I 
115TH CONGRESS 
1ST SESSION H. R. 3955 
To reform public financing for Presidential elections and provide for public 
financing for Congressional elections. 
IN THE HOUSE OF REPRESENTATIVES 
OCTOBER 4, 2017 
Mr. PRICE of North Carolina introduced the following bill; which was referred 
to the Committee on House Administration, and in addition to the Com-
mittee on Ways and Means, for a period to be subsequently determined 
by the Speaker, in each case for consideration of such provisions as fall 
within the jurisdiction of the committee concerned 
A BILL 
To reform public financing for Presidential elections and 
provide for public financing for Congressional elections. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE; TABLE OF CONTENTS. 
(a) SHORT TITLE.—This Act may be cited as the 
‘‘Empowering Citizens Act of 2017’’. 
(b) TABLE OF CONTENTS.—The table of contents of 
this Act is as follows: 
Sec. 1. Short title; table of contents. 
TITLE I—PRIMARY ELECTIONS 
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Sec. 1001. Increase in and modifications to matching payments. 
Sec. 1002. Eligibility requirements for matching payments. 
Sec. 1003. Repeal of expenditure limitations. 
Sec. 1004. Period of availability of matching payments. 
Sec. 1005. Examination and audits of matchable contributions. 
Sec. 1006. Modification to limitation on contributions for Presidential primary 
candidates. 
TITLE II—GENERAL ELECTIONS 
Sec. 2001. Modification of eligibility requirements for public financing. 
Sec. 2002. Repeal of expenditure limitations and use of qualified campaign con-
tributions. 
Sec. 2003. Matching payments and other modifications to payment amounts. 
Sec. 2004. Increase in limit on coordinated party expenditures. 
Sec. 2005. Establishment of uniform date for release of payments. 
Sec. 2006. Amounts in Presidential Election Campaign Fund. 
Sec. 2007. Use of general election payments for general election legal and ac-
counting compliance. 
TITLE III—PUBLIC FINANCING FOR CONGRESSIONAL ELECTION 
CAMPAIGNS 
Sec. 3001. Benefits and eligibility requirements for Congressional candidates. 
Sec. 3002. Permitting unlimited coordinated expenditures by political party 
committees on behalf of participating candidates if expendi-
tures are derived from small dollar contributions. 
Sec. 3003. Prohibiting use of contributions by participating candidates for pur-
poses other than campaign for election. 
TITLE IV—USE OF PRESIDENTIAL ELECTION CAMPAIGN FUND 
FOR PUBLIC FINANCING OF FEDERAL ELECTIONS 
Sec. 4001. Use of Presidential Election Campaign Fund for Congressional can-
didates. 
Sec. 4002. Revisions to designation of income tax payments by individual tax-
payers. 
Sec. 4003. Donation to Presidential Election Campaign Fund. 
TITLE V—OTHER CAMPAIGN FINANCE REFORMS 
Sec. 5001. Regulations with respect to best efforts for identifying persons mak-
ing contributions. 
Sec. 5002. Rules relating to joint fundraising committees. 
Sec. 5003. Disclosure of bundled contributions to Presidential campaigns; in-
crease in threshold for bundled contributions by lobbyists. 
Sec. 5004. Repeal of special contribution limits for contributions to national 
parties for certain purposes. 
Sec. 5005. Judicial review of actions related to campaign finance laws. 
Sec. 5006. Treatment of internet communications made by political committees 
as public communications. 
Sec. 5007. Clarification of applicability of contribution limits to certain political 
committees. 
TITLE VI—MISCELLANEOUS PROVISIONS 
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Sec. 6001. Severability. 
Sec. 6002. Effective date. 
TITLE I—PRIMARY ELECTIONS 
SEC. 1001. INCREASE IN AND MODIFICATIONS TO MATCH-
ING PAYMENTS. 
(a) INCREASE AND MODIFICATION.— 
(1) IN GENERAL.—The first sentence of section 
9034(a) of the Internal Revenue Code of 1986 is 
amended— 
(A) by striking ‘‘an amount equal to the 
amount of each contribution’’ and inserting ‘‘an 
amount equal to 600 percent of the amount of 
each matchable contribution (disregarding any 
amount of contributions from any person to the 
extent that the total of the amounts contributed 
by such person for the election exceeds $200)’’; 
and 
(B) by striking ‘‘authorized committees’’ 
and all that follows through ‘‘$250’’ and insert-
ing ‘‘authorized committees’’. 
(2) 
MATCHABLE
CONTRIBUTIONS.—Section 
9034 of such Code is amended— 
(A) by striking the last sentence of sub-
section (a); and 
(B) by inserting after subsection (b) the 
following new subsection: 
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‘‘(c) MATCHABLE CONTRIBUTION DEFINED.—For 
purposes of this section and section 9033(b)— 
‘‘(1) MATCHABLE
CONTRIBUTION.—The term 
‘matchable contribution’ means, with respect to the 
nomination for election to the office of President of 
the United States, a contribution by an individual to 
a candidate or an authorized committee of a can-
didate with respect to which the candidate has cer-
tified in writing that— 
‘‘(A) the individual making such contribu-
tion has not made aggregate contributions (in-
cluding such matchable contribution) to such 
candidate and the authorized committees of 
such candidate in excess of $1,000 for the elec-
tion; 
‘‘(B) such candidate and the authorized 
committees of such candidate will not accept 
contributions from such individual (including 
such matchable contribution) aggregating more 
than the amount described in subparagraph 
(A); and 
‘‘(C) such contribution was not— 
‘‘(i) forwarded from the contributor 
by any person other than an individual, or 
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‘‘(ii) received by the candidate or com-
mittee from a contributor or contributors, 
but credited by the committee or candidate 
to another person who is not an individual 
through records, designations, or other 
means of recognizing (whether in writing 
or not in writing) that a certain amount of 
money has been raised by such person. 
‘‘(2) CONTRIBUTION.—For purposes of this 
subsection, the term ‘contribution’ means a gift of 
money made by a written instrument which identi-
fies the individual making the contribution by full 
name and mailing address, but does not include a 
subscription, loan, advance, or deposit of money, or 
anything of value or anything described in subpara-
graph (B), (C), or (D) of section 9032(4).’’. 
(3) CONFORMING AMENDMENTS.— 
(A) Section 9032(4) of such Code is 
amended by striking ‘‘section 9034(a)’’ and in-
serting ‘‘section 9034’’. 
(B) Section 9033(b)(3) of such Code is 
amended by striking ‘‘matching contributions’’ 
and inserting ‘‘matchable contributions’’. 
(b) MODIFICATION OF PAYMENT LIMITATION.— 
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(1) IN
GENERAL.—Section 9034(b) of such 
Code is amended— 
(A) by striking ‘‘Every’’ and inserting the 
following: 
‘‘(1) IN GENERAL.—Every’’, 
(2) by striking ‘‘shall not exceed’’ and all that 
follows 
and 
inserting 
‘‘shall 
not 
exceed 
$300,000,000.’’, and 
(3) by adding at the end the following new 
paragraph: 
‘‘(3) INFLATION ADJUSTMENT.— 
‘‘(A) IN GENERAL.—In the case of any ap-
plicable period beginning after 2019, the dollar 
amount in paragraph (1) shall be increased by 
an amount equal to— 
‘‘(i) such dollar amount, multiplied by 
‘‘(ii) the cost-of-living adjustment de-
termined under section 1(f)(3) for the cal-
endar year following the year which such 
applicable period begins, determined by 
substituting ‘calendar year 2018’ for ‘cal-
endar year 1992’ in subparagraph (B) 
thereof. 
‘‘(B) APPLICABLE PERIOD.—For purposes 
of this paragraph, the term ‘applicable period’ 
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means the 4-year period beginning with the 
first day following the date of the general elec-
tion for the office of President and ending on 
the date of the next such general election. 
‘‘(C) ROUNDING.—If any amount as ad-
justed under subparagraph (1) is not a multiple 
of $10,000, such amount shall be rounded to 
the nearest multiple of $10,000.’’. 
SEC. 1002. ELIGIBILITY REQUIREMENTS FOR MATCHING 
PAYMENTS. 
(a) AMOUNT OF AGGREGATE CONTRIBUTIONS PER 
STATE; DISREGARDING OF AMOUNTS CONTRIBUTED IN 
EXCESS OF $200.—Section 9033(b)(3) of the Internal 
Revenue Code of 1986 is amended— 
(1) 
by 
striking 
‘‘$5,000’’ 
and 
inserting 
‘‘$25,000’’; and 
(2) by striking ‘‘20 States’’ and inserting the 
following: ‘‘20 States (disregarding any amount of 
contributions from any such resident to the extent 
that the total of the amounts contributed by such 
resident for the election exceeds $200)’’. 
(b) CONTRIBUTION LIMIT.— 
(1) IN
GENERAL.—Paragraph (4) of section 
9033(b) of such Code is amended to read as follows: 
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‘‘(4) the candidate and the authorized commit-
tees of the candidate will not accept aggregate con-
tributions from any person with respect to the nomi-
nation for election to the office of President of the 
United States in excess of $1,000 for the election.’’. 
(2) CONFORMING AMENDMENTS.— 
(A) Section 9033(b) of such Code is 
amended by adding at the end the following 
new flush sentence: 
‘‘For purposes of paragraph (4), the term ‘contribution’ 
has the meaning given such term in section 301(8) of the 
Federal Election Campaign Act of 1971.’’. 
(B) Section 9032(4) of such Code, as 
amended by section 1001(a)(3)(A) is amended 
by inserting ‘‘or 9033(b)’’ after ‘‘9034’’. 
(c) BAN ON ACCEPTANCE OF BUNDLED CONTRIBU-
TIONS.—Section 9033(b) of such Code, as amended by 
subsection (b), is amended— 
(1) by striking ‘‘and’’ at the end of paragraph 
(3); 
(2) by striking the period at the end of para-
graph (4) and inserting ‘‘, and’’; and 
(3) by adding at the end the following new 
paragraph: 
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‘‘(5) the candidate and the authorized com-
mittee of the candidate will not accept any bundled 
contribution (as defined in section 304(i)(8) of the 
Federal Election Campaign Act of 1971) forwarded 
by or credited to a person described in section 
304(i)(7) of such Act.’’. 
(d) PARTICIPATION IN SYSTEM FOR PAYMENTS FOR 
GENERAL ELECTION.—Section 9033(b) of such Code, as 
amended by subsection (c), is amended— 
(1) by striking ‘‘and’’ at the end of paragraph 
(4); 
(2) by striking the period at the end of para-
graph (5) and inserting ‘‘, and’’; and 
(3) by adding at the end the following new 
paragraph: 
‘‘(6) if the candidate is nominated by a political 
party for election to the office of President, the can-
didate will apply for and accept payments with re-
spect to the general election for such office in ac-
cordance with chapter 95.’’. 
SEC. 1003. REPEAL OF EXPENDITURE LIMITATIONS. 
(a) IN GENERAL.—Subsection (a) of section 9035 of 
the Internal Revenue Code of 1986 is amended to read 
as follows: 
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‘‘(a) PERSONAL EXPENDITURE LIMITATION.—No 
candidate shall knowingly make expenditures from his per-
sonal funds, or the personal funds of his immediate family, 
in connection with his campaign for nomination for elec-
tion to the office of President in excess of, in the aggre-
gate, $50,000.’’. 
(b) CONFORMING AMENDMENT.—Paragraph (1) of 
section 9033(b) of the Internal Revenue Code of 1986 is 
amended to read as follows: 
‘‘(1) the candidate will comply with the per-
sonal expenditure limitation under section 9035,’’. 
SEC. 1004. PERIOD OF AVAILABILITY OF MATCHING PAY-
MENTS. 
Section 9032(6) of the Internal Revenue Code of 
1986 is amended by striking ‘‘the beginning of the cal-
endar year in which a general election for the office of 
President of the United States will be held’’ and inserting 
‘‘the date that is 6 months prior to the date of the earliest 
State primary election’’. 
SEC. 1005. EXAMINATION AND AUDITS OF MATCHABLE CON-
TRIBUTIONS. 
Section 9038(a) of the Internal Revenue Code of 
1986 is amended by inserting ‘‘and matchable contribu-
tions accepted by’’ after ‘‘qualified campaign expenses of’’. 
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SEC. 1006. MODIFICATION TO LIMITATION ON CONTRIBU-
TIONS FOR PRESIDENTIAL PRIMARY CAN-
DIDATES. 
Section 315(a)(6) of the Federal Election Campaign 
Act of 1971 (52 U.S.C. 30116(a)(6)) is amended by strik-
ing ‘‘calendar year’’ and inserting ‘‘four-year election 
cycle’’. 
TITLE II—GENERAL ELECTIONS 
SEC. 2001. MODIFICATION OF ELIGIBILITY REQUIREMENTS 
FOR PUBLIC FINANCING. 
Subsection (a) of section 9003 of the Internal Rev-
enue Code of 1986 is amended to read as follows: 
‘‘(a) IN GENERAL.—In order to be eligible to receive 
any payments under section 9006, the candidates of a po-
litical party in a presidential election shall meet the fol-
lowing requirements: 
‘‘(1) PARTICIPATION
IN
PRIMARY
PAYMENT 
SYSTEM.—The candidate for President received pay-
ments under chapter 96 for the campaign for nomi-
nation for election to be President. 
‘‘(2) AGREEMENTS
WITH
COMMISSION.—The 
candidates, in writing— 
‘‘(A) agree to obtain and furnish to the 
Commission such evidence as it may request of 
the qualified campaign expenses of such can-
didates, 
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‘‘(B) agree to keep and furnish to the 
Commission such records, books, and other in-
formation as it may request, and 
‘‘(C) agree to an audit and examination by 
the Commission under section 9007 and to pay 
any amounts required to be paid under such 
section. 
‘‘(3) BAN ON BUNDLED CONTRIBUTIONS.—The 
candidates certify to the Commission, under penalty 
of perjury and within such time prior to the day of 
the presidential election as the Commission shall 
prescribe by rules or regulations, that the candidates 
and the authorized committees of such candidates 
will not accept any bundled contribution (as defined 
in section 304(i)(8) of the Federal Election Cam-
paign Act of 1971) forwarded by or credited to a 
person described in section 304(i)(7) of such Act.’’. 
SEC. 2002. REPEAL OF EXPENDITURE LIMITATIONS AND 
USE OF QUALIFIED CAMPAIGN CONTRIBU-
TIONS. 
(a) USE OF QUALIFIED CAMPAIGN CONTRIBUTIONS 
WITHOUT EXPENDITURE LIMITS; APPLICATION OF SAME 
REQUIREMENTS FOR MAJOR, MINOR, AND NEW PAR-
TIES.—Section 9003 of the Internal Revenue Code of 
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1986 is amended by striking subsections (b) and (c) and 
inserting the following: 
‘‘(b) USE OF QUALIFIED CAMPAIGN CONTRIBUTIONS 
TO DEFRAY EXPENSES.— 
‘‘(1) IN GENERAL.—In order to be eligible to 
receive any payments under section 9006, the can-
didates of a party in a presidential election shall cer-
tify to the Commission, under penalty of perjury, 
that— 
‘‘(A) such candidates and their authorized 
committees have not and will not accept any 
contributions to defray qualified campaign ex-
penses other than— 
‘‘(i) qualified campaign contributions, 
and 
‘‘(ii) contributions to the extent nec-
essary to make up any deficiency payments 
received out of the fund on account of the 
application of section 9006(c), and 
‘‘(B) such candidates and their authorized 
committees have not and will not accept any 
contribution to defray expenses which would be 
qualified campaign expenses but for subpara-
graph (C) of section 9002(11). 
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‘‘(2) TIMING
OF
CERTIFICATION.—The can-
didate shall make the certification required under 
this subsection at the same time the candidate 
makes the certification required under subsection 
(a)(3).’’. 
(b) DEFINITION
OF QUALIFIED CAMPAIGN CON-
TRIBUTION.—Section 9002 of such Code is amended by 
adding at the end the following new paragraph: 
‘‘(13) QUALIFIED CAMPAIGN CONTRIBUTION.— 
The term ‘qualified campaign contribution’ means, 
with respect to any election for the office of Presi-
dent of the United States, a contribution from an in-
dividual to a candidate or an authorized committee 
of a candidate which— 
‘‘(A) does not exceed $1,000 for the elec-
tion; and 
‘‘(B) with respect to which the candidate 
has certified in writing that— 
‘‘(i) the individual making such con-
tribution has not made aggregate contribu-
tions (including such qualified contribu-
tion) to such candidate and the authorized 
committees of such candidate in excess of 
the amount described in subparagraph (A), 
and 
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graphs (3), (4), and (5) as paragraphs (2), (3), 
and (4), respectively. 
(B) 
CONFORMING
AMENDMENT.—Para-
graph (2) of section 9007(b) of such Code, as 
redesignated by subparagraph (A), is amend-
ed— 
(i) by striking ‘‘a major party’’ and 
inserting ‘‘a party’’; 
(ii) by inserting ‘‘qualified contribu-
tions and’’ after ‘‘contributions (other 
than’’; and 
(iii) by striking ‘‘(other than qualified 
campaign expenses with respect to which 
payment is required under paragraph 
(2))’’. 
(3) CRIMINAL PENALTIES.— 
(A) REPEAL OF PENALTY FOR EXCESS EX-
PENSES.—Section 9012 of the Internal Revenue 
Code of 1986 is amended by striking subsection 
(a). 
(B) PENALTY FOR ACCEPTANCE OF DIS-
ALLOWED
CONTRIBUTIONS; APPLICATION
OF 
SAME PENALTY FOR CANDIDATES OF MAJOR, 
MINOR, AND NEW PARTIES.—Subsection (b) of 
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section 9012 of such Code is amended to read 
as follows: 
‘‘(b) CONTRIBUTIONS.— 
‘‘(1) ACCEPTANCE OF DISALLOWED CONTRIBU-
TIONS.—It shall be unlawful for an eligible can-
didate of a party in a presidential election or any of 
his authorized committees knowingly and willfully to 
accept any contribution to defray qualified campaign 
expenses, except to the extent necessary to make up 
any deficiency in payments received out of the fund 
on account of the application of section 9006(c), or 
to defray expenses which would be qualified cam-
paign expenses but for subparagraph (C) of section 
9002(11). 
‘‘(2) PENALTY.—Any person who violates para-
graph (1) shall be fined not more than $5,000, or 
imprisoned not more than one year, or both. In the 
case of a violation by an authorized committee, any 
officer or member of such committee who knowingly 
and willfully consents to such violation shall be fined 
not more than $5,000, or imprisoned not more than 
one year, or both.’’. 
SEC. 2003. MATCHING PAYMENTS AND OTHER MODIFICA-
TIONS TO PAYMENT AMOUNTS. 
(a) IN GENERAL.— 
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(1) AMOUNT OF PAYMENTS; APPLICATION OF 
SAME AMOUNT FOR CANDIDATES OF MAJOR, MINOR, 
AND NEW PARTIES.—Subsection (a) of section 9004 
of the Internal Revenue Code of 1986 is amended to 
read as follows: 
‘‘(a) IN GENERAL.—Subject to the provisions of this 
chapter, the eligible candidates of a party in a presidential 
election shall be entitled to equal payment under section 
9006 in an amount equal to 600 percent of the amount 
of each matchable contribution received by such candidate 
or by the candidate’s authorized committees (disregarding 
any amount of contributions from any person to the extent 
that the total of the amounts contributed by such person 
for the election exceeds $200), except that total amount 
to which a candidate is entitled under this paragraph shall 
not exceed $300,000,000.’’. 
(2) REPEAL
OF
SEPARATE
LIMITATIONS
FOR 
CANDIDATES OF MINOR AND NEW PARTIES; INFLA-
TION ADJUSTMENT.—Subsection (b) of section 9004 
of such Code is amended to read as follows: 
‘‘(b) INFLATION ADJUSTMENT.— 
‘‘(1) IN GENERAL.—In the case of any applica-
ble period beginning after 2019, the $300,000,000 
dollar amount in subsection (a) shall be increased by 
an amount equal to— 
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‘‘(A) such dollar amount; multiplied by 
‘‘(B) the cost-of-living adjustment deter-
mined under section 1(f)(3) for the calendar 
year following the year which such applicable 
period begins, determined by substituting ‘cal-
endar year 2018’ for ‘calendar year 1992’ in 
subparagraph (B) thereof. 
‘‘(2) APPLICABLE
PERIOD.—For purposes of 
this subsection, the term ‘applicable period’ means 
the 4-year period beginning with the first day fol-
lowing the date of the general election for the office 
of President and ending on the date of the next such 
general election. 
‘‘(3) ROUNDING.—If any amount as adjusted 
under paragraph (1) is not a multiple of $10,000, 
such amount shall be rounded to the nearest mul-
tiple of $10,000.’’. 
(3) 
CONFORMING
AMENDMENT.—Section 
9005(a) of such Code is amended by adding at the 
end the following new sentence: ‘‘The Commission 
shall make such additional certifications as may be 
necessary to receive payments under section 9004.’’. 
(b) MATCHABLE CONTRIBUTION.—Section 9002 of 
such Code, as amended by section 2002, is amended by 
adding at the end the following new paragraph: 
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‘‘(14) MATCHABLE CONTRIBUTION.—The term 
‘matchable contribution’ means, with respect to the 
election to the office of President of the United 
States, a contribution by an individual to a can-
didate or an authorized committee of a candidate 
with respect to which the candidate has certified in 
writing that— 
‘‘(A) the individual making such contribu-
tion has not made aggregate contributions (in-
cluding such matchable contribution) to such 
candidate and the authorized committees of 
such candidate in excess of $1,000 for the elec-
tion; 
‘‘(B) such candidate and the authorized 
committees of such candidate will not accept 
contributions from such individual (including 
such matchable contribution) aggregating more 
than the amount described in subparagraph (A) 
with respect to such election; and 
‘‘(C) such contribution was not— 
‘‘(i) forwarded from the contributor 
by any person other than an individual, or 
‘‘(ii) received by the candidate or com-
mittee from a contributor or contributors, 
but credited by the committee or candidate 
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to another person who is not an individual 
through records, designations, or other 
means of recognizing (whether in writing 
or not in writing) that a certain amount of 
money has been raised by such person.’’. 
SEC. 2004. INCREASE IN LIMIT ON COORDINATED PARTY 
EXPENDITURES. 
(a) IN GENERAL.—Section 315(d)(2) of the Federal 
Election Campaign Act of 1971 (52 U.S.C. 30116(d)(2)) 
is amended to read as follows: 
‘‘(2)(A) The national committee of a political party 
may not make any expenditure in connection with the gen-
eral election campaign of any candidate for President of 
the United States who is affiliated with such party which 
exceeds $100,000,000. 
‘‘(B) For purposes of this paragraph— 
‘‘(i) any expenditure made by or on behalf of a 
national committee of a political party and in con-
nection with a presidential election shall be consid-
ered to be made in connection with the general elec-
tion campaign of a candidate for President of the 
United States who is affiliated with such party; and 
‘‘(ii) any communication made by or on behalf 
of such party shall be considered to be made in con-
nection with the general election campaign of a can-
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didate for President of the United States who is af-
filiated with such party if any portion of the commu-
nication is in connection with such election. 
‘‘(C) Any expenditure under this paragraph shall be 
in addition to any expenditure by a national committee 
of a political party serving as the principal campaign com-
mittee of a candidate for the office of President of the 
United States.’’. 
(b) CONFORMING AMENDMENTS RELATING TO TIM-
ING OF COST-OF-LIVING ADJUSTMENT.— 
(1) IN GENERAL.—Section 315(c)(1) of such 
Act (52 U.S.C. 30116(c)(1)), as amended by section 
2002(c)(1)(B), is amended— 
(A) in subparagraph (B), by striking ‘‘(d)’’ 
and inserting ‘‘(d)(3)’’; and 
(B) by inserting at the end the following 
new subparagraph: 
‘‘(D) In any calendar year after 2018— 
‘‘(i) the dollar amount in subsection (d)(2) shall 
be increased by the percent difference determined 
under subparagraph (A); 
‘‘(ii) the amount so increased shall remain in 
effect for the calendar year; and 
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‘‘(iii) if the amount after adjustment under 
clause (i) is not a multiple of $100, such amount 
shall be rounded to the nearest multiple of $100.’’. 
(2) BASE YEAR.—Section 315(c)(2)(B) of such 
Act (52 U.S.C. 30116(c)(2)(B)), as amended by sec-
tion 2002(c)(1)(B), is amended— 
(A) in clause (i)— 
(i) by striking ‘‘(d)’’ and inserting 
‘‘(d)(3)’’; and 
(ii) by striking ‘‘and’’ at the end; 
(B) in clause (ii), by striking the period at 
the end and inserting ‘‘; and’’; and 
(C) by adding at the end the following new 
clause: 
‘‘(iii) for purposes of subsection (d)(2), cal-
endar year 2017.’’. 
SEC. 2005. ESTABLISHMENT OF UNIFORM DATE FOR RE-
LEASE OF PAYMENTS. 
(a) DATE FOR PAYMENTS.— 
(1) IN GENERAL.—Section 9006(b) of the In-
ternal Revenue Code of 1986 is amended to read as 
follows: 
‘‘(b) PAYMENTS FROM THE FUND.—If the Secretary 
of the Treasury receives a certification from the Commis-
sion under section 9005 for payment to the eligible can-
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didates of a political party, the Secretary shall pay to such 
candidates out of the fund the amount certified by the 
Commission on the later of— 
‘‘(1) the last Friday occurring before the first 
Monday in September; or 
‘‘(2) 24 hours after receiving the certifications 
for the eligible candidates of all major political par-
ties. 
Amounts paid to any such candidates shall be under the 
control of such candidates.’’. 
(2) CONFORMING AMENDMENT.—The first sen-
tence of section 9006(c) of such Code is amended by 
striking ‘‘the time of a certification by the Commis-
sion under section 9005 for payment’’ and inserting 
‘‘the time of making a payment under subsection 
(b)’’. 
(b) TIME FOR CERTIFICATION.—Section 9005(a) of 
the Internal Revenue Code of 1986 is amended by striking 
‘‘10 days’’ and inserting ‘‘24 hours’’. 
SEC. 2006. AMOUNTS IN PRESIDENTIAL ELECTION CAM-
PAIGN FUND. 
(a) DETERMINATION OF AMOUNTS IN FUND.—Sec-
tion 9006(c) of the Internal Revenue Code of 1986 is 
amended by adding at the end the following new sentence: 
‘‘In making a determination of whether there are insuffi-
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cient moneys in the fund for purposes of the previous sen-
tence, the Secretary shall take into account in determining 
the balance of the fund for a Presidential election year 
the Secretary’s best estimate of the amount of moneys 
which will be deposited into the fund during the year, ex-
cept that the amount of the estimate may not exceed the 
average of the annual amounts deposited in the fund dur-
ing the previous 3 years.’’. 
(b) SPECIAL RULE FOR FIRST CAMPAIGN CYCLE 
UNDER THIS ACT.— 
(1) IN GENERAL.—Section 9006 of the Internal 
Revenue Code of 1986 is amended by adding at the 
end the following new subsection: 
‘‘(d) SPECIAL AUTHORITY TO BORROW.— 
‘‘(1) IN GENERAL.—Notwithstanding subsection 
(c), there are authorized to be appropriated to the 
fund, as repayable advances, such sums as are nec-
essary to carry out the purposes of the fund during 
the period ending on the first presidential election 
occurring after the date of the enactment of this 
subsection. 
‘‘(2) REPAYMENT OF ADVANCES.— 
‘‘(A) IN GENERAL.—Advances made to the 
fund shall be repaid, and interest on such ad-
vances shall be paid, to the general fund of the 
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Treasury when the Secretary determines that 
moneys are available for such purposes in the 
fund. 
‘‘(B) RATE OF INTEREST.—Interest on ad-
vances made to the fund shall be at a rate de-
termined by the Secretary of the Treasury (as 
of the close of the calendar month preceding the 
month in which the advance is made) to be 
equal to the current average market yield on 
outstanding marketable obligations of the 
United States with remaining periods to matu-
rity comparable to the anticipated period during 
which the advance will be outstanding and shall 
be compounded annually.’’. 
(2) EFFECTIVE DATE.—The amendment made 
by this subsection shall take effect January 1, 2018. 
SEC. 2007. USE OF GENERAL ELECTION PAYMENTS FOR 
GENERAL ELECTION LEGAL AND ACCOUNT-
ING COMPLIANCE. 
Section 9002(11) of the Internal Revenue Code of 
1986 is amended by adding at the end the following new 
sentence: ‘‘For purposes of subparagraph (A), an expense 
incurred by a candidate or authorized committee for gen-
eral election legal and accounting compliance purposes 
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shall be considered to be an expense to further the election 
of such candidate.’’. 
TITLE III—PUBLIC FINANCING 
FOR CONGRESSIONAL ELEC-
TION CAMPAIGNS 
SEC. 3001. BENEFITS AND ELIGIBILITY REQUIREMENTS 
FOR CONGRESSIONAL CANDIDATES. 
The Federal Election Campaign Act of 1971 (52 
U.S.C. 30101 et seq.) is amended by adding at the end 
the following: 
‘‘TITLE 
V—PUBLIC 
FINANCING 
OF 
CONGRESSIONAL 
ELEC-
TION CAMPAIGNS 
‘‘Subtitle A—Benefits 
‘‘SEC. 501. BENEFITS FOR PARTICIPATING CANDIDATES. 
‘‘(a) IN GENERAL.—If a candidate for election to the 
office of Senator or Representative in, or Delegate or Resi-
dent Commissioner to, the Congress is a participating can-
didate under this title with respect to an election for such 
office, the candidate shall be entitled to payments under 
this title, to be used only for authorized expenditures in 
connection with the election. 
‘‘(b) AMOUNT OF PAYMENT.— 
‘‘(1) MATCH OF QUALIFIED CONTRIBUTIONS.— 
Subject to paragraph (2), the amount of a payment 
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made to a participating candidate under this title 
shall be equal to 600 percent of the amount of quali-
fied contributions received by the candidate since the 
most recent payment made to the candidate under 
this title with respect to the election, as set forth— 
‘‘(A) in the case of the first payment made 
to the candidate with respect to the election, in 
the report filed under section 511(a)(2); and 
‘‘(B) in the case of any subsequent pay-
ment made to the candidate with respect to the 
election, in the report of qualified contributions 
filed under subsection (c). 
‘‘(2) LIMITATION.—In determining the amount 
of qualified contributions received by a candidate for 
purposes of making a payment under this section, 
there shall be disregarded any amount of contribu-
tions from any person to the extent that the total of 
the amounts contributed by such person for the elec-
tion exceeds $200. 
‘‘(c) REPORTS.— 
‘‘(1) IN
GENERAL.—Each participating can-
didate shall file reports of receipts of qualified con-
tributions at such times and in such manner as the 
Commission may by regulations prescribe. 
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‘‘(2) CONTENTS
OF
REPORTS.—Each report 
under this subsection shall disclose each qualified 
contribution received by the candidate since the most 
recent report filed under this section, and shall state 
the aggregate amount of all such qualified contribu-
tions received since the most recent report filed 
under this section. 
‘‘(3) FREQUENCY OF REPORTS.—Reports under 
this subsection shall be made no more frequently 
than— 
‘‘(A) once every month until the date that 
is 90 days before the date of the election; 
‘‘(B) once every week after the period de-
scribed in subparagraph (A) and until the date 
that is 21 days before the election; and 
‘‘(C) once every day after the period de-
scribed in subparagraph (B). 
‘‘(4) 
LIMITATION
ON
REGULATIONS.—The 
Commission may not prescribe any regulations with 
respect to reporting under this subsection with re-
spect to any election after the date that is 180 days 
before the date of such election. 
‘‘(d) LIMIT
ON
AGGREGATE
AMOUNT
OF
PAY-
MENTS.—The aggregate amount of payments that may be 
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made under this title to a participating candidate during 
an election cycle may not exceed— 
‘‘(1) $2,000,000, in the case of a candidate for 
the office of Representative in, or Delegate or Resi-
dent Commissioner to, the Congress; or 
‘‘(2) $10,000,000, in the case of a candidate for 
the office of Senator. 
‘‘(e) INFLATION ADJUSTMENT.—In each odd-num-
bered calendar year after 2018— 
‘‘(1) each of the dollar amounts under sub-
sections (b)(2), (d)(1), and (d)(2) shall be increased 
by the percent difference determined under section 
315(c)(1)(A) (determined by substituting ‘calendar 
year 2017’ for ‘the base period’); 
‘‘(2) each amount so increased shall remain in 
effect for the election cycle beginning on the first 
day following the year in which the amount is in-
creased; and 
‘‘(3) if any amount after adjustment under 
paragraph (1) is— 
‘‘(A) in the case of an amount under sub-
section (b)(2), not a multiple of $10, such 
amount shall be rounded to the nearest multiple 
of $10, and 
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‘‘(B) in the case of an amount under sub-
section (d), not a multiple of $1,000, such 
amount shall be rounded to the nearest multiple 
of $1,000. 
‘‘SEC. 502. ADMINISTRATION OF PAYMENTS. 
‘‘(a) TIMING.—The Commission shall make payments 
under this title to a participating candidate— 
‘‘(1) in the case of the first payment made to 
the candidate with respect to the election, not later 
than 48 hours after the date on which such can-
didate is certified as a participating candidate under 
section 513; and 
‘‘(2) in the case of any subsequent payment 
made to the candidate with respect to the election, 
not later than 5 business days after the receipt of 
a report made under section 501(c). 
‘‘(b) METHOD OF PAYMENT.—The Commission shall 
distribute funds available to participating candidates 
under this title through the use of an electronic funds ex-
change or a debit card. 
‘‘(c) APPEALS.—The Commission shall provide a 
written explanation with respect to any denial of any pay-
ment under this title and shall provide for the opportunity 
for review and reconsideration within 5 business days of 
such denial. 
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‘‘SEC. 503. QUALIFIED CONTRIBUTION DEFINED. 
‘‘In this title, the term ‘qualified contribution’ means, 
with respect to a candidate, a contribution that meets each 
of the following requirements: 
‘‘(1) The contribution is in an amount that is 
not greater than the limit on the amount of a con-
tribution that may be accepted by a participating 
candidate from an individual under section 521(a). 
‘‘(2) The contribution is made by an individual 
who is not otherwise prohibited from making a con-
tribution under this Act. 
‘‘(3) The contribution is not— 
‘‘(A) forwarded from the contributor by 
any person other than an individual; or 
‘‘(B) received by the candidate or an au-
thorized committee of the candidate from a con-
tributor or contributors, but credited by the 
committee or candidate to another person who 
is not an individual through records, designa-
tions, or other means of recognizing (whether in 
writing or not in writing) that a certain amount 
of money has been raised by such person. 
‘‘(4) The contribution meets the requirements 
of section 512(b). 
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‘‘Subtitle B—Eligibility and 
Certification 
‘‘SEC. 511. ELIGIBILITY. 
‘‘(a) IN GENERAL.—A candidate for the office of 
Senator or Representative in, or Delegate or Resident 
Commissioner to, the Congress is eligible to be certified 
as a participating candidate under this title with respect 
to an election if the candidate meets the following require-
ments: 
‘‘(1) During the election cycle for the office in-
volved, the candidate files with the Commission a 
statement of intent to seek certification as a partici-
pating candidate. 
‘‘(2) The candidate meets the qualified con-
tribution requirements of section 512 and submits to 
the Commission a report disclosing each qualified 
contribution received by the candidate and stating 
the aggregate amount of all such qualified contribu-
tions received. 
‘‘(3) Not later than the last day of the quali-
fying period, the candidate files with the Commis-
sion an affidavit signed by the candidate and the 
treasurer of the candidate’s principal campaign com-
mittee declaring that the candidate— 
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‘‘(A) has complied and, if certified, will 
comply with the contribution and expenditure 
requirements of section 521; 
‘‘(B) if certified, will run only as a partici-
pating candidate for all elections for the office 
that such candidate is seeking during the elec-
tion cycle; and 
‘‘(C) has either qualified or will take steps 
to qualify under State law to be on the ballot. 
‘‘(b) GENERAL ELECTION.—Notwithstanding sub-
section (a), a candidate shall not be eligible to receive a 
payment under this title for a general election or a general 
runoff election unless the candidate’s party nominated the 
candidate to be placed on the ballot for the general elec-
tion or the candidate is otherwise qualified to be on the 
ballot under State law. 
‘‘(c) QUALIFYING
PERIOD
DEFINED.—The term 
‘qualifying period’ means, with respect to any candidate 
for the office of Senator or Representative in, or Delegate 
or Resident Commissioner to, the Congress, the 120-day 
period (during the election cycle for such office) which be-
gins on the date on which the candidate files a statement 
of intent under section 511(a)(1), except that such period 
may not continue after the date that is 60 days before— 
‘‘(1) the date of the primary election; or 
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‘‘(2) in the case of a State that does not hold 
a primary election, the date prescribed by State law 
as the last day to qualify for a position on the gen-
eral election ballot. 
‘‘SEC. 512. QUALIFIED CONTRIBUTION REQUIREMENTS. 
‘‘(a) RECEIPT OF QUALIFIED CONTRIBUTIONS.— 
‘‘(1) IN GENERAL.—A candidate meets the re-
quirements of this section if, during the qualifying 
period described in section 511(c), the candidate ob-
tains— 
‘‘(A) a single qualified contribution from a 
number of individuals equal to or greater 
than— 
‘‘(i) in the case of a candidate for 
election the office of Representative in, or 
Delegate or Resident Commissioner to, the 
Congress, 400, or 
‘‘(ii) in the case of a candidate for the 
office of Senator, the product of 400 and 
the number of Congressional districts in 
the State involved as of the date of the 
election; and 
‘‘(B) a total dollar amount of qualified 
contributions equal to or greater than— 
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does not have a primary residence in the State in 
which such candidate is seeking election. 
‘‘(b) REQUIREMENTS RELATING
TO RECEIPT
OF 
QUALIFIED
CONTRIBUTION.—Each qualified contribu-
tion— 
‘‘(1) may be made by means of a personal 
check, money order, debit card, credit card, or elec-
tronic payment account; 
‘‘(2) shall be accompanied by a signed state-
ment containing the contributor’s name and the con-
tributor’s address in the State in which the primary 
residence of the contributor is located; and 
‘‘(3) shall be acknowledged by a receipt that is 
sent to the contributor with a copy kept by the can-
didate for the Commission and a copy kept by the 
candidate for the election authorities in the State 
with respect to which the candidate is seeking elec-
tion. 
‘‘(c) PROHIBITING PAYMENT ON COMMISSION BASIS 
OF INDIVIDUALS COLLECTING QUALIFIED CONTRIBU-
TIONS.—No person may be paid a commission on a per 
qualified contribution basis for collecting qualified con-
tributions. 
‘‘SEC. 513. CERTIFICATION. 
‘‘(a) DEADLINE AND NOTIFICATION.— 
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‘‘(1) IN
GENERAL.—Not later than 10 days 
after a candidate files an affidavit under section 
511(a)(3), the Commission shall— 
‘‘(A) determine whether or not the can-
didate meets the requirements for certification 
as a participating candidate; 
‘‘(B) if the Commission determines that 
the candidate meets such requirements, certify 
the candidate as a participating candidate; and 
‘‘(C) notify the candidate of the Commis-
sion’s determination. 
‘‘(2) DEEMED CERTIFICATION FOR ALL ELEC-
TIONS IN ELECTION CYCLE.—If the Commission cer-
tifies a candidate as a participating candidate with 
respect to the first election of the election cycle in-
volved, the Commissioner shall be deemed to have 
certified the candidate as a participating candidate 
with respect to all subsequent elections of the elec-
tion cycle. 
‘‘(b) REVOCATION OF CERTIFICATION.— 
‘‘(1) IN GENERAL.—The Commission may re-
voke a certification under subsection (a) if— 
‘‘(A) a candidate fails to qualify to appear 
on the ballot at any time after the date of cer-
tification (other than a candidate certified as a 
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participating candidate with respect to a pri-
mary election who fails to qualify to appear on 
the ballot for a subsequent election in that elec-
tion cycle); or 
‘‘(B) a candidate otherwise fails to comply 
with the requirements of this title, including 
any regulatory requirements prescribed by the 
Commission. 
‘‘(2) REPAYMENT
OF
BENEFITS.—If certifi-
cation is revoked under paragraph (1), the candidate 
shall repay to the Empowering Citizens Payment Ac-
count of the Presidential Election Campaign Fund 
(established under section 9051 of the Internal Rev-
enue Code of 1986) an amount equal to the value 
of benefits received under this title with respect to 
the election cycle involved plus interest (at a rate de-
termined by the Commission) on any such amount 
received. 
‘‘(c) PARTICIPATING CANDIDATE DEFINED.—In this 
title, a ‘participating candidate’ means a candidate for the 
office of Senator or Representative in, or Delegate or Resi-
dent Commissioner to, the Congress who is certified under 
this section as eligible to receive benefits under this title. 
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‘‘Subtitle C—Requirements for Can-
didates 
Certified 
as 
Partici-
pating Candidates 
‘‘SEC. 521. RESTRICTIONS ON CERTAIN CONTRIBUTIONS 
AND EXPENDITURES. 
‘‘(a) REDUCTION IN OTHERWISE APPLICABLE CON-
TRIBUTION LIMITS.— 
‘‘(1) IN GENERAL.—In the case of a candidate 
who is certified as a participating candidate under 
this title with respect to an election, each limit appli-
cable under paragraph (1)(A) and paragraph (2)(A) 
of section 315(a) to the amount of a contribution 
which may be made to the candidate and any au-
thorized committee of the candidate with respect to 
the election shall be equal to $1,000 for the election. 
‘‘(2) INFLATION ADJUSTMENT.—In each odd- 
numbered calendar year after 2018— 
‘‘(A) the $1,000 amount under paragraph 
(1) shall be increased by the percent difference 
determined under section 315(c)(1)(A) (deter-
mined by substituting ‘calendar year 2017’ for 
‘the base period’); 
‘‘(B) the amount so increased shall remain 
in effect for the election cycle beginning on the 
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first day following the year in which the amount 
is increased; and 
‘‘(C) if any amount after adjustment under 
subparagraph (A) not a multiple of $100, such 
amount shall be rounded to the nearest multiple 
of $100. 
‘‘(b) PROHIBITING ACCEPTANCE OF CONTRIBUTIONS 
BUNDLED
BY REGISTERED LOBBYISTS.—A candidate 
who is certified as a participating candidate under this 
title with respect to an election, and any authorized com-
mittee of such a candidate, may not accept any contribu-
tion with respect to the election which is a bundled con-
tribution (as defined in section 304(i)(8)) forwarded by 
or credited to a person described in section 304(i)(7). 
‘‘(c) LIMIT
ON EXPENDITURES FROM PERSONAL 
FUNDS.—A candidate who is certified as a participating 
candidate under this title may not make expenditures from 
personal funds (as defined in section 304(a)(6)(B)) in an 
aggregate amount exceeding $50,000 with respect to any 
election in the election cycle involved. 
‘‘(d) PROHIBITING SOLICITATION OF FUNDS FOR PO-
LITICAL PARTY COMMITTEES.—A candidate who is cer-
tified as a participating candidate under this title may not 
solicit funds for any political committee of a political 
party, except that the candidate may solicit funds for a 
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separate account of the committee which is established 
under section 315(d)(5). 
‘‘SEC. 522. REMITTING UNSPENT FUNDS AFTER ELECTION. 
‘‘(a) IN GENERAL.—Not later than the date that is 
60 days after the last election for which a candidate cer-
tified as a participating candidate qualifies to be on the 
ballot during the election cycle involved, such participating 
candidate shall remit to the Commission for deposit in the 
Empowering Citizens Payment Account of the Presi-
dential Election Campaign Fund (established under sec-
tion 9051 of the Internal Revenue Code of 1986) an 
amount equal to the lesser of— 
‘‘(1) the amount of money in the candidate’s 
campaign account; or 
‘‘(2) the amount of the payments received by 
the candidate under this title. 
‘‘(b) EXCEPTION
FOR EXPENDITURES INCURRED 
BUT NOT PAID AS OF DATE OF REMITTANCE.— 
‘‘(1) IN GENERAL.—Subject to subsection (a), a 
candidate may withhold from the amount required to 
be remitted under paragraph (1) of such subsection 
the amount of any authorized expenditures which 
were incurred in connection with the candidate’s 
campaign but which remain unpaid as of the dead-
line applicable to the candidate under such sub-
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section, except that any amount withheld pursuant 
to this paragraph shall be remitted to the Commis-
sion not later than 120 days after the date of the 
election to which such subsection applies. 
‘‘(2) DOCUMENTATION
REQUIRED.—A can-
didate may withhold an amount of an expenditure 
pursuant to paragraph (1) only if the candidate sub-
mits documentation of the expenditure and the 
amount to the Commission not later than the dead-
line applicable to the candidate under subsection (a). 
‘‘Subtitle D—Administrative 
Provisions 
‘‘SEC. 531. ADMINISTRATION BY COMMISSION. 
‘‘The Commission shall prescribe regulations to carry 
out the purposes of this title, including regulations to es-
tablish procedures for— 
‘‘(1) verifying the amount of qualified contribu-
tions with respect to a candidate; 
‘‘(2) effectively and efficiently monitoring and 
enforcing the limits on the raising of qualified con-
tributions; 
‘‘(3) effectively and efficiently monitoring and 
enforcing the limits on the use of personal funds by 
participating candidates; and 
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‘‘(4) monitoring the use of payments under this 
title through audits of not fewer than 1⁄3 of all par-
ticipating candidates or other mechanisms. 
‘‘SEC. 532. VIOLATIONS AND PENALTIES. 
‘‘(a) CIVIL PENALTY FOR VIOLATION OF CONTRIBU-
TION
AND EXPENDITURE REQUIREMENTS.—If a can-
didate who has been certified as a participating candidate 
accepts a contribution or makes an expenditure that is 
prohibited under section 521, the Commission shall assess 
a civil penalty against the candidate in an amount that 
is not more than 3 times the amount of the contribution 
or expenditure. Any amounts collected under this sub-
section shall be deposited into the Empowering Citizens 
Payment Account of the Presidential Election Campaign 
Fund (established under section 9051 of the Internal Rev-
enue Code of 1986). 
‘‘(b) REPAYMENT FOR IMPROPER USE OF EMPOW-
ERING CITIZENS PAYMENT ACCOUNT.— 
‘‘(1) IN GENERAL.—If the Commission deter-
mines that any benefit made available to a partici-
pating candidate was not used as provided for in 
this title or that a participating candidate has vio-
lated any of the dates for remission of funds con-
tained in this title, the Commission shall so notify 
the candidate and the candidate shall pay to the 
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Empowering Citizens Payment Account of the Presi-
dential Election Campaign Fund an amount equal 
to— 
‘‘(A) the amount of benefits so used or not 
remitted, as appropriate; and 
‘‘(B) interest on any such amounts (at a 
rate determined by the Commission). 
‘‘(2) OTHER
ACTION
NOT
PRECLUDED.—Any 
action by the Commission in accordance with this 
subsection shall not preclude enforcement pro-
ceedings by the Commission in accordance with sec-
tion 309(a), including a referral by the Commission 
to the Attorney General in the case of an apparent 
knowing and willful violation of this title. 
‘‘SEC. 533. ELECTION CYCLE DEFINED. 
‘‘In this title, the term ‘election cycle’ means, with 
respect to an election for the office of Senator or Rep-
resentative in, or Delegate or Resident Commissioner to, 
the Congress, the period beginning on the day after the 
date of the most recent general election for that office (or, 
if the general election resulted in a runoff election, the 
date of the runoff election) and ending on the date of the 
next general election for that office (or, if the general elec-
tion resulted in a runoff election, the date of the runoff 
election).’’. 
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SEC. 3002. PERMITTING UNLIMITED COORDINATED EX-
PENDITURES BY POLITICAL PARTY COMMIT-
TEES ON BEHALF OF PARTICIPATING CAN-
DIDATES IF EXPENDITURES ARE DERIVED 
FROM SMALL DOLLAR CONTRIBUTIONS. 
Section 315(d) of the Federal Election Campaign Act 
of 1971 (52 U.S.C. 30116(d)), as amended by section 
2101(b) of Division N of the Consolidated and Further 
Continuing Appropriations Act, 2015 (Public Law 113– 
235; 128 Stat. 2773), is amended by adding at the end 
the following new paragraph: 
‘‘(6) In determining the amount of expenditures 
made by a committee under paragraph (3) in connection 
with the campaign of a candidate who is certified as a 
participating candidate under title V, there shall be ex-
cluded any expenditures which are derived from a separate 
account established by the committee for which the only 
sources of funds are contributions made during the elec-
tion cycle in an amount which does not exceed $1,000 per 
contributor.’’. 
SEC. 3003. PROHIBITING USE OF CONTRIBUTIONS BY PAR-
TICIPATING 
CANDIDATES 
FOR 
PURPOSES 
OTHER THAN CAMPAIGN FOR ELECTION. 
Section 313 of the Federal Election Campaign Act 
of 1971 (52 U.S.C. 30114) is amended by adding at the 
end the following new subsection: 
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‘‘(d) RESTRICTIONS ON PERMITTED USES OF FUNDS 
BY
CANDIDATES
RECEIVING
MATCHING
PUBLIC 
FUNDS.—Notwithstanding paragraph (2), (3), or (4) of 
subsection (a), if a candidate for election for the office 
of Senator or Representative in, or Delegate or Resident 
Commissioner to, the Congress is certified as a partici-
pating candidate under title V with respect to the election, 
any contribution which the candidate is permitted to ac-
cept under such title may be used only for authorized ex-
penditures in connection with the candidate’s campaign 
for such office.’’. 
TITLE 
IV—USE 
OF 
PRESI-
DENTIAL 
ELECTION 
CAM-
PAIGN FUND FOR PUBLIC FI-
NANCING OF FEDERAL ELEC-
TIONS 
SEC. 4001. USE OF PRESIDENTIAL ELECTION CAMPAIGN 
FUND FOR CONGRESSIONAL CANDIDATES. 
Subtitle H of the Internal Revenue Code of 1986 is 
amended by adding at the end the following new chapter: 
‘‘CHAPTER 97—EMPOWERING CITIZENS 
PAYMENT ACCOUNT 
‘‘Sec. 9051. Payments to Congressional candidates. 
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‘‘SEC. 9051. PAYMENTS TO CONGRESSIONAL CANDIDATES. 
‘‘(a) ESTABLISHMENT OF ACCOUNT.—The Secretary 
shall maintain in the Presidential Election Campaign 
Fund established by section 9006(a), in addition to any 
account which he maintains under such section, a separate 
account to be known as the Empowering Citizens Payment 
Account (hereinafter in this section referred to as the ‘Ac-
count’). 
‘‘(b) AMOUNTS TRANSFERRED TO ACCOUNT.— 
‘‘(1) IN GENERAL.—The Secretary shall deposit 
into the Account the excess of— 
‘‘(A) the balance of the Federal Election 
Campaign Fund (determined without regard to 
the Account), over 
‘‘(B) the amount determined by the Sec-
retary to be required for payments under sec-
tion 9006(c) and for payments under section 
9037(b). 
‘‘(2) SUPPLEMENTAL TRANSFERS.—There are 
hereby appropriated to the Account an amount equal 
to the excess (if any) of— 
‘‘(A) the amount required to provide pay-
ments to candidates for election to the office of 
Senator or Representative in, or Delegate or 
Resident Commissioner to, the Congress who 
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are participating candidates under title V of the 
Federal Election Campaign Act of 1971, over 
‘‘(B) the amounts transferred to such Ac-
count under paragraph (1). 
‘‘(c) USE OF ACCOUNT FOR PAYMENTS TO CONGRES-
SIONAL CANDIDATES PARTICIPATING IN PUBLIC FINANC-
ING PROGRAM.—The Secretary shall transfer amounts in 
the Account to the Federal Election Commission, at such 
times and in such amounts as the Federal Election Com-
mission may certify, for payments to candidates for elec-
tion to the office of Senator or Representative in, or Dele-
gate or Resident Commissioner to, the Congress who are 
participating candidates under title V of the Federal Elec-
tion Campaign Act of 1971.’’. 
SEC. 4002. REVISIONS TO DESIGNATION OF INCOME TAX 
PAYMENTS BY INDIVIDUAL TAXPAYERS. 
(a) INCREASE IN AMOUNT DESIGNATED.—Section 
6096(a) of the Internal Revenue Code of 1986 is amend-
ed— 
(1) in the first sentence, by striking ‘‘$3’’ each 
place it appears and inserting ‘‘$20’’; and 
(2) in the second sentence— 
(A) by striking ‘‘$6’’ and inserting ‘‘$40’’; 
and 
(B) by striking ‘‘$3’’ and inserting ‘‘$20’’. 
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(b) INDEXING.—Section 6096 of such Code is amend-
ed by adding at the end the following new subsection: 
‘‘(d) INDEXING OF AMOUNT DESIGNATED.— 
‘‘(1) IN GENERAL.—With respect to each tax-
able year after 2017, each amount referred to in 
subsection (a) shall be increased by the percent dif-
ference described in paragraph (2), except that if 
any such amount after such an increase is not a 
multiple of $1, such amount shall be rounded to the 
nearest multiple of $1. 
‘‘(2) PERCENT DIFFERENCE DESCRIBED.—The 
percent difference described in this paragraph with 
respect to a taxable year is the percent difference 
determined under section 315(c)(1)(A) of the Fed-
eral Election Campaign Act of 1971 with respect to 
the calendar year during which the taxable year be-
gins, except that the base year involved shall be 
2016.’’. 
(c) ENSURING TAX PREPARATION SOFTWARE DOES 
NOT PROVIDE AUTOMATIC RESPONSE TO DESIGNATION 
QUESTION.—Section 6096 of such Code, as amended by 
subsection (b), is amended by adding at the end the fol-
lowing new subsection: 
‘‘(e) ENSURING TAX PREPARATION SOFTWARE DOES 
NOT PROVIDE AUTOMATIC RESPONSE TO DESIGNATION 
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QUESTION.—The Secretary shall promulgate regulations 
to ensure that electronic software used in the preparation 
or filing of individual income tax returns does not auto-
matically accept or decline a designation of a payment 
under this section.’’. 
(d) PUBLIC INFORMATION PROGRAM ON DESIGNA-
TION.—Section 6096 of such Code, as amended by sub-
sections (b) and (c), is amended by adding at the end the 
following new subsection: 
‘‘(f) PUBLIC INFORMATION PROGRAM.— 
‘‘(1) IN GENERAL.—The Federal Election Com-
mission shall conduct a program to inform and edu-
cate the public regarding the purposes of the Presi-
dential Election Campaign Fund, the procedures for 
the designation of payments under this section, and 
the effect of such a designation on the income tax 
liability of taxpayers. 
‘‘(2) USE OF FUNDS FOR PROGRAM.—Amounts 
in the Presidential Election Campaign Fund shall be 
made available to the Federal Election Commission 
to carry out the program under this subsection.’’. 
(e) EFFECTIVE DATE.—The amendments made by 
this section shall take effect January 1, 2018. 
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SEC. 4003. DONATION TO PRESIDENTIAL ELECTION CAM-
PAIGN FUND. 
(a) GENERAL RULE.—Every taxpayer who makes a 
return of the tax imposed by subtitle A of the Internal 
Revenue Code of 1986 for any taxable year ending after 
December 31, 2017, may donate an amount (not less than 
$1), in addition to any designation of income tax liability 
under section 6096 of such Code for such taxable year, 
which shall be deposited in the general fund of the Treas-
ury. 
(b) MANNER AND TIME OF DESIGNATION.—Any do-
nation under subsection (a) for any taxable year— 
(1) shall be made at the time of filing the re-
turn of the tax imposed by subtitle A of such Code 
for such taxable year and in such manner as the 
Secretary may by regulation prescribe, except that— 
(A) the designation for such donation shall 
be either on the first page of the return or on 
the page bearing the taxpayer’s signature, and 
(B) the designation shall be by a box 
added to the return, and the text beside the box 
shall provide: 
‘‘By checking here, I signify that in 
addition to my tax liability (if any), I 
would like to donate the included payment 
to be used exclusively as a contribution to 
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the 
Presidential 
Election 
Campaign 
Fund.’’, and 
(2) shall be accompanied by a payment of the 
amount so designated. 
(c) TRANSFERS TO PRESIDENTIAL ELECTION CAM-
PAIGN FUND.—The Secretary shall, from time to time, 
transfer to the Presidential Election Campaign Fund es-
tablished under section 9006(a) of such Code amounts 
equal to the amounts donated under this section. 
TITLE V—OTHER CAMPAIGN 
FINANCE REFORMS 
SEC. 5001. REGULATIONS WITH RESPECT TO BEST EFFORTS 
FOR IDENTIFYING PERSONS MAKING CON-
TRIBUTIONS. 
Not later than 6 months after the date of enactment 
of this Act, the Federal Election Commission shall pro-
mulgate regulations with respect to what constitutes best 
efforts under section 302(i) of the Federal Election Cam-
paign Act of 1971 (52 U.S.C. 30102(i)) for determining 
the identification of persons making contributions to polit-
ical committees, including the identifications of persons 
making contributions over the Internet or by credit card. 
Such regulations shall include a requirement that in the 
case of contributions made by a credit card, the political 
committee shall ensure that the name on the credit card 
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used to make the contribution matches the name of the 
person making the contribution. 
SEC. 5002. RULES RELATING TO JOINT FUNDRAISING COM-
MITTEES. 
(a) PROHIBITION ON JOINT FUNDRAISING COMMIT-
TEES FOR CANDIDATES.— 
(1) IN GENERAL.—Section 302(e) of the Fed-
eral Election Campaign Act of 1971 (52 U.S.C. 
30102(e)) is amended by adding at the end the fol-
lowing new paragraph: 
‘‘(6) No authorized committee of a candidate may es-
tablish, participate in, or have any involvement with any 
joint fundraising committee.’’. 
(2) 
CONFORMING
AMENDMENT.—Section 
302(e)(3)(A) of such Act (52 U.S.C. 30102(e)(3)) is 
amended— 
(A) by striking ‘‘except that’’ and all that 
follows through ‘‘the candidate’’ and inserting 
‘‘except that the candidate’’, 
(B) by striking ‘‘; and’’ and inserting a pe-
riod, and 
(C) by striking clause (ii). 
(b) LIMITATION ON JOINT FUNDRAISING COMMIT-
TEES FOR PARTY COMMITTEES.—Section 302 of the Fed-
eral Election Campaign Act of 1971 (52 U.S.C. 30102) 
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is amended by adding at the end the following new sub-
section: 
‘‘(j) PARTICIPATION
OF PARTY COMMITTEES
IN 
JOINT FUNDRAISING COMMITTEES.—No committee of a 
political party may establish, participate in, or have any 
involvement with any joint fundraising committee other 
than a joint fundraising committee that consists of the 
national committee of a political party and one other com-
mittee of the political party.’’. 
(c) EFFECTIVE DATE.—The amendments made by 
this section shall take effect on January 1, 2018. 
SEC. 5003. DISCLOSURE OF BUNDLED CONTRIBUTIONS TO 
PRESIDENTIAL 
CAMPAIGNS; 
INCREASE 
IN 
THRESHOLD FOR BUNDLED CONTRIBUTIONS 
BY LOBBYISTS. 
(a) IN GENERAL.—Paragraphs (1) through (3) of 
section 304(i) of the Federal Election Campaign Act of 
1971 (52 U.S.C. 30104(i)) are amended to read as fol-
lows: 
‘‘(1) IN GENERAL.— 
‘‘(A) DISCLOSURE
OF
BUNDLED
CON-
TRIBUTIONS BY LOBBYISTS.—Each committee 
described in paragraph (6) shall include in the 
first report required to be filed under this sec-
tion after each covered period (as defined in 
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paragraph (2)) a separate schedule setting forth 
the name, address, and employer of each person 
reasonably known by the committee to be a per-
son described in paragraph (7) who provided 
two or more bundled contributions to the com-
mittee in an aggregate amount greater than the 
applicable threshold (as defined in paragraph 
(3)) during the covered period, and the aggre-
gate amount of the bundled contributions pro-
vided by each such person during the covered 
period. 
‘‘(B) DISCLOSURE
OF
BUNDLED
CON-
TRIBUTIONS
BY
POLITICAL
COMMITTEES.— 
Each committee described in paragraph (6) 
shall include in the first report required to be 
filed under this section after each covered pe-
riod (as defined in paragraph (2)) a separate 
schedule setting forth the name of each political 
committee (other than a committee of a polit-
ical party) which provided two or more bundled 
contributions to the committee in an aggregate 
amount greater than the applicable threshold 
(as defined in paragraph (3)) during the cov-
ered period, and the aggregate amount of the 
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bundled contributions provided by each such po-
litical committee during the covered period. 
‘‘(C) DISCLOSURE
OF
BUNDLED
CON-
TRIBUTIONS
TO
PRESIDENTIAL
CAMPAIGNS.— 
Each committee which is an authorized com-
mittee of a candidate for the office of President 
or for nomination to such office shall include in 
the first report required to be filed under this 
section after each covered period (as defined in 
paragraph (2)) a separate schedule setting forth 
the name, address, and employer of each person 
who provided two or more bundled contribu-
tions to the committee in an aggregate amount 
greater than the applicable threshold (as de-
fined in paragraph (3)) during the election 
cycle, and the aggregate amount of the bundled 
contributions provided by each such person dur-
ing the covered period and such election cycle. 
Such schedule shall include a separate listing of 
the name, address, and employer of each person 
included on such schedule who is reasonably 
known by the committee to be a person de-
scribed in paragraph (7), together with the ag-
gregate amount of bundled contributions pro-
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vided by such person during such period and 
such cycle. 
‘‘(2) COVERED PERIOD.—In this subsection, a 
‘covered period’ means— 
‘‘(A) with respect to a committee which is 
an authorized committee of a candidate for the 
office of President or for nomination to such of-
fice— 
‘‘(i) the 4-year election cycle ending 
with the date of the election for the office 
of the President; and 
‘‘(ii) any reporting period applicable 
to the committee under this section during 
which any person provided two or more 
bundled contributions to the committee; 
and 
‘‘(B) with respect to any other com-
mittee— 
‘‘(i) the period beginning January 1 
and ending June 30 of each year; 
‘‘(ii) the period beginning July 1 and 
ending December 31 of each year; and 
‘‘(iii) any reporting period applicable 
to the committee under this section during 
which any person described in paragraph 
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(7) provided two or more bundled contribu-
tions to the committee in an aggregate 
amount greater than the applicable thresh-
old. 
‘‘(3) APPLICABLE THRESHOLD.— 
‘‘(A) IN GENERAL.—In this subsection, the 
‘applicable threshold’ is— 
‘‘(i) $50,000 in the case of a com-
mittee which is an authorized committee of 
a candidate for the office of President or 
for nomination to such office; and 
‘‘(ii) $25,000 in the case of any other 
committee. 
In determining whether the amount of bundled 
contributions provided to a committee by a per-
son exceeds the applicable threshold, there shall 
be excluded any contribution made to the com-
mittee by the person or the person’s spouse. 
‘‘(B) INDEXING.—In any calendar year 
after 2018, section 315(c)(1)(B) shall apply to 
each amount applicable under subparagraph 
(A) in the same manner as such section applies 
to the limitations established under subsections 
(a)(1)(A), (a)(1)(B), (a)(3), and (h) of such 
section, except that for purposes of applying 
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necessary, including orders to require interveners taking 
similar positions to file joint papers or to be represented 
by a single attorney at oral argument. 
‘‘(c) CHALLENGE BY MEMBERS OF CONGRESS.—Any 
Member of Congress may bring an action, subject to the 
special rules described in subsection (a), for declaratory 
or injunctive relief to challenge the constitutionality of any 
provision of this Act or chapter 95 or 96 of the Internal 
Revenue Code of 1986.’’. 
(b) CONFORMING AMENDMENTS.— 
(1) IN GENERAL.— 
(A) Section 9011 of the Internal Revenue 
Code of 1986 is amended to read as follows: 
‘‘SEC. 9011. JUDICIAL REVIEW. 
‘‘For provisions relating to judicial review of certifi-
cations, determinations, and actions by the Commission 
under this chapter, see section 407 of the Federal Election 
Campaign Act of 1971.’’. 
(B) Section 9041 of the Internal Revenue 
Code of 1986 is amended to read as follows: 
‘‘SEC. 9041. JUDICIAL REVIEW. 
‘‘For provisions relating to judicial review of actions 
by the Commission under this chapter, see section 407 of 
the Federal Election Campaign Act of 1971.’’. 
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