amended by striking paragraphs (1) and 
(2) and inserting the following: 
‘‘(1) INDEPENDENT
EXPENDITURES
EXCEED-
ING THRESHOLD AMOUNT.— 
‘‘(A) INITIAL REPORT.—A person (includ-
ing a political committee) that makes or con-
tracts to make independent expenditures in an 
aggregate amount equal to or greater than the 
threshold amount described in subparagraph 
(C) shall electronically file a report describing 
the expenditures within 24 hours. 
‘‘(B) ADDITIONAL REPORTS.—After a per-
son files a report under subparagraph (A), the 
person shall electronically file an additional re-
port within 24 hours after each time the person 
makes or contracts to make independent ex-
penditures in an aggregate amount equal to or 
greater than the threshold amount with respect 
to the same election as that to which the initial 
report relates.
‘‘(C) THRESHOLD AMOUNT DESCRIBED.— 
In this paragraph, the ‘threshold amount’ 
means— 
‘‘(i) during the period up to and in-
cluding the 20th day before the date of an 
election, $10,000; or 
‘‘(ii) during the period after the 20th 
day, but more than 24 hours, before the 
date of an election, $1,000. 
‘‘(2) PUBLIC
AVAILABILITY.—Notwithstanding 
any other provision of this section, the Commission 
shall ensure that the information required to be dis-
closed under this subsection is publicly available 
through the Commission website not later than 24 
hours after receipt in a manner that is downloadable 
in bulk and machine readable.’’. 
(c) EFFECTIVE DATE.— 
(1) IN
GENERAL.—The amendment made by 
subsection (a) shall apply with respect to contribu-
tions and expenditures made on or after the expira-
tion of the 30-day period which begins on the date 
of the enactment of this Act, without regard to 
whether or not the Federal Election Commission has 
promulgated regulations to carry out such amend-
ments.
(2) REPORTING REQUIREMENTS.—The amend-
ment made by subsection (b) shall apply with re-
spect to reports required to be filed after the date 
of the enactment of this Act. 
SEC. 202. ELECTIONEERING COMMUNICATIONS. 
(a) EXPANSION
OF PERIOD COVERING GENERAL 
ELECTION.—Section 304(f)(3)(A)(i)(II)(aa) of the Fed-
eral Election Campaign Act of 1971 (2 U.S.C. 
434(f)(3)(A)(i)(II)(aa)) is amended by striking ‘‘60 days’’ 
and inserting ‘‘120 days’’. 
(b) EFFECTIVE DATE; TRANSITION
FOR COMMU-
NICATIONS MADE PRIOR TO ENACTMENT.—The amend-
ment made by subsection (a) shall apply with respect to 
communications made on or after the date of the enact-
ment of this Act, without regard to whether or not the 
Federal Election Commission has promulgated regulations 
to carry out such amendments, except that no communica-
tion which is made prior to the date of the enactment of 
this Act shall be treated as an electioneering communica-
tion under section 304(f)(3)(A)(i)(II) of the Federal Elec-
tion Campaign Act of 1971 (as amended by subsection 
(a)) unless the communication would be treated as an elec-
tioneering communication under such section if the 
amendment made by subsection (a) did not apply.
SEC. 203. MANDATORY ELECTRONIC FILING BY PERSONS 
MAKING INDEPENDENT EXPENDITURES OR 
ELECTIONEERING 
COMMUNICATIONS 
EX-
CEEDING $10,000 AT ANY TIME. 
Section 304(d)(1) of the Federal Election Campaign 
Act of 1971 (2 U.S.C. 434(d)(1)) is amended— 
(1) by striking ‘‘or (g)’’; and 
(2) by adding at the end the following: ‘‘Not-
withstanding any other provision of this section, any 
person who is required to file a statement under 
subsection (f) or subsection (g) shall file the state-
ment in electronic form accessible by computers, in 
a manner which ensures that the information pro-
vided is searchable, sortable, and downloadable.’’. 
Subtitle 
B—Expanded 
Require-
ments 
for 
Corporations 
and 
Other Organizations 
SEC. 211. ADDITIONAL INFORMATION REQUIRED TO BE IN-
CLUDED IN REPORTS ON DISBURSEMENTS BY 
COVERED ORGANIZATIONS. 
(a) INDEPENDENT EXPENDITURE REPORTS.—Sec-
tion 304(g) of the Federal Election Campaign Act of 1971 
(2 U.S.C. 434(g)) is amended by adding at the end the 
following new paragraph: 
‘‘(5) DISCLOSURE
OF
ADDITIONAL
INFORMA-
TION
BY
COVERED
ORGANIZATIONS
MAKING
PAY-
MENTS
FOR
PUBLIC
INDEPENDENT
EXPENDI-
TURES.— 
‘‘(A) ADDITIONAL
INFORMATION.—If a 
covered organization makes or contracts to 
make public independent expenditures in an ag-
gregate amount equal to or exceeding $10,000 
in a calendar year, the report filed by the orga-
nization under this subsection shall include, in 
addition to the information required under 
paragraph (3), the following information (sub-
ject to subparagraph (B)(iv)): 
‘‘(i) If any person made a donation or 
payment to the covered organization dur-
ing the covered organization reporting pe-
riod which was provided for the purpose of 
being used for campaign-related activity or 
in response to a solicitation for funds to be 
used for campaign-related activity— 
‘‘(I) subject to subparagraph (C), 
the identification of each person who 
made such donations or payments in 
an aggregate amount equal to or ex-
ceeding $600 during such period, pre-
sented in the order of the aggregate 
amount of donations or payments
made by such persons during such pe-
riod (with the identification of the 
person making the largest donation or 
payment appearing first); and 
‘‘(II) if any person identified 
under subclause (I) designated that 
the donation or payment be used for 
campaign-related activity with respect 
to a specific election or in support of 
a specific candidate, the name of the 
election or candidate involved, and if 
any such person designated that the 
donation or payment be used for a 
specific public independent expendi-
ture, a description of the expenditure. 
‘‘(ii) The identification of each person 
who made unrestricted donor payments to 
the organization during the covered organi-
zation reporting period— 
‘‘(I) in an aggregate amount 
equal to or exceeding $600 during 
such period, if any of the disburse-
ments made by the organization for 
any of the public independent expendi-
tures which are covered by the report
were not made from the organization’s 
Campaign-Related Activity Account 
under section 326; or 
‘‘(II) in an aggregate amount 
equal to or exceeding $6,000 during 
such period, if the disbursements 
made by the organization for all of 
the public independent expenditures 
which are covered by the report were 
made exclusively from the organiza-
tion’s Campaign-Related Activity Ac-
count under section 326 (but only if 
the organization has made deposits 
described in subparagraph (D) of sec-
tion 326(a)(2) into that Account dur-
ing such period in an aggregate 
amount equal to or greater than 
$10,000), 
presented in the order of the aggregate 
amount of payments made by such persons 
during such period (with the identification 
of the person making the largest payment 
appearing first). 
‘‘(B) TREATMENT
OF
TRANSFERS
MADE 
TO OTHER PERSONS.—
‘‘(i) IN GENERAL.—Subject to clause 
(iii), for purposes of the requirement to file 
reports under this subsection (including 
the requirement under subparagraph (A) 
to include additional information in such 
reports), a covered organization which 
transfers amounts to another person (other 
than the covered organization itself) for 
the purpose of making a public inde-
pendent expenditure by that person or by 
any other person, or (in accordance with 
clause (ii)) which is deemed to have trans-
ferred amounts to another person (other 
than the covered organization itself) for 
the purpose of making a public inde-
pendent expenditure by that person or by 
any other person, shall be considered to 
have made a public independent expendi-
ture. 
‘‘(ii) RULES
FOR
DEEMING
TRANS-
FERS MADE FOR PURPOSE OF MAKING EX-
PENDITURES.—For purposes of clause (i), 
in determining whether a covered organiza-
tion which transfers amounts to another 
person shall be deemed to have transferred
the amounts for the purpose of making a 
public independent expenditure, the fol-
lowing rules apply: 
‘‘(I) The covered organization 
shall be deemed to have transferred 
the amounts for the purpose of mak-
ing a public independent expenditure 
if— 
‘‘(aa) the covered organiza-
tion designates, requests, or sug-
gests that the amounts be used 
for public independent expendi-
tures and the person to whom 
the amounts were transferred 
agrees to do so; 
‘‘(bb) the person making the 
public independent expenditure 
or another person acting on that 
person’s behalf expressly solicited 
the covered organization for a do-
nation or payment for making or 
paying for any public inde-
pendent expenditures; 
‘‘(cc) the covered organiza-
tion and the person to whom the
amounts were transferred en-
gaged in written or oral discus-
sion regarding the person either 
making, or paying for, any public 
independent expenditure, or do-
nating 
or 
transferring 
the 
amounts to another person for 
that purpose; 
‘‘(dd) the covered organiza-
tion which transferred the funds 
knew or had reason to know that 
the person to whom the amounts 
were 
transferred 
intended 
to 
make public independent expendi-
tures; or 
‘‘(ee) the covered organiza-
tion which transferred the funds 
or the person to whom the 
amounts were transferred made 
one or more public independent 
expenditures in an aggregate 
amount of $50,000 or more dur-
ing the 2-year period which ends 
on 
the 
date 
on 
which 
the 
amounts were transferred.
‘‘(II) The covered organization 
shall not be deemed to have trans-
ferred the amounts for the purpose of 
making a public independent expendi-
ture if— 
‘‘(aa) the transfer was a 
commercial transaction occurring 
in the ordinary course of business 
between the covered organization 
and the person to whom the 
amounts were transferred, unless 
there is affirmative evidence that 
the amounts were transferred for 
the purpose of making a public 
independent expenditure; or 
‘‘(bb) the covered organiza-
tion and the person to whom the 
amounts were transferred mutu-
ally agreed (as provided in sec-
tion 325(b)(1)) that the person 
will not use the amounts for cam-
paign-related activity. 
‘‘(iii) 
SPECIAL
RULE
REGARDING 
TRANSFERS AMONG AFFILIATES.—
‘‘(I) SPECIAL RULE.—In the case 
of an amount transferred by one cov-
ered organization to another covered 
organization which is treated as a 
transfer between affiliates under sub-
clause (II), clause (i) and (ii) shall 
apply to the covered organization 
which transfers the amount only if the 
aggregate amount transferred during 
the year by such covered organization 
to that same covered organization is 
equal to or greater than $50,000. 
‘‘(II) DESCRIPTION
OF
TRANS-
FERS
BETWEEN
AFFILIATES.—A 
transfer of amounts from one covered 
organization to another covered orga-
nization shall be treated as a transfer 
between affiliates if— 
‘‘(aa) one of the organiza-
tions is an affiliate of the other 
organization; or 
‘‘(bb) each of the organiza-
tions is an affiliate of the same 
organization,
except that the transfer shall not be 
treated as a transfer between affiliates 
if one of the organizations is estab-
lished for the purpose of disbursing 
funds for campaign-related activity. 
‘‘(III) DETERMINATION
OF
AF-
FILIATE
STATUS.—For purposes of 
subclause (II), a covered organization 
is an affiliate of another covered orga-
nization if— 
‘‘(aa) the governing instru-
ment of the organization requires 
it to be bound by decisions of the 
other organization; 
‘‘(bb) the governing board of 
the organization includes persons 
who are specifically designated 
representatives of the other orga-
nization or are members of the 
governing board, officers, or paid 
executive staff members of the 
other 
organization, 
or 
whose 
service on the governing board is 
contingent upon the approval of 
the other organization; or
‘‘(cc) the organization is 
chartered by the other organiza-
tion. 
‘‘(IV) COVERAGE OF TRANSFERS 
TO AFFILIATED SECTION 501(C)(3) OR-
GANIZATIONS.—This 
clause 
shall 
apply with respect to an amount 
transferred by a covered organization 
to an organization described in para-
graph (3) of section 501(c) of the In-
ternal Revenue Code of 1986 and ex-
empt from tax under section 501(a) of 
such Code in the same manner as this 
clause applies to an amount trans-
ferred by a covered organization to 
another covered organization. 
‘‘(iv) SPECIAL THRESHOLD FOR DIS-
CLOSURE
OF
DONORS.—Notwithstanding 
clause (i) or (ii) of subparagraph (A), if a 
covered organization is required to include 
the identification of a person described in 
such clause in a report filed under this 
subsection because the covered organiza-
tion is deemed (in accordance with clause 
(ii)) to have transferred amounts for the
purpose of making a public independent 
expenditure, the organization shall include 
the identification of the person only if the 
person made donations or payments (in the 
case of a person described in clause (i)(I) 
of subparagraph (A)) or unrestricted donor 
payments (in the case of a person de-
scribed in clause (ii) of subparagraph (A)) 
to the covered organization during the cov-
ered organization reporting period involved 
in an aggregate amount equal to or exceed-
ing $10,000. 
‘‘(v) WAIVER
OF
REQUIREMENT
TO 
FILE
REPORT.—Notwithstanding 
clause 
(i), a covered organization which is consid-
ered to have made a public independent ex-
penditure under such clause shall not be 
required to file a report under this sub-
section if— 
‘‘(I) the organization would be 
required to file the report solely be-
cause the organization is deemed (in 
accordance with clause (ii)) to have 
transferred amounts for the purpose
of making a public independent ex-
penditure; 
‘‘(II) no person made donations 
or payments (in the case of a person 
described in clause (i)(I) of subpara-
graph (A)) or unrestricted donor pay-
ments (in the case of a person de-
scribed in clause (ii) of subparagraph 
(A)) to the covered organization dur-
ing the covered organization reporting 
period 
involved 
in 
an 
aggregate 
amount 
equal 
to 
or 
exceeding 
$10,000; and 
‘‘(III) all of the persons who 
made donations or payments (in the 
case of a person described in clause 
(i)(I) of subparagraph (A)) or unre-
stricted donor payments (in the case 
of a person described in clause (ii) of 
subparagraph (A)) to the covered or-
ganization during the covered organi-
zation reporting period in any amount 
were individuals. 
‘‘(C) 
EXCLUSION
OF
AMOUNTS
DES-
IGNATED FOR OTHER CAMPAIGN-RELATED AC-
TIVITY.—For purposes of subparagraph (A)(i), 
in determining the amount of a donation or 
payment made by a person which was provided 
for the purpose of being used for campaign-re-
lated activity or in response to a solicitation for 
funds to be used for campaign-related activity, 
there shall be excluded any amount which was 
designated by the person to be used— 
‘‘(i) for campaign-related activity de-
scribed 
in 
clause 
(i) 
of 
section 
325(d)(2)(A) (relating to independent ex-
penditures) with respect to a different elec-
tion, or with respect to a candidate in a 
different election, than an election which is 
the subject of any of the public inde-
pendent expenditures covered by the report 
involved; or 
‘‘(ii) for any campaign-related activity 
described 
in 
clause 
(ii) 
of 
section 
325(d)(2)(A) (relating to electioneering 
communications). 
‘‘(D) EXCLUSION OF AMOUNTS PAID FROM 
SEPARATE
SEGREGATED
FUND.—In 
deter-
mining the amount of public independent ex-
penditures made by a covered organization for
purposes of this paragraph, there shall be ex-
cluded any amounts paid from a separate seg-
regated fund established and administered by 
the organization under section 316(b)(2)(C). 
‘‘(E) DETERMINATION
OF
AMOUNT
OF 
CERTAIN PAYMENTS AMONG AFFILIATES.—For 
purposes of determining the amount of any do-
nation, payment, or transfer under this sub-
section which is made by a covered organization 
to another covered organization which is an af-
filiate of the covered organization or each of 
which is an affiliate of the same organization 
(as determined in accordance with subpara-
graph (B)(iii)), to the extent that the donation, 
payment, or transfer consists of funds attrib-
utable to dues, fees, or assessments which are 
paid by individuals on a regular, periodic basis 
in accordance with a per-individual calculation 
which is made on a regular basis, the donation, 
payment, or transfer shall be attributed to the 
individuals paying the dues, fees, or assess-
ments and shall not be attributed to the covered 
organization. 
‘‘(F) COVERED ORGANIZATION REPORTING 
PERIOD
DESCRIBED.—In this paragraph, the
‘covered organization reporting period’ is, with 
respect to a report filed by a covered organiza-
tion under this subsection— 
‘‘(i) in the case of the first report filed 
by a covered organization under this sub-
section which includes information required 
under this paragraph, the shorter of— 
‘‘(I) the period which begins on 
the effective date of the Democracy is 
Strengthened by Casting Light on 
Spending in Elections Act and ends 
on the last day covered by the report, 
or 
‘‘(II) the 12-month period ending 
on the last day covered by the report; 
and 
‘‘(ii) in the case of any subsequent re-
port filed by a covered organization under 
this subsection which includes information 
required under this paragraph, the period 
occurring since the most recent report filed 
by the organization which includes such in-
formation.
‘‘(G) 
COVERED
ORGANIZATION
DE-
FINED.—In this paragraph, the term ‘covered 
organization’ means any of the following: 
‘‘(i) Any corporation which is subject 
to section 316(a), other than a corporation 
which is an organization described in para-
graph (3) of section 501(c) of the Internal 
Revenue Code of 1986 and exempt from 
tax under section 501(a) of such Code. 
‘‘(ii) Any labor organization (as de-
fined in section 316). 
‘‘(iii) Any organization described in 
paragraph (4), (5), or (6) of section 501(c) 
of the Internal Revenue Code of 1986 and 
exempt from tax under section 501(a) of 
such Code, other than an exempt section 
501(c)(4) organization (as defined in sec-
tion 301(27)). 
‘‘(iv) Any political organization under 
section 527 of the Internal Revenue Code 
of 1986, other than a political committee 
under this Act. 
‘‘(H) OTHER DEFINITIONS.—In this para-
graph—
‘‘(i) the terms ‘campaign-related activ-
ity’ and ‘unrestricted donor payment’ have 
the meaning given such terms in section 
325; and 
‘‘(ii) the term ‘public independent ex-
penditure’ means an independent expendi-
ture for a public communication (as de-
fined in section 301(22)).’’. 
(b) ELECTIONEERING COMMUNICATION REPORTS.— 
(1) IN GENERAL.—Section 304(f) of such Act 
(2 U.S.C. 434(f)) is amended— 
(A) by redesignating paragraphs (6) and 
(7) as paragraphs (7) and (8); and 
(B) by inserting after paragraph (5) the 
end the following new paragraph: 
‘‘(6) DISCLOSURE
OF
ADDITIONAL
INFORMA-
TION BY COVERED ORGANIZATIONS.— 
‘‘(A) ADDITIONAL
INFORMATION.—If a 
covered organization files a statement under 
this subsection, the statement shall include, in 
addition to the information required under 
paragraph (2), the following information (sub-
ject to subparagraph (B)(iv)): 
‘‘(i) If any person made a donation or 
payment to the covered organization dur-
ing the covered organization reporting pe-
riod which was provided for the purpose of 
being used for campaign-related activity or 
in response to a solicitation for funds to be 
used for campaign-related activity— 
‘‘(I) subject to subparagraph (C), 
the identification of each person who 
made such donations or payments in 
an aggregate amount equal to or ex-
ceeding $1,000 during such period, 
presented in the order of the aggre-
gate amount of donations or payments 
made by such persons during such pe-
riod (with the identification of the 
person making the largest donation or 
payment appearing first); and 
‘‘(II) if any person identified 
under subclause (I) designated that 
the donation or payment be used for 
campaign-related activity with respect 
to a specific election or in support of 
a specific candidate, the name of the 
election or candidate involved, and if 
any such person designated that the 
donation or payment be used for a
specific electioneering communication, 
a description of the communication. 
‘‘(ii) The identification of each person 
who made unrestricted donor payments to 
the organization during the covered organi-
zation reporting period— 
‘‘(I) in an aggregate amount 
equal to or exceeding $1,000 during 
such period, if the organization made 
any of the disbursements which are 
described in subclause (II) from a 
source other than the organization’s 
Campaign-Related Activity Account 
under section 326; or 
‘‘(II) in an aggregate amount 
equal to or exceeding $10,000 during 
such period, if the organization made 
from its Campaign-Related Activity 
Account under section 326 all of its 
disbursements for electioneering com-
munications during such period which 
are, on the basis of a reasonable belief 
by the organization, subject to treat-
ment as disbursements for an exempt 
function for purposes of section 527(f)
of the Internal Revenue Code of 1986 
(but only if the organization has made 
deposits described in subparagraph 
(D) of section 326(a)(2) into that Ac-
count during such period in an aggre-
gate amount equal to or greater than 
$10,000), 
presented in the order of the aggregate 
amount of payments made by such persons 
during such period (with the identification 
of the person making the largest payment 
appearing first). 
‘‘(B) TREATMENT
OF
TRANSFERS
MADE 
TO OTHER PERSONS.— 
‘‘(i) IN GENERAL.—Subject to clause 
(iii), for purposes of the requirement to file 
statements under this subsection (including 
the requirement under subparagraph (A) 
to include additional information in such 
statements), a covered organization which 
transfers amounts to another person (other 
than the covered organization itself) for 
the purpose of making an electioneering 
communication by that person or by any 
other person, or (in accordance with clause
(ii)) which is deemed to have transferred 
amounts to another person (other than the 
covered organization itself) for the purpose 
of making an electioneering communication 
by that person or by any other person, 
shall be considered to have made a dis-
bursement for an electioneering commu-
nication. 
‘‘(ii) RULES
FOR
DEEMING
TRANS-
FERS
MADE
FOR
PURPOSE
OF
MAKING 
COMMUNICATIONS.—For 
purposes 
of 
clause (i), in determining whether a cov-
ered organization which transfers amounts 
to another person shall be deemed to have 
transferred the amounts for the purpose of 
making an electioneering communication, 
the following rules apply: 
‘‘(I) The covered organization 
shall be deemed to have transferred 
the amounts for the purpose of mak-
ing an electioneering communication 
if— 
‘‘(aa) the covered organiza-
tion designates, requests, or sug-
gests that the amounts be used
for 
electioneering 
communica-
tions and the person to whom the 
amounts were transferred agrees 
to do so; 
‘‘(bb) the person making the 
electioneering communication or 
another person acting on that 
person’s behalf expressly solicited 
the covered organization for a do-
nation or payment for making or 
paying for any electioneering 
communications; 
‘‘(cc) the covered organiza-
tion and the person to whom the 
amounts were transferred en-
gaged in written or oral discus-
sion regarding the person either 
making, or paying for, any elec-
tioneering communication, or do-
nating 
or 
transferring 
the 
amounts to another person for 
that purpose; 
‘‘(dd) the covered organiza-
tion which transferred the funds 
knew or had reason to know that
the person to whom the amounts 
were 
transferred 
intended 
to 
make electioneering communica-
tions; or 
‘‘(ee) the covered organiza-
tion which transferred the funds 
or the person to whom the 
amounts were transferred made 
one or more electioneering com-
munications 
in 
an 
aggregate 
amount of $50,000 or more dur-
ing the 2-year period which ends 
on 
the 
date 
on 
which 
the 
amounts were transferred. 
‘‘(II) The covered organization 
shall not be deemed to have trans-
ferred the amounts for the purpose of 
making an electioneering communica-
tion if— 
‘‘(aa) the transfer was a 
commercial transaction occurring 
in the ordinary course of business 
between the covered organization 
and the person to whom the 
amounts were transferred, unless
there is affirmative evidence that 
the amounts were transferred for 
the purpose of making an elec-
tioneering communication; or 
‘‘(bb) the covered organiza-
tion and the person to whom the 
amounts were transferred mutu-
ally agreed (as provided in sec-
tion 325(b)(1)) that the person 
will not use the amounts for cam-
paign-related activity. 
‘‘(iii) 
SPECIAL
RULE
REGARDING 
TRANSFERS AMONG AFFILIATES.— 
‘‘(I) SPECIAL RULE.—In the case 
of an amount transferred by one cov-
ered organization to another covered 
organization which is treated as a 
transfer between affiliates under sub-
clause (II), clause (i) and (ii) shall 
apply to the covered organization 
which transfers the amount only if the 
aggregate amount transferred during 
the year by such covered organization 
to that same covered organization is 
equal to or greater than $50,000.
‘‘(II) DESCRIPTION
OF
TRANS-
FERS
BETWEEN
AFFILIATES.—A 
transfer of amounts from one covered 
organization to another covered orga-
nization shall be treated as a transfer 
between affiliates if— 
‘‘(aa) one of the organiza-
tions is an affiliate of the other 
organization; or 
‘‘(bb) each of the organiza-
tions is an affiliate of the same 
organization, 
except that the transfer shall not be 
treated as a transfer between affiliates 
if one of the organizations is estab-
lished for the purpose of disbursing 
funds for campaign-related activity. 
‘‘(III) DETERMINATION
OF
AF-
FILIATE
STATUS.—For purposes of 
subclause (II), a covered organization 
is an affiliate of another covered orga-
nization if— 
‘‘(aa) the governing instru-
ment of the organization requires
it to be bound by decisions of the 
other organization; 
‘‘(bb) the governing board of 
the organization includes persons 
who are specifically designated 
representatives of the other orga-
nization or are members of the 
governing board, officers, or paid 
executive staff members of the 
other 
organization, 
or 
whose 
service on the governing board is 
contingent upon the approval of 
the other organization; or 
‘‘(cc) the organization is 
chartered by the other organiza-
tion. 
‘‘(IV) COVERAGE OF TRANSFERS 
TO AFFILIATED SECTION 501(C)(3) OR-
GANIZATIONS.—This 
clause 
shall 
apply with respect to an amount 
transferred by a covered organization 
to an organization described in para-
graph (3) of section 501(c) of the In-
ternal Revenue Code of 1986 and ex-
empt from tax under section 501(a) of
such Code in the same manner as this 
clause applies to an amount trans-
ferred by a covered organization to 
another covered organization. 
‘‘(iv) SPECIAL THRESHOLD FOR DIS-
CLOSURE
OF
DONORS.—Notwithstanding 
clause (i) or (ii) of subparagraph (A), if a 
covered organization is required to include 
the identification of a person described in 
such clause in a statement filed under this 
subsection because the covered organiza-
tion is deemed (in accordance with clause 
(ii)) to have transferred amounts for the 
purpose of making an electioneering com-
munication, the organization shall include 
the identification of the person only if the 
person made donations or payments (in the 
case of a person described in clause (i)(I) 
of subparagraph (A)) or unrestricted donor 
payments (in the case of a person de-
scribed in clause (ii) of subparagraph (A)) 
to the covered organization during the cov-
ered organization reporting period involved 
in an aggregate amount equal to or exceed-
ing $10,000.
‘‘(v) WAIVER
OF
REQUIREMENT
TO 
FILE
STATEMENT.—Notwithstanding 
clause (i), a covered organization which is 
considered to have made a disbursement 
for an electioneering communication under 
such clause shall not be required to file a 
report under this subsection if— 
‘‘(I) the organization would be 
required to file the report solely be-
cause the organization is deemed (in 
accordance with clause (ii)) to have 
transferred amounts for the purpose 
of making an electioneering commu-
nication; 
‘‘(II) no person made donations 
or payments (in the case of a person 
described in clause (i)(I) of subpara-
graph (A)) or unrestricted donor pay-
ments (in the case of a person de-
scribed in clause (ii) of subparagraph 
(A)) to the covered organization dur-
ing the covered organization reporting 
period 
involved 
in 
an 
aggregate 
amount 
equal 
to 
or 
exceeding 
$10,000; and
‘‘(III) all of the persons who 
made donations or payments (in the 
case of a person described in clause 
(i)(I) of subparagraph (A)) or unre-
stricted donor payments (in the case 
of a person described in clause (ii) of 
subparagraph (A)) to the covered or-
ganization during the covered organi-
zation reporting period in any amount 
were individuals. 
‘‘(C) 
EXCLUSION
OF
AMOUNTS
DES-
IGNATED FOR OTHER CAMPAIGN-RELATED AC-
TIVITY.—For purposes of subparagraph (A)(i), 
in determining the amount of a donation or 
payment made by a person which was provided 
for the purpose of being used for campaign-re-
lated activity or in response to a solicitation for 
funds to be used for campaign-related activity, 
there shall be excluded any amount which was 
designated by the person to be used— 
‘‘(i) for campaign-related activity de-
scribed 
in 
clause 
(i) 
of 
section 
325(d)(2)(A) (relating to independent ex-
penditures) with respect to a different elec-
tion, or with respect to a candidate in a
different election, than an election which is 
the subject of any of the public inde-
pendent expenditures covered by the report 
involved; or 
‘‘(ii) for any campaign-related activity 
described 
in 
clause 
(ii) 
of 
section 
325(d)(2)(A) (relating to electioneering 
communications). 
‘‘(D) DETERMINATION
OF
AMOUNT
OF 
CERTAIN PAYMENTS AMONG AFFILIATES.—For 
purposes of determining the amount of any do-
nation, payment, or transfer under this sub-
section which is made by a covered organization 
to another covered organization which is an af-
filiate of the covered organization or each of 
which is an affiliate of the same organization 
(as determined in accordance with subpara-
graph (B)(iii)), to the extent that the donation, 
payment, or transfer consists of funds attrib-
utable to dues, fees, or assessments which are 
paid by individuals on a regular, periodic basis 
in accordance with a per-individual calculation 
which is made on a regular basis, the donation, 
payment, or transfer shall be attributed to the 
individuals paying the dues, fees, or assess-
ments and shall not be attributed to the covered 
organization. 
‘‘(E) COVERED ORGANIZATION REPORTING 
PERIOD
DESCRIBED.—In this paragraph, the 
‘covered organization reporting period’ is, with 
respect to a statement filed by a covered orga-
nization under this subsection— 
‘‘(i) in the case of the first statement 
filed by a covered organization under this 
subsection which includes information re-
quired under this paragraph, the shorter 
of— 
‘‘(I) the period which begins on 
the effective date of the Democracy is 
Strengthened by Casting Light on 
Spending in Elections Act and ends 
on the disclosure date for the state-
ment, or 
‘‘(II) the 12-month period ending 
on the disclosure date for the state-
ment; and 
‘‘(ii) in the case of any subsequent 
statement filed by a covered organization 
under this subsection which includes infor-
mation required under this paragraph, the
period occurring since the most recent 
statement filed by the organization which 
includes such information. 
‘‘(F) COVERED ORGANIZATION DEFINED.— 
In this paragraph, the term ‘covered organiza-
tion’ means any of the following: 
‘‘(i) Any corporation which is subject 
to section 316(a), other than a corporation 
which is an organization described in para-
graph (3) of section 501(c) of the Internal 
Revenue Code of 1986 and exempt from 
tax under section 501(a) of such Code. 
‘‘(ii) Any labor organization (as de-
fined in section 316). 
‘‘(iii) Any organization described in 
paragraph (4), (5), or (6) of section 501(c) 
of the Internal Revenue Code of 1986 and 
exempt from tax under section 501(a) of 
such Code, other than an exempt section 
501(c)(4) organization (as defined in sec-
tion 301(27)). 
‘‘(iv) Any political organization under 
section 527 of the Internal Revenue Code 
of 1986, other than a political committee 
under this Act.
‘‘(G) OTHER DEFINITIONS.—In this para-
graph, the terms ‘campaign-related activity’ and 
‘unrestricted donor payment’ have the meaning 
given such terms in section 325.’’. 
(2) 
CONFORMING
AMENDMENT.—Section 
304(f)(2) of such Act (2 U.S.C. 434(f)(2)) is 
amended by striking ‘‘If the disbursements’’ each 
place it appears in subparagraph (E) and (F) and 
inserting the following: ‘‘Except in the case of a 
statement which is required to include additional in-
formation under paragraph (6), if the disburse-
ments’’. 
(c) EXEMPTION OF CERTAIN SECTION 501(C)(4) OR-
GANIZATIONS.—Section 301 of such Act (2 U.S.C. 431) 
is amended by adding at the end the following: 
‘‘(27) EXEMPT
SECTION
501(C)(4)
ORGANIZA-
TION.—The term ‘exempt section 501(c)(4) organi-
zation’ means, with respect to disbursements made 
by an organization during a calendar year, an orga-
nization for which the chief executive officer of the 
organization certifies to the Commission (prior to 
the first disbursement made by the organization dur-
ing the year) that each of the following applies: 
‘‘(A) The organization is described in para-
graph (4) of section 501(c) of the Internal Rev-
‘‘(C) other funds of the organization, in-
cluding amounts received pursuant to commer-
cial activities in the regular course of a covered 
organization’s business. 
‘‘(2) NO EFFECT ON USE OF SEPARATE SEG-
REGATED FUND.—Nothing in this section shall be 
construed to affect the authority of a covered organi-
zation to make disbursements from a separate seg-
regated fund established and administered by the or-
ganization under section 316(b)(2)(C). 
‘‘(b) MUTUALLY AGREED RESTRICTIONS ON USE OF 
FUNDS FOR CAMPAIGN-RELATED ACTIVITY.— 
‘‘(1) AGREEMENT
AND
CERTIFICATION.—If a 
covered organization and a person mutually agree, 
at the time the person makes a donation, payment, 
or transfer to the organization which would require 
the organization to disclose the person’s identifica-
tion under section 304(g)(5)(A)(ii) or section 
304(f)(6)(A)(ii), that the organization will not use 
the donation, payment, or transfer for campaign-re-
lated activity, then not later than 30 days after the 
organization receives the donation, payment, or 
transfer the organization shall transmit to the per-
son a written certification by the chief financial offi-
cer of the covered organization (or, if the organiza-
tion does not have a chief financial officer, the high-
est ranking financial official of the organization) 
that— 
‘‘(A) the organization will not use the do-
nation, payment, or transfer for campaign-re-
lated activity; and 
‘‘(B) the organization will not include any 
information on the person in any report filed by 
the organization under section 304 with respect 
to independent expenditures or electioneering 
communications, so that the person will not be 
required to appear in a significant funder state-
ment or a Top 5 Funders list under section 
318(e). 
‘‘(2) EXCEPTION FOR PAYMENTS MADE PURSU-
ANT TO COMMERCIAL ACTIVITIES.—Paragraph (1) 
does not apply with respect to any payment or trans-
fer made pursuant to commercial activities in the 
regular course of a covered organization’s business. 
‘‘(c) CERTIFICATIONS REGARDING DISBURSEMENTS 
FOR CAMPAIGN-RELATED ACTIVITY.— 
‘‘(1) CERTIFICATION BY CHIEF EXECUTIVE OF-
FICER.—If, at any time during a calendar quarter, 
a covered organization makes a disbursement of 
funds for campaign-related activity using funds de-
scribed in subsection (a)(1), the chief executive offi-
cer of the covered organization or the chief executive 
officer’s designee (or, if the organization does not 
have a chief executive officer, the highest ranking of-
ficial of the organization or the highest ranking offi-
cial’s designee) shall file a statement with the Com-
mission which contains the following certifications: 
‘‘(A) None of the campaign-related activity 
for which the organization disbursed the funds 
during the quarter was made in cooperation, 
consultation, or concert with, or at the request 
or suggestion of, any candidate or any author-
ized committee or agent of such candidate, or 
political committee of a political party or agent 
of any political party. 
‘‘(B) The chief executive officer or highest 
ranking official of the covered organization (as 
the case may be) has reviewed and approved 
each statement and report filed by the organi-
zation under section 304 with respect to any 
such disbursement made during the quarter. 
‘‘(C) Each statement and report filed by 
the organization under section 304 with respect 
to any such disbursement made during the 
quarter is complete and accurate.
‘‘(D) All such disbursements made during 
the quarter are in compliance with this Act. 
‘‘(E) No portion of the amounts used to 
make any such disbursements during the quar-
ter is attributable to funds received by the orga-
nization that were subject to a mutual agree-
ment (as provided in subsection (b)(1)) that the 
organization will not use the funds for cam-
paign-related activity by the person who pro-
vided the funds from being used for campaign- 
related activity pursuant to subsection (b). 
‘‘(2) APPLICATION
OF
ELECTRONIC
FILING 
RULES.—Section 304(d)(1) shall apply with respect 
to a statement required under this subsection in the 
same manner as such section applies with respect to 
a statement under subsection (c) or (g) of section 
304. 
‘‘(3) DEADLINE.—The chief executive officer or 
highest ranking official of a covered organization (as 
the case may be) shall file the statement required 
under this subsection with respect to a calendar 
quarter not later than 15 days after the end of the 
quarter. 
‘‘(d) DEFINITIONS.—For purposes of this section, the 
following definitions apply:
‘‘(1) COVERED ORGANIZATION.—The term ‘cov-
ered organization’ means any of the following: 
‘‘(A) Any corporation which is subject to 
section 316(a), other than a corporation which 
is an organization described in paragraph (3) of 
section 501(c) of the Internal Revenue Code of 
1986 and exempt from tax under section 501(a) 
of such Code. 
‘‘(B) Any labor organization (as defined in 
section 316). 
‘‘(C) Any organization described in para-
graph (4), (5), or (6) of section 501(c) of the 
Internal Revenue Code of 1986 and exempt 
from tax under section 501(a) of such Code, 
other than an exempt section 501(c)(4) organi-
zation (as defined in section 301(27)). 
‘‘(D) Any political organization under sec-
tion 527 of the Internal Revenue Code of 1986, 
other than a political committee under this Act. 
‘‘(2) CAMPAIGN-RELATED ACTIVITY.— 
‘‘(A) IN GENERAL.—The term ‘campaign- 
related activity’ means— 
‘‘(i) an independent expenditure con-
sisting of a public communication (as de-
fined in section 301(22)), a transfer of
funds to another person (other than the 
transferor itself) for the purpose of making 
such an independent expenditure by that 
person or by any other person (subject to 
subparagraph (C)), or (in accordance with 
subparagraph (B) and subject to subpara-
graph (C)) a transfer of funds to another 
person (other than the transferor itself) 
which is deemed to have been made for the 
purpose of making such an independent ex-
penditure by that person or by any other 
person; or 
‘‘(ii) an electioneering communication, 
a transfer of funds to another person 
(other than the transferor itself) for the 
purpose of making an electioneering com-
munication by that person or by any other 
person (subject to subparagraph (C)), or 
(in accordance with subparagraph (B) and 
subject to subparagraph (C)) a transfer of 
funds to another person (other than the 
transferor itself)which is deemed to have 
been made for the purpose of making an 
electioneering communication by that per-
son or by any other person.
‘‘(B) RULE
FOR
DEEMING
TRANSFERS 
MADE
FOR
PURPOSE
OF
CAMPAIGN-RELATED 
ACTIVITY.—For purposes of subparagraph (A), 
in determining whether a transfer of funds by 
a covered organization to another person shall 
be deemed to have been made for the purpose 
of making an independent expenditure con-
sisting of a public communication or an elec-
tioneering communication, the following rules 
apply: 
‘‘(i) The transfer shall be deemed to 
have been made for the purpose of making 
such an independent expenditure or an 
electioneering communication if— 
‘‘(I) the covered organization des-
ignates, requests, or suggests that the 
amounts be used for such independent 
expenditures or electioneering commu-
nications and the person to whom the 
amounts were transferred agrees to do 
so; 
‘‘(II) the person making such 
independent expenditures or election-
eering communications or another 
person acting on that person’s behalf
expressly solicited the covered organi-
zation for a donation or payment for 
making or paying for any such inde-
pendent expenditure or electioneering 
communication; 
‘‘(III) the covered organization 
and the person to whom the amounts 
were transferred engaged in written or 
oral discussion regarding the person 
either making, or paying for, such 
independent expenditures or election-
eering communications, or donating or 
transferring the amounts to another 
person for that purpose; 
‘‘(IV) the covered organization 
which transferred the funds knew or 
had reason to know that the person to 
whom the amounts were transferred 
intended to make such independent 
expenditures or electioneering commu-
nications; or 
‘‘(V) the covered organization 
which transferred the funds or the 
person to whom the amounts were 
transferred made one or more such
independent expenditures or election-
eering communications in an aggre-
gate amount of $50,000 or more dur-
ing the 2-year period which ends on 
the date on which the amounts were 
transferred. 
‘‘(ii) The transfer shall not be deemed 
to have been made for the purpose of mak-
ing such an independent expenditure or an 
electioneering communication if— 
‘‘(I) the transfer was a commer-
cial transaction occurring in the ordi-
nary course of business between the 
covered organization and the person 
to whom the amounts were trans-
ferred, unless there is affirmative evi-
dence that the amounts were trans-
ferred for the purpose of making such 
an independent expenditure or elec-
tioneering communication; or 
‘‘(II) the covered organization 
and the person to whom the amounts 
were transferred mutually agreed (as 
provided in subsection (b)(1)) that the
person will not use the amounts for 
campaign-related activity. 
‘‘(C) SPECIAL
RULE
REGARDING
TRANS-
FERS AMONG AFFILIATES.— 
‘‘(I) SPECIAL RULE.—In the case of a 
transfer of an amount by one covered orga-
nization to another covered organization 
which is treated as a transfer between af-
filiates under clause (ii), subparagraphs 
(A) and (B) shall apply to the transfer 
only if the aggregate amount transferred 
during the year by such covered organiza-
tion to that same covered organization is 
equal to or greater than $50,000. 
‘‘(ii) DETERMINATION OF AMOUNT OF 
CERTAIN
TRANSFERS
AMONG
AFFILI-
ATES.—In determining the amount of a 
transfer between affiliates for purposes of 
clause (I), to the extent that the transfer 
consists of funds attributable to dues, fees, 
or assessments which are paid by individ-
uals on a regular, periodic basis in accord-
ance with a per-individual calculation 
which is made on a regular basis, the 
transfer shall be attributed to the individ-
uals paying the dues, fees, or assessments 
and shall not be attributed to the covered 
organization. 
‘‘(iii) DESCRIPTION
OF
TRANSFERS 
BETWEEN
AFFILIATES.—A transfer of 
amounts from one covered organization to 
another covered organization shall be 
treated as a transfer between affiliates if— 
‘‘(I) one of the organizations is 
an affiliate of the other organization; 
or 
‘‘(II) each of the organizations is 
an affiliate of the same organization, 
except that the transfer shall not be treat-
ed as a transfer between affiliates if one of 
the organizations is established for the 
purpose of disbursing funds for campaign- 
related activity. 
‘‘(iv) DETERMINATION OF AFFILIATE 
STATUS.—For purposes of clause (ii), a 
covered organization is an affiliate of an-
other covered organization if— 
‘‘(I) the governing instrument of 
the organization requires it to be
bound by decisions of the other orga-
nization; 
‘‘(II) the governing board of the 
organization includes persons who are 
specifically designated representatives 
of the other organization or are mem-
bers of the governing board, officers, 
or paid executive staff members of the 
other organization, or whose service 
on the governing board is contingent 
upon the approval of the other organi-
zation; or 
‘‘(III) the organization is char-
tered by the other organization. 
‘‘(v) COVERAGE
OF
TRANSFERS
TO 
AFFILIATED SECTION 501(C)(3) ORGANIZA-
TIONS.—This subparagraph shall apply 
with respect to an amount transferred by 
a covered organization to an organization 
described in paragraph (3) of section 
501(c) of the Internal Revenue Code of 
1986 and exempt from tax under section 
501(a) of such Code in the same manner 
as this subparagraph applies to an amount
transferred by a covered organization to 
another covered organization. 
‘‘(3) UNRESTRICTED
DONOR
PAYMENT.—The 
term ‘unrestricted donor payment’ means a payment 
to a covered organization which consists of a dona-
tion or payment from a person other than the cov-
ered organization, except that such term does not in-
clude— 
‘‘(A) any payment made pursuant to com-
mercial activities in the regular course of a cov-
ered organization’s business; or 
‘‘(B) any donation or payment which is 
designated by the person making the donation 
or payment to be used for campaign-related ac-
tivity or made in response to a solicitation for 
funds to be used for campaign-related activ-
ity.’’. 
SEC. 213. OPTIONAL USE OF SEPARATE ACCOUNT BY COV-
ERED ORGANIZATIONS FOR CAMPAIGN-RE-
LATED ACTIVITY. 
(a) IN GENERAL.—Title III of the Federal Election 
Campaign Act of 1971 (2 U.S.C. 431 et seq.), as amended 
by section 212, is further amended by adding at the end 
the following new section:
‘‘SEC. 326. OPTIONAL USE OF SEPARATE ACCOUNT BY COV-
ERED ORGANIZATIONS FOR CAMPAIGN-RE-
LATED ACTIVITY. 
‘‘(a) OPTIONAL USE OF SEPARATE ACCOUNT.— 
‘‘(1) ESTABLISHMENT OF ACCOUNT.— 
‘‘(A) IN GENERAL.—At its option, a cov-
ered organization may make disbursements for 
campaign-related activity using amounts from a 
bank account established and controlled by the 
organization to be known as the Campaign-Re-
lated Activity Account (hereafter in this section 
referred to as the ‘Account’), which shall be 
maintained separately from all other accounts 
of the organization and which shall consist ex-
clusively of the deposits described in paragraph 
(2). 
‘‘(B) 
MANDATORY
USE
OF
ACCOUNT 
AFTER ESTABLISHMENT.—If a covered organi-
zation establishes an Account under this sec-
tion, it may not make disbursements for cam-
paign-related activity from any source other 
than amounts from the Account, other than dis-
bursements for campaign-related activity which, 
on the basis of a reasonable belief by the orga-
nization, would not be treated as disbursements
for an exempt function for purposes of section 
527(f) of the Internal Revenue Code of 1986. 
‘‘(C) EXCLUSIVE
USE
OF
ACCOUNT
FOR 
CAMPAIGN-RELATED
ACTIVITY.—Amounts 
in 
the Account shall be used exclusively for dis-
bursements by the covered organization for 
campaign-related activity. After such disburse-
ments are made, information with respect to de-
posits made to the Account shall be disclosed in 
accordance with section 304(g)(5) or section 
304(f)(6). 
‘‘(2) DEPOSITS DESCRIBED.—The deposits de-
scribed in this paragraph are deposits of the fol-
lowing amounts: 
‘‘(A) Amounts donated or paid to the cov-
ered organization by a person other than the 
organization for the purpose of being used for 
campaign-related activity, and for which the 
person providing the amounts has designated 
that the amounts be used for campaign-related 
activity with respect to a specific election or 
specific candidate. 
‘‘(B) Amounts donated or paid to the cov-
ered organization by a person other than the 
organization for the purpose of being used for
campaign-related activity, and for which the 
person providing the amounts has not des-
ignated that the amounts be used for campaign- 
related activity with respect to a specific elec-
tion or specific candidate. 
‘‘(C) Amounts donated or paid to the cov-
ered organization by a person other than the 
organization in response to a solicitation for 
funds to be used for campaign-related activity. 
‘‘(D) Amounts transferred to the Account 
by the covered organization from other accounts 
of the organization, including from the organi-
zation’s general treasury funds. 
‘‘(3) NO
TREATMENT
AS
POLITICAL
COM-
MITTEE.—The establishment and administration of 
an Account in accordance with this subsection shall 
not by itself be treated as the establishment or ad-
ministration of a political committee for any purpose 
of this Act. 
‘‘(b) REDUCTION IN AMOUNTS OTHERWISE AVAIL-
ABLE FOR ACCOUNT IN RESPONSE TO DEMAND OF GEN-
ERAL DONORS.— 
‘‘(1) IN GENERAL.—If a covered organization 
which has established an Account obtains any reve-
nues during a year which are attributable to a dona-
tion or payment from a person other than the cov-
ered organization, and if the organization and any 
such person have mutually agreed (as provided in 
section 325(b)(1)) that the organization will not use 
the person’s donation, payment, or transfer for cam-
paign-related activity, the organization shall reduce 
the amount of its revenues available for deposits to 
the Account which are described in subsection 
(a)(3)(D) during the year by the amount of the do-
nation or payment which is subject to the mutual 
agreement. 
‘‘(2) EXCEPTION.—Paragraph (1) does not 
apply with respect to any payment made pursuant to 
commercial activities in the regular course of a cov-
ered organization’s business. 
‘‘(c) COVERED ORGANIZATION DEFINED.—In this 
section, the term ‘covered organization’ means any of the 
following: 
‘‘(1) Any corporation which is subject to section 
316(a), other than a corporation which is an organi-
zation described in paragraph (3) of section 501(c) 
of the Internal Revenue Code of 1986 and exempt 
from tax under section 501(a) of such Code. 
‘‘(2) Any labor organization (as defined in sec-
tion 316).
‘‘(3) Any organization described in paragraph 
(4), (5), or (6) of section 501(c) of the Internal Rev-
enue Code of 1986 and exempt from tax under sec-
tion 501(a) of such Code, other than an exempt sec-
tion 501(c)(4) organization (as defined in section 
301(27)). 
‘‘(4) Any political organization under section 
527 of the Internal Revenue Code of 1986, other 
than a political committee under this Act. 
‘‘(d) CAMPAIGN-RELATED ACTIVITY DEFINED.—In 
this section, the term ‘campaign-related activity’ has the 
meaning given such term in section 325.’’. 
(b) CLARIFICATION OF TREATMENT AS SEPARATE 
SEGREGATED FUND.—A Campaign-Related Activity Ac-
count (within the meaning of section 326 of the Federal 
Election Campaign Act of 1971, as added by subsection 
(a)) may be treated as a separate segregated fund for pur-
poses of section 527(f)(3) of the Internal Revenue Code 
of 1986. 
SEC. 214. MODIFICATION OF RULES RELATING TO DIS-
CLAIMER STATEMENTS REQUIRED FOR CER-
TAIN COMMUNICATIONS. 
(a) APPLYING
REQUIREMENTS
TO
ALL
INDE-
PENDENT
EXPENDITURE
COMMUNICATIONS.—Section 
318(a) of the Federal Election Campaign Act of 1971 (2
U.S.C. 441d(a)) is amended by striking ‘‘for the purpose 
of financing communications expressly advocating the 
election or defeat of a clearly identified candidate’’ and 
inserting ‘‘for an independent expenditure consisting of a 
public communication’’. 
(b) STAND BY YOUR AD REQUIREMENTS.— 
(1) MAINTENANCE
OF
EXISTING
REQUIRE-
MENTS FOR COMMUNICATIONS BY POLITICAL PAR-
TIES AND OTHER POLITICAL COMMITTEES.—Section 
318(d)(2) of such Act (2 U.S.C. 441d(d)(2)) is 
amended— 
(A) in the heading, by striking ‘‘OTHERS’’ 
and inserting ‘‘POLITICAL COMMITTEES’’; 
(B) by striking ‘‘subsection (a)’’ and in-
serting ‘‘subsection (a) which is paid for by a 
political committee (including a political com-
mittee of a political party), other than a polit-
ical committee which is described in subsection 
(e)(7)(B),’’; and 
(C) by striking ‘‘or other person’’ each 
place it appears. 
(2) SPECIAL DISCLAIMER REQUIREMENTS FOR 
CERTAIN
COMMUNICATIONS.—Section 318 of such 
Act (2 U.S.C. 441d) is amended by adding at the 
end the following new subsection:
‘‘(e) COMMUNICATIONS BY OTHERS.— 
‘‘(1) IN
GENERAL.—Any communication de-
scribed in paragraph (3) of subsection (a) which is 
transmitted through radio or television (other than 
a communication to which subsection (d)(2) applies 
because the communication is paid for by a political 
committee, including a political committee of a polit-
ical party, other than a political committee which is 
described in paragraph (7)(B)) shall include, in ad-
dition to the requirements of that paragraph, the 
following: 
‘‘(A) The individual disclosure statement 
described in paragraph (2) (if the person pay-
ing for the communication is an individual) or 
the organizational disclosure statement de-
scribed in paragraph (3) (if the person paying 
for the communication is not an individual). 
‘‘(B) If the communication is an election-
eering communication or an independent ex-
penditure consisting of a public communication 
and is paid for in whole or in part with a pay-
ment which is treated as a disbursement by a 
covered organization for campaign-related activ-
ity under section 325, the significant funder 
disclosure statement described in paragraph (4)
(if applicable), unless, on the basis of criteria 
established in regulations promulgated by the 
Commission, the communication is of such 
short duration that including the statement in 
the communication would constitute a hardship 
to the person paying for the communication by 
requiring a disproportionate amount of the 
communication’s content to consist of the state-
ment. 
‘‘(C) If the communication is an election-
eering communication or an independent ex-
penditure consisting of a public communication 
and is paid for in whole or in part with a pay-
ment which is treated as a disbursement by a 
covered organization for campaign-related activ-
ity under section 325, the Top Five Funders 
list described in paragraph (5) (if applicable), 
unless, on the basis of criteria established in 
regulations promulgated by the Commission, 
the communication is of such short duration 
that including the Top Five Funders list in the 
communication would constitute a hardship to 
the person paying for the communication by re-
quiring a disproportionate amount of the com-
munication’s content to consist of the Top Five 
Funders list. 
‘‘(2) INDIVIDUAL DISCLOSURE STATEMENT DE-
SCRIBED.—The individual disclosure statement de-
scribed in this paragraph is the following: ‘I am 
lllllll, 
of 
lllllll, 
lllllll, and I approve this message.’, 
with— 
‘‘(A) the first blank filled in with the name 
of the applicable individual; 
‘‘(B) the second blank filled in with the 
local jurisdiction in which the applicable indi-
vidual resides; and 
‘‘(C) the third blank filled in with the 
State in which the applicable individual resides. 
‘‘(3) ORGANIZATIONAL
DISCLOSURE
STATE-
MENT
DESCRIBED.—The organizational disclosure 
statement described in this paragraph is the fol-
lowing: ‘I am lllllll, the lllllll 
of lllllll, located in lllllll, 
lllllll, and lllllll approves 
this message.’, with— 
‘‘(A) the first blank to be filled in with the 
name of the applicable individual;
‘‘(B) the second blank to be filled in with 
the title of the applicable individual; 
‘‘(C) the third blank to be filled in with the 
name of the organization or other person pay-
ing for the communication; 
‘‘(D) the fourth blank to be filled in with 
the local jurisdiction in which such organiza-
tion’s or person’s principal office is located; 
‘‘(E) the fifth blank to be filled in with the 
State in which such organization’s or person’s 
principal office is located; and 
‘‘(F) the sixth blank to be filled in with the 
name of such organization or person. 
‘‘(4) SIGNIFICANT FUNDER DISCLOSURE STATE-
MENT DESCRIBED.— 
‘‘(A) STATEMENT IF SIGNIFICANT FUNDER 
IS AN INDIVIDUAL.—If the significant funder of 
a communication paid for in whole or in part 
with a payment which is treated as a disburse-
ment by a covered organization for campaign- 
related activity under section 325 is an indi-
vidual, the significant funder disclosure state-
ment described in this paragraph is the fol-
lowing: 
‘I 
am 
lllllll, 
of
lllllll, lllllll. I helped to 
pay for this message, and I approve it.’, with— 
‘‘(i) the first blank filled in with the 
name of the applicable individual; 
‘‘(ii) the second blank filled in with 
the local jurisdiction in which the applica-
ble individual resides; and 
‘‘(iii) the third blank filled in with the 
State in which the applicable individual re-
sides. 
‘‘(B) STATEMENT IF SIGNIFICANT FUNDER 
IS
NOT
AN
INDIVIDUAL.—If the significant 
funder of a communication paid for in whole or 
in part with a payment which is treated as a 
disbursement by a covered organization for 
campaign-related activity under section 325 is 
not an individual, the significant funder disclo-
sure statement described in this paragraph is 
the following: ‘I am lllllll, the 
lllllll of lllllll, located 
in 
lllllll, 
lllllll. 
lllllll helped to pay for this mes-
sage, and lllllll approves it.’, with— 
‘‘(i) the first blank to be filled in with 
the name of the applicable individual;
‘‘(ii) the second blank to be filled in 
with the title of the applicable individual; 
‘‘(iii) the third blank to be filled in 
with the name of the significant funder of 
the communication; 
‘‘(iv) the fourth blank to be filled in 
with the local jurisdiction in which the sig-
nificant funder’s principal office is located; 
‘‘(v) the fifth blank to be filled in with 
the State in which the significant funder’s 
principal office is located; and 
‘‘(vi) the sixth and seventh blank each 
to be filled in with the name of the signifi-
cant funder of the communication. 
‘‘(C) SIGNIFICANT FUNDER DEFINED.— 
‘‘(i) INDEPENDENT EXPENDITURES.— 
For purposes of this paragraph, the ‘sig-
nificant funder’ with respect to an inde-
pendent expenditure consisting of a public 
communication paid for in whole or in part 
with a payment which is treated as a dis-
bursement by a covered organization for 
campaign-related activity under section 
325 shall be determined as follows:
‘‘(I) If any report filed by any or-
ganization with respect to the inde-
pendent expenditure under section 
304 during the 12-month period 
which ends on the date of the dis-
bursement includes information on 
any person who made a payment to 
the organization in an amount equal 
to or exceeding $100,000 which was 
designated by the person to be used 
for campaign-related activity con-
sisting of that specific independent ex-
penditure (as required to be included 
in 
the 
report 
under 
section 
304(g)(5)(A)(i)), the person who is 
identified among all such reports as 
making the largest such payment. 
‘‘(II) If any report filed by any 
organization with respect to the inde-
pendent expenditure under section 
304 during the 12-month period 
which ends on the date of the dis-
bursement includes information on 
any person who made a payment to 
the organization in an amount equal
to or exceeding $100,000 which was 
designated by the person to be used 
for campaign-related activity with re-
spect to the same election or in sup-
port of the same candidate (as re-
quired to be included in the report 
under section 304(g)(5)(A)(i)) but 
subclause (I) does not apply, the per-
son who is identified among all such 
reports as making the largest such 
payment. 
‘‘(III) If any report filed by any 
organization with respect to the inde-
pendent expenditure under section 
304 during the 12-month period 
which ends on the date of the dis-
bursement includes information on 
any person who made a payment to 
the organization in an amount equal 
to or exceeding $10,000 which was 
provided for the purpose of being used 
for campaign-related activity or in re-
sponse to a solicitation for funds to be 
used for campaign-related activity (as 
required to be included in the report
under section 304(g)(5)(A)(i)) but 
subclause (I) or subclause (II) does 
not apply, the person who is identified 
among all such reports as making the 
largest such payment. 
‘‘(IV) If none of the reports filed 
by any organization with respect to 
the independent expenditure under 
section 304 during the 12-month pe-
riod which ends on the date of the dis-
bursement includes information on 
any person (other than the organiza-
tion) who made a payment to the or-
ganization in an amount equal to or 
exceeding $10,000 which was provided 
for the purpose of being used for cam-
paign-related activity or in response to 
a solicitation for funds to be used for 
campaign-related activity, but any of 
such reports includes information on 
any person who made an unrestricted 
donor payment to the organization (as 
required to be included in the report 
under section 304(g)(5)(A)(ii)) in an 
amount 
equal 
to 
or 
exceeding
$10,000, the person who is identified 
among all such reports as making the 
largest such unrestricted donor pay-
ment. 
‘‘(ii) ELECTIONEERING
COMMUNICA-
TIONS.—For purposes of this paragraph, 
the ‘significant funder’ with respect to an 
electioneering communication paid for in 
whole or in part with a payment which is 
treated as a disbursement by a covered or-
ganization for campaign-related activity 
under section 325, shall be determined as 
follows: 
‘‘(I) If any report filed by any or-
ganization with respect to the elec-
tioneering communication under sec-
tion 304 during the 12-month period 
which ends on the date of the dis-
bursement includes information on 
any person who made a payment to 
the organization in an amount equal 
to or exceeding $100,000 which was 
designated by the person to be used 
for campaign-related activity con-
sisting of that specific electioneering
communication (as required to be in-
cluded in the report under section 
304(f)(6)(A)(i)), the person who is 
identified among all such reports as 
making the largest such payment. 
‘‘(II) If any report filed by any 
organization with respect to the elec-
tioneering communication under sec-
tion 304 during the 12-month period 
which ends on the date of the dis-
bursement includes information on 
any person who made a payment to 
the organization in an amount equal 
to or exceeding $100,000 which was 
designated by the person to be used 
for campaign-related activity with re-
spect to the same election or in sup-
port of the same candidate (as re-
quired to be included in the report 
under section 304(f)(6)(A)(i)) but 
subclause (I) does not apply, the per-
son who is identified among all such 
reports as making the largest such 
payment.
‘‘(III) If any report filed by any 
organization with respect to the elec-
tioneering communication under sec-
tion 304 during the 12-month period 
which ends on the date of the dis-
bursement includes information on 
any person who made a payment to 
the organization in an amount equal 
to or exceeding $10,000 which was 
provided for the purpose of being used 
for campaign-related activity or in re-
sponse to a solicitation for funds to be 
used for campaign-related activity (as 
required to be included in the report 
under section 304(f)(6)(A)(i)) but 
subclause (I) or subclause (II) does 
not apply, the person who is identified 
among all such reports as making the 
largest such payment. 
‘‘(IV) If none of the reports filed 
by any organization with respect to 
the 
electioneering 
communication 
under section 304 during the 12- 
month period which ends on the date 
of the disbursement includes informa-
tion on any person who made a pay-
ment to the organization in an 
amount equal to or exceeding $10,000 
which was provided for the purpose of 
being used for campaign-related activ-
ity or in response to a solicitation for 
funds to be used for campaign-related 
activity, but any of such reports in-
cludes information on any person who 
made an unrestricted donor payment 
to the organization (as required to be 
included in the report under section 
304(f)(6)(A)(ii)) in an amount equal 
to or exceeding $10,000, the person 
who is identified among all such re-
ports as making the largest such un-
restricted donor payment. 
‘‘(5) TOP 5 FUNDERS LIST DESCRIBED.—With 
respect to a communication paid for in whole or in 
part with a payment which is treated as a disburse-
ment by a covered organization for campaign-related 
activity under section 325, the Top 5 Funders list 
described in this paragraph is— 
‘‘(A) in the case of a disbursement for an 
independent expenditure consisting of a public
communication, a list of the 5 persons (or, in 
the case of a communication transmitted 
through radio, the 2 persons) who provided the 
largest payments of any type in an aggregate 
amount equal to or exceeding $10,000 which 
are required under section 304(g)(5)(A) to be 
included in the reports filed by any organization 
with respect to that independent expenditure 
under section 304 during the 12-month period 
which ends on the date of the disbursement, to-
gether with the amount of the payments each 
such person provided and the local jurisdiction 
and State in which each such person lives (in 
the case of a person who is an individual) or is 
located (in the case of any other person); or 
‘‘(B) in the case of a disbursement for an 
electioneering communication, a list of the 5 
persons (or, in the case of a communication 
transmitted through radio, the 2 persons) who 
provided the largest payments of any type in an 
aggregate amount equal to or exceeding 
$10,000 which are required under section 
304(f)(6)(A) to be included in the reports filed 
by any organization with respect to that elec-
tioneering communication under section 304
during the 12-month period which ends on the 
date of the disbursement, together with the 
amount of the payments each such person pro-
vided and the local jurisdiction and State in 
which each such person lives (in the case of a 
person who is an individual) or is located (in 
the case of any other person). 
‘‘(6) METHOD
OF
CONVEYANCE
OF
STATE-
MENT.— 
‘‘(A) 
COMMUNICATIONS
TRANSMITTED 
THROUGH RADIO.—In the case of a communica-
tion to which this subsection applies which is 
transmitted through radio, the disclosure state-
ments required under paragraph (1) shall be 
made by audio by the applicable individual in a 
clearly spoken manner. 
‘‘(B) 
COMMUNICATIONS
TRANSMITTED 
THROUGH TELEVISION.—In the case of a com-
munication to which this subsection applies 
which is transmitted through television, the in-
formation required under paragraph (1)— 
‘‘(i) shall 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, for a period of at least 
6 seconds; and 
‘‘(ii) except in the case of a Top 5 
Funders list described in paragraph (5), 
shall also be conveyed by an unobscured, 
full-screen view of the applicable indi-
vidual, or by the applicable individual mak-
ing the statement in voice-over accom-
panied by a clearly identifiable photograph 
or similar image of the individual. 
‘‘(7) APPLICATION TO CERTAIN PACS.— 
‘‘(A) APPLICATION.—This subsection shall 
apply with respect to an electioneering commu-
nication, and to an independent expenditure 
consisting of a public communication, which is 
paid for in whole or in part with a payment by 
a political committee described in subparagraph 
(B) in the same manner as this subsection ap-
plies with respect to an electioneering commu-
nication and an independent expenditure con-
sisting of a public communication which is paid 
for in whole or in part with a payment which 
is treated as a disbursement by a covered orga-
nization under section 325, except that—
‘‘(i) in applying paragraph (4)(C), the 
‘significant funder’ with respect to such an 
electioneering communication or such an 
independent expenditure shall be the per-
son who is identified as providing the larg-
est aggregate amount of contributions, do-
nations, or payments to the political com-
mittee during the 12-month period which 
ends on the date the committee made the 
disbursement for the electioneering com-
munication or independent expenditure (as 
determined on the basis of the information 
contained in all reports filed by the com-
mittee under section 304 during such pe-
riod); and 
‘‘(ii) in applying paragraph (5), the 
‘Top 5 Funders list’ shall be a list of the 
5 persons who are identified as providing 
the largest aggregate amounts of contribu-
tions, donations, or payments to the polit-
ical committee during such 12-month pe-
riod (as determined on the basis of the in-
formation contained in all such reports). 
‘‘(B) 
POLITICAL
COMMITTEE
DE-
SCRIBED.—A political committee described in
this subparagraph is a political committee 
which receives or accepts contributions or dona-
tions which do not comply with the contribution 
limits or source prohibitions of this Act. 
‘‘(8) APPLICABLE
INDIVIDUAL
DEFINED.—In 
this subsection, the term ‘applicable individual’ 
means, with respect to a communication to which 
this paragraph applies— 
‘‘(A) if the communication is paid for by 
an individual or if the significant funder of the 
communication under paragraph (4) is an indi-
vidual, the individual involved; 
‘‘(B) if the communication is paid for by a 
corporation or if the significant funder of the 
communication under paragraph (4) is a cor-
poration, the chief executive officer of the cor-
poration (or, if the corporation does not have a 
chief executive officer, the highest ranking offi-
cial of the corporation); 
‘‘(C) if the communication is paid for by a 
labor organization or if the significant funder of 
the communication under paragraph (4) is a 
labor organization, the highest ranking officer 
of the labor organization; or
‘‘(D) if the communication is paid for by 
any other person or if the significant funder of 
the communication under paragraph (4) is any 
other person, the highest ranking official of 
such person. 
‘‘(9) COVERED
ORGANIZATION
DEFINED.—In 
this subsection, the term ‘covered organization’ 
means any of the following: 
‘‘(A) Any corporation which is subject to 
section 316(a), other than a corporation which 
is an organization described in paragraph (3) of 
section 501(c) of the Internal Revenue Code of 
1986 and exempt from tax under section 501(a) 
of such Code. 
‘‘(B) Any labor organization (as defined in 
section 316). 
‘‘(C) Any organization described in para-
graph (4), (5), or (6) of section 501(c) of the 
Internal Revenue Code of 1986 and exempt 
from tax under section 501(a) of such Code, 
other than an exempt section 501(c)(4) organi-
zation (as defined in section 301(27)). 
‘‘(D) Any political organization under sec-
tion 527 of the Internal Revenue Code of 1986, 
other than a political committee under this Act.
‘‘(10) OTHER
DEFINITIONS.—In this sub-
section, the terms ‘campaign-related activity’ and 
‘unrestricted donor payment’ have the meaning 
given such terms in section 325.’’. 
(3) APPLICATION
TO
CERTAIN
MASS
MAIL-
INGS.—Section 318(a)(3) of such Act (2 U.S.C. 
441d(a)(3)) is amended to read as follows: 
‘‘(3) if not authorized by a candidate, an au-
thorized political committee of a candidate, or its 
agents, shall clearly state— 
‘‘(A) the name and permanent street ad-
dress, telephone number, or World Wide Web 
address of the person who paid for the commu-
nication; 
‘‘(B) if the communication is an inde-
pendent expenditure consisting of a mass mail-
ing (as defined in section 301(23)) which is 
paid for in whole or in part with a payment 
which is treated as a disbursement by a covered 
organization for campaign-related activity under 
section 325, or which is paid for in whole or in 
part by a political committee described in sub-
section (e)(7)(B), the name and permanent 
street address, telephone number, or World 
Wide Web address of—
100 
‘‘(i) the significant funder of the com-
munication, if any (as determined in ac-
cordance with subsection (e)(4)(C)(i) or 
(e)(7)(A)(i); and 
‘‘(ii) each person who would be in-
cluded in the Top 5 Funders list which 
would be submitted with respect to the 
communication if the communication were 
transmitted through television, if any (as 
determined in accordance with subsection 
(e)(5) or (e)(7)(A)(ii)); and 
‘‘(C) that the communication is not au-
thorized by any candidate or candidate’s com-
mittee.’’. 
(4) APPLICATION TO POLITICAL ROBOCALLS.— 
Section 318 of such Act (2 U.S.C. 441d), as amend-
ed by paragraph (2), is further amended by adding 
at the end the following new subsection: 
‘‘(f) SPECIAL RULES FOR POLITICAL ROBOCALLS.— 
‘‘(1) REQUIRING COMMUNICATIONS TO INCLUDE 
CERTAIN DISCLAIMER STATEMENTS.—Any commu-
nication consisting of a political robocall which 
would be subject to the requirements of subsection 
(e) if the communication were transmitted through 
radio or television shall include the following:
101 
‘‘(A) The individual disclosure statement 
described in subsection (e)(2) (if the person 
paying for the communication is an individual) 
or the organizational disclosure statement de-
scribed in subsection (e)(3) (if the person pay-
ing for the communication is not an individual). 
‘‘(B) If the communication is an election-
eering communication or an independent ex-
penditure consisting of a public communication 
and is paid for in whole or in part with a pay-
ment which is treated as a disbursement by a 
covered organization for campaign-related activ-
ity under section 325, or which is paid for in 
whole or in part by a political committee de-
scribed in subsection (e)(7)(B), the significant 
funder disclosure statement described in sub-
section (e)(4) or (e)(7) (if applicable). 
‘‘(2) TIMING
OF
CERTAIN
STATEMENT.—The 
statements required to be included under paragraph 
(1) shall be made at the beginning of the political 
robocall, unless, on the basis of criteria established 
in regulations promulgated by the Commission, the 
communication is of such short duration that includ-
ing the statement in the communication would con-
stitute a hardship to the person paying for the com-
102 
munication by requiring a disproportionate amount 
of the communication’s content to consist of the 
statement. 
‘‘(3) POLITICAL ROBOCALL DEFINED.—In this 
subsection, the term ‘political robocall’ means any 
outbound telephone call— 
‘‘(A) in which a person is not available to 
speak with the person answering the call, and 
the call instead plays a recorded message; and 
‘‘(B) which promotes, supports, attacks, or 
opposes a candidate for election for Federal of-
fice.’’. 
SEC. 215. INDEXING OF CERTAIN AMOUNTS. 
Title III of the Federal Election Campaign Act of 
1971, as amended by section 213, is amended by adding 
at the end the following new section: 
‘‘SEC. 327. INDEXING OF CERTAIN AMOUNTS. 
‘‘(a) INDEXING.—In any calendar year after 2010— 
‘‘(1) each of the amounts referred to in sub-
section (b) shall be increased by the percent dif-
ference determined under subparagraph (A) of sec-
tion 315(c)(1), except that for purposes of this para-
graph, such percent difference shall be determined 
as if the base year referred to in such subparagraph 
were 2009;
103 
‘‘(2) each amount so increased shall remain in 
effect for the calendar year; and 
‘‘(3) if any amount after adjustment under 
paragraph (1) is not a multiple of $100, such 
amount shall be rounded to the nearest multiple of 
$100. 
‘‘(b) AMOUNTS DESCRIBED.—The amounts referred 
to in this subsection are as follows: 
‘‘(1) The amount referred to in section 
304(g)(5)(A)(i)(I). 
‘‘(2) The amount referred to in section 
304(g)(5)(A)(ii)(I). 
‘‘(3) Each of the amounts referred to in section 
304(g)(5)(A)(ii)(II). 
‘‘(4) The amount referred to in section 
304(g)(5)(B)(ii)(I)(ee). 
‘‘(5) The amount referred to in section 
304(g)(5)(B)(iii)(I). 
‘‘(6) The amount referred to in section 
304(f)(6)(A)(i)(I). 
‘‘(7) The amount referred to in section 
304(f)(6)(A)(ii)(I). 
‘‘(8) Each of the amounts referred to in section 
304(f)(6)(A)(ii)(II).
104 
‘‘(9) The amount referred to in section 
304(f)(6)(B)(ii)(I)(ee). 
‘‘(10) The amount referred to in section 
304(f)(6)(B)(iii)(I). 
‘‘(11) The amount referred to in section 317(b). 
‘‘(12) Each of the amounts referred to in sec-
tion 318(e)(4)(C). 
‘‘(13) The amount referred to in section 
325(d)(2)(B)(i)(V). 
‘‘(14) The amount referred to in section 
325(d)(2)(C)(i).’’. 
Subtitle 
C—Reporting 
Require-
ments for Registered Lobbyists 
SEC. 221. REQUIRING REGISTERED LOBBYISTS TO REPORT 
INFORMATION ON INDEPENDENT EXPENDI-
TURES AND ELECTIONEERING COMMUNICA-
TIONS. 
(a) IN GENERAL.—Section 5(d)(1) of the Lobbying 
Disclosure Act of 1995 (2 U.S.C. 1604(d)(1)) is amend-
ed— 
(1) by striking ‘‘and’’ at the end of subpara-
graph (F); 
(2) by redesignating subparagraph (G) as sub-
paragraph (I); and
105 
(3) by inserting after subparagraph (F) the fol-
lowing new subparagraphs: 
‘‘(G) the amount of any independent ex-
penditure (as defined in section 301(17) of the 
Federal Election Campaign Act of 1971 (2 
U.S.C. 431(17)) equal to or greater than 
$1,000 made by such person or organization, 
and for each such expenditure the name of each 
candidate being supported or opposed and the 
amount spent supporting or opposing each such 
candidate; 
‘‘(H) the amount of any electioneering 
communication (as defined in section 304(f)(3) 
of such Act (2 U.S.C. 434(f)(3)) equal to or 
greater than $1,000 made by such person or or-
ganization, and for each such communication 
the name of the candidate referred to in the 
communication; and’’. 
(b) EFFECTIVE DATE.—The amendments made by 
this section shall apply with respect to reports for semi-
annual periods described in section 5(d)(1) of the Lob-
bying Disclosure Act of 1995 that begin after the date 
of the enactment of this Act.
106 
TITLE III—DISCLOSURE BY COV-
ERED ORGANIZATIONS OF IN-
FORMATION ON CAMPAIGN- 
RELATED ACTIVITY 
SEC. 301. REQUIRING DISCLOSURE BY COVERED ORGANI-
ZATIONS OF INFORMATION ON CAMPAIGN- 
RELATED ACTIVITY. 
Title III of the Federal Election Campaign Act of 
1971 (2 U.S.C. 431 et seq.), as amended by section 215, 
is amended by adding at the end the following new section: 
‘‘SEC. 328. DISCLOSURES BY COVERED ORGANIZATIONS TO 
SHAREHOLDERS, MEMBERS, AND DONORS OF 
INFORMATION 
ON 
DISBURSEMENTS 
FOR 
CAMPAIGN-RELATED ACTIVITY. 
‘‘(a) INCLUDING INFORMATION IN REGULAR PERI-
ODIC REPORTS.— 
‘‘(1) IN
GENERAL.—A covered organization 
which submits regular, periodic reports to its share-
holders, members, or donors on its finances or ac-
tivities shall include in each such report, in a clear 
and conspicuous manner, the information described 
in paragraph (2) with respect to the disbursements 
made by the organization for campaign-related activ-
ity during the period covered by the report.
107 
‘‘(2) INFORMATION DESCRIBED.—The informa-
tion described in this paragraph is, for each dis-
bursement for campaign-related activity— 
‘‘(A) the date of the independent expendi-
ture or electioneering communication involved; 
‘‘(B) the amount of the independent ex-
penditure or electioneering communication in-
volved; 
‘‘(C) the name of the candidate identified 
in the independent expenditure or electioneering 
communication involved and the office sought 
by the candidate; 
‘‘(D) in the case of a transfer of funds to 
another person, the information required by 
subparagraphs (A) through (C), as well as the 
name of the recipient of the funds and the date 
and amount of the funds transferred; 
‘‘(E) the source of such funds; and 
‘‘(F) such other information as the Com-
mission determines is appropriate to further the 
purposes of this subsection. 
‘‘(b) HYPERLINK
TO INFORMATION INCLUDED
IN 
REPORTS FILED WITH COMMISSION.— 
‘‘(1) REQUIRING POSTING OF HYPERLINK.—If a 
covered organization maintains an Internet site, the
108 
organization shall post on such Internet site a 
hyperlink from its homepage to the location on the 
Internet site of the Commission which contains the 
following information: 
‘‘(A) The information the organization is 
required to report under section 304(g)(5)(A) 
with respect to public independent expenditures. 
‘‘(B) The information the organization is 
required to include in a statement of disburse-
ments for electioneering communications under 
section 304(f)(6). 
‘‘(2) DEADLINE; DURATION OF POSTING.—The 
covered organization shall post the hyperlink de-
scribed in paragraph (1) not later than 24 hours 
after the Commission posts the information de-
scribed in such paragraph on the Internet site of the 
Commission, and shall ensure that the hyperlink re-
mains on the Internet site of the covered organiza-
tion until the expiration of the 1-year period which 
begins on the date of the election with respect to 
which the public independent expenditures or elec-
tioneering communications are made. 
‘‘(c) COVERED ORGANIZATION DEFINED.—In this 
section, the term ‘covered organization’ means any of the 
following:
110 
and an appeal from a decision of the District Court 
may be taken to the Court of Appeals for the Dis-
trict of Columbia Circuit. 
(2) A copy of the complaint shall be delivered 
promptly to the Clerk of the House of Representa-
tives and the Secretary of the Senate. 
(b) INTERVENTION BY MEMBERS OF CONGRESS.—In 
any action in which the constitutionality of any provision 
of this Act or any amendment made by this Act is raised, 
any member of the House of Representatives (including 
a Delegate or Resident Commissioner to the Congress) or 
Senate who satisfies the requirements for standing under 
article III of the Constitution shall have the right to inter-
vene either in support of or opposition to the position of 
a party to the case regarding the constitutionality of the 
provision or amendment. To avoid duplication of efforts 
and reduce the burdens placed on the parties to the action, 
the court in any such action may make such orders as 
it considers necessary, including orders to require interve-
nors taking similar positions to file joint papers or to be 
represented by a single attorney at oral argument. 
(c) CHALLENGE BY MEMBERS OF CONGRESS.—Any 
Member of the House of Representatives (including a Del-
egate or Resident Commissioner to the Congress) or Sen-
ate may bring an action, subject to the special rules de-
111 
scribed in subsection (a), for declaratory or injunctive re-
lief to challenge the constitutionality of any provision of 
this Act or any amendment made by this Act. 
SEC. 402. NO EFFECT ON PROTECTIONS AGAINST THREATS, 
HARASSMENTS, AND REPRISALS. 
Nothing in this Act or in any amendment made by 
this Act shall be construed to affect any provision of law 
or any rule or regulation which waives a requirement to 
disclose information relating to any person in any case in 
which there is a reasonable probability that the disclosure 
of the information would subject the person to threats, 
harassments, or reprisals. 
SEC. 403. SEVERABILITY. 
If any provision of this Act or amendment made by 
this Act, or the application of a provision or amendment 
to any person or circumstance, is held to be unconstitu-
tional, the remainder of this Act and amendments made 
by this Act, and the application of the provisions and 
amendment to any person or circumstance, shall not be 
affected by the holding. 
SEC. 404. EFFECTIVE DATE. 
Except as otherwise provided, this Act and the 
amendments made by this Act shall take effect upon the 
expiration of the 30-day period which begins on the date 
of the enactment of this Act, and shall take effect without
112 
regard to whether or not the Federal Election Commission 
has promulgated regulations to carry out such amend-
ments. 
Passed the House of Representatives June 24, 2010. 
Attest: 
Clerk.
111TH CONGRESS 
2D SESSION 
H. R. 5175 
AN ACT 
To amend the Federal Election Campaign Act of 
1971 to prohibit foreign influence in Federal 
elections, to prohibit government contractors 
from making expenditures with respect to such 
elections, and to establish additional disclosure 
requirements with respect to spending in such 
elections, and for other purposes.