TITLE II—NONCANDIDATE
CAMPAIGN EXPENDITURES
Subtitle A—Electioneering
Communications
SEC. 201. DISCLOSURE OF ELECTIONEERING COMMUNICA-
TIONS.
(a) IN GENERAL.—Section 304 of the Federal Elec-
tion Campaign Act of 1971 (2 U.S.C. 434), as amended
by section 103, is amended by adding at the end the fol-
lowing new subsection:
‘‘(f) DISCLOSURE OF ELECTIONEERING COMMUNICA-
TIONS.—
‘‘(1) STATEMENT
REQUIRED.—Every person
who makes a disbursement for the direct costs of
producing and airing electioneering communications
in an aggregate amount in excess of $10,000 during
any calendar year shall, within 24 hours of each dis-
closure date, file with the Commission a statement
containing the information described in paragraph
(2).
‘‘(2) CONTENTS OF STATEMENT.—Each state-
ment required to be filed under this subsection shall
be made under penalty of perjury and shall contain
the following information:
‘‘(A) The identification of the person mak-
ing the disbursement, of any person sharing or
exercising direction or control over the activities
of such person, and of the custodian of the
books and accounts of the person making the
disbursement.
‘‘(B) The principal place of business of the
person making the disbursement, if not an indi-
vidual.
‘‘(C) The amount of each disbursement of
more than $200 during the period covered by
the statement and the identification of the per-
son to whom the disbursement was made.
‘‘(D) The elections to which the election-
eering communications pertain and the names
(if known) of the candidates identified or to be
identified.
‘‘(E) If the disbursements were paid out of
a segregated bank account which consists of
funds contributed solely by individuals who are
United States citizens or nationals or lawfully
admitted for permanent residence as defined in
section 1101(a)(2) of the Immigration and Na-
tionality Act (8 U.S.C. 1101(a)(2)) directly to
this account for electioneering communications,
the names and addresses of all contributors who
contributed an aggregate amount of $1,000 or
more to that account during the period begin-
ning on the first day of the preceding calendar
year and ending on the disclosure date. Nothing
in this subparagraph is to be construed as a
prohibition on the use of funds in such a seg-
regated account for a purpose other than elec-
tioneering communications.
‘‘(F) If the disbursements were paid out of
funds not described in subparagraph (E), the
names and addresses of all contributors who
contributed an aggregate amount of $1,000 or
more to the person making the disbursement
during the period beginning on the first day of
the preceding calendar year and ending on the
disclosure date.
‘‘(3) ELECTIONEERING COMMUNICATION.—For
purposes of this subsection—
‘‘(A) IN GENERAL.—(i) The term ‘election-
eering communication’ means any broadcast,
cable, or satellite communication which—
‘‘(I) refers to a clearly identified can-
didate for Federal office;
‘‘(II) is made within—
‘‘(aa) 60 days before a general,
special, or runoff election for the of-
fice sought by the candidate; or
‘‘(bb) 30 days before a primary
or preference election, or a convention
or caucus of a political party that has
authority to nominate a candidate, for
the office sought by the candidate;
and
‘‘(III) in the case of a communication
which refers to a candidate for an office
other than President or Vice President, is
targeted to the relevant electorate.
‘‘(ii) If clause (i) is held to be constitu-
tionally insufficient by final judicial decision to
support the regulation provided herein, then the
term ‘electioneering communication’ means any
broadcast, cable, or satellite communication
which promotes or supports a candidate for
that office, or attacks or opposes a candidate
for that office (regardless of whether the com-
munication expressly advocates a vote for or
against a candidate) and which also is sugges-
tive of no plausible meaning other than an ex-
hortation to vote for or against a specific can-
didate. Nothing in this subparagraph shall be
construed to affect the interpretation or appli-
cation of section 100.22(b) of title 11, Code of
Federal Regulations.
‘‘(B) EXCEPTIONS.—The term ‘election-
eering communication’ does not include—
‘‘(i) a communication appearing in a
news story, commentary, or editorial dis-
tributed through the facilities of any
broadcasting station, unless such facilities
are owned or controlled by any political
party, political committee, or candidate;
‘‘(ii) a communication which con-
stitutes an expenditure or an independent
expenditure under this Act;
‘‘(iii) a communication which con-
stitutes a candidate debate or forum con-
ducted pursuant to regulations adopted by
the Commission, or which solely promotes
such a debate or forum and is made by or
on behalf of the person sponsoring the de-
bate or forum; or
‘‘(iv) any other communication ex-
empted under such regulations as the
Commission may promulgate (consistent
with the requirements of this paragraph)
to ensure the appropriate implementation
of this paragraph, except that under any
such regulation a communication may not
be exempted if it meets the requirements
of this paragraph and is described in sec-
tion 301(20)(A)(iii).
‘‘(C) TARGETING
TO
RELEVANT
ELEC-
TORATE.—For purposes of this paragraph, a
communication which refers to a clearly identi-
fied candidate for Federal office is ‘targeted to
the relevant electorate’ if the communication
can be received by 50,000 or more persons—
‘‘(i) in the district the candidate seeks
to represent, in the case of a candidate for
Representative in, or Delegate or Resident
Commissioner to, the Congress; or
‘‘(ii) in the State the candidate seeks
to represent, in the case of a candidate for
Senator.
‘‘(4) DISCLOSURE DATE.—For purposes of this
subsection, the term ‘disclosure date’ means—
‘‘(A) the first date during any calendar
year by which a person has made disbursements
for the direct costs of producing or airing elec-
tioneering communications aggregating in ex-
cess of $10,000; and
‘‘(B) any other date during such calendar
year by which a person has made disbursements
for the direct costs of producing or airing elec-
tioneering communications aggregating in ex-
cess of $10,000 since the most recent disclosure
date for such calendar year.
‘‘(5) CONTRACTS TO DISBURSE.—For purposes
of this subsection, a person shall be treated as hav-
ing made a disbursement if the person has executed
a contract to make the disbursement.
‘‘(6) COORDINATION
WITH
OTHER
REQUIRE-
MENTS.—Any requirement to report under this sub-
section shall be in addition to any other reporting
requirement under this Act.
‘‘(7) COORDINATION WITH INTERNAL REVENUE
CODE.—Nothing in this subsection may be con-
strued to establish, modify, or otherwise affect the
definition of political activities or electioneering ac-
tivities (including the definition of participating in,
intervening in, or influencing or attempting to influ-
ence a political campaign on behalf of or in opposi-
tion to any candidate for public office) for purposes
of the Internal Revenue Code of 1986.’’.
(b) RESPONSIBILITIES
OF FEDERAL COMMUNICA-
TIONS COMMISSION.—The Federal Communications Com-
mission shall compile and maintain any information the
Federal Election Commission may require to carry out
section 304(f) of the Federal Election Campaign Act of
1971 (as added by subsection (a)), and shall make such
information available to the public on the Federal Commu-
nication Commission’s website.
SEC. 202. COORDINATED COMMUNICATIONS AS CONTRIBU-
TIONS.
Section 315(a)(7) of the Federal Election Campaign
Act of 1971 (2 U.S.C. 441a(a)(7)) is amended —
(1) by redesignating subparagraph (C) as sub-
paragraph (D); and
(2) by inserting after subparagraph (B) the fol-
lowing:
‘‘(C) if—
‘‘(i) any person makes, or contracts to
make, any disbursement for any electioneering
communication (within the meaning of section
304(f)(3)); and
‘‘(ii) such disbursement is coordinated with
a candidate or an authorized committee of such
candidate, a Federal, State, or local political
party or committee thereof, or an agent or offi-
cial of any such candidate, party, or committee;
such disbursement or contracting shall be treated as
a contribution to the candidate supported by the
electioneering communication or that candidate’s
party and as an expenditure by that candidate or
that candidate’s party; and’’.
SEC. 203. PROHIBITION OF CORPORATE AND LABOR DIS-
BURSEMENTS FOR ELECTIONEERING COM-
MUNICATIONS.
(a) IN GENERAL.—Section 316(b)(2) of the Federal
Election Campaign Act of 1971 (2 U.S.C. 441b(b)(2)) is
amended by inserting ‘‘or for any applicable electioneering
communication’’ before ‘‘, but shall not include’’.
(b) APPLICABLE
ELECTIONEERING
COMMUNICA-
TION.—Section 316 of such Act is amended by adding at
the end the following:
‘‘(c) RULES RELATING TO ELECTIONEERING COM-
MUNICATIONS.—
‘‘(1) APPLICABLE
ELECTIONEERING
COMMU-
NICATION.—For purposes of this section, the term
‘applicable electioneering communication’ means an
electioneering communication (within the meaning of
section 304(f)(3)) which is made by any entity de-
scribed in subsection (a) of this section or by any
other person using funds donated by an entity de-
scribed in subsection (a) of this section.
‘‘(2) EXCEPTION.—Notwithstanding paragraph
(1), the term ‘applicable electioneering communica-
tion’ does not include a communication by a section
501(c)(4) organization or a political organization (as
defined in section 527(e)(1) of the Internal Revenue
Code of 1986) made under section 304(f)(2)(E) or
(F) of this Act if the communication is paid for ex-
clusively by funds provided directly by individuals
who are United States citizens or nationals or law-
fully admitted for permanent residence as defined in
section 1101(a)(2) of the Immigration and Nation-
ality Act (8 U.S.C. 1101(a)(2)). For purposes of the
preceding sentence, the term ‘provided directly by
individuals’ does not include funds the source of
which is an entity described in subsection (a) of this
section.
‘‘(3) SPECIAL OPERATING RULES.—
‘‘(A) 
DEFINITION
UNDER
PARAGRAPH
(1).—An electioneering communication shall be
treated as made by an entity described in sub-
section (a) if an entity described in subsection
(a) directly or indirectly disburses any amount
for any of the costs of the communication.
‘‘(B) 
EXCEPTION
UNDER
PARAGRAPH
(2).—A section 501(c)(4) organization that de-
rives amounts from business activities or re-
ceives funds from any entity described in sub-
section (a) shall be considered to have paid for
any communication out of such amounts unless
such organization paid for the communication
out of a segregated account to which only indi-
viduals can contribute, as described in section
304(f)(2)(E).
‘‘(4) DEFINITIONS AND RULES.—For purposes
of this subsection—
‘‘(A) the term ‘section 501(c)(4) organiza-
tion’ means—
‘‘(i) an organization described in sec-
tion 501(c)(4) of the Internal Revenue
Code of 1986 and exempt from taxation
under section 501(a) of such Code; or
‘‘(ii) an organization which has sub-
mitted an application to the Internal Rev-
enue Service for determination of its status
as an organization described in clause (i);
and
‘‘(B) a person shall be treated as having
made a disbursement if the person has executed
a contract to make the disbursement.
‘‘(5) COORDINATION WITH INTERNAL REVENUE
CODE.—Nothing in this subsection shall be con-
strued to authorize an organization exempt from
taxation under section 501(a) of the Internal Rev-
enue Code of 1986 to carry out any activity which
is prohibited under such Code.’’.
SEC. 204. RULES RELATING TO CERTAIN TARGETED ELEC-
TIONEERING COMMUNICATIONS.
Section 316(c) of the Federal Election Campaign Act
of 1971 (2 U.S.C. 441b), as added by section 203, is
amended by adding at the end the following:
‘‘(6) SPECIAL RULES FOR TARGETED COMMU-
NICATIONS.—
‘‘(A) EXCEPTION
DOES
NOT
APPLY.—
Paragraph (2) shall not apply in the case of a
targeted communication that is made by an or-
ganization described in such paragraph.
‘‘(B) TARGETED
COMMUNICATION.—For
purposes of subparagraph (A), the term ‘tar-
geted communication’ means an electioneering
communication (as defined in section 304(f)(3))
that is distributed from a television or radio
broadcast station or provider of cable or sat-
ellite television service and, in the case of a
communication which refers to a candidate for
an office other than President or Vice Presi-
dent, is targeted to the relevant electorate.
‘‘(C) DEFINITION.—For purposes of this
paragraph, a communication is ‘targeted to the
relevant electorate’ if it meets the requirements
described in section 304(f)(3)(C).’’.
Subtitle B—Independent and
Coordinated Expenditures
SEC. 211. DEFINITION OF INDEPENDENT EXPENDITURE.
Section 301 of the Federal Election Campaign Act
(2 U.S.C. 431) is amended by striking paragraph (17) and
inserting the following:
‘‘(17) 
INDEPENDENT
EXPENDITURE.—The
term ‘independent expenditure’ means an expendi-
ture by a person—
‘‘(A) expressly advocating the election or
defeat of a clearly identified candidate; and
‘‘(B) that is not made in concert or co-
operation with or at the request or suggestion
of such candidate, the candidate’s authorized
political committee, or their agents, or a polit-
ical party committee or its agents.’’.
‘‘(2) EXPENDITURES AGGREGATING $10,000.—
‘‘(A) INITIAL REPORT.—A person (includ-
ing a political committee) that makes or con-
tracts to make independent expenditures aggre-
gating $10,000 or more at any time up to and
including the 20th day before the date of an
election shall file a report describing the ex-
penditures within 48 hours.
‘‘(B) ADDITIONAL REPORTS.—After a per-
son files a report under subparagraph (A), the
person shall file an additional report within 48
hours after each time the person makes or con-
tracts to make independent expenditures aggre-
gating an additional $10,000 with respect to
the same election as that to which the initial re-
port relates.
‘‘(3) PLACE OF FILING; CONTENTS.—A report
under this subsection—
‘‘(A) shall be filed with the Commission;
and
‘‘(B) shall contain the information required
by subsection (b)(6)(B)(iii), including the name
of each candidate whom an expenditure is in-
tended to support or oppose.’’.
(b) CONFORMING AMENDMENT.—Section 304(a)(5)
of such Act (2 U.S.C. 434(a)(5)) is amended by striking
‘‘, or the second sentence of subsection (c)(2)’’.
SEC. 213. INDEPENDENT VERSUS COORDINATED EXPENDI-
TURES BY PARTY.
Section 315(d) of the Federal Election Campaign Act
of 1971 (2 U.S.C. 441a(d)) is amended—
(1) in paragraph (1), by striking ‘‘and (3)’’ and
inserting ‘‘, (3), and (4)’’; and
(2) by adding at the end the following:
‘‘(4) INDEPENDENT VERSUS COORDINATED EX-
PENDITURES BY PARTY.—
‘‘(A) IN GENERAL.—On or after the date
on which a political party nominates a can-
didate, no committee of the political party may
make—
‘‘(i) 
any 
coordinated 
expenditure
under this subsection with respect to the
candidate during the election cycle at any
time after it makes any independent ex-
penditure (as defined in section 301(17))
with respect to the candidate during the
election cycle; or
‘‘(ii) any independent expenditure (as
defined in section 301(17)) with respect to
the candidate during the election cycle at
any time after it makes any coordinated
expenditure under this subsection with re-
spect to the candidate during the election
cycle.
‘‘(B) APPLICATION.—For purposes of this
paragraph, all political committees established
and maintained by a national political party
(including all congressional campaign commit-
tees) and all political committees established
and maintained by a State political party (in-
cluding any subordinate committee of a State
committee) shall be considered to be a single
political committee.
‘‘(C) TRANSFERS.—A committee of a polit-
ical party that makes coordinated expenditures
under this subsection with respect to a can-
didate shall not, during an election cycle, trans-
fer any funds to, assign authority to make co-
ordinated expenditures under this subsection to,
or receive a transfer of funds from, a committee
of the political party that has made or intends
to make an independent expenditure with re-
spect to the candidate.’’.
SEC. 214. COORDINATION WITH CANDIDATES OR POLIT-
ICAL PARTIES.
(a) IN GENERAL.—Section 315(a)(7)(B) of the Fed-
eral Election Campaign Act of 1971 (2 U.S.C.
441a(a)(7)(B)) is amended—
(A) by redesignating clause (ii) as clause
(iii); and
(B) by inserting after clause (i) the fol-
lowing new clause:
‘‘(ii) expenditures made by any person (other
than a candidate or candidate’s authorized com-
mittee) in cooperation, consultation, or concert, with,
or at the request or suggestion of, a national, State,
or local committee of a political party, shall be con-
sidered to be contributions made to such party com-
mittee; and’’.
(b) REPEAL OF CURRENT REGULATIONS.—The regu-
lations on coordinated communications paid for by persons
other than candidates, authorized committees of can-
didates, and party committees adopted by the Federal
Election Commission and published in the Federal Reg-
ister at page 76138 of volume 65, Federal Register, on
December 6, 2000, are repealed as of the date by which
the Commission is required to promulgate new regulations
under subsection (c) (as described in the second sentence
of section 402(c)).
(c) REGULATIONS BY THE FEDERAL ELECTION COM-
MISSION.—The Federal Election Commission shall pro-
mulgate new regulations on coordinated communications
paid for by persons other than candidates, authorized
committees of candidates, and party committees. The reg-
ulations shall not require agreement or formal collabora-
tion to establish coordination. In addition to any subject
determined by the Commission, the regulations shall
address—
(A) payments for the republication of campaign
materials;
(B) payments for the use of a common vendor;
(C) payments for communications directed or
made by persons who previously served as an em-
ployee of a candidate or a political party; and
(D) payments for communications made by a
person after substantial discussion about the com-
munication with a candidate or a political party.
(d) MEANING OF CONTRIBUTION OR EXPENDITURE
FOR THE PURPOSES OF SECTION 316.—Section 316(b)(2)
of the Federal Election Campaign Act of 1971 (2 U.S.C.
441b(b)(2)) is amended by striking ‘‘shall include’’ and
inserting ‘‘includes a contribution or expenditure, as those
terms are defined in section 301, and also includes’’.
TITLE III—MISCELLANEOUS
SEC. 301. USE OF CONTRIBUTED AMOUNTS FOR CERTAIN
PURPOSES.
Title III of the Federal Election Campaign Act of
1971 (2 U.S.C. 431 et seq.) is amended by striking section
313 and inserting the following:
‘‘SEC. 313. USE OF CONTRIBUTED AMOUNTS FOR CERTAIN
PURPOSES.
‘‘(a) PERMITTED USES.—A contribution accepted by
a candidate, and any other donation received by an indi-
vidual as support for activities of the individual as a holder
of Federal office, may be used by the candidate or
individual—
‘‘(1) for otherwise authorized expenditures in
connection with the campaign for Federal office of
the candidate or individual;
‘‘(2) for ordinary and necessary expenses in-
curred in connection with duties of the individual as
a holder of Federal office;
‘‘(3) for contributions to an organization de-
scribed in section 170(c) of the Internal Revenue
Code of 1986; or
‘‘(4) for transfers to a national, State, or local
committee of a political party.
‘‘(b) PROHIBITED USE.—
‘‘(1) IN GENERAL.—A contribution or donation
described in subsection (a) shall not be converted by
any person to personal use.
‘‘(2) CONVERSION.—For the purposes of para-
graph (1), a contribution or donation shall be con-
sidered to be converted to personal use if the con-
tribution or amount is used to fulfill any commit-
ment, obligation, or expense of a person that would
exist irrespective of the candidate’s election cam-
paign or individual’s duties as a holder of Federal
office, including—
‘‘(A) a home mortgage, rent, or utility pay-
ment;
‘‘(B) a clothing purchase;
‘‘(C) a noncampaign-related automobile ex-
pense;
‘‘(D) a country club membership;
‘‘(E) a vacation or other noncampaign-re-
lated trip;
‘‘(F) a household food item;
‘‘(G) a tuition payment;
‘‘(H) admission to a sporting event, con-
cert, theater, or other form of entertainment
not associated with an election campaign; and
‘‘(I) dues, fees, and other payments to a
health club or recreational facility.’’.
SEC. 302. PROHIBITION OF FUNDRAISING ON FEDERAL
PROPERTY.
Section 607 of title 18, United States Code, is
amended—
(1) by striking subsection (a) and inserting the
following:
‘‘(a) PROHIBITION.—
‘‘(1) IN GENERAL.—It shall be unlawful for any
person to solicit or receive a donation of money or
other thing of value in connection with a Federal,
State, or local election from a person who is located
in a room or building occupied in the discharge of
official duties by an officer or employee of the
United States. It shall be unlawful for an individual
who is an officer or employee of the Federal Govern-
ment, including the President, Vice President, and
Members of Congress, to solicit or receive a donation
of money or other thing of value in connection with
a Federal, State, or local election, while in any room
or building occupied in the discharge of official du-
ties by an officer or employee of the United States,
from any person.
‘‘(2) PENALTY.—A person who violates this sec-
tion shall be fined not more than $5,000, imprisoned
more than 3 years, or both.’’; and
(2) in subsection (b), by inserting ‘‘or Executive
Office of the President’’ after ‘‘Congress’’.
SEC. 303. STRENGTHENING FOREIGN MONEY BAN.
Section 319 of the Federal Election Campaign Act
of 1971 (2 U.S.C. 441e) is amended—
(1) by striking the heading and inserting the
following: ‘‘CONTRIBUTIONS
AND
DONATIONS
BY
FOREIGN NATIONALS’’; and
(2) by striking subsection (a) and inserting the
following:
‘‘(a) PROHIBITION.—It shall be unlawful for—
‘‘(1) a foreign national, directly or indirectly, to
make—
‘‘(A) a contribution or donation of money
or other thing of value, or to make an express
or implied promise to make a contribution or
donation, in connection with a Federal, State,
or local election;
‘‘(B) a contribution or donation to a com-
mittee of a political party; or
‘‘(C) an expenditure, independent expendi-
ture, or disbursement for an electioneering com-
munication (within the meaning of section
304(f)(3)); or
‘‘(2) a person to solicit, accept, or receive a con-
tribution or donation described in subparagraph (A)
or (B) of paragraph (1) from a foreign national.’’.
SEC. 304. MODIFICATION OF INDIVIDUAL CONTRIBUTION
LIMITS IN RESPONSE TO EXPENDITURES
FROM PERSONAL FUNDS.
(a) INCREASED LIMITS FOR INDIVIDUALS.—Section
315 of the Federal Election Campaign Act of 1971 (2
U.S.C. 441a) is amended—
(1) in subsection (a)(1), by striking ‘‘No per-
son’’ and inserting ‘‘Except as provided in sub-
section (i), no person’’; and
(2) by adding at the end the following:
‘‘(i) INCREASED LIMIT TO ALLOW RESPONSE TO EX-
PENDITURES FROM PERSONAL FUNDS.—
‘‘(1) INCREASE.—
‘‘(A) IN GENERAL.—Subject to paragraph
(2), if the opposition personal funds amount
with respect to a candidate for election to the
office of Senator exceeds the threshold amount,
the limit under subsection (a)(1)(A) (in this
subsection referred to as the ‘applicable limit’)
with respect to that candidate shall be the in-
creased limit.
‘‘(B) THRESHOLD AMOUNT.—
‘‘(i) STATE-BY-STATE
COMPETITIVE
AND
FAIR
CAMPAIGN
FORMULA.—In this
subsection, the threshold amount with re-
spect to an election cycle of a candidate de-
scribed in subparagraph (A) is an amount
equal to the sum of—
‘‘(I) $150,000; and
‘‘(II) $0.04 multiplied by the vot-
ing age population.
‘‘(ii) VOTING
AGE
POPULATION.—In
this subparagraph, the term ‘voting age
population’ means in the case of a can-
didate for the office of Senator, the voting
age population of the State of the can-
didate (as certified under section 315(e)).
‘‘(C) INCREASED LIMIT.—Except as pro-
vided in clause (ii), for purposes of subpara-
graph (A), if the opposition personal funds
amount is over—
‘‘(i) 2 times the threshold amount, but
not over 4 times that amount—
‘‘(I) the increased limit shall be 3
times the applicable limit; and
‘‘(II) the limit under subsection
(a)(3) shall not apply with respect to
any contribution made with respect to
a candidate if such contribution is
made under the increased limit of
subparagraph (A) during a period in
which the candidate may accept such
a contribution;
‘‘(ii) 4 times the threshold amount,
but not over 10 times that amount—
‘‘(I) the increased limit shall be 6
times the applicable limit; and
‘‘(II) the limit under subsection
(a)(3) shall not apply with respect to
any contribution made with respect to
a candidate if such contribution is
made under the increased limit of
subparagraph (A) during a period in
which the candidate may accept such
a contribution; and
‘‘(iii) 
times 
the 
threshold
amount—
‘‘(I) the increased limit shall be 6
times the applicable limit;
‘‘(II) the limit under subsection
(a)(3) shall not apply with respect to
any contribution made with respect to
a candidate if such contribution is
made under the increased limit of
subparagraph (A) during a period in
which the candidate may accept such
a contribution; and
‘‘(III) the limits under subsection
(d) with respect to any expenditure by
a State or national committee of a po-
litical party shall not apply.
‘‘(D) 
OPPOSITION
PERSONAL
FUNDS
AMOUNT.—The 
opposition 
personal 
funds
amount is an amount equal to the excess (if
any) of—
‘‘(i) the greatest aggregate amount of
expenditures from personal funds (as de-
fined in section 304(a)(6)(B)) that an op-
posing candidate in the same election
makes; over
‘‘(ii) the aggregate amount of expendi-
tures from personal funds made by the
candidate with respect to the election.
‘‘(2) TIME TO ACCEPT CONTRIBUTIONS UNDER
INCREASED LIMIT.—
‘‘(A) IN
GENERAL.—Subject to subpara-
graph (B), a candidate and the candidate’s au-
thorized committee shall not accept any con-
tribution, and a party committee shall not make
any expenditure, under the increased limit
under paragraph (1)—
‘‘(i) until the candidate has received
notification of the opposition personal
funds amount under section 304(a)(6)(B);
and
‘‘(ii) to the extent that such contribu-
tion, when added to the aggregate amount
of contributions previously accepted and
party expenditures previously made under
the increased limits under this subsection
for the election cycle, exceeds 110 percent
of the opposition personal funds amount.
‘‘(B) EFFECT OF WITHDRAWAL OF AN OP-
POSING CANDIDATE.—A candidate and a can-
didate’s authorized committee shall not accept
any contribution and a party shall not make
any expenditure under the increased limit after
the date on which an opposing candidate ceases
to be a candidate to the extent that the amount
of such increased limit is attributable to such
an opposing candidate.
‘‘(3) DISPOSAL OF EXCESS CONTRIBUTIONS.—
‘‘(A) 
IN
GENERAL.—The 
aggregate
amount of contributions accepted by a can-
didate or a candidate’s authorized committee
under the increased limit under paragraph (1)
and not otherwise expended in connection with
the election with respect to which such con-
tributions relate shall, not later than 50 days
after the date of such election, be used in the
manner described in subparagraph (B).
‘‘(B) RETURN TO CONTRIBUTORS.—A can-
didate or a candidate’s authorized committee
shall return the excess contribution to the per-
son who made the contribution.
‘‘(j) LIMITATION
ON REPAYMENT
OF PERSONAL
LOANS.—Any candidate who incurs personal loans made
after the effective date of the Bipartisan Campaign Re-
form Act of 2002 in connection with the candidate’s cam-
paign for election shall not repay (directly or indirectly),
to the extent such loans exceed $250,000, such loans from
any contributions made to such candidate or any author-
ized committee of such candidate after the date of such
election.’’.
(b) NOTIFICATION OF EXPENDITURES FROM PER-
SONAL FUNDS.—Section 304(a)(6) of the Federal Elec-
tion Campaign Act of 1971 (2 U.S.C. 434(a)(6)) is
amended—
(1) by redesignating subparagraph (B) as sub-
paragraph (E); and
(2) by inserting after subparagraph (A) the fol-
lowing:
‘‘(B) NOTIFICATION OF EXPENDITURE FROM PER-
SONAL FUNDS.—
‘‘(i) DEFINITION OF EXPENDITURE FROM PER-
SONAL FUNDS.—In this subparagraph, the term ‘ex-
penditure from personal funds’ means—
‘‘(I) an expenditure made by a candidate
using personal funds; and
‘‘(II) a contribution or loan made by a can-
didate using personal funds or a loan secured
using such funds to the candidate’s authorized
committee.
‘‘(ii) DECLARATION
OF
INTENT.—Not later
than the date that is 15 days after the date on
which an individual becomes a candidate for the of-
fice of Senator, the candidate shall file a declaration
stating the total amount of expenditures from per-
sonal funds that the candidate intends to make, or
to obligate to make, with respect to the election that
will exceed the State-by-State competitive and fair
campaign formula with—
‘‘(I) the Commission; and
‘‘(II) each candidate in the same election.
‘‘(iii) INITIAL NOTIFICATION.—Not later than
24 hours after a candidate described in clause (ii)
makes or obligates to make an aggregate amount of
expenditures from personal funds in excess of 2
times the threshold amount in connection with any
election, the candidate shall file a notification with—
‘‘(I) the Commission; and
‘‘(II) each candidate in the same election.
‘‘(iv) ADDITIONAL NOTIFICATION.—After a can-
didate files an initial notification under clause (iii),
the candidate shall file an additional notification
each time expenditures from personal funds are
made or obligated to be made in an aggregate
amount that exceed $10,000 with—
‘‘(I) the Commission; and
‘‘(II) each candidate in the same election.
Such notification shall be filed not later than 24
hours after the expenditure is made.
‘‘(v) CONTENTS.—A notification under clause
(iii) or (iv) shall include—
‘‘(I) the name of the candidate and the of-
fice sought by the candidate;
‘‘(II) the date and amount of each expendi-
ture; and
‘‘(III) the total amount of expenditures
from personal funds that the candidate has
made, or obligated to make, with respect to an
election as of the date of the expenditure that
is the subject of the notification.
‘‘(C) NOTIFICATION OF DISPOSAL OF EXCESS CON-
TRIBUTIONS.—In the next regularly scheduled report after
the date of the election for which a candidate seeks nomi-
nation for election to, or election to, Federal office, the
candidate or the candidate’s authorized committee shall
submit to the Commission a report indicating the source
and amount of any excess contributions (as determined
under paragraph (1) of section 315(i)) and the manner
in which the candidate or the candidate’s authorized com-
mittee used such funds.
‘‘(D) ENFORCEMENT.—For provisions providing for
the enforcement of the reporting requirements under this
paragraph, see section 309.’’.
(c) DEFINITIONS.—Section 301 of the Federal Elec-
tion Campaign Act of 1971 (2 U.S.C. 431), as amended
by section 101(b), is further amended by adding at the
end the following:
‘‘(25) ELECTION
CYCLE.—The term ‘election
cycle’ means the period beginning on the day after
the date of the most recent election for the specific
office or seat that a candidate is seeking and ending
on the date of the next election for that office or
seat. For purposes of the preceding sentence, a pri-
mary election and a general election shall be consid-
ered to be separate elections.
‘‘(26) PERSONAL FUNDS.—The term ‘personal
funds’ means an amount that is derived from—
‘‘(A) any asset that, under applicable State
law, at the time the individual became a can-
didate, the candidate had legal right of access
to or control over, and with respect to which the
candidate had—
‘‘(i) legal and rightful title; or
‘‘(ii) an equitable interest;
‘‘(B) income received during the current
election cycle of the candidate, including—
‘‘(i) a salary and other earned income
from bona fide employment;
‘‘(ii) dividends and proceeds from the
sale of the candidate’s stocks or other in-
vestments;
‘‘(iii) bequests to the candidate;
‘‘(iv) income from trusts established
before the beginning of the election cycle;
‘‘(v) income from trusts established by
bequest after the beginning of the election
cycle of which the candidate is the bene-
ficiary;
‘‘(vi) gifts of a personal nature that
had been customarily received by the can-
didate prior to the beginning of the elec-
tion cycle; and
‘‘(vii) proceeds from lotteries and
similar legal games of chance; and
‘‘(C) a portion of assets that are jointly
owned by the candidate and the candidate’s
spouse equal to the candidate’s share of the
asset under the instrument of conveyance or
ownership, but if no specific share is indicated
by an instrument of conveyance or ownership,
the value of 1⁄2 of the property.’’.
SEC. 305. LIMITATION ON AVAILABILITY OF LOWEST UNIT
CHARGE FOR FEDERAL CANDIDATES AT-
TACKING OPPOSITION.
(a) IN GENERAL.—Section 315(b) of the Commu-
nications Act of 1934 (47 U.S.C. 315(b)) is amended—
(1) by striking ‘‘(b) The charges’’ and inserting
the following:
‘‘(b) CHARGES.—
‘‘(1) IN GENERAL.—The charges’’;
(2) by redesignating paragraphs (1) and (2) as
subparagraphs (A) and (B), respectively; and
(3) by adding at the end the following:
‘‘(2) CONTENT OF BROADCASTS.—
‘‘(A) IN GENERAL.—In the case of a can-
didate for Federal office, such candidate shall
not be entitled to receive the rate under para-
graph (1)(A) for the use of any broadcasting
station unless the candidate provides written
certification to the broadcast station that the
candidate (and any authorized committee of the
candidate) shall not make any direct reference
to another candidate for the same office, in any
broadcast using the rights and conditions of ac-
cess under this Act, unless such reference meets
the requirements of subparagraph (C) or (D).
‘‘(B) LIMITATION ON CHARGES.—If a can-
didate for Federal office (or any authorized
committee of such candidate) makes a reference
described in subparagraph (A) in any broadcast
that does not meet the requirements of sub-
paragraph (C) or (D), such candidate shall not
be entitled to receive the rate under paragraph
(1)(A) for such broadcast or any other broad-
cast during any portion of the 45-day and 60-
day periods described in paragraph (1)(A), that
occur on or after the date of such broadcast, for
election to such office.
‘‘(C) TELEVISION
BROADCASTS.—A can-
didate meets the requirements of this subpara-
graph if, in the case of a television broadcast,
at the end of such broadcast there appears si-
multaneously, for a period no less than 4
seconds—
‘‘(i) a clearly identifiable photographic
or similar image of the candidate; and
‘‘(ii) a clearly readable printed state-
ment, identifying the candidate and stating
that the candidate has approved the broad-
cast and that the candidate’s authorized
committee paid for the broadcast.
‘‘(D) RADIO
BROADCASTS.—A candidate
meets the requirements of this subparagraph if,
in the case of a radio broadcast, the broadcast
includes a personal audio statement by the can-
didate that identifies the candidate, the office
the candidate is seeking, and indicates that the
candidate has approved the broadcast.
‘‘(E) 
CERTIFICATION.—Certifications
under this section shall be provided and cer-
tified as accurate by the candidate (or any au-
thorized committee of the candidate) at the
time of purchase.
‘‘(F) DEFINITIONS.—For purposes of this
paragraph, the terms ‘authorized committee’
and ‘Federal office’ have the meanings given
such terms by section 301 of the Federal Elec-
tion Campaign Act of 1971 (2 U.S.C. 431).’’.
(b) 
CONFORMING
AMENDMENT.—Section
315(b)(1)(A) of the Communications Act of 1934 (47
U.S.C. 315(b)(1)(A)), as amended by this Act, is amended
by inserting ‘‘subject to paragraph (2),’’ before ‘‘during
the forty-five days’’.
(c) EFFECTIVE DATE.—The amendments made by
this section shall apply to broadcasts made after the effec-
tive date of this Act.
SEC. 306. SOFTWARE FOR FILING REPORTS AND PROMPT
DISCLOSURE OF CONTRIBUTIONS.
Section 304(a) of the Federal Election Campaign Act
of 1971 (2 U.S.C. 434(a)) is amended by adding at the
end the following:
‘‘(12) SOFTWARE FOR FILING OF REPORTS.—
‘‘(A) 
IN
GENERAL.—The 
Commission
shall—
‘‘(i) promulgate standards to be used
by vendors to develop software that—
‘‘(I) permits candidates to easily
record information concerning receipts
and disbursements required to be re-
ported under this Act at the time of
the receipt or disbursement;
‘‘(II) allows the information re-
corded under subclause (I) to be
transmitted immediately to the Com-
mission; and
‘‘(III) allows the Commission to
post the information on the Internet
immediately upon receipt; and
‘‘(ii) make a copy of software that
meets the standards promulgated under
clause (i) available to each person required
to file a designation, statement, or report
in electronic form under this Act.
‘‘(B) ADDITIONAL INFORMATION.—To the
extent feasible, the Commission shall require
vendors to include in the software developed
under the standards under subparagraph (A)
the ability for any person to file any designa-
tion, statement, or report required under this
Act in electronic form.
‘‘(C) REQUIRED
USE.—Notwithstanding
any provision of this Act relating to times for
filing reports, each candidate for Federal office
(or that candidate’s authorized committee) shall
use software that meets the standards promul-
gated under this paragraph once such software
is made available to such candidate.
‘‘(D) REQUIRED POSTING.—The Commis-
sion shall, as soon as practicable, post on the
Internet any information received under this
paragraph.’’.
SEC. 307. MODIFICATION OF CONTRIBUTION LIMITS.
(a) INCREASE IN INDIVIDUAL LIMITS FOR CERTAIN
CONTRIBUTIONS.—Section 315(a)(1) of the Federal Elec-
tion Campaign Act of 1971 (2 U.S.C. 441a(a)(1)) is
amended—
(1) in subparagraph (A), by striking ‘‘$1,000’’
and inserting the following: ‘‘$2,000’’; and
(2) in subparagraph (B), by striking ‘‘$20,000’’
and inserting ‘‘$25,000’’.
(b) INCREASE IN ANNUAL AGGREGATE LIMIT ON IN-
DIVIDUAL CONTRIBUTIONS.—Section 315(a)(3) of the
Federal Election Campaign Act of 1971 (2 U.S.C.
441a(a)(3)) is amended to read as follows:
‘‘(3) During the period which begins on January 1
of an odd-numbered year and ends on December 31 of
the next even-numbered year, no individual may make con-
tributions aggregating more than—
‘‘(A) $37,500, in the case of contributions to
candidates and the authorized committees of can-
didates;
‘‘(B) $57,500, in the case of any other con-
tributions, of which not more than $37,500 may be
attributable to contributions to political committees
which are not political committees of national polit-
ical parties.’’.
(c) INCREASE
IN
SENATORIAL
CAMPAIGN
COM-
MITTEE LIMIT.—Section 315(h) of the Federal Election
Campaign Act of 1971 (2 U.S.C. 441a(h)) is amended by
striking ‘‘$17,500’’ and inserting ‘‘$35,000’’.
(d) INDEXING OF CONTRIBUTION LIMITS.—Section
315(c) of the Federal Election Campaign Act of 1971 (2
U.S.C. 441a(c)) is amended—
(1) in paragraph (1)—
(A) by striking the second and third sen-
tences;
(B) by inserting ‘‘(A)’’ before ‘‘At the be-
ginning’’; and
(C) by adding at the end the following:
‘‘(B) Except as provided in subparagraph (C), in any
calendar year after 2002—
‘‘(i) a limitation established by subsections
(a)(1)(A), (a)(1)(B), (a)(3), (b), (d), or (h) shall be
increased by the percent difference determined under
subparagraph (A);
‘‘(ii) each amount so increased shall remain in
effect for the calendar year; and
‘‘(iii) if any amount after adjustment under
clause (i) is not a multiple of $100, such amount
shall be rounded to the nearest multiple of $100.
‘‘(C) In the case of limitations under subsections
(a)(1)(A), (a)(1)(B), (a)(3), and (h), increases shall only
be made in odd-numbered years and such increases shall
remain in effect for the 2-year period beginning on the
first day following the date of the last general election in
the year preceding the year in which the amount is in-
creased and ending on the date of the next general elec-
tion.’’; and
(2) in paragraph (2)(B), by striking ‘‘means the
calendar year 1974’’ and inserting ‘‘means—
‘‘(i) for purposes of subsections (b) and
(d), calendar year 1974; and
‘‘(ii) for purposes of subsections (a)(1)(A),
(a)(1)(B), (a)(3), and (h), calendar year 2001’’.
(e) EFFECTIVE DATE.—The amendments made by
this section shall apply with respect to contributions made
on or after January 1, 2003.
SEC. 308. DONATIONS TO PRESIDENTIAL INAUGURAL COM-
MITTEE.
(a) IN GENERAL.—Chapter 5 of title 36, United
States Code, is amended by—
(1) redesignating section 510 as section 511;
and
(2) inserting after section 509 the following:
‘‘§ 510. Disclosure of and prohibition on certain dona-
tions
‘‘(a) IN GENERAL.—A committee shall not be consid-
ered to be the Inaugural Committee for purposes of this
chapter unless the committee agrees to, and meets, the
requirements of subsections (b) and (c).
‘‘(b) DISCLOSURE.—
‘‘(1) IN
GENERAL.—Not later than the date
that is 90 days after the date of the Presidential in-
augural ceremony, the committee shall file a report
with the Federal Election Commission disclosing any
donation of money or anything of value made to the
committee in an aggregate amount equal to or great-
er than $200.
‘‘(2) CONTENTS
OF
REPORT.—A report filed
under paragraph (1) shall contain—
‘‘(A) the amount of the donation;
‘‘(B) the date the donation is received; and
‘‘(C) the name and address of the person
making the donation.
‘‘(c) LIMITATION.—The committee shall not accept
any donation from a foreign national (as defined in section
319(b) of the Federal Election Campaign Act of 1971 (2
U.S.C. 441e(b))).’’.
(b) REPORTS MADE AVAILABLE BY FEC.—Section
304 of the Federal Election Campaign Act of 1971 (2
U.S.C. 434), as amended by sections 103, 201, and 212
is amended by adding at the end the following:
‘‘(h) REPORTS FROM INAUGURAL COMMITTEES.—
The Federal Election Commission shall make any report
filed by an Inaugural Committee under section 510 of title
36, United States Code, accessible to the public at the of-
fices of the Commission and on the Internet not later than
48 hours after the report is received by the Commission.’’.
SEC. 309. PROHIBITION ON FRAUDULENT SOLICITATION OF
FUNDS.
Section 322 of the Federal Election Campaign Act
of 1971 (2 U.S.C. 441h) is amended—
(1) by inserting ‘‘(a) IN GENERAL.—’’ before
‘‘No person’’; and
(2) by adding at the end the following:
‘‘(b) FRAUDULENT SOLICITATION OF FUNDS.—No
person shall—
‘‘(1) fraudulently misrepresent the person as
speaking, writing, or otherwise acting for or on be-
half of any candidate or political party or employee
or agent thereof for the purpose of soliciting con-
tributions or donations; or
‘‘(2) willfully and knowingly participate in or
conspire to participate in any plan, scheme, or de-
sign to violate paragraph (1).’’.
SEC. 310. STUDY AND REPORT ON CLEAN MONEY CLEAN
ELECTIONS LAWS.
(a) CLEAN MONEY CLEAN ELECTIONS DEFINED.—
In this section, the term ‘‘clean money clean elections’’
means funds received under State laws that provide in
whole or in part for the public financing of election cam-
paigns.
(b) STUDY.—
(1) IN
GENERAL.—The Comptroller General
shall conduct a study of the clean money clean elec-
tions of Arizona and Maine.
(2) MATTERS STUDIED.—
(A) STATISTICS ON CLEAN MONEY CLEAN
ELECTIONS
CANDIDATES.—The 
Comptroller
General shall determine—
(i) the number of candidates who have
chosen to run for public office with clean
money clean elections including—
(I) the office for which they were
candidates;
(II) whether the candidate was
an incumbent or a challenger; and
(III) whether the candidate was
successful in the candidate’s bid for
public office; and
(ii) the number of races in which at
least one candidate ran an election with
clean money clean elections.
(B) EFFECTS
OF
CLEAN
MONEY
CLEAN
ELECTIONS.—The Comptroller General of the
United States shall describe the effects of pub-
lic financing under the clean money clean elec-
tions laws on the 2000 elections in Arizona and
Maine.
(c) REPORT.—Not later than 1 year after the date
of enactment of this Act, the Comptroller General of the
United States shall submit a report to the Congress detail-
ing the results of the study conducted under subsection
(b).
SEC. 311. CLARITY STANDARDS FOR IDENTIFICATION OF
SPONSORS OF ELECTION-RELATED ADVER-
TISING.
Section 318 of the Federal Election Campaign Act
of 1971 (2 U.S.C. 441d) is amended—
(1) in subsection (a)—
(A) in the matter preceding paragraph
(1)—
(i) by striking ‘‘Whenever’’ and insert-
ing ‘‘Whenever a political committee makes
a disbursement for the purpose of financ-
ing any communication through any broad-
casting station, newspaper, magazine, out-
door advertising facility, mailing, or any
other type of general public political adver-
tising, or whenever’’;
(ii) by striking ‘‘an expenditure’’ and
inserting ‘‘a disbursement’’; and
(iii) by striking ‘‘direct’’; and
(iv) by inserting ‘‘or makes a dis-
bursement for an electioneering commu-
nication (as defined in section 304(f)(3))’’
after ‘‘public political advertising’’; and
(B) in paragraph (3), by inserting ‘‘and
permanent street address, telephone number, or
World Wide Web address’’ after ‘‘name’’; and
(2) by adding at the end the following:
‘‘(c) SPECIFICATION.—Any printed communication
described in subsection (a) shall—
‘‘(1) be of sufficient type size to be clearly read-
able by the recipient of the communication;
‘‘(2) be contained in a printed box set apart
from the other contents of the communication; and
‘‘(3) be printed with a reasonable degree of
color contrast between the background and the
printed statement.
‘‘(d) ADDITIONAL REQUIREMENTS.—
‘‘(1) COMMUNICATIONS BY CANDIDATES OR AU-
THORIZED PERSONS.—
‘‘(A) BY RADIO.—Any communication de-
scribed in paragraph (1) or (2) of subsection
(a) which is transmitted through radio shall in-
clude, in addition to the requirements of that
paragraph, an audio statement by the candidate
that identifies the candidate and states that the
candidate has approved the communication.
‘‘(B) BY
TELEVISION.—Any communica-
tion described in paragraph (1) or (2) of sub-
section (a) which is transmitted through tele-
vision shall include, in addition to the require-
ments of that paragraph, a statement that iden-
tifies the candidate and states that the can-
didate has approved the communication. Such
statement—
‘‘(i) shall be conveyed by—
‘‘(I) an unobscured, full-screen
view of the candidate making the
statement, or
‘‘(II) the candidate in voice-over,
accompanied by a clearly identifiable
photographic or similar image of the
candidate; and
‘‘(ii) shall also appear in writing at
the end of the communication in a clearly
readable manner with a reasonable degree
of color contrast between the background
and the printed statement, for a period of
at least 4 seconds.
‘‘(2) COMMUNICATIONS BY OTHERS.—Any com-
munication described in paragraph (3) of subsection
(a) which is transmitted through radio or television
shall include, in addition to the requirements of that
paragraph, in a clearly spoken manner, the following
audio statement: ‘lllll is responsible for the
content of this advertising.’ (with the blank to be
filled in with the name of the political committee or
other person paying for the communication and the
name of any connected organization of the payor). If
transmitted through television, the statement shall
be conveyed by an unobscured, full-screen view of a
representative of the political committee or other
person making the statement, or by a representative
of such political committee or other person in voice-
over, and shall also appear in a clearly readable
manner with a reasonable degree of color contrast
between the background and the printed statement,
for a period of at least 4 seconds.’’.
SEC. 312. INCREASE IN PENALTIES.
(a) IN GENERAL.—Subparagraph (A) of section
309(d)(1) of the Federal Election Campaign Act of 1971
(2 U.S.C. 437g(d)(1)(A)) is amended to read as follows:
‘‘(A) Any person who knowingly and willfully com-
mits a violation of any provision of this Act which involves
the making, receiving, or reporting of any contribution,
donation, or expenditure—
‘‘(i) aggregating $25,000 or more during a cal-
endar year shall be fined under title 18, United
States Code, or imprisoned for not more than 5
years, or both; or
‘‘(ii) aggregating $2,000 or more (but less than
$25,000) during a calendar year shall be fined under
such title, or imprisoned for not more than one year,
or both.’’.
(b) EFFECTIVE DATE.—The amendment made by
this section shall apply to violations occurring on or after
the effective date of this Act.
SEC. 313. STATUTE OF LIMITATIONS.
(a) IN GENERAL.—Section 406(a) of the Federal
Election Campaign Act of 1971 (2 U.S.C. 455(a)) is
amended by striking ‘‘3’’ and inserting ‘‘5’’.
(b) EFFECTIVE DATE.—The amendment made by
this section shall apply to violations occurring on or after
the effective date of this Act.
SEC. 314. SENTENCING GUIDELINES.
(a) IN GENERAL.—The United States Sentencing
Commission shall—
(1) promulgate a guideline, or amend an exist-
ing guideline under section 994 of title 28, United
States Code, in accordance with paragraph (2), for
penalties for violations of the Federal Election Cam-
paign Act of 1971 and related election laws; and
(2) submit to Congress an explanation of any
guidelines promulgated under paragraph (1) and any
legislative or administrative recommendations re-
garding enforcement of the Federal Election Cam-
paign Act of 1971 and related election laws.
(b) CONSIDERATIONS.—The Commission shall pro-
vide guidelines under subsection (a) taking into account
the following considerations:
(1) Ensure that the sentencing guidelines and
policy statements reflect the serious nature of such
violations and the need for aggressive and appro-
priate law enforcement action to prevent such viola-
tions.
(2) Provide a sentencing enhancement for any
person convicted of such violation if such violation
involves—
(A) a contribution, donation, or expendi-
ture from a foreign source;
(B) a large number of illegal transactions;
(C) a large aggregate amount of illegal
contributions, donations, or expenditures;
(D) the receipt or disbursement of govern-
mental funds; and
(E) an intent to achieve a benefit from the
Federal Government.
(3) Assure reasonable consistency with other
relevant directives and guidelines of the Commission.
(4) Account for aggravating or mitigating cir-
cumstances that might justify exceptions, including
circumstances for which the sentencing guidelines
currently provide sentencing enhancements.
(5) Assure the guidelines adequately meet the
purposes of sentencing under section 3553(a)(2) of
title 18, United States Code.
(c) EFFECTIVE DATE; EMERGENCY AUTHORITY TO
PROMULGATE GUIDELINES.—
(1) EFFECTIVE
DATE.—Notwithstanding sec-
tion 402, the United States Sentencing Commission
shall promulgate guidelines under this section not
later than the later of—
(A) 90 days after the effective date of this
Act; or
(B) 90 days after the date on which at
least a majority of the members of the Commis-
sion are appointed and holding office.
(2) EMERGENCY AUTHORITY TO PROMULGATE
GUIDELINES.—The Commission shall promulgate
guidelines under this section in accordance with the
procedures set forth in section 21(a) of the Sen-
tencing Reform Act of 1987, as though the authority
under such Act has not expired.
SEC. 315. INCREASE IN PENALTIES IMPOSED FOR VIOLA-
TIONS OF CONDUIT CONTRIBUTION BAN.
(a) INCREASE IN CIVIL MONEY PENALTY FOR KNOW-
ING AND WILLFUL VIOLATIONS.—Section 309(a) of the
Federal Election Campaign Act of 1971 (2 U.S.C.
437g(a)) is amended—
(1) in paragraph (5)(B), by inserting before the
period at the end the following: ‘‘(or, in the case of
a violation of section 320, which is not less than 300
percent of the amount involved in the violation and
is not more than the greater of $50,000 or 1000
percent of the amount involved in the violation)’’;
and
(2) in paragraph (6)(C), by inserting before the
period at the end the following: ‘‘(or, in the case of
a violation of section 320, which is not less than 300
percent of the amount involved in the violation and
is not more than the greater of $50,000 or 1000
percent of the amount involved in the violation)’’.
(b) INCREASE
IN
CRIMINAL
PENALTY.—Section
309(d)(1) of such Act (2 U.S.C. 437g(d)(1)) is amended
by adding at the end the following new subparagraph:
‘‘(D) Any person who knowingly and willfully com-
mits a violation of section 320 involving an amount aggre-
gating more than $10,000 during a calendar year shall
be—
‘‘(i) imprisoned for not more than 2 years if the
amount is less than $25,000 (and subject to impris-
onment under subparagraph (A) if the amount is
$25,000 or more);
‘‘(ii) fined not less than 300 percent of the
amount involved in the violation and not more than
the greater of—
‘‘(I) $50,000; or
‘‘(II) 1,000 percent of the amount involved
in the violation; or
‘‘(iii) both imprisoned under clause (i) and
fined under clause (ii).’’.
(c) EFFECTIVE DATE.—The amendments made by
this section shall apply with respect to violations occurring
on or after the effective date of this Act.
SEC. 316. RESTRICTION ON INCREASED CONTRIBUTION
LIMITS BY TAKING INTO ACCOUNT CAN-
DIDATE’S AVAILABLE FUNDS.
Section 315(i)(1) of the Federal Election Campaign
Act of 1971 (2 U.S.C. 441a(i)(1)), as added by this Act,
is amended by adding at the end the following:
‘‘(E) SPECIAL
RULE
FOR
CANDIDATE’S
CAMPAIGN FUNDS.—
‘‘(i) IN
GENERAL.—For purposes of
determining the aggregate amount of ex-
penditures from personal funds under sub-
paragraph (D)(ii), such amount shall in-
clude the gross receipts advantage of the
candidate’s authorized committee.
‘‘(ii) GROSS RECEIPTS ADVANTAGE.—
For purposes of clause (i), the term ‘gross
receipts advantage’ means the excess, if
any, of—
‘‘(I) the aggregate amount of 50
percent of gross receipts of a can-
didate’s authorized committee during
any election cycle (not including con-
tributions from personal funds of the
candidate) that may be expended in
connection with the election, as deter-
mined on June 30 and December 31
of the year preceding the year in
which a general election is held, over
‘‘(II) the aggregate amount of 50
percent of gross receipts of the oppos-
ing candidate’s authorized committee
during any election cycle (not includ-
ing contributions from personal funds
of the candidate) that may be ex-
pended in connection with the elec-
tion, as determined on June 30 and
December 31 of the year preceding
the year in which a general election is
held.’’.
SEC. 317. CLARIFICATION OF RIGHT OF NATIONALS OF THE
UNITED STATES TO MAKE POLITICAL CON-
TRIBUTIONS.
Section 319(b)(2) of the Federal Election Campaign
Act of 1971 (2 U.S.C. 441e(b)(2)) is amended by inserting
after ‘‘United States’’ the following: ‘‘or a national of the
United States (as defined in section 101(a)(22) of the Im-
migration and Nationality Act)’’.
SEC. 318. PROHIBITION OF CONTRIBUTIONS BY MINORS.
Title III of the Federal Election Campaign Act of
1971 (2 U.S.C. 431 et seq.), as amended by section 101,
is further amended by adding at the end the following new
section:
‘‘PROHIBITION OF CONTRIBUTIONS BY MINORS
‘‘SEC. 324. An individual who is 17 years old or
younger shall not make a contribution to a candidate or
a contribution or donation to a committee of a political
party.’’.
SEC. 319. MODIFICATION OF INDIVIDUAL CONTRIBUTION
LIMITS FOR HOUSE CANDIDATES IN RE-
SPONSE TO EXPENDITURES FROM PERSONAL
FUNDS.
(a) INCREASED LIMITS.—Title III of the Federal
Election Campaign Act of 1971 (2 U.S.C. 431 et seq.)
is amended by inserting after section 315 the following
new section:
‘‘MODIFICATION OF CERTAIN LIMITS FOR HOUSE CAN-
DIDATES
IN
RESPONSE
TO
PERSONAL
FUND
EX-
PENDITURES OF OPPONENTS
‘‘SEC. 315A. (a) AVAILABILITY
OF
INCREASED
LIMIT.—
‘‘(1) IN GENERAL.—Subject to paragraph (3),
if the opposition personal funds amount with respect
to a candidate for election to the office of Represent-
ative in, or Delegate or Resident Commissioner to,
the Congress exceeds $350,000—
‘‘(A) the limit under subsection (a)(1)(A)
with respect to the candidate shall be tripled;
‘‘(B) the limit under subsection (a)(3)
shall not apply with respect to any contribution
made with respect to the candidate if the con-
tribution is made under the increased limit al-
lowed under subparagraph (A) during a period
in which the candidate may accept such a con-
tribution; and
‘‘(C) the limits under subsection (d) with
respect to any expenditure by a State or na-
tional committee of a political party on behalf
of the candidate shall not apply.
‘‘(2) DETERMINATION
OF
OPPOSITION
PER-
SONAL FUNDS AMOUNT.—
‘‘(A) IN
GENERAL.—The opposition per-
sonal funds amount is an amount equal to the
excess (if any) of—
‘‘(i) the greatest aggregate amount of
expenditures from personal funds (as de-
ignation, or statement required to be filed under the Fed-
eral Election Campaign Act of 1971.
(c) COORDINATION WITH OTHER AGENCIES.—Any
Federal executive agency receiving election-related infor-
mation which that agency is required by law to publicly
disclose shall cooperate and coordinate with the Federal
Election Commission to make such report available
through, or for posting on, the site of the Federal Election
Commission in a timely manner.
SEC. 503. ADDITIONAL DISCLOSURE REPORTS.
(a) PRINCIPAL CAMPAIGN COMMITTEES.—Section
304(a)(2)(B) of the Federal Election Campaign Act of
1971 is amended by striking ‘‘the following reports’’ and
all that follows through the period and inserting ‘‘the
treasurer shall file quarterly reports, which shall be filed
not later than the 15th day after the last day of each cal-
endar quarter, and which shall be complete as of the last
day of each calendar quarter, except that the report for
the quarter ending December 31 shall be filed not later
than January 31 of the following calendar year.’’.
(b) 
NATIONAL
COMMITTEE
OF
A
POLITICAL
PARTY.—Section 304(a)(4) of such Act (2 U.S.C.
434(a)(4)) is amended by adding at the end the following
flush sentence: ‘‘Notwithstanding the preceding sentence,