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RESTRICTIONS ON POLITICAL ACTION COMMITTEES
SEC. 
2. 
(a) 
Section 
315(a)(1)(C), 
section
315(a)(2)(A), and section 315(a)(2)(C) of the Federal
Election Campaign Act of 1971 (2 U.S.C. 441a(a)(1)(C),
441a(a)(2)(A), and 441a(a)(2)(C)) are each amended by
striking out ‘‘$5,000’’ and inserting in lieu thereof
‘‘$1,000’’.
(b) Section 315 of the Federal Election Campaign
Act of 1971 (2 U.S.C. 441a) is amended by adding at
the end thereof the following:
‘‘(i) Notwithstanding any other provision of this Act,
each multicandidate political committee and separate reg-
ulated funds established pursuant to the provisions of this
Act shall—
‘‘(1) provide a method so that each person con-
tributing to such committee or fund may specify to
which Federal candidate or candidates or which na-
tional political party organization or organizations
such contribution is being made; and
‘‘(2) provide each contributor with a list of the
names and addresses of the authorized committee of
every candidate for Federal office and for each na-
tional political party organization.’’.
LIMITATIONS ON INDIVIDUAL CONTRIBUTIONS
SEC. 3. Section 315(a)(1)(A) of the Federal Election
Campaign Act of 1971 (2 U.S.C. 441a(a)(1)(A)) is
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amended by striking out ‘‘$1,000’’ and inserting in lieu
thereof ‘‘$2,000’’.
FULL DISCLOSURE OF ELECTION-RELATED
EXPENDITURES
SEC. 4. Section 301(9)(B) of the Federal Election
Campaign Act of 1971 (2 U.S.C. 431(9)(B)) is amend-
ed—
(1) in clause (ii) by inserting before the semi-
colon at the end thereof the following: ‘‘, except that
any payment, services, or other benefit furnished or
otherwise made available by a corporation or by a
labor organization directly attributable to a registra-
tion or get-out-the-vote campaign, shall, if the aggre-
gate of such payments and the fair market value of
such services or other benefit exceed $2,000 for any
election, be reported to the Commission in accord-
ance with section 304(a)(4)(A)(i), and in accordance
with section 304(a)(4)(A)(ii) with respect to any
general election’’; and
(2) in clause (iii) by striking out ‘‘(other than
a communication primarily devoted to subjects other
than the express advocacy of the election or defeat
of a clearly identified candidate)’’.
DISCLOSURE OF INDEPENDENT EXPENDITURES
SEC. 5. Section 318(a)(3) of the Federal Election
Campaign Act of 1971 (2 U.S.C. 441d(a)(3)) is amended
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by striking out the period at the end thereof and inserting
in lieu thereof the following:
‘‘, except that whenever any person makes an inde-
pendent expenditure through (A) a broadcast com-
munication on any radio or television station, the
broadcast communication shall include a state-
ment—
‘‘(i) in such television broadcast, that is
clearly readable to the viewer and appears con-
tinuously during the entire length of such com-
munication; or
‘‘(ii) in such radio broadcast, that is clear-
ly audible to the viewer and is aired at the be-
ginning and ending of such broadcast,
setting forth the name of such person and in the
case of a political committee, the name of any con-
nected or affiliated organization, or (B) a news-
paper, magazine, outdoor advertising facility, direct
mailing or other type of general public political ad-
vertising, the communication shall include, in addi-
tion to the other information required by this sub-
section, the following sentence: ‘The cost of present-
ing this communication is not subject to any cam-
paign contribution limits.’, and a statement setting
forth the name of the person who paid for the com-
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munication and, in the case of a political committee,
the name of any connected or affiliated organization
and the name of the president or treasurer of such
organization.
‘‘(4) The person making an independent ex-
penditure described in paragraph (3) shall furnish,
by certified mail, return receipt requested, the fol-
lowing information, to each candidate and to the
Commission, not later than the date and time of
the first public transmission (e.g. first aired,
mailed, published, or displayed):
‘‘(A) effective notice that the person plans
to make an independent expenditure for the
purpose of financing a communication which ex-
pressly advocates the election or defeat of a
clearly identified candidate;
‘‘(B) an exact copy of the intended com-
munication, or a complete description of the
contents of the intended communication, includ-
ing the entirety of any texts to be used in con-
junction with such communication, and a com-
plete description of any photographs, films, or
any other visual devices to be used in conjunc-
tion with such communication;
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‘‘(C) all approximate dates and times when
such communication will be publicly transmit-
ted; and
‘‘(D) each specific location, media channel,
and publication through which the communica-
tion will be publicly transmitted.’’.
INDEPENDENT EXPENDITURES
SEC. 6. (a) Section 301(17) of the Federal Election
Campaign Act of 1971 (2 U.S.C. 431(17)) is amended by
adding the following: ‘‘An expenditure shall constitute an
expenditure in coordination, consultation, or concert with
a candidate and shall not constitute an ‘independent ex-
penditure’ where—
‘‘(A) there is any arrangement, coordination, or
direction with respect to the expenditure between the
candidate or the candidate’s agent and the person
(including any officer, director, employee or agent of
such person) making the expenditure;
‘‘(B) in the same election cycle, the person
making the expenditure (including any officer, direc-
tor, employee or agent of such person) is or has
been—
‘‘(i) authorized to raise or expend funds on
behalf of the candidate or the candidate’s au-
thorized committees;
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‘‘(ii) serving as an officer of the can-
didate’s authorized committees; or
‘‘(iii) receiving any form of compensation
or reimbursement from the candidate, the can-
didate’s authorized committees, or the can-
didate’s agent;
‘‘(C) the person making the expenditure (in-
cluding any officer, director, employee or agent of
such person) has communicated with, advised, or
counseled the candidate or the candidate’s agents at
any time on the candidate’s plans, projects, or needs
relating to the candidate’s pursuit of nomination for
election, or election to Federal office, in the same
election cycle, including any advice relating to the
candidate’s decision to seek Federal office;
‘‘(D) the person making the expenditure retains
the professional services of any individual or other
person also providing those services to the candidate
in connection with the candidate’s pursuit of nomi-
nation for election, or election to Federal office, in
the same election cycle, including any services relat-
ing to the candidate’s decision to seek Federal office;
‘‘(E) the person making the expenditure (in-
cluding any officer, director, employee or agent of
such person) has communicated or consulted at any
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time during the same election cycle about the can-
didate’s plans, projects, or needs relating to the can-
didate’s pursuit of election to Federal office, with:
(i) any officer, director, employee or agent of a party
committee that has made or intends to make ex-
penditures or contributions, pursuant to subsection
(a), (d), or (h) of section 315 in connection with the
candidate’s campaign; or (ii) any person whose pro-
fessional services have been retained by a political
party committee that has made or intends to make
expenditures or contributions pursuant to subsection
(a), (d), or (h) of section 315 in connection with the
candidate’s campaign; and
‘‘(F) the expenditure is based on information
provided to the person making the expenditure di-
rectly or indirectly by the candidate or the can-
didate’s agents about the candidate’s plans, projects,
or needs, provided that the candidate or the can-
didate’s agent is aware that the other person has
made or is planning to make expenditures expressly
advocating the candidate’s election.’’.
(b) Section 309(a) of the Federal Election Campaign
Act of 1971 (2 U.S.C. 437g(a)) is amended by adding at
the end thereof the following:
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‘‘(13) Within 3 days after the Commission re-
ceives a complaint, filed pursuant to this section,
which alleges that an independent expenditure was
made with the cooperation or consultation of a can-
didate, or an authorized committee or agent of such
candidate, or was made in concert with or at the re-
quest or suggestion of an authorized committee or
agent of such candidate, the Commission shall pro-
vide for a hearing to determine such matter.’’.
CANDIDATE EXPENDITURES FROM PERSONAL FUNDS
SEC. 7. (a) Section 315 of the Federal Election Cam-
paign Act of 1971 (2 U.S.C. 441a), as amended by section
2(b) of this Act, is further amended by adding at the end
thereof the following:
‘‘(j)(1)(A) Within 15 days after a candidate qualifies
for the primary election ballot, under applicable State law,
such candidate shall file with the Commission and each
other candidate who has qualified for such ballot, a dec-
laration stating whether or not such candidate intends to
expend funds and incur personal loans for the primary and
general election a total amount, in the aggregate of
$250,000 or more from the following sources: (i) his per-
sonal funds, (ii) the funds of his immediate family, and
(iii) personal loans incurred in connection with his cam-
paign for such office.
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‘‘(B) The statement required by this subsection shall
be in such form, and contain such information, as the
Commission may, by regulation, require.
‘‘(2) Notwithstanding any other provision of law, in
any election in which a candidate declares that he intends
to expend or incur, in the aggregate, $250,000 or more
by expending from personal funds and funds of his imme-
diate family and incurring personal loans for his cam-
paign, or does expend funds and incur loans in a total
in excess of such amount, or fails to file the declarations
required by this subsection, the limitations on contribu-
tions in subsection (a) of this section, as they apply to
all other individuals running for such office, shall be in-
creased for such election as follows:
‘‘(A) The limitations provided in subsection
(a)(1)(A) shall be increased to $10,000.
‘‘(B) The limitations provided in subsection
(a)(3) shall be increased to an amount equal to 150
percent of such limitation, but only to the extent
that contributions above such limitation are made to
candidates affected by the increased level provided
in subparagraph (A).
‘‘(3) If the limitations in this section are increased
pursuant to paragraph (2) for a convention or a primary
election as they relate to an individual candidate, and if
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such individual candidate is not a candidate in any subse-
quent election in such campaign, including the general
election, the provisions of subparagraph (A) of paragraph
(2) shall cease to apply.
‘‘(4) Any candidate who—
‘‘(A) declares, pursuant to paragraph (1) that
he does not intend to expend and incur, by expend-
ing from his personal funds and the funds of his im-
mediate family and incurring personal loans in con-
nection with his campaign an amount which in the
aggregate totals $250,000 or more; and
‘‘(B) subsequently does spend funds or incur
loans in excess of such amount, or intends to spend
funds or incur loans in excess of such amount;
shall notify and file an amended declaration with the Com-
mission and shall notify all other candidates for such office
within 24 hours after changing such declaration or exceed-
ing such limits, whichever first occurs, by sending such
notice by certified mail, return receipt requested.
‘‘(5) Any candidate who makes expenditures from his
personal funds or the personal funds of his immediate
family, or incurs personal loans in connection with his
campaign for election to office may repay such loan for
such expenditures, to himself or to his immediate family,
from contributions made to such candidate or any author-
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ized committee of such candidate, except that such loan
shall be repaid only to the extent of the actual amount
of the loan. Notwithstanding any other provision of law,
repayment of any such loan shall not include any interest
on the principal amount of such loan.
‘‘(6) Notwithstanding any other provision of law, no
candidate may make expenditures from his personal funds
or the personal funds of his immediate family, or incur
personal loans in connection with his campaign for election
to such office at any time after 60 days before the date
of such election. The provisions of this paragraph shall
apply to all candidates regardless of whether such can-
didate has reached the limits provided in this subsection.
‘‘(7) The Commission shall take such action as it
deems necessary under the enforcement provisions of this
Act to assure compliance with the provisions of this sub-
section.
‘‘(k) Notwithstanding any other provision of this Act,
no candidate who, in connection with his campaign for
election to Federal office, makes expenditures from his
personal funds or the personal funds of his immediate
family to his campaign committee, or makes a loan from
such funds to such committee, shall use any other con-
tributions which are made by any other person, after the
election, to such candidate or the principal campaign com-
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mittee of such candidate to repay any such expenditure
or loan.
‘‘(l) For purposes of this section, ‘immediate family’
means a candidate’s spouse, and any child, stepchild, par-
ent, grandparent, brother, half-brother, sister or half-sis-
ter of the candidate, and the spouse of any such person
and any child, stepchild, parent, grandparent, brother,
half-brother, sister or half-sister of the candidate’s spouse,
and any spouse of any such person.’’.
(b) Section 313 of the Federal Election Campaign
Act of 1971 (2 U.S.C. 439a) is amended by inserting be-
fore the period the following: ‘‘, and except that no can-
didate for the office of President or Vice President may
use any contributions in a manner prohibited by section
315(k)’’.
ROLE OF POLITICAL PARTIES
SEC. 8. Section 315(d)(3) of the Federal Election
Campaign Act of 1971 (2 U.S.C. 441a(d)(3)) is amended
by—
(1) striking out ‘‘2 cents’’ in subparagraph
(A)(i) and inserting in lieu thereof ‘‘5 cents’’; and
(2) striking out ‘‘$10,000’’ in subparagraph (B)
and inserting in lieu thereof ‘‘$25,000’’.
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DEFINITION OF NATIONAL COMMITTEE
SEC. 9. Section 301(14) of the Federal Election Cam-
paign Act of 1971 (2 U.S.C. 431(14)) is amended to read
as follows:
‘‘(14) The term ‘national committee’ means the orga-
nization or organizations which, by virtue of the bylaws
of a political party, are responsible for the day-to-day op-
eration of such political party at the national level, includ-
ing the Democratic National Committee, the Democratic
Senatorial Campaign Committee, the Democratic Con-
gressional Campaign Committee, the Republican National
Committee, the National Republican Senatorial Commit-
tee, and the National Republican Congressional Commit-
tee, and any other such committees as determined by the
Commission.’’.
REPORTING BY POLITICAL PARTY COMMITTEES
SEC. 10. (a) Section 304(b)(2) of the Federal Elec-
tion Campaign Act of 1971 (2 U.S.C. 434(b)(2)) is
amended—
(1) in subparagraph (J), by striking out ‘‘and’’
after the semicolon;
(2) in subparagraph (K), by inserting ‘‘and’’
after the semicolon; and
(3) by adding at the end the following new sub-
paragraph:
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‘‘(L) for a national committee of a political
party, all contributions, loans, transfers, and
other receipts from any source to the committee
and to any account financed, established, main-
tained, or controlled by such national commit-
tee, regardless of whether such account is a po-
litical committee;’’.
(b) Section 304(b)(3) of the Federal Election Cam-
paign Act of 1971 (2 U.S.C. 434(b)(3)) is amended—
(1) in subparagraph (F), by striking out ‘‘and’’
after the semicolon;
(2) in subparagraph (G), by inserting ‘‘and’’
after the semicolon; and
(3) by adding at the end the following new sub-
paragraph:
‘‘(H) person who provides any contribu-
tion, loan, transfer, service, or any other benefit
or thing of value to a national committee of a
political party or to any account financed, es-
tablished, maintained, or controlled by such na-
tional committee, regardless of whether such ac-
count is a political committee, in an aggregate
amount or value in excess of $200 within the
calendar year, together with the date and
amount or value of such contribution, loan,