‘‘SEC. 503. REQUIREMENTS APPLICABLE TO CLEAN MONEY 
CANDIDATES. 
‘‘(a) CONTRIBUTIONS AND EXPENDITURES.—
‘‘(1) PROHIBITION
OF
PRIVATE
CONTRIBU-
TIONS.—Except as otherwise provided in this title, 
during the election cycle of a clean money candidate, 
the candidate shall not accept contributions other 
than clean money from any source. 
‘‘(2) PROHIBITION
OF
EXPENDITURES
FROM 
PRIVATE SOURCES.—Except as otherwise provided in 
this title, during the election cycle of a clean money 
candidate, the candidate shall not make expenditures 
from any amounts other than clean money amounts. 
‘‘(b) USE OF PERSONAL FUNDS.—
‘‘(1) IN GENERAL.—A clean money candidate 
shall not use personal funds to make an expenditure 
except as provided in paragraph (2). 
‘‘(2) EXCEPTIONS.—A seed money contribution 
or qualifying contribution from the candidate or a 
member of the candidate’s immediate family shall 
not be considered to be use of personal funds. 
‘‘SEC. 504. SEED MONEY. 
‘‘(a) SEED MONEY LIMIT.—A clean money candidate 
may accept seed money contributions in an aggregate 
amount not exceeding $35,000.
‘‘(b) CONTRIBUTION LIMIT.—Except as provided in 
section 502(a)(2), a clean money candidate shall not ac-
cept a contribution from any person except a seed money 
contribution (as defined in section 501). 
‘‘(c) RECORDS.—A clean money candidate shall 
maintain a record of the contributor’s name, street ad-
dress, and amount of the contribution. 
‘‘(d) USE OF SEED MONEY.—
‘‘(1) IN GENERAL.—A clean money candidate 
may expend seed money for any election campaign-
related costs, including costs to open an office, fund 
a grassroots campaign, or hold community meetings. 
‘‘(2) PROHIBITED USES.—A clean money can-
didate shall not expend seed money for—
‘‘(A) a television or radio broadcast; or 
‘‘(B) personal use. 
‘‘(e) REPORT.—Unless a seed money contribution or 
expenditure made with a seed money contribution has 
been reported previously under section 304, a clean money 
candidate shall file with the Commission a report dis-
closing all seed money contributions and expenditures not 
later than 48 hours after—
‘‘(1) the earliest date on which the Commission 
makes funds available to the candidate for an elec-
tion period under paragraph (1) or (2) of section 
506(b); or 
‘‘(2) the end of the clean money qualifying pe-
riod, 
whichever occurs first. 
‘‘(f) TIME TO ACCEPT SEED MONEY CONTRIBU-
TIONS.—A clean money candidate may accept seed money 
contributions for an election from the day after the date 
of the previous general election for the office to which the 
candidate is seeking election through the earliest date on 
which the Commission makes funds available to the can-
didate for an election period under paragraph (1) or (2) 
of section 506(b). 
‘‘(g) DEPOSIT
OF UNSPENT SEED MONEY CON-
TRIBUTIONS.—A clean money candidate shall remit any 
unspent seed money to the Commission, for deposit in the 
House of Representatives Election Fund, not later than 
the earliest date on which the Commission makes funds 
available to the candidate for an election period under 
paragraph (1) or (2) of section 506(b). 
‘‘(h) NOT CONSIDERED AN EXPENDITURE.—An ex-
penditure made with seed money shall not be treated as 
an expenditure for purposes of section 506(f)(2).
‘‘SEC. 505. CERTIFICATION BY COMMISSION. 
‘‘(a) IN GENERAL.—Not later than 5 days after a 
candidate files a declaration under section 502, the Com-
mission shall—
‘‘(1) determine whether the candidate meets the 
eligibility requirements of section 502; and 
‘‘(2) certify whether or not the candidate is a 
clean money candidate. 
‘‘(b) REVOCATION OF CERTIFICATION.—The Com-
mission may revoke a certification under subsection (a) 
if a candidate fails to comply with this title. 
‘‘(c) REPAYMENT OF BENEFITS.—If certification is 
revoked under subsection (b), the candidate shall repay 
to the House of Representatives Election Fund an amount 
equal to the value of benefits received under this title. 
‘‘SEC. 506. BENEFITS FOR CLEAN MONEY CANDIDATES. 
‘‘(a) IN GENERAL.—A clean money candidate shall 
be entitled to—
‘‘(1) a clean money amount for each election 
period to make or obligate to make expenditures 
during the election period for which the clean money 
is provided, as provided in subsection (c); 
‘‘(2) media benefits under section 315 of the 
Communications Act of 1934 (47 U.S.C. 315); and 
‘‘(3) an aggregate amount of increase in the 
clean money amount in response to certain inde-
pendent expenditures and expenditures of a private 
money candidate under subsection (d) that, in the 
aggregate, are in excess of 125 percent of the clean 
money amount of the clean money candidate. 
‘‘(b) PAYMENT OF CLEAN MONEY AMOUNT.—
‘‘(1) PRIMARY
ELECTION.—The Commission 
shall make funds available to a clean money can-
didate on the later of—
‘‘(A) the date on which the candidate is 
certified as a clean money candidate under sec-
tion 505; or 
‘‘(B) the date on which the primary elec-
tion period begins. 
‘‘(2) GENERAL
ELECTION.—The Commission 
shall make funds available to a clean money can-
didate not later than 48 hours after—
‘‘(A) certification of the primary election 
or primary runoff election result; or 
‘‘(B) the date on which the candidate is 
certified as a clean money candidate under sec-
tion 505 for the general election, 
whichever occurs first. 
‘‘(3) RUNOFF
ELECTION.—The Commission 
shall make funds available to a clean money can-
didate not later than 48 hours after the certification
of the primary or general election result (as applica-
ble). 
‘‘(c) MONEY AMOUNTS.—
‘‘(1) IN GENERAL.—Except as provided in para-
graph (2), the clean money amount paid to a clean 
money candidate with respect to an election shall be 
equal to the applicable percentage of 80 percent of 
the base amount for the election cycle involved, ex-
cept that in no event may the amount determined 
under this subsection for a clean money candidate 
for an election cycle be less than the amount deter-
mined under this subsection for the candidate for 
the previous election cycle. 
‘‘(2) REDUCTION
FOR
UNCONTESTED
ELEC-
TIONS.—If a clean money candidate has no opposi-
tion in an election for which a payment is made 
under this section, the clean money amount paid 
shall be 40 percent of the amount otherwise deter-
mined under paragraph (1). 
‘‘(3) DEFINITIONS.—
‘‘(A) APPLICABLE PERCENTAGE.—In this 
subsection, the ‘applicable percentage’ is as fol-
lows:
‘‘(i) 25 percent, in the case of a can-
didate in a primary election who is not a 
major party candidate. 
‘‘(ii) 40 percent, in the case of a 
major party candidate in a primary elec-
tion. 
‘‘(iii) 60 percent, in the case of any 
candidate in a general election. 
‘‘(B) BASE AMOUNT.—In this subsection, 
the term ‘base amount’ means (with respect to 
an election cycle) the national average of all 
amounts expended by winning candidates dur-
ing the 3 most recent general elections for 
Member of, or Delegate or Resident Commis-
sioner to, the Congress preceding the election 
cycle involved. 
‘‘(d) MATCHING FUNDS
IN RESPONSE
TO INDE-
PENDENT EXPENDITURES AND EXPENDITURES OF PRI-
VATE MONEY CANDIDATES.—
‘‘(1) IN GENERAL.—If the Commission—
‘‘(A) receives notification under—
‘‘(i) subparagraphs (A) or (B) of sec-
tion 304(c)(2) that a person has made or 
obligated to make an independent expendi-
ture in an aggregate amount of $1,000 or
more in an election period or that a person 
has made or obligated to make an inde-
pendent expenditure in an aggregate 
amount of $500 or more during the 20 
days preceding the date of an election in 
support of another candidate or against a 
clean money candidate; or 
‘‘(ii) section 304(i)(1) that a private 
money candidate has made or obligated to 
make expenditures in an aggregate amount 
in excess of 100 percent of the amount of 
clean money provided to a clean money 
candidate who is an opponent of the pri-
vate money candidate in the same election; 
and 
‘‘(B) 
determines 
that 
the 
aggregate 
amount of expenditures reported under sub-
paragraph (A) in an election period is in excess 
of 125 percent of the amount of clean money 
provided to a clean money candidate who is an 
opponent of the private money candidate in the 
same election or against whom the independent 
expenditure is made, 
the Commission shall make available to the clean 
money candidate, not later than 24 hours after re-
ceiving a notification under subparagraph (A), an 
aggregate amount of increase in clean money in an 
amount equal to the aggregate amount of expendi-
tures that is in excess of 125 percent of the amount 
of clean money provided to the clean money can-
didate as determined under subparagraph (B). 
‘‘(2) CLEAN MONEY CANDIDATES OPPOSED BY 
MORE THAN 1 PRIVATE MONEY CANDIDATE.—For 
purposes of paragraph (1), if a clean money can-
didate is opposed by more than 1 private money can-
didate in the same election, the Commission shall 
take into account only the amount of expenditures of 
the private money candidate that expends, in the ag-
gregate, the greatest amount (as determined each 
time notification is received under section 304(i)(1)). 
‘‘(3) CLEAN MONEY CANDIDATES OPPOSED BY 
CLEAN MONEY CANDIDATES.—If a clean money can-
didate is opposed by a clean money candidate, the 
increase in clean money amounts under paragraph 
(1) shall be made available to the clean money can-
didate if independent expenditures are made against 
the clean money candidate or in behalf of the oppos-
ing clean money candidate in the same manner as 
the increase would be made available for a clean
money candidate who is opposed by a private money 
candidate. 
‘‘(e) LIMITS ON MATCHING FUNDS.—The aggregate 
amount of clean money that a clean money candidate re-
ceives to match independent expenditures and the expendi-
tures of private money candidates under subsection (d) 
shall not exceed 200 percent of the clean money amount 
that the clean money candidate receives under subsection 
(c). 
‘‘(f) EXPENDITURES MADE WITH CLEAN MONEY 
AMOUNTS.—
‘‘(1) IN GENERAL.—The clean money amount 
received by a clean money candidate shall be used 
only for the purpose of making or obligating to make 
expenditures during the election period for which the 
clean money is provided. 
‘‘(2) EXPENDITURES
IN
EXCESS
OF
CLEAN 
MONEY
AMOUNT.—A clean money candidate shall 
not make expenditures or incur obligations in excess 
of the clean money amount. 
‘‘(3) PROHIBITED
USES.—The clean money 
amount received by a clean money candidate shall 
not be—
‘‘(A) converted to a personal use; or 
‘‘(B) used in violation of law.
‘‘(4) REPAYMENT; CIVIL PENALTIES.—
‘‘(A) If the Commission determines that 
any benefit made available to a clean money 
candidate under this title was not used as pro-
vided for in this title, or that a clean money 
candidate has violated any of the spending lim-
its or dates for remission of funds contained in 
this Act, the Commission shall so notify the 
candidate and the candidate shall pay to the 
House of Representatives’ Election Fund an 
amount equal to the amount of benefits so 
used, or the amount spent in excess of the lim-
its or the amount not timely remitted, as appro-
priate. 
‘‘(B) Any action by the Commission in ac-
cordance with this section shall not preclude en-
forcement proceedings by the Commission in ac-
cordance with section 309(a), including a refer-
ral by the Commission to the Attorney General 
in the case of an apparent knowing and willful 
violation of this title. 
‘‘(g) REMITTING OF CLEAN MONEY AMOUNTS.—Not 
later than the date that is 14 days after the last day of 
the applicable election period, a clean money candidate 
shall remit any unspent clean money amount to the Com-
mission for deposit in the House of Representatives Elec-
tion Fund. 
‘‘SEC. 507. ADMINISTRATION OF CLEAN MONEY. 
‘‘(a) HOUSE
OF
REPRESENTATIVES
ELECTION 
FUND.—
‘‘(1) ESTABLISHMENT.—There is established in 
the Treasury a fund to be known as the ‘House of 
Representatives Election Fund’. 
‘‘(2) DEPOSITS.—The Commission shall deposit 
unspent seed money contributions, qualifying con-
tributions, penalty amounts received under this title, 
and amounts appropriated for clean money financing 
in the House of Representatives Election Fund. 
‘‘(3) FUNDS.—The Commission shall withdraw 
the clean money amount for a clean money can-
didate from the House of Representatives Election 
Fund. 
‘‘(b) REGULATIONS.—The Commission shall promul-
gate regulations to—
‘‘(1) effectively and efficiently monitor and en-
force the limits on use of private money by clean 
money candidates; 
‘‘(2) effectively and efficiently monitor use of 
publicly financed amounts under this title; and
‘‘(3) enable clean money candidates to monitor 
expenditures and comply with the requirements of 
this title. 
‘‘SEC. 508. EXPENDITURES MADE FROM FUNDS OTHER 
THAN CLEAN MONEY. 
‘‘If a clean money candidate makes an expenditure 
using funds other than funds provided under this title, the 
Commission shall assess a civil penalty against the can-
didate in an amount that is not more than 10 times the 
amount of the expenditure. 
‘‘SEC. 509. AUTHORIZATION OF APPROPRIATIONS. 
‘‘There are authorized to be appropriated to the 
House of Representatives Election Fund such sums as are 
necessary to carry out this title.’’. 
SEC. 103. REPORTING REQUIREMENTS FOR EXPENDITURES 
OF PRIVATE MONEY CANDIDATES. 
Section 304 of the Federal Election Campaign Act 
of 1971 (2 U.S.C. 434), as amended by section 308(b) 
of the Bipartisan Campaign Reform Act of 2003, is 
amended by adding at the end the following: 
‘‘(i) PRIVATE MONEY CANDIDATES.—
‘‘(1) EXPENDITURES
IN
EXCESS
OF
CLEAN 
MONEY AMOUNTS.—Not later than 48 hours after 
making or obligating to make an expenditure, a pri-
vate money candidate (as defined in section 501)
that makes or obligates to make expenditures, in an 
aggregate amount in excess of 100 percent of the 
amount of clean money provided to a clean money 
candidate (as defined in section 501), during an 
election period (as defined by section 501) who is an 
opponent of the clean money candidate shall file 
with the Commission a report stating the amount of 
each expenditure (in increments of an aggregate 
amount of $100) made or obligated to be made. 
‘‘(2) PLACE OF FILING; NOTIFICATION.—
‘‘(A) PLACE OF FILING.—A report under 
this subsection shall be filed with the Commis-
sion. 
‘‘(B) NOTIFICATION
OF
CLEAN
MONEY 
CANDIDATES.—Not later than 24 hours after 
receipt of a report under this subsection, the 
Commission shall notify each clean money can-
didate seeking nomination for election to, or 
election to, the office in question, of the receipt 
of the report. 
‘‘(3) DETERMINATIONS BY THE COMMISSION.—
‘‘(A) IN GENERAL.—The Commission may, 
on a request of a candidate or on its own initia-
tive, make a determination that a private 
money candidate has made, or has obligated to
make, expenditures in excess of the applicable 
amount in paragraph (1). 
‘‘(B) NOTIFICATION.—In the case of such 
a determination, the Commission shall notify 
each clean money candidate seeking nomination 
for election to, or election to, the office in ques-
tion, of the making of the determination not 
later than 24 hours after making the deter-
mination. 
‘‘(C) TIME
TO
COMPLY
WITH
REQUEST 
FOR DETERMINATION.—A determination made 
at the request of a candidate shall be made not 
later than 48 hours after the date of the re-
quest.’’. 
SEC. 104. TRANSITION RULE FOR CURRENT ELECTION 
CYCLE. 
(a) IN GENERAL.—During the election cycle in effect 
on the date of enactment of this Act, a candidate may 
be certified as a clean money candidate (as defined in sec-
tion 501 of the Federal Election Campaign Act of 1971, 
as added by section 102), notwithstanding the acceptance 
of contributions or making of expenditures from private 
funds before the date of enactment that would, absent this 
section, disqualify the candidate as a clean money can-
didate.
(2) in paragraph (2), by redesignating subpara-
graphs (A), (B), and (C) as clauses (i), (ii), and 
(iii), respectively, and adjusting the margins accord-
ingly; 
(3) by redesignating paragraphs (2) and (3) as 
subparagraphs (B) and (C), respectively, and adjust-
ing the margins accordingly; and 
(4) by adding at the end the following: 
‘‘(2) HOUSE OF REPRESENTATIVES ELECTIONS 
WITH A CLEAN MONEY CANDIDATE.—
‘‘(A) INDEPENDENT EXPENDITURES MORE 
THAN 20 DAYS BEFORE AN ELECTION.—
‘‘(i) IN GENERAL.—Not later than 48 
hours after making an independent ex-
penditure, more than 20 days before the 
date of an election, in support of an oppo-
nent of or in opposition to a clean money 
candidate (as defined in section 501), a 
person that makes independent expendi-
tures in an aggregate amount in excess of 
$1,000 during an election period (as de-
fined in section 501) shall file with the 
Commission a statement containing the in-
formation described in clause (ii).
‘‘(ii) CONTENTS OF STATEMENT.—A 
statement under subparagraph (A) shall 
include a certification, under penalty of 
perjury, that contains the information re-
quired by subsection (b)(6)(B)(iii). 
‘‘(iii) ADDITIONAL STATEMENTS.—An 
additional statement shall be filed for each 
aggregate of independent expenditures that 
exceeds $1,000. 
‘‘(B) INDEPENDENT EXPENDITURES DUR-
ING THE 20 DAYS PRECEDING AN ELECTION.—
Not later than 24 hours after making or obli-
gating to make an independent expenditure in 
support of an opponent of or in opposition to a 
clean money candidate in an aggregate amount 
in excess of $500, during the 20 days preceding 
the date of an election, a person that makes or 
obligates to make the independent expenditure 
shall file with the Commission a statement stat-
ing the amount of each independent expenditure 
made or obligated to be made. 
‘‘(C) PLACE OF FILING; NOTIFICATION.—
‘‘(i) PLACE OF FILING.—A report or 
statement under this paragraph shall be 
filed with the Commission.
‘‘(ii) NOTIFICATION OF CLEAN MONEY 
CANDIDATES.—Not later than 24 hours, 
but excluding the time from 5:00 p.m. Fri-
day through and until 9:00 a.m. the fol-
lowing Monday, and legal holidays after re-
ceipt of a statement under this paragraph, 
the Commission shall notify each clean 
money candidate seeking nomination for 
election to, or election to, the office in 
question of the receipt of a statement. 
‘‘(D) DETERMINATION
BY
THE
COMMIS-
SION.—
‘‘(i) IN GENERAL.—The Commission 
may, on request of a candidate or on its 
own initiative, make a determination that a 
person has made or obligated to make 
independent expenditures with respect to a 
candidate that in the aggregate exceed the 
applicable amount under subparagraph 
(A). 
‘‘(ii) NOTIFICATION.—Not later than 
24 hours after making a determination 
under clause (i), the Commission shall no-
tify each clean money candidate in the
election of the making of the determina-
tion. 
‘‘(iii) TIME
TO
COMPLY
WITH
RE-
QUEST
FOR
DETERMINATION.—A deter-
mination made at the request of a can-
didate shall be made not later than 48 
hours after the date of the request.’’. 
SEC. 202. LIMIT ON EXPENDITURES BY POLITICAL PARTY 
COMMITTEES. 
Section 315(d)(3) of the Federal Election Campaign 
Act of 1971 (2 U.S.C. 441a(d)(3)) is amended—
(1) in subparagraph (A)—
(A) in the matter preceding clause (i), by 
striking ‘‘in the case’’ and inserting ‘‘except as 
provided in subparagraph (C), in the case’’, and 
(B) by striking ‘‘and’’ at the end; 
(2) in subparagraph (B)—
(A) by striking ‘‘in the case’’ and inserting 
‘‘except as provided in subparagraph (C), in the 
case’’, and 
(B) by striking the period at the end and 
inserting ‘‘; and’’; and 
(3) by adding at the end the following: 
‘‘(C) in the case of an election to the office of 
Representative in or Delegate or Resident Commis-
sioner to the Congress in which 1 or more can-
didates is a clean money candidate (as defined in 
section 501), 10 percent of the amount of clean 
money that a clean money candidate is eligible to re-
ceive for the general election period.’’. 
SEC. 203. TREATMENT OF COORDINATED EXPENDITURES 
AS CONTRIBUTIONS. 
(a) IN GENERAL.—Section 301(8) of the Federal 
Election Campaign Act of 1971 (2 U.S.C. 431(8)) is 
amended—
(1) in subparagraph (A)—
(A) by striking ‘‘or’’ at the end of clause 
(i); 
(B) by striking the period at the end of 
clause (ii) and inserting ‘‘; or’’; and 
(C) by adding at the end the following: 
‘‘(iii) a payment made for a commu-
nication or anything of value that is for 
the purpose of influencing an election for 
Federal office and that is made in coordi-
nation with a candidate (as defined in sub-
paragraph (C)).’’; and 
(2) by adding at the end the following:
‘‘(C) For the purposes of subparagraph 
(A)(iii), the term ‘payment made in coordina-
tion with a candidate’ includes—
‘‘(i) a payment made by a person in 
cooperation, consultation, or concert with, 
at the request or suggestion of, or pursu-
ant to any general or particular under-
standing with a candidate, the candidate’s 
authorized committee, or an agent acting 
on behalf of a candidate or authorized 
committee; 
‘‘(ii) a payment made by a person for 
the dissemination, distribution, or republi-
cation, in whole or in part, of any broad-
cast or any written, graphic, or other form 
of campaign material prepared by a can-
didate, a candidate’s authorized committee, 
or an agent of a candidate or authorized 
committee (not including a communication 
described in paragraph (9)(B)(i) or a com-
munication that expressly advocates the 
candidate’s defeat); 
‘‘(iii) a payment made based on infor-
mation about a candidate’s plans, projects, 
or needs provided to the person making the