TITLE I—PROMOTING DISCLOSURE OF INFORMATION
Sec. 101. Additional monthly and quarterly disclosure reports.
Sec. 102. Internet availability of all reports.
Sec. 103. Disclosure of transfers of funds by national political parties.
Sec. 104. Disclosure of electioneering communications.
TITLE II—RESTRICTIONS ON SOFT MONEY
Sec. 201. Restrictions on soft money of national political parties.
Sec. 202. Prohibition fundraising of any campaign funds on Federal property.
Sec. 203. Limit on amount of funds provided by corporations and labor organi-
zations to certain organizations.
TITLE III—TREATMENT OF CONTRIBUTIONS
Sec. 301. Indexing of contribution limits.
Sec. 302. Limitation on amount of personal funds of candidate which may be
reimbursed by campaign committees.
TITLE IV—PROMOTING ENFORCEMENT
Sec. 401. Indexing of penalty amounts.
TITLE V—MISCELLANEOUS
Sec. 501. Expedited judicial review.
Sec. 502. Nonseverability of provisions.
Sec. 503. Effective date.
TITLE I—PROMOTING
DISCLOSURE OF INFORMATION
SEC. 101. ADDITIONAL MONTHLY AND QUARTERLY DISCLO-
SURE REPORTS.
(a) PRINCIPAL CAMPAIGN COMMITTEES.—
(1) MONTHLY REPORTS.—Section 304(a)(2)(A)
of the Federal Election Campaign Act of 1971 (2
U.S.C. 434(a)(2)(A)) is amended by striking clause
(iii) and inserting the following:
‘‘(iii) additional monthly reports, which
shall be filed not later than the 20th day after
the last day of the month and shall be complete
as of the last day of the month, except that
monthly reports shall not be required under this
clause in November and December and a year
end report shall be filed not later than January
31 of the following calendar year.’’.
(2) 
QUARTERLY
REPORTS.—Section
304(a)(2)(B) of such Act is amended by striking
‘‘the following reports’’ and all that follows through
the period and inserting ‘‘the treasurer shall file
quarterly reports, which shall be filed not later than
the 15th day after the last day of each calendar
quarter, and which shall be complete as of the last
day of each calendar quarter, except that the report
for the quarter ending December 31 shall be filed
not later than January 31 of the following calendar
year.’’.
(b) 
NATIONAL
COMMITTEE
OF
A
POLITICAL
PARTY.—Section 304(a)(4) of such Act (2 U.S.C.
434(a)(4)) is amended by adding at the end the following
flush sentence: ‘‘Notwithstanding the preceding sentence,
a national committee of a political party shall file the re-
ports required under subparagraph (B).’’.
(c) CONFORMING AMENDMENTS.—
(1) SECTION 304.—Section 304(a) of such Act
(2 U.S.C. 434(a)) is amended—
(A) in paragraph (3)(A)(ii), by striking
‘‘quarterly reports’’ and inserting ‘‘monthly re-
ports’’; and
(B) in paragraph (8), by striking ‘‘quar-
terly report under paragraph (2)(A)(iii) or
paragraph (4)(A)(i)’’ and inserting ‘‘monthly
report under paragraph (2)(A)(iii) or paragraph
(4)(A)’’.
(2) SECTION 309.—Section 309(b) of such Act
(2 U.S.C. 437g(b)) is amended by striking ‘‘calendar
quarter’’ and inserting ‘‘month’’.
SEC. 102. INTERNET AVAILABILITY OF ALL REPORTS.
(a) IN GENERAL.—Section 304 of the Federal Elec-
tion Campaign Act of 1971 (2 U.S.C. 434), as amended
by section 502(a) of the Department of Transportation
and Related Agencies Act, 2001 (as enacted into law by
reference under section 101(a) of Public Law 106–346),
is amended by adding at the end the following new sub-
section:
‘‘(e) INTERNET
AVAILABILITY.—The Commission
shall make the information contained in the designations,
statements, and reports filed with the Commission under
this Act available on the Internet and publicly available
at the offices of the Commission as soon as practicable
(but in no case later than 24 hours) after the information
is received by the Commission.’’.
(b) REQUIRING SENATE REPORTS TO BE FILED
WITH THE COMMISSION.—
(1) SECTION 302 AMENDMENT.—Section 302 of
such Act (2 U.S.C. 432) is amended by striking sub-
section (g) and inserting the following:
‘‘(g) PLACE
OF FILING.—All designations, state-
ments, and reports required to be filed under this Act shall
be filed with the Commission.’’.
(2) CONFORMING AMENDMENTS.—Title III of
the Federal Election Campaign Act of 1971 is
amended—
(A) in section 304 (2 U.S.C. 434)—
(i) in subsection (a)(6)(A), by striking
‘‘Secretary or the Commission’’ through
‘‘as appropriate’’ and inserting ‘‘Commis-
sion and Secretary of State’’,
(ii) in the third sentence of subsection
(c)(2), by striking ‘‘the Secretary or’’, and
(iii) in the fourth sentence of sub-
section (c)(2), by striking ‘‘the Secretary,
the Commission,’’ and inserting ‘‘the Com-
mission’’; and
(B) 
in 
section 
311(a)(4) 
(2 
U.S.C.
438(a)(4)), by striking ‘‘Secretary or the’’.
(c) CONFORMING AMENDMENT.—Section 304(a)(11)
of such Act (2 U.S.C. 434(a)(11)) is amended by striking
subparagraph (B).
SEC. 103. DISCLOSURE OF TRANSFERS OF FUNDS BY NA-
TIONAL POLITICAL PARTIES.
Section 304(b)(4) of the Federal Election Campaign
Act of 1971 (2 U.S.C. 434(b)(4)) is amended—
(1) by striking ‘‘and’’ at the end of subpara-
graph (H);
(2) by adding ‘‘and’’ at the end of subpara-
graph (I); and
(3) by adding at the end the following new sub-
paragraph:
‘‘(J) in the case of a political committee of
a national political party, all funds transferred
to any political committee of a State or local
political party, without regard to whether or not
the funds are otherwise treated as contributions
or expenditures under this title;’’.
SEC. 104. DISCLOSURE OF ELECTIONEERING COMMUNICA-
TIONS.
Section 304 of the Federal Election Campaign Act
of 1971 (2 U.S.C. 434), as amended by section 102(a),
is amended by adding at the end the following new sub-
section:
‘‘(f) ADDITIONAL STATEMENTS ON ELECTIONEERING
COMMUNICATIONS.—
‘‘(1) STATEMENT
REQUIRED.—Every person
who makes a disbursement for electioneering com-
munications in an aggregate amount in excess of
$10,000 during any calendar year shall, within 24
hours of each disclosure date, file with the Commis-
sion a statement containing the information de-
scribed in paragraph (2).
‘‘(2) CONTENTS OF STATEMENT.—Each state-
ment required to be filed under this subsection shall
be made under penalty of perjury and shall contain
the following information:
‘‘(A) The identification of the person mak-
ing the disbursement, of any entity sharing or
exercising direction or control over the activities
of such person, and of the custodian of the
books and accounts of the person making the
disbursement.
‘‘(B) The principal place of business of the
person making the disbursement, if not an indi-
vidual.
‘‘(C) The amount of each disbursement of
more than $200 during the period covered by
the statement and the identification of the per-
son to whom the disbursement was made.
‘‘(D) The elections to which the election-
eering communications pertain and the names
(if known) of the candidates identified or to be
identified.
‘‘(E) If the disbursements were paid out of
a segregated bank account which consists of
funds contributed solely by individuals directly
to this account for electioneering communica-
tions, the names and addresses of all contribu-
tors who contributed an aggregate amount of
$1,000 or more to that account during the pe-
riod beginning on the first day of the preceding
calendar year and ending on the disclosure
date. Nothing in this subparagraph is to be
construed as a prohibition on the use of funds
in such a segregated account for a purpose
other than electioneering communications.
‘‘(F) If the disbursements were paid out of
funds not described in subparagraph (E), the
names and addresses of all contributors who
contributed an aggregate amount of $1,000 or
more to the organization during the period be-
ginning on the first day of the preceding cal-
endar year and ending on the disclosure date.
‘‘(3) ELECTIONEERING COMMUNICATION.—
‘‘(A) IN
GENERAL.—The term ‘election-
eering communication’ means any broadcast,
cable, or satellite communication which—
‘‘(i) refers to a clearly identified can-
didate for Federal office; and
‘‘(ii) is made to an audience that in-
cludes members of the electorate for the
election for such office.
‘‘(B) EXCEPTIONS.—The term ‘election-
eering communication’ does not include—
‘‘(i) a communication appearing in a
news story, commentary, or editorial dis-
tributed through the facilities of any
broadcasting station, unless such facilities
are owned or controlled by any political
party, political committee, or candidate; or
‘‘(ii) a communication which con-
stitutes an expenditure or an independent
expenditure under this Act.
‘‘(4) DISCLOSURE DATE.—For purposes of this
subsection, the term ‘disclosure date’ means—
‘‘(A) the first date during any calendar
year by which a person has made disbursements
for electioneering communications aggregating
in excess of $10,000; and
‘‘(B) any other date during such calendar
year by which a person has made disbursements
for electioneering communications aggregating
in excess of $10,000 since the most recent dis-
closure date for such calendar year.
‘‘(5) CONTRACTS TO DISBURSE.—For purposes
of this subsection, a person shall be treated as hav-
ing made a disbursement if the person has executed
a contract to make the disbursement.
‘‘(6) COORDINATION
WITH
OTHER
REQUIRE-
MENTS.—Any requirement to report under this sub-
section shall be in addition to any other reporting
requirement under this Act.’’.
TITLE II—RESTRICTIONS ON
SOFT MONEY
SEC. 201. RESTRICTIONS ON SOFT MONEY OF NATIONAL
POLITICAL PARTIES.
Title III of the Federal Election Campaign Act of
1971 (2 U.S.C. 431 et seq.) is amended by adding at the
end the following new section:
‘‘LIMIT ON SOFT MONEY OF NATIONAL POLITICAL PARTY
COMMITTEES
‘‘SEC. 323. (a) PROHIBITING USE OF SOFT MONEY
FOR FEDERAL ELECTION ACTIVITY.—A national com-
mittee of a political party (including a national congres-
sional campaign committee of a political party) may not
solicit, receive, or direct to another person a contribution,
donation, or transfer of funds or any other thing of value
for Federal election activity, or spend any funds for Fed-
eral election activity, that are not subject to the limita-
tions, prohibitions, and reporting requirements of this Act.
‘‘(b) LIMIT ON AMOUNT OF NONFEDERAL FUNDS
PROVIDED TO PARTY BY ANY PERSON FOR ANY PUR-
POSE.—No person shall make contributions, donations, or
transfers of funds which are not subject to the limitations
and prohibitions of this Act to a political committee estab-
lished and maintained by a national political party in any
calendar year in an aggregate amount equal to or greater
than $75,000.
‘‘(c) APPLICABILITY.— This subsection shall apply to
any political committee established and maintained by a
national political party, any officer or agent of such a com-
mittee acting on behalf of the committee, and any entity
that is directly or indirectly established, maintained, or
controlled by such a national committee.
‘‘(d) DEFINITIONS.—
‘‘(1) FEDERAL ELECTION ACTIVITY.—
‘‘(A) IN
GENERAL.—The term ‘Federal
election activity’ means—
‘‘(i) voter registration activity during
the period that begins on the date that is
120 days before the date a regularly sched-
uled Federal election is held and ends on
the date of the election, unless the activity
constitutes generic campaign activity;
‘‘(ii) voter identification or get-out-
the-vote activity conducted in connection
with an election in which a candidate for
Federal office appears on the ballot (re-
gardless of whether a candidate for State
or local office also appears on the ballot),
unless the activity constitutes generic cam-
paign activity;
‘‘(iii) any public communication that
refers to or depicts a clearly identified can-
didate for Federal office (regardless of
whether a candidate for State or local of-
fice is also mentioned or identified) and
that promotes or supports a candidate for
that office, or attacks or opposes a can-
didate for that office (regardless of wheth-
er the communication expressly advocates
a vote for or against a candidate); or
‘‘(iv) any public communication made
by means of any broadcast, cable, or sat-
ellite communication.
‘‘(B) EXCEPTION FOR CERTAIN ADMINIS-
TRATIVE ACTIVITIES.—The term ‘Federal elec-
tion activity’ does not include any activity relat-
ing to establishment, administration, or solicita-
tion costs of a political committee established
and maintained by a national political party, so
long as the funds used to carry out the activity
are derived from funds or payments made to
the committee which are segregated and used
exclusively to defray the costs of such activities.
‘‘(2) GENERIC CAMPAIGN ACTIVITY.—The term
‘generic campaign activity’ means any activity that
does not mention, depict, or otherwise promote a
clearly identified Federal candidate.
‘‘(3) 
PUBLIC
COMMUNICATION.—The 
term
‘public communication’ means a communication by
means of any broadcast, cable, or satellite commu-
nication, newspaper, magazine, outdoor advertising
facility, or direct mail.
‘‘(4) DIRECT
MAIL.—The term ‘direct mail’
means a mailing by a commercial vendor or any
mailing made from a commercial list.’’.
SEC. 202. PROHIBITION FUNDRAISING OF ANY CAMPAIGN
FUNDS ON FEDERAL PROPERTY.
Section 607 of title 18, United States Code, is
amended—
(1) by striking subsection (a) and inserting the
following:
‘‘(a) PROHIBITION.—
‘‘(1) IN GENERAL.—It shall be unlawful for any
person to solicit or receive a donation of money or
other thing of value in connection with a Federal,
State, or local election from a person who is located
in a room or building occupied in the discharge of
official duties by an officer or employee of the
United States. It shall be unlawful for an individual
who is an officer or employee of the Federal Govern-
ment, including the President, Vice President, and
Members of Congress, to solicit or receive a donation
of money or other thing of value in connection with
a Federal, State, or local election, while in any room
or building occupied in the discharge of official du-
ties by an officer or employee of the United States,
from any person.
‘‘(2) PENALTY.—A person who violates this sec-
tion shall be fined not more than $5,000, imprisoned
more than 3 years, or both.’’; and
(2) in subsection (b), by inserting ‘‘or Executive
Office of the President’’ after ‘‘Congress’’ .
SEC. 203. LIMIT ON AMOUNT OF FUNDS PROVIDED BY COR-
PORATIONS AND LABOR ORGANIZATIONS TO
CERTAIN ORGANIZATIONS.
Section 316 of the Federal Election Campaign Act
of 1971 (2 U.S.C. 441b) is amended by adding at the end
the following new subsection:
‘‘(c) It shall be unlawful for any corporation or labor
organization described in this section to provide funds in
an aggregate amount which exceeds $20,000 during any
calendar year to—
‘‘(1) any organization that is described in sec-
tion 501(c)(4) of the Internal Revenue Code of 1986
and exempt from taxation under section 501(a) of
such Code and that makes expenditures or disburse-
ments in connection with an election for Federal of-
fice; or
‘‘(2) any organization described in section 527
of such Code (other than a political committee, a
State, district, or local committee of a political
party, or the authorized campaign committee of a
candidate for State or local office).’’.
TITLE III—TREATMENT OF
CONTRIBUTIONS
SEC. 301. INDEXING OF CONTRIBUTION LIMITS.
Section 315(c) of the Federal Election Campaign Act
of 1971 (2 U.S.C. 441a(c)) is amended—
(1) in paragraph (1)—
(A) by striking the second and third sen-
tences;
(B) by inserting ‘‘(A)’’ before ‘‘At the be-
ginning’’; and
(C) by adding at the end the following:
‘‘(B) Except as provided in subparagraph (C), in any
calendar year after 2002—
‘‘(i) a limitation established by subsection (a),
(b), (d), or (h) shall be increased by the percent dif-
ference determined under subparagraph (A); and
‘‘(ii) each amount so increased shall remain in
effect for the calendar year.
‘‘(C) In the case of limitations under subsection (a),
each amount increased under subparagraph (B) shall re-
main in effect for the 2-year period beginning on the first
day following the date of the last general election in the
year preceding the year in which the amount is increased
and ending on the date of the next general election.’’; and
(2) in paragraph (2)(B), by striking ‘‘means the
calendar year 1974’’ and inserting ‘‘means—
‘‘(i) for purposes of subsections (b) and
(d), calendar year 1974; and
‘‘(ii) for purposes of subsections (a) and
(h), calendar year 2001’’.
SEC. 302. LIMITATION ON AMOUNT OF PERSONAL FUNDS
OF CANDIDATE WHICH MAY BE REIMBURSED
BY CAMPAIGN COMMITTEES.
(a) IN GENERAL.—Title III of the Federal Election
Campaign Act of 1971 (2 U.S.C. 431 et seq.), as amended
by section 201, is further amended by adding at the end
the following new section:
‘‘LIMITATION ON AMOUNT OF CANDIDATE’S PERSONAL
FUNDS REIMBURSED BY COMMITTEES OF CANDIDATE
‘‘SEC. 324. (a) IN
GENERAL.—The aggregate
amount of contributions consisting of personal funds of
a candidate which may be reimbursed by authorized com-
mittees of the candidate with respect to an election cycle
may not exceed—
‘‘(1) $100,000, in the case of a candidate for
Representative in, or Delegate or Resident Commis-
sioner to, the House of Representatives; or
‘‘(2) $250,000, in the case of a candidate for
Senator.
‘‘(b) INDEXING.—In the case of any calendar year
after 2001—
‘‘(1) each amount specified under subsection (a)
shall be increased based on the increase in the price
index determined under section 315(c), except that
the base period shall be calendar year 2001;
‘‘(2) each amount so increased shall be the
amount in effect for the calendar year; and
‘‘(3) the amount applicable under this section
with respect to an election cycle shall be the amount
in effect for the final calendar year occurring within
the cycle.
‘‘(c) PERSONAL
FUNDS
OF
A
CANDIDATE
DE-
FINED.—In this section, ‘personal funds of a candidate’
includes any funds derived from personal funds of the can-
didate or any member of the candidate’s immediate family
(including personal loans by the candidate or any member
of the candidate’s immediate family).’’.
TITLE IV—PROMOTING
ENFORCEMENT
SEC. 401. INDEXING OF PENALTY AMOUNTS.
Section 309 of the Federal Election Campaign Act
of 1971 (2 U.S.C. 437g) is amended by adding at the end
the following new subsection:
‘‘(e) ADJUSTMENT OF DOLLAR AMOUNTS FOR IN-
FLATION.—In the case of any calendar year after 2001—
‘‘(1) each amount specified under subsection (a)
or the second sentence of subsection (d)(1)(A) shall
be increased based on the increase in the price index
determined under section 315(c), except that the
base period shall be calendar year 2001; and
‘‘(2) each amount so increased shall be the
amount in effect for the calendar year.’’.
TITLE V—MISCELLANEOUS
SEC. 501. EXPEDITED JUDICIAL REVIEW.
If any person who is aggrieved by any of the provi-
sions of this Act or any amendment made by this Act (or
who would be aggrieved by any such provision or amend-
ment when the provision or amendment becomes effective)
brings an action which names the United States as the
defendant for declaratory or injunctive relief to challenge
the constitutionality of the provision or amendment within
the 90-day period which begins on the date of the enact-
ment of this Act, the following rules shall apply:
(1) The action shall be filed in the United
States District Court for the District of Columbia
and shall be heard by a 3-judge court convened pur-
suant to section 2284 of title 28, United States
Code.
(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.
(3) A final decision in the action shall be re-
viewable only by appeal directly to the United States
Supreme Court. Such appeal shall be taken by the
filing of a notice of appeal within 10 days, and the
filing of a jurisdictional statement within 30 days, of
the entry of the final decision.
(4) It shall be the duty of the United States
District Court for the District of Columbia and the
Supreme Court of the United States to advance on
the docket and to expedite to the greatest possible
extent the disposition of the action and appeal.
SEC. 502. NONSEVERABILITY OF PROVISIONS.
If any provision of this Act or any amendment made
by this Act, or the application thereof to any person or
circumstance, is held invalid, the remaining provisions of
this Act or any amendment made by this Act shall be
treated as invalid.
SEC. 503. EFFECTIVE DATE.
The amendments made by this Act shall take effect
January 1, 2003.
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