(1) by striking ‘‘and’’ at the end of paragraph
(9);
(2) by striking the period at the end of para-
graph (10) and inserting ‘‘; and’’; and
(3) by adding at the end the following new
paragraph:
‘‘(11) through competitive bidding, obtain and
provide for computer software required to carry out
section 304(a)(11).’’.
(c) INTERNET DEFINED.—Section 301 of such Act
(2 U.S.C. 431) is amended by striking paragraph (19) and
inserting the following new paragraph:
‘‘(19) The term ‘Internet’ means the international
computer network of both Federal and non-Federal inter-
operable packet-switched data networks.’’.
SEC. 3. REQUIRING REPORTING OF ALL CONTRIBUTIONS
OF $100 OR MORE WITHIN 10 DAYS OF RE-
CEIPT.
Section 304 of the Federal Election Campaign Act
of 1971 (2 U.S.C. 434) is amended by adding at the end
the following new subsection:
‘‘(d)(1) If a political committee is required under sub-
section (a)(11)(B)(ii) to file reports under this Act elec-
tronically during an election cycle, the committee shall file
a report with the Commission listing each contribution of
$100 or more received by the committee during the cycle
after the date on which such subsection first applies to
the committee. The committee shall file such report not
later than 10 days after receipt, and shall include the iden-
tification of the contributor, the date of receipt and
amount of the contribution, and (in the case of an author-
ized committee of a candidate) the name of the candidate
and the office sought by the candidate.
‘‘(2) The report required under this paragraph shall
be in addition to all other reports required under this
Act.’’.
SEC. 4. EXPANDING TYPES OF CONTRIBUTIONS TO PRIN-
CIPAL CAMPAIGN COMMITTEES SUBJECT TO
EXPEDITED REPORTING; SHORTENING DEAD-
LINE FOR REPORTING TO WITHIN 24 HOURS
OF RECEIPT.
Section 304(a)(6) of the Federal Election Campaign
Act of 1971 (2 U.S.C. 434(a)(6)) is amended—
(1) by redesignating subparagraph (B) as sub-
paragraph (C); and
(2) by inserting after subparagraph (A) the fol-
lowing new subparagraph:
‘‘(B) In the case of a principal campaign committee
which is required under subsection (a)(11)(B)(ii) to file
reports under this Act electronically during an election
cycle, subparagraph (A) shall apply with respect to any
contribution received by the committee after the date on
which such subsection first applies to the committee as
if—
‘‘(i) the reference to ‘$1,000’ were a reference
to ‘$100’;
‘‘(ii) the reference to ‘20th day’ were a ref-
erence to ‘90th day’; and
‘‘(iii) the reference in the second sentence to
‘48 hours’ were a reference to ‘24 hours’.’’.
SEC. 5. ELECTION CYCLE DEFINED.
Section 301 of the Federal Election Campaign Act
of 1971 (2 U.S.C. 431) is amended by striking paragraph
(19) and inserting the following new paragraph:
‘‘(19) The term ‘election cycle’ means—
‘‘(A) in the case of a candidate or the author-
ized committees of a candidate, the term beginning
on the day after the date of the most recent general
election for the specific office or seat which such
candidate seeks and ending on the date of the next
general election for such office or seat; or
‘‘(B) for all other persons, the term beginning
on the first day following the date of the last general
election and ending on the date of the next general
election.’’.
SEC. 6. EFFECTIVE DATE.
The amendments made by this Act shall apply with
respect to elections occurring after January 1999.
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