apply with respect to general elections for Federal office
held on or after January 1, 1998.
TITLE VI—REVISION AND INDEX-
ING OF CERTAIN CONTRIBU-
TION LIMITS AND PENALTIES
SEC. 601. INCREASE IN CERTAIN CONTRIBUTION LIMITS.
(a) CONTRIBUTIONS BY INDIVIDUALS.—
(1) CONTRIBUTIONS TO CANDIDATES.—Section
315(a)(1)(A) of the Federal Election Campaign Act
of 1971 (2 U.S.C. 441a(a)(1)(A)) is amended by
striking ‘‘$1,000’’ and inserting ‘‘$2,000’’.
(2) CONTRIBUTIONS TO STATE OR LOCAL PO-
LITICAL PARTIES.—Section 315(a)(1) of such Act (2
U.S.C. 441a(a)(1)) is amended—
(A) by striking ‘‘or’’ at the end of subpara-
graph (B);
(B) by redesignating subparagraph (C) as
subparagraph (D); and
(C) by inserting after subparagraph (B)
the following new subparagraph:
‘‘(C) to the political committees established and
maintained by a State or local political party, which
are not the authorized political committees of any
candidate, in any calendar year which, in the aggre-
gate, exceed $15,000; or’’.
(3) CONTRIBUTIONS TO NATIONAL POLITICAL
PARTIES.—Section 315(a)(1)(B) of such Act (2
U.S.C. 441a(a)(1)(B)) is amended by striking
‘‘$20,000’’ and inserting ‘‘$60,000’’.
(4) AGGREGATE ANNUAL LIMIT ON ALL CON-
TRIBUTIONS.—Section 315(a)(3) of such Act (2
U.S.C. 
441a(a)(3)) 
is 
amended 
by 
striking
‘‘$25,000’’ and inserting ‘‘$75,000’’.
(b) CONTRIBUTIONS BY POLITICAL PARTIES.—Sec-
tion 315(a)(1) of such Act (2 U.S.C. 441a(a)(1)), as
amended by subsection (a)(2), is amended—
(1) by striking ‘‘or’’ at the end of subparagraph
(C);
(2) by redesignating subparagraph (D) as sub-
paragraph (E); and
(3) by inserting after subparagraph (C) the fol-
lowing new subparagraph:
‘‘(D) in the case of contributions made to a
candidate and any authorized committee of the can-
didate by a political committee of a national, State,
or local political party which is not the authorized
political committee of any candidate, in any calendar
year which, in the aggregate, exceed $15,000; or’’.
SEC. 602. INDEXING LIMITS ON CERTAIN CONTRIBUTIONS.
(a) IN GENERAL.—Section 315(c) of the Federal
Election Campaign Act of 1971 (2 U.S.C. 441a(c)) is
amended by adding at the end the following new para-
graph:
‘‘(3)(A) The amount of each limitation established
under subsection (a) (other than any limitation under
paragraph (1)(E) or (2)) shall be adjusted as follows:
‘‘(i) For calendar year 2001, each such amount
shall be equal to the amount described in such sub-
section, increased (in a compounded manner) by the
percentage increase in the price index (as defined in
paragraph (2)) for 1999 and 2000.
‘‘(ii) For calendar year 2003 and each second
subsequent year, each such amount shall be equal to
the amount for the second previous year (as ad-
justed under this subparagraph), increased (in a
compounded manner) by the percentage increase in
the price index for the previous year and the second
previous year.
‘‘(B) In the case of any amount adjusted under this
subparagraph which is not a multiple of $100, the amount
shall be rounded to the nearest multiple of $100.’’.
(b) APPLICATION
OF INDEXING
TO SUPPORT
OF
CANDIDATE’S
COMMITTEES.—Section 302(e)(3)(B) of
such Act (2 U.S.C. 432(e)(3)(B)) is amended by adding
at the end the following new sentence: ‘‘The amount de-
scribed in the previous sentence shall be adjusted (for
years beginning with 1999) in the same manner as the
amounts of limitations on contributions under section
315(a) are adjusted under section 315(c)(3).’’.
SEC. 603. INDEXING AMOUNT OF PENALTIES AND FINES.
(a) INDEXING TO ACCOUNT FOR PAST INFLATION.—
(1) PENALTIES.—Section 309(a) of the Federal
Election Campaign Act of 1971 (2 U.S.C. 437g(a))
is amended—
(A) in paragraph (5)(A), by striking
‘‘$5,000’’ and inserting ‘‘$15,000’’;
(B) in paragraph (5)(B), by striking
‘‘$10,000’’ and inserting ‘‘$30,000’’;
(C) in paragraph (6)(A), by striking
‘‘$5,000’’ and inserting ‘‘$15,000’’;
(D) in paragraph (6)(B), by striking
‘‘$5,000’’ and inserting ‘‘$15,000’’; and
(E) in paragraph (6)(C), by striking
‘‘$10,000’’ and inserting ‘‘$30,000’’.
(2) FINES.—Section 309 of such Act (2 U.S.C.
437g) is amended—
(A) in subsection (a)(12)(B)—
(i) by striking ‘‘$2,000’’ and inserting
‘‘$6,000’’, and
(ii) by striking ‘‘$5,000’’ and insert-
ing ‘‘$15,000’’; and
(B) in the second sentence of subsection
(d)(1)(A), by striking ‘‘$25,000’’ and inserting
‘‘$75,000’’.
(b) INDEXING FOR FUTURE YEARS.—Section 309 of
such Act (2 U.S.C. 437g) is amended—
(1) in subsection (a), by adding at the end the
following new paragraph:
‘‘(13) Each amount referred to in this subsection
shall be adjusted (for years beginning with 2001) in the
same manner as the amounts of limitations on contribu-
tions under section 315(a) are adjusted under section
315(c)(3).’’; and
(2) in the second sentence of subsection
(d)(1)(A), as amended by subsection (a)(2)(B), by
inserting after ‘‘$75,000’’ the following: ‘‘(adjusted
for years beginning with 2001 in the same manner
as the amounts of limitations on contributions under
section 
315(a) 
are 
adjusted 
under 
section
315(c)(3))’’.
TITLE VII—RESTRICTIONS ON
SOFT MONEY
SEC. 701. BAN ON SOFT MONEY OF NATIONAL POLITICAL
PARTIES AND CANDIDATES; BAN ON USE OF
SOFT MONEY BY STATE POLITICAL PARTIES
FOR FEDERAL ELECTION ACTIVITY.
Title III of the Federal Election Campaign Act of
1971 (2 U.S.C. 431 et seq.), as amended by section 306,
is amended by adding at the end the following new section:
‘‘RESTRICTIONS ON USE OF SOFT MONEY BY POLITICAL
PARTIES AND CANDIDATES
‘‘SEC. 324. (a) BAN ON USE BY NATIONAL PAR-
TIES.—
‘‘(1) IN GENERAL.—No political committee of a
national political party may solicit, receive, or direct
any contributions, donations, or transfers of funds,
or spend any funds, which are not subject to the
limitations, prohibitions, and reporting requirements
of this Act.
‘‘(2) APPLICABILITY.—Paragraph (1) shall
apply to any entity which is established, financed,
maintained, or controlled (directly or indirectly) by,
or which acts on behalf of, a political committee of
a national political party, including any national
congressional campaign committee of such a party
and any officer or agent of such an entity or com-
mittee.
‘‘(b) CANDIDATES.—
‘‘(1) IN GENERAL.—No candidate for Federal
office, individual holding Federal office, or any agent
of such a candidate or officeholder may solicit, re-
ceive, or direct—
‘‘(A) any funds in connection with any
Federal election unless the funds are subject to
the limitations, prohibitions and reporting re-
quirements of this Act;
‘‘(B) any funds that are to be expended in
connection with any election for other than a
Federal office unless the funds are not in excess
of the applicable amounts permitted with re-
spect to contributions to candidates and politi-
cal committees under paragraphs (1) and (2) of
section 315(a), and are not from sources pro-
hibited from making contributions by this Act
with respect to elections for Federal office; or
‘‘(C) any funds on behalf of any person
which are not subject to the limitations, prohi-
bitions, and reporting requirements of this Act
if such funds are for the purpose of financing
any activity on behalf of a candidate for elec-
tion for Federal office or any communication
which refers to a clearly identified candidate for
election for Federal office.
‘‘(2) EXCEPTION FOR CERTAIN ACTIVITIES.—
Paragraph (1) shall not apply to—
‘‘(A) the solicitation, receipt, or direction
of funds by an individual who is a candidate for
a non-Federal office if such activity is per-
mitted under State law for such individual’s
non-Federal campaign committee; or
‘‘(B) the attendance by an individual who
holds Federal office at a fundraising event for
a State or local committee of a political party
of the State which the individual represents as
a Federal officeholder, if the event is held in
such State.
‘‘(c) STATE PARTIES.—
‘‘(1) IN GENERAL.—Any payment by a State
committee of a political party for a mixed political
activity—
‘‘(A) shall be subject to limitation and re-
porting under this Act as if such payment were
an expenditure; and
‘‘(B) may be paid only from an account
that is subject to the requirements of this Act.
‘‘(2) MIXED POLITICAL ACTIVITY DEFINED.—
As used in this section, the term ‘mixed political ac-
tivity’ means, with respect to a payment by a State
committee of a political party, an activity (such as
a voter registration program, a get-out-the-vote
drive, or general political advertising) that is both
for the purpose of influencing an election for Fed-
eral office and for any purpose unrelated to influenc-
ing an election for Federal office.
‘‘(d) PROHIBITING TRANSFERS
OF NON-FEDERAL
FUNDS BETWEEN STATE PARTIES.—A State committee
of a political party may not transfer any funds to a State
committee of a political party of another State unless the
funds are subject to the limitations, prohibitions, and re-
porting requirements of this Act.
‘‘(e) 
APPLICABILITY
TO
FUNDS
FROM
ALL
SOURCES.—This section shall apply with respect to funds
of any individual, corporation, labor organization, or other
person.’’.
SEC. 702. BAN ON DISBURSEMENTS OF SOFT MONEY BY
FOREIGN NATIONALS.
(a) PROHIBITION ON DISBURSEMENTS BY FOREIGN
NATIONALS FOR POLITICAL PARTIES AND INDEPENDENT
EXPENDITURES.—Section 319 of the Federal Election
Campaign Act of 1971 (2 U.S.C. 441e) is amended—
(1) in the heading, by striking ‘‘CONTRIBU-
TIONS’’ and inserting ‘‘DISBURSEMENTS’’;
(2) in subsection (a), by striking ‘‘contribution’’
each place it appears and inserting ‘‘disbursement’’;
and
(3) in subsection (a), by striking the semicolon
and inserting the following: ‘‘, including any dis-
bursement to a political committee of a political
party and any disbursement for an independent ex-
penditure;’’.
(b) EFFECTIVE DATE.—The amendments made by
this section shall apply with respect to disbursements
made on or after the date of the enactment of this Act.
SEC. 703. ENFORCEMENT OF SPENDING LIMIT ON PRESI-
DENTIAL 
AND 
VICE 
PRESIDENTIAL 
CAN-
DIDATES WHO RECEIVE PUBLIC FINANCING.
(a) IN GENERAL.—Section 9003 of the Internal Rev-
enue Code of 1986 (26 U.S.C. 9003) is amended by add-
ing at the end the following new subsection:
‘‘(f) ILLEGAL SOLICITATION OF SOFT MONEY.—No
candidate for election to the office of President or Vice
President may receive amounts from the Presidential
Election Campaign Fund under this chapter or chapter
96 unless the candidate certifies that the candidate shall
not solicit any funds for purposes of influencing (directly
or indirectly) such election, including any funds used for
an independent expenditure under the Federal Election
Campaign Act of 1971, unless the funds are subject to
the limitations, prohibitions, and reporting requirements
of the Federal Election Campaign Act of 1971.’’.
(b) EFFECTIVE DATE.—The amendment made by
this section shall apply with respect to elections occurring
on or after the date of the enactment of this Act.
SEC. 704. CONSPIRACY TO VIOLATE PRESIDENTIAL CAM-
PAIGN SPENDING LIMITS.
(a) IN GENERAL.—Section 9003 of the Internal Rev-
enue Code of 1986 (26 U.S.C. 9003), as amended by sec-
tion 703, is further amended by adding at the end the
following new subsection:
‘‘(g) PROHIBITING CONSPIRACY TO VIOLATE LIM-
ITS.—
‘‘(1) VIOLATION OF LIMITS DESCRIBED.—If a
candidate for election to the office of President or
Vice President who receives amounts from the Presi-
dential Election Campaign Fund under chapter 95
or 96 of the Internal Revenue Code of 1986, or the
agent of such a candidate, seeks to avoid the spend-
ing limits applicable to the candidate under such
chapter or under the Federal Election Campaign Act
of 1971 by soliciting, receiving, transferring, or di-
recting funds from any source other than such Fund
for the direct or indirect benefit of such candidate’s
campaign, such candidate or agent shall be fined not
more than $1,000,000, or imprisoned for a term of
not more than 3 years, or both.
‘‘(2) CONSPIRACY
TO
VIOLATE
LIMITS
DE-
FINED.—If two or more persons conspire to violate
paragraph (1), and one or more of such persons do
any act to effect the object of the conspiracy, each
shall be fined not more than $1,000,000, or impris-
oned for a term of not more than 3 years, or both.’’.
(b) EFFECTIVE DATE.—The amendment made by
this section shall apply with respect to elections occurring
on or after the date of the enactment of this Act.
TITLE VIII—DISCLOSURE OF
CERTAIN COMMUNICATIONS
SEC. 801. DISCLOSURE OF CERTAIN COMMUNICATIONS.
Section 304 of the Federal Election Campaign Act
of 1971 (2 U.S.C. 434) is amended by adding at the end
the following new subsection:
‘‘(d)(1) In addition to any other information required
to be reported under this Act, any person who makes pay-
ments described in paragraph (2) in an aggregate amount
or value in excess of $250 during a calendar year shall
report such payments and the source of the funds used
to make such payments to the Commission in the same
manner and under the same terms and conditions as a
political committee reporting expenditures and contribu-
tions to the Commission under this section, except that
if such person makes such payments in an aggregate
amount or value of $1,000 or more after the 20th day,
but more than 24 hours, before any election, such person
shall report such information within 24 hours after such
payments are made.
‘‘(2) A payment described in this paragraph is a pay-
ment for any communication which is made during the
90-day period ending on the date of an election and which
mentions a clearly identified candidate for election for
Federal office or the political party of such a candidate,
or which contains the likeness of such a candidate, other
than a payment which would be described in clause (i),
(iii), or (v) of section 301(9)(B) if the payment were an
expenditure under such section.’’.
TITLE IX—EFFECTIVE DATE
SEC. 901. EFFECTIVE DATE.
Except as otherwise specifically provided, this Act
and the amendments made by this Act shall apply with
respect to elections occurring after January 1999.
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