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shall include the following information in reports filed
under subsection (a)(2) and subsection (a)(6)(A):
‘‘(1) With respect to each report filed under
such subsection—
‘‘(A) the total contributions received by the
committee with respect to the election cycle in-
volved from local individual residents (as de-
fined in section 315(i)(7)), as of the last day of
the period covered by the report;
‘‘(B) the total contributions received by the
committee with respect to the election cycle in-
volved which are not from local individual resi-
dents, as of the last day of the period covered
by the report; and
‘‘(C) a certification as to whether the con-
tributions reported comply with the limitation
under section 315(i), as of the last day of the
period covered by the report.
‘‘(2) In the case of the first report filed under
such subsection which covers the period which begins
19 days before an election and ends 20 days after
the election—
‘‘(A) the total contributions received by the
committee with respect to the election cycle in-
volved from local individual residents (as de-
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fined in section 315(i)(7)), as of the last day of
such period;
‘‘(B) the total contributions received by the
committee with respect to the election cycle in-
volved which are not from local individual resi-
dents, as of the last day of such period; and
‘‘(C) a certification as to whether the con-
tributions reported comply with the limitation
under section 315(i), as of the last day of such
period.’’.
SEC. 5. PROHIBITING BUNDLING OF CONTRIBUTIONS TO
CANDIDATES BY POLITICAL ACTION COMMIT-
TEES AND LOBBYISTS.
Section 316 of the Federal Election Campaign Act
of 1971 (2 U.S.C. 441b) is amended by adding at the end
the following new subsection:
‘‘(c)(1) No political action committee or person re-
quired to register under the Lobbying Disclosure Act of
1995 (2 U.S.C. 1601 et seq.) may act as an intermediary
or conduit with respect to a contribution to a candidate
for Federal office.
‘‘(2) In this subsection, the term ‘political action com-
mittee’ means any political committee which is not—
‘‘(A) the principal campaign committee of a
candidate; or
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‘‘(B) a political party committee.’’.
SEC. 6. MODIFICATION OF LIMITATIONS ON CONTRIBU-
TIONS WHEN CANDIDATES SPEND OR CON-
TRIBUTE LARGE AMOUNTS OF PERSONAL
FUNDS.
(a) IN GENERAL.—Section 315 of the Federal Elec-
tion Campaign Act of 1971 (2 U.S.C. 441a), as amended
by section 4(a), is further amended by adding at the end
the following new subsection:
‘‘(j)(1) Notwithstanding subsection (a), if in a gen-
eral election a House candidate makes expenditures of per-
sonal funds (including contributions by the candidate to
the candidate’s authorized campaign committee) in an
amount in excess of the amount of the limitation estab-
lished under subsection (a)(1)(A) and less than or equal
to $150,000 (as reported under section 304(a)(2)(A)), a
political party committee may make contributions to an
opponent of the House candidate without regard to any
limitation otherwise applicable to such contributions under
subsection (a), except that the opponent may not accept
aggregate contributions under this paragraph in an
amount greater than the greatest amount of personal
funds expended (including contributions to the candidate’s
authorized campaign committee) by any House candidate
(other than such opponent) with respect to the election
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(as reported in a notification submitted under section
304(a)(6)(B)).
‘‘(2) If a House candidate makes expenditures of per-
sonal funds (including contributions by the candidate to
the candidate’s authorized campaign committee) with re-
spect to an election in an amount greater than $150,000
(as reported under section 304(a)(2)(A)), the following
rules shall apply:
‘‘(A) In the case of a general election, the limi-
tations under subsections (a)(1) and (a)(2) (insofar
as such limitations apply to political party commit-
tees and to individuals) shall not apply to contribu-
tions to the candidate or to any opponent of the can-
didate, except that neither the candidate nor any op-
ponent may accept aggregate contributions under
this subparagraph and paragraph (1) in an amount
greater than the greatest amount of personal funds
(including contributions to the candidate’s author-
ized campaign committee) expended by any House
candidate with respect to the election (as reported
in 
a 
notification 
submitted 
under 
section
304(a)(6)(B)).
‘‘(B) In the case of an election other than a
general election, the limitations under subsection
(a)(1) (insofar as such limitations apply to individ-
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uals) shall not apply to contributions to the can-
didate or to any opponent of the candidate, except
that neither the candidate or any opponent may ac-
cept aggregate contributions under this subpara-
graph in an amount greater than the greatest
amount of personal funds (including contributions to
the candidate’s authorized campaign committee) ex-
pended by any House candidate with respect to the
election (as reported in a notification submitted
under section 304(a)(6)(B)).
‘‘(3) In this subsection, the term ‘House candidate’
means a candidate in an election for the office of Rep-
resentative in, or Delegate or Resident Commissioner to,
the Congress.’’.
(b) NOTIFICATION OF EXPENDITURES OF PERSONAL
FUNDS.—Section 304(a)(6) of such Act (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)(i) The principal campaign committee of a
House candidate (as defined in section 315(j)(3)) shall
submit the following notifications relating to expenditures
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of personal funds by such candidate (including contribu-
tions by the candidate to such committee):
‘‘(I) A notification of the first such expenditure
(or contribution) by which the aggregate amount of
personal funds expended (or contributed) with re-
spect to an election exceeds the amount of the limi-
tation established under section 315(a)(1)(A) for
elections in the year involved.
‘‘(II) A notification of each such expenditure
(or contribution) which, taken together with all such
expenditures (and contributions) in any amount not
included in the most recent report under this sub-
paragraph, totals $5,000 or more.
‘‘(III) A notification of the first such expendi-
ture (or contribution) by which the aggregate
amount of personal funds expended with respect to
the election exceeds the level applicable under sec-
tion 315(j)(2) for elections in the year involved.
‘‘(ii) Each of the notifications submitted under clause
(i)—
‘‘(I) shall be submitted not later than 24 hours
after the expenditure or contribution which is the
subject of the notification is made;
‘‘(II) shall include the name of the candidate,
the office sought by the candidate, and the date of
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the expenditure or contribution and amount of the
expenditure or contribution involved; and
‘‘(III) shall include the total amount of all such
expenditures and contributions made with respect to
the same election as of the date of expenditure or
contribution which is the subject of the notifica-
tion.’’.
SEC. 7. DEFINITION AMENDMENT.
Paragraph (19) of section 301 of the Federal Elec-
tion Campaign Act of 1971 (2 U.S.C. 431(19)) is amend-
ed to read as follows:
‘‘(19) The term ‘expressly advocating’ means that—
‘‘(A) the qualifications, views, or fitness for of-
fice of the candidate are discussed; or
‘‘(B) a voter is urged to vote for or against the
specified candidate.’’.
SEC. 8. REDUCTION IN LIMITATION AMOUNT APPLICABLE
TO CONTRIBUTIONS BY MULTICANDIDATE
POLITICAL COMMITTEES TO CANDIDATES.
Section 315(a)(2)(A) of the Federal Election Cam-
paign Act of 1971 (2 U.S.C. 441a(a)(2)(A)) is amended
by striking ‘‘$5,000’’ and inserting ‘‘$2,000’’.
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SEC. 9. EFFECTIVE DATE.
Except as otherwise provided, the amendments made
by this Act shall apply with respect to elections occurring
after December 31, 2001.
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