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 
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 on the date of the 
enactment of this Act. 
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SEC. 9. REGULATION OF CONVENTION FINANCING. 
Section 323 of the Federal Election Campaign Act 
of 1971 (2 U.S.C. 441i) is amended by adding at the end 
the following new subsection: 
‘‘(g) NATIONAL CONVENTIONS.— 
‘‘(1) IN
GENERAL.—Any person described in 
subsection (e) (other than a person described in 
paragraph (3)) shall not solicit, receive, direct, 
transfer, or spend any funds in connection with a 
presidential nominating convention of any political 
party, including funds for a host committee, civic 
committee, municipality, or any other person or enti-
ty spending funds in connection with such a conven-
tion, unless such funds— 
‘‘(A) are not in excess of the amounts per-
mitted with respect to contributions to the po-
litical committee established and maintained by 
a national political party committee under sec-
tion 315; and 
‘‘(B) are not from a sources prohibited by 
this Act from making contributions in connec-
tion with an election for Federal office. 
‘‘(2) EXCEPTION
FOR
CERTAIN
PAYMENTS.— 
Paragraph (1) shall not apply to— 
‘‘(A) payments by a Federal, State, or 
local government if the funds used for the pay-
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ments are from the general public tax revenues 
of such government and are not derived from 
donations made to a State or local government 
for purposes of any convention; and 
‘‘(B) payments by any person for the pur-
pose of promoting the suitability of a city as a 
convention site in advance of its selection, wel-
coming convention attendees to the city, or pro-
viding shopping or entertainment guides to con-
vention attendees. 
‘‘(3) CERTAIN PERSONS EXCLUDED.—A person 
described in this paragraph is a person described in 
subsection (e) for whom the Federal office referred 
to in that subsection is the office of Senator or Rep-
resentative in, or Delegate or Resident Commis-
sioner to, the Congress from the State in which the 
presidential nominating convention is held.’’. 
SEC. 10. DISCLOSURE OF BUNDLED CONTRIBUTIONS TO 
PRESIDENTIAL CAMPAIGNS. 
(a) IN GENERAL.—Paragraphs (1) through (3) of 
section 304(i) of the Federal Election Campaign Act of 
1971 (2 U.S.C. 434(i)), as added by section 204(a) of the 
Honest Leadership and Open Government Act of 2007, 
are amended to read as follows: 
‘‘(1) IN GENERAL.— 
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‘‘(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 
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 2 
or more bundled contributions to the committee 
in an aggregate amount greater than the appli-
cable threshold (as defined in paragraph (3)) 
during the covered period, and the aggregate 
amount of the bundled contributions provided 
by each such person during the covered period. 
‘‘(B) 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 2 or more bundled contributions 
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to the committee in an aggregate amount great-
er than the applicable threshold (as defined in 
paragraph (3)) during the election cycle, and 
the aggregate amount of the bundled contribu-
tions provided by each such person during the 
covered period and such election cycle. Such 
schedule shall include a separate listing of the 
name, address, and employer of each person in-
cluded 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-
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 
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which any person provided 2 or more bun-
dled 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 
(7) provided 2 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) $15,000 in the case of any other 
committee. 
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