‘‘(B) The following shall not be considered an inde-
pendent expenditure:
‘‘(i) An expenditure made by a political commit-
tee of a political party.
‘‘(ii) An expenditure made by a person who,
during the election cycle, has communicated with or
received information from a candidate or a rep-
resentative of that candidate regarding activities
that have the purpose of influencing that candidate’s
election to Federal office, where the expenditure is
in support of that candidate or in opposition to an-
other candidate for that office.
‘‘(iii) An expenditure if there is any arrange-
ment, coordination, or direction with respect to the
expenditure between the candidate or the candidate’s
agent and the person making the expenditure.
‘‘(iv) An expenditure if, in the same election
cycle, the person making the expenditure is or has
been—
‘‘(I) authorized to raise or expend funds on
behalf of the candidate or the candidate’s au-
thorized committees; or
‘‘(II) serving as a member, employee, or
agent of the candidate’s authorized committees
in an executive or policymaking position.
‘‘(v) An expenditure if the person making the
expenditure has advised or counseled the candidate
or the candidate’s agents at any time on the can-
didate’s plans, projects, or needs relating to the can-
didate’s pursuit of nomination for election, or elec-
tion, to Federal office, in the same election cycle, in-
cluding any advice relating to the candidate’s deci-
sion to seek Federal office.
‘‘(vi) An expenditure if the person making the
expenditure retains the professional services of any
individual or other person also providing those serv-
ices in the same election cycle to the candidate in
connection with the candidate’s pursuit of nomina-
tion for election, or election, to Federal office, in-
cluding any services relating to the candidate’s deci-
sion to seek Federal office.
‘‘(vii) An expenditure if the person making the
expenditure has consulted at any time during the
same election cycle about the candidate’s plans,
projects, or needs relating to the candidate’s pursuit
of nomination for election, or election, to Federal of-
fice, with—
‘‘(I) any officer, director, employee or
agent of a party committee that has made or
intends to make expenditures or contributions,
pursuant to subsections (a), (d), or (h) of sec-
tion 315 in connection with the candidate’s
campaign; or
‘‘(II) any person whose professional serv-
ices have been retained by a political party com-
mittee that has made or intends to make ex-
penditures or contributions pursuant to sub-
sections (a), (d), or (h) of section 315 in con-
nection with the candidate’s campaign.
For purposes of this subparagraph, the person making the
expenditure shall include any officer, director, employee,
or agent of such person.
‘‘(18) The term ‘express advocacy’ means, when a
communication is taken as a whole, an expression of sup-
port for or opposition to a specific candidate, to a specific
group of candidates, or to candidates of a particular politi-
cal party, or a suggestion to take action with respect to
an election, such as to vote for or against, make contribu-
tions to, or participate in campaign activity.’’.
(b) CONTRIBUTION DEFINITION AMENDMENT.—Sec-
tion 301(8)(A) of FECA (2 U.S.C. 431(8)(A)) is amend-
ed—
(1) in clause (i), by striking ‘‘or’’ after the
semicolon at the end;
(2) in clause (ii), by striking the period at the
end and inserting ‘‘; or’’; and
(3) by adding at the end the following new
clause:
‘‘(iii) any payment or other transaction referred
to in paragraph (17)(A)(i) that does not qualify as
an 
independent 
expenditure 
under 
paragraph
(17)(A)(ii).’’.
TITLE III—EXPENDITURES
Subtitle A—Personal Loans; Credit
SEC. 301. PERSONAL CONTRIBUTIONS AND LOANS.
Section 315 of FECA (2 U.S.C. 441a), as amended
by section 122, is amended by adding at the end the fol-
lowing new subsection:
‘‘(k) LIMITATIONS ON PAYMENTS TO CANDIDATES.—
(1) If a candidate or a member of the candidate’s imme-
diate family made any loans to the candidate or to the
candidate’s authorized committees during any election
cycle, no contributions after the date of the general elec-
tion for such election cycle may be used to repay such
loans.
‘‘(2) No contribution by a candidate or member of
the candidate’s immediate family may be returned to the
candidate or member other than as part of a pro rata dis-
tribution of excess contributions to all contributors.’’.
SEC. 302. EXTENSIONS OF CREDIT.
Section 301(8)(A) of FECA (2 U.S.C. 431(8)(A)), as
amended by section 201(b), 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 inserting at the end the following new
clause:
‘‘(iv) with respect to a candidate and the
candidate’s authorized committees, any exten-
sion of credit for goods or services relating to
advertising on broadcasting stations, in news-
papers or magazines, or by mailings, or relating
to other similar types of general public political
advertising, if such extension of credit is—
‘‘(I) in an amount of more than
$1,000; and
‘‘(II) for a period greater than the pe-
riod, not in excess of 60 days, for which
credit is generally extended in the normal
course of business after the date on which
such goods or services are furnished or the
date of the mailing in the case of advertis-
ing by a mailing.’’.
Subtitle B—Provisions Relating to
Soft Money of Political Parties
SEC. 311. CONTRIBUTIONS TO POLITICAL PARTY COMMIT-
TEES.
(a) 
INDIVIDUAL
CONTRIBUTIONS
TO
STATE
PARTY.—Paragraph (1) of section 315(a) of FECA (2
U.S.C. 441a(a)(1)) is amended by striking ‘‘or’’ at the end
of subparagraph (B), by redesignating subparagraph (C)
as subparagraph (D), and by inserting after subparagraph
(B) the following new subparagraph:
‘‘(C) to political committees established and
maintained by a State committee of a political party
in any calendar year which, in the aggregate, exceed
$10,000; or’’.
(b) MULTICANDIDATE COMMITTEE CONTRIBUTIONS
TO STATE PARTY.—Paragraph (2) of section 315(a) of
FECA (2 U.S.C. 441a(a)(2)) is amended by striking ‘‘or’’
at the end of subparagraph (B), by redesignating subpara-
graph (C) as subparagraph (D), and by inserting after
subparagraph (B) the following new subparagraph:
‘‘(C) to political committees established and
maintained by a State committee of a political party
in any calendar year which, in the aggregate, exceed
$10,000; or’’.
(c) INCREASE IN OVERALL LIMIT.—Paragraph (3) of
section 315(a) of FECA (2 U.S.C. 441a(a)(3)) is amended
by adding at the end thereof the following new sentence:
‘‘The limitation under this paragraph shall be increased
(but not by more than $5,000) by the amount of contribu-
tions made by an individual during a calendar year to po-
litical committees which are taken into account for pur-
poses of paragraph (1)(C).’’.
SEC. 312. PROVISIONS RELATING TO NATIONAL, STATE,
AND LOCAL PARTY COMMITTEES.
(a) EXPENDITURES BY STATE COMMITTEES IN CON-
NECTION
WITH
PRESIDENTIAL
CAMPAIGNS.—Section
315(d) of FECA (2 U.S.C. 441a(d)) is amended by insert-
ing at the end thereof the following new paragraph:
‘‘(4) A State committee of a political party, including
subordinate committees of that State committee, shall not
make expenditures in connection with the general election
campaign of a candidate for President of the United
States who is affiliated with such party which, in the ag-
gregate, exceed an amount equal to 4 cents multiplied by
the voting age population of the State, as certified under
subsection (e). This paragraph shall not authorize a com-
mittee to make expenditures for audio broadcasts (includ-
ing television broadcasts) in excess of the amount which
could have been made without regard to this paragraph.’’.
(b) CONTRIBUTION
AND
EXPENDITURE
EXCEP-
TIONS.—(1) Section 301(8)(B) of FECA (2 U.S.C.
431(8)(B)) is amended—
(A) in clause (xi), by striking ‘‘direct mail’’ and
inserting ‘‘mail’’; and
(B) by repealing clauses (x) and (xii).
(2) 
Section 
301(9)(B) 
of 
FECA 
(2 
U.S.C.
431(9)(B)) is amended by repealing clauses (viii) and (ix).
(c) SOFT MONEY OF COMMITTEES OF POLITICAL
PARTIES.—(1) Title III of FECA is amended by inserting
after section 323 the following new section:
‘‘POLITICAL PARTY COMMITTEES
‘‘SEC. 324. (a) Any amount solicited, received, or ex-
pended directly or indirectly by a national, State, district,
or local committee of a political party (including any sub-
ordinate committee) with respect to an activity which, in
whole or in part, is in connection with an election to Fed-
eral office shall be subject in its entirety to the limitations,
prohibitions, and reporting requirements of this Act.
‘‘(b) For purposes of subsection (a)—
‘‘(1) Any activity which is solely for the purpose
of influencing an election for Federal office is in
connection with an election for Federal office.
‘‘(2) Except as provided in paragraph (3), any
of the following activities during a Federal election
period shall be treated as in connection with an elec-
tion for Federal office:
‘‘(A) Voter registration and get-out-the-
vote activities.
‘‘(B) Campaign activities, including broad-
casting, newspaper, magazine, billboard, mass
mail, and newsletter communications, and simi-
lar kinds of communications or public advertis-
ing that—
‘‘(i) are generic campaign activities; or
‘‘(ii) identify a Federal candidate re-
gardless of whether a State or local can-
didate is also identified.
‘‘(C) The preparation and dissemination of
campaign materials that are part of a generic
campaign activity or that identify a Federal
candidate, regardless of whether a State or
local candidate is also identified.
‘‘(D) Development and maintenance of
voter files.
‘‘(E) Any other activity affecting (in whole
or in part) an election for Federal office.
‘‘(3) The following shall not be treated as in
connection with a Federal election:
‘‘(A) Any amount described in section
301(8)(B)(viii).
‘‘(B) Any amount contributed to a can-
didate for other than Federal office.
‘‘(C) Any amount received or expended in
connection with a State or local political con-
vention.
‘‘(D) Campaign activities, including broad-
casting, newspaper, magazine, billboard, mass
mail, and newsletter communications, and simi-
lar kinds of communications or public advertis-
ing that are exclusively on behalf of State or
local candidates and are not activities described
in paragraph (2)(A).
‘‘(E) Administrative expenses of a State or
local committee of a political party, including
expenses for—
‘‘(i) overhead;
‘‘(ii) staff (other than individuals de-
voting a substantial portion of their activi-
ties to elections for Federal office);
‘‘(iii) meetings; and
‘‘(iv) conducting party elections or
caucuses.
‘‘(F) Research pertaining solely to State
and local candidates and issues.
‘‘(G) Development and maintenance of
voter files other than during a Federal election
period.
‘‘(H) Activities described in paragraph
(2)(A) which are conducted other than during
a Federal election period.
‘‘(I) Any other activity which is solely for
the purpose of influencing, and which solely af-
fects, an election for non-Federal office.
‘‘(4) For purposes of this subsection, the term
‘Federal election period’ means the period—
‘‘(A) beginning on June 1, of any even-
numbered calendar year (April 1 if an election
to the office of President occurs in such year),
and
‘‘(B) ending on the date during such year
on which regularly scheduled general elections
for Federal office occur.
In the case of a special election, the Federal election
period shall include at least the 60-day period end-
ing on the date of the election.
‘‘(c) SOLICITATION OF COMMITTEES.—(1) A national
committee of a political party may not solicit or accept
contributions not subject to the limitations, prohibitions,
and reporting requirements of this Act.
‘‘(2) Paragraph (1) shall not apply to contributions
that—
‘‘(A) are to be transferred to a State committee
of a political party for use directly for activities de-
scribed in subsection (b)(3); or
‘‘(B) are to be used by the committee primarily
to support such activities.
‘‘(d) AMOUNTS RECEIVED FROM STATE AND LOCAL
CANDIDATE COMMITTEES.—(1) For purposes of sub-
section (a), any amount received by a national, State, dis-
trict, or local committee of a political party (including any
subordinate committee) from a State or local candidate
committee shall be treated as meeting the requirements
of subsection (a) and section 304(d) if—
‘‘(A) such amount is derived from funds which
meet the requirements of this Act with respect to
any limitation or prohibition as to source or dollar
amount, and
‘‘(B) the State or local candidate committee—
‘‘(i) maintains, in the account from which
payment is made, records of the sources and
amounts of funds for purposes of determining
whether such requirements are met, and
‘‘(ii) certifies to the other committee that
such requirements were met.
‘‘(2) Notwithstanding paragraph (1), any committee
receiving any contribution described in paragraph (1) from
a State or local candidate committee shall be required to
meet the reporting requirements of this Act with respect
to receipt of the contribution from such candidate commit-
tee.
‘‘(3) For purposes of this subsection, a State or local
candidate committee is a committee established, financed,
maintained, or controlled by a candidate for other than
Federal office.’’.
(2) Section 315(d) of FECA (2 U.S.C. 441a(d)), as
amended by subsection (a), is amended by adding at the
end thereof the following new paragraph:
‘‘(5)(A) The national committee of a political
party, the congressional campaign committees of a
political party, and a State or local committee of a
political party, including a subordinate committee of
any of the preceding committees, shall not make ex-
penditures during any calendar year for activities
described in section 324(b)(2) with respect to such
State which, in the aggregate, exceed an amount
equal to 30 cents multiplied by the voting age popu-
lation of the State (as certified under subsection
(e)).
‘‘(B) Expenditures authorized under this para-
graph shall be in addition to other expenditures al-
lowed under this subsection, except that this para-
graph shall not authorize a committee to make ex-
penditures to which paragraph (3) or (4) applies in
excess of the limit applicable to such expenditures
under paragraph (3) or (4).
‘‘(C) No adjustment to the limitation under this
paragraph shall be made under subsection (c) before
1993 and the base period for purposes of any such
adjustment shall be 1990.
‘‘(D) For purposes of this paragraph—
‘‘(i) a local committee of a political party
shall only include a committee that is a political
committee (as defined in section 301(4)); and
‘‘(ii) a State committee shall not be re-
quired to record or report under this Act the
expenditures of any other committee which are
made independently from the State commit-
tee.’’.
(3) Section 301(4) of FECA (2 U.S.C. 431(4))
is amended by adding at the end the following new
sentence: ‘‘For purposes of subparagraph (C), any
payments for get-out-the-vote activities on behalf of
candidates for office other than Federal office shall
be treated as payments exempted from the definition
of expenditure under paragraph (9) of this section.’’.
(d) GENERIC ACTIVITIES.—Section 301 of FECA (2
U.S.C. 431), as amended by section 135, is amended by
adding at the end thereof the following new paragraph:
‘‘(31) The term ‘generic campaign activity’
means a campaign activity the preponderant purpose
or effect of which is to promote a political party
rather than any particular Federal or non-Federal
candidate.’’.
SEC. 313. RESTRICTIONS ON FUNDRAISING BY CANDIDATES
AND OFFICEHOLDERS.
(a) STATE FUNDRAISING ACTIVITIES.—Section 315
of FECA (2 U.S.C. 441a), as amended by section 301,
is amended by adding at the end thereof the following new
subsection:
‘‘(l) LIMITATIONS ON FUNDRAISING ACTIVITIES OF
FEDERAL CANDIDATES AND OFFICEHOLDERS AND CER-
TAIN POLITICAL COMMITTEES.—(1) For purposes of this
Act, a candidate for Federal office (or an individual hold-
ing Federal office) may not solicit funds to, or receive
funds on behalf of, any Federal or non-Federal candidate
or political committee—
‘‘(A) which are to be expended in connection
with any election for Federal office unless such
funds are subject to the limitations, prohibitions,
and requirements of this Act; or
‘‘(B) which are to be expended in connection
with any election for other than Federal office unless
such funds are not in excess of amounts permitted
with respect to Federal candidates and political com-
mittees under this Act, and are not from sources
prohibited by this Act with respect to elections to
Federal office.
‘‘(2)(A) The aggregate amount which a person de-
scribed in subparagraph (B) may solicit from a
multicandidate political committee for State committees
described in subsection (a)(1)(C) (including subordinate
committees) for any calendar year shall not exceed the dol-
lar amount in effect under subsection (a)(2)(B) for the
calendar year.
‘‘(B) A person is described in this subparagraph if
such person is a candidate for Federal office, an individual
holding Federal office, or any national, State, district, or
local committee of a political party (including subordinate
committees).
‘‘(3) The appearance or participation by a candidate
or individual in any activity (including fundraising) con-
ducted by a committee of a political party or a candidate
for other than Federal office shall not be treated as a so-
licitation for purposes of paragraph (1) if—
‘‘(A) such appearance or participation is other-
wise permitted by law; and
‘‘(B) such candidate or individual does not so-
licit or receive, or make expenditures from, any
funds resulting from such activity.
‘‘(4) Paragraph (1) shall not apply to the solicitation
or receipt of funds, or disbursements, by an individual who
is a candidate for other than Federal office if such activity
is permitted under State law.
‘‘(5) For purposes of this subsection, an individual
shall be treated as holding Federal office if such individual
is described in section 101(f) of the Ethics in Government
Act of 1978.’’.
(b) TAX-EXEMPT ORGANIZATIONS.—Section 315 of
FECA (2 U.S.C. 441a), as amended by subsection (a),
is amended by adding at the end thereof the following new
subsection:
‘‘(m) TAX-EXEMPT ORGANIZATIONS.—(1) If during
any period an individual is a candidate for, or holds, Fed-
eral office, such individual may not during such period so-
licit contributions to, or on behalf of, any organization
which is described in section 501(c) of the Internal Reve-
nue Code of 1986 if a significant portion of the activities
of such organization include voter registration or get-out-
the-vote campaigns.
‘‘(2) For purposes of this subsection, an individual
shall be treated as holding Federal office if such individual
is described in section 101(f) of the Ethics in Government
Act of 1978.’’.
SEC. 314. REPORTING REQUIREMENTS.
(a) REPORTING REQUIREMENTS.—Section 304 of
FECA (2 U.S.C. 434) is amended by adding at the end
thereof the following new subsection:
‘‘(d) POLITICAL COMMITTEES.—(1) The national
committee of a political party and any congressional cam-
paign committee, and any subordinate committee of ei-
ther, shall report all receipts and disbursements during
the reporting period, whether or not in connection with
an election for Federal office.
‘‘(2) A political committee (not described in para-
graph (1)) to which section 324 applies shall report all
receipts and disbursements in connection with a Federal
election (as determined under section 324).
‘‘(3) Any political committee to which section 324 ap-
plies shall include in its report under paragraph (1) or
(2) the amount of any transfer described in section 324(c)
and the reason for the transfer.
‘‘(4) Any political committee to which paragraph (1)
or (2) does not apply shall report any receipts or disburse-
ments which are used in connection with a Federal elec-
tion.
‘‘(5) If any receipt or disbursement to which this sub-
section applies exceeds $200, the political committee shall
include identification of the person from whom, or to
whom, such receipt or disbursement was made.
‘‘(6) Reports required to be filed by this subsection
shall be filed for the same time periods required for politi-
cal committees under subsection (a).’’.
(b) REPORT OF EXEMPT CONTRIBUTIONS.—Section
301(8) of the Federal Election Campaign Act of 1971 (2
U.S.C. 431(8)) is amended by inserting at the end thereof
the following:
‘‘(C) The exclusions provided in clauses (v)
and (viii) of subparagraph (B) shall not apply
for purposes of any requirement to report con-
tributions under this Act, and all such contribu-
tions in excess of $200 shall be reported.’’.
(c) REPORTING OF EXEMPT EXPENDITURES.—Sec-
tion 301(9) of the Federal Election Campaign Act of 1971
(2 U.S.C. 431(9)) is amended by inserting at the end
thereof the following:
‘‘(C) The exclusions provided in clause (iv)
of subparagraph (B) shall not apply for pur-
poses of any requirement to report expenditures
under this Act, and all such expenditures in ex-
cess of $200 shall be reported.’’.
(d) CONTRIBUTIONS AND EXPENDITURES OF POLITI-
CAL COMMITTEES.—Section 301(4) of FECA (2 U.S.C.
431(4)) is amended by adding at the end the following:
‘‘For purposes of this paragraph, the receipt of contribu-
tions or the making of, or obligating to make, expenditures
shall be determined by the Commission on the basis of
facts and circumstances, in whatever combination, dem-
onstrating a purpose of influencing any election for Fed-
eral office, including, but not limited to, the representa-
tions made by any person soliciting funds about their in-
tended uses; the identification by name of individuals who
are candidates for Federal office or of any political party,
in general public political advertising; and the proximity
to any primary, runoff, or general election of general pub-
lic political advertising designed or reasonably calculated
to influence voter choice in that election.’’.
(e) REPORTS BY STATE COMMITTEES.—Section 304
of FECA (2 U.S.C. 434), as amended by subsection (a),
is amended by adding at the end thereof the following new
subsection:
‘‘(e) FILING OF STATE REPORTS.—In lieu of any re-
port required to be filed by this Act, the Commission may
allow a State committee of a political party to file with
the Commission a report required to be filed under State
law if the Commission determines such reports contain
substantially the same information.’’.
TITLE IV—CONTRIBUTIONS
SEC. 401. CONTRIBUTIONS THROUGH INTERMEDIARIES
AND CONDUITS.
Section 315(a)(8) of FECA (2 U.S.C. 441a(a)(8)) is
amended to read as follows:
‘‘(8) For the purposes of this subsection:
‘‘(A) Contributions made by a person, either di-
rectly or indirectly, to or on behalf of a particular
candidate, including contributions that are in any
way earmarked or otherwise directed through an
intermediary or conduit to a candidate, shall be
treated as contributions from the person to the can-
didate.
‘‘(B) Contributions made directly or indirectly
by a person to or on behalf of a particular candidate
through an intermediary or conduit, including con-
tributions made or arranged to be made by an
intermediary or conduit, shall be treated as contribu-
tions from the intermediary or conduit to the can-
didate if—
‘‘(i) the contributions made through the
intermediary or conduit are in the form of a
check or other negotiable instrument made pay-
able to the intermediary or conduit rather than
the intended recipient; or
‘‘(ii) the intermediary or conduit is—
‘‘(I) a political committee with a con-
nected organization;
‘‘(II) an officer, employee, or agent of
such a political committee;
‘‘(III) a political party;
‘‘(IV) a partnership or sole proprietor-
ship;
‘‘(V) a person required to register
under section 308 of the Federal Regula-
tion of Lobbying Act (2 U.S.C. 267) or the
Foreign Agents Registration Act of 1938
(22 U.S.C. 611 et seq.); or
‘‘(VI) an organization prohibited from
making contributions under section 316, or
an officer, employee, or agent of such an
organization acting on the organization’s
behalf.
‘‘(C)(i) The term ‘intermediary or conduit’ does
not include—
‘‘(I) a candidate or representative of a can-
didate receiving contributions to the candidate’s
principal campaign committee or authorized
committee;
‘‘(II) 
a 
professional 
fundraiser 
com-
pensated for fundraising services at the usual
and customary rate;
‘‘(III) a volunteer hosting a fundraising
event at the volunteer’s home, in accordance
with section 301(8)(B); or
‘‘(IV) an individual who transmits a con-
tribution from the individual’s spouse.
‘‘(ii) The term ‘representative’ means an indi-
vidual who is expressly authorized by the candidate
to engage in fundraising, and who occupies a signifi-
cant position within the candidate’s campaign orga-
nization, provided that the individual is not de-
scribed in subparagraph (B)(ii).
‘‘(iii) The term ‘contributions made or arranged
to be made’ includes—
‘‘(I) contributions delivered to a particular
candidate or the candidate’s authorized commit-
tee or agent; and