ment of participation with the Commission in which the 
candidate certifies each of the following: 
‘‘(1) In the election cycle, the candidate has re-
ceived $10,000 in contributions from individuals. 
‘‘(2) The candidate qualifies for the primary or 
general election ballot. 
‘‘(3) The candidate has an opponent on the pri-
mary or general election ballot. 
‘‘(4) The candidate will not receive contribu-
tions or make expenditures with respect to the elec-
tion in excess of— 
‘‘(A) $500,000; or 
‘‘(B) the aggregate matching payment 
limit for the candidate under section 501(b), 
whichever is greater. 
‘‘(5) The candidate agrees to cooperate in the 
case of any audit by the Commission by furnishing 
such campaign records and other information as the 
Commission may require. 
‘‘(b) REPAYMENT OF MATCHING FUNDS.—If an eli-
gible House of Representatives candidate receives con-
tributions or makes expenditures in excess of the spending 
limit specified in subsection (a)(4), the candidate shall 
repay the House of Representatives Election Campaign 
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Account described in section 503 an amount equal to the 
amounts spent in excess of such limit. 
‘‘SEC. 503. HOUSE OF REPRESENTATIVES ELECTION CAM-
PAIGN ACCOUNT. 
‘‘(a) ACCOUNT.— 
‘‘(1) IN GENERAL.—The Secretary shall main-
tain in the Presidential Election Campaign Fund es-
tablished by section 9006(a) of the Internal Revenue 
Code of 1986, in addition to any other accounts 
maintained under such section, a separate account 
to be known as the House of Representatives Elec-
tion Campaign Account. 
‘‘(2) AMOUNTS.—The Secretary shall deposit in 
the Account, for use by eligible House of Represent-
atives candidates— 
‘‘(A) the amounts available after the Sec-
retary determines that the amounts in the Pres-
idential Election Campaign Fund necessary for 
payments under subtitle H of the Internal Rev-
enue Code of 1986 are adequate; 
‘‘(B) any repayments made under section 
502(b); and 
‘‘(C) any amount appropriated pursuant to 
the supplemental authorization described in 
paragraph (3). 
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‘‘(3) SUPPLEMENTAL AUTHORIZATION.—If the 
Secretary issues a certification that amounts in the 
Account will not be adequate to make payments 
under this title during a fiscal year, there are au-
thorized to be appropriated for such fiscal year for 
deposit in the Account such sums as may be nec-
essary to ensure that amounts in the Account will be 
adequate to make such payments (as provided by the 
Secretary in the certification). 
‘‘(4) AVAILABILITY.—All amounts in the Ac-
count shall remain available without fiscal year limi-
tation. 
‘‘(b) CERTIFICATION AND PAYMENT.— 
‘‘(1) CERTIFICATION.—Except as provided in 
paragraphs (2) and (3), not later than 5 days after 
receiving a request for payment under this title from 
an eligible House of Representatives candidate, the 
Commission shall submit to the Secretary of the 
Treasury a certification for payment of the amount 
to which a candidate is entitled under section 501. 
Upon receipt of such a certification, the Secretary 
shall promptly pay to the candidate from the House 
of Representatives Election Campaign Account 
maintained pursuant to subsection (a) the amount 
certified by the Commission. 
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‘‘(2) PAYMENTS.—The initial payment under 
this section to an eligible candidate shall be $10,000. 
All payments shall be— 
‘‘(A) made not later than 48 hours after 
certification under paragraph (1); and 
‘‘(B) subject to proportional reduction in 
the case of an insufficient balance in the Ac-
count maintained pursuant to subsection (a). 
‘‘(3) INCORRECT REQUEST.—If the Commission 
determines that any portion of a request is incorrect, 
the Commission shall withhold the certification for 
that portion only and inform the candidate as to 
how the candidate may correct the request.’’. 
(b) EFFECTIVE DATE.—The amendment made by 
subsection (a) shall apply with respect to elections occur-
ring after December 2006. 
Æ 
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