portion of such election cycle ending with
the close of the taxable year, or
‘‘(ii) in the case of the taxable year in
which such election cycle ends, for the en-
tire election cycle.
‘‘(3) CONTRIBUTION
LIMITATIONS.—The con-
tribution limitations of this paragraph are satisfied
by any candidate for any election cycle (or portion
thereof) if—
‘‘(A) the sum of the following amounts
does not exceed $600,000:
‘‘(i) the amount of cash and the fair
market value of other property held by
campaign committees of such candidate as
of the beginning of such election cycle, plus
‘‘(ii) the aggregate amount of political
contributions accepted by such candidate
or by such candidate’s campaign commit-
tees during such election cycle (or portion
thereof), and
‘‘(B) the aggregate amount of political
contributions from multicandidate political com-
mittees accepted by such candidate or by such
candidate’s campaign committees during such
election cycle (or portion thereof) does not ex-
ceed $300,000.
‘‘(4) EXCESS CAMPAIGN CONTRIBUTIONS.—
‘‘(A) IN GENERAL.—For purposes of this
subsection, the term ‘excess campaign contribu-
tions’ means the amount of contributions re-
ceived by the political organization during the
taxable year to the extent such contributions
exceed the amount permitted under the con-
tribution limitations of paragraph (3).
‘‘(B) SPECIAL
RULE.—For purposes of
this subtitle, contributions received during the
portion of any election cycle before the first tax-
able year beginning in such cycle shall be treat-
ed as received in such first taxable year.
‘‘(5) ELECTION CYCLE.—For purposes of this
subsection, the term ‘election cycle’ means the period
beginning with the day after the date of a general
election for the House of Representatives and ending
with the date of the next general election for the
House of Representatives.
‘‘(6) MULTICANDIDATE
POLITICAL
COMMIT-
TEE.—The term ‘multicandidate political committee’
has the meaning given such term by section
315(a)(4) of the Federal Election Campaign Act of
1971 (2 U.S.C. 441a(a)(4)).’’
(b) EFFECTIVE DATE.—The amendment made by
subsection (a) shall apply to taxable years beginning after
the date of the enactment of this Act.
SEC. 2. DENIAL OF LOWEST UNIT CHARGE FOR CAMPAIGN
ADS.
Section 315(b) of the Communications Act of 1934
(47 U.S.C. 315(b)) is amended by adding at the end the
following new sentence:
‘‘The limitations on charges contained in this subsection
shall not apply in the case of a candidate for election as
a Member of, or Delegate or Resident Commissioner to,
the United States House of Representatives unless such
candidate certifies, at the time of entering into a contract
for the use of such broadcasting station, that such can-
didate has not obtained any excess campaign contributions
for the current election cycle, as determined under section
527(i)(4) of the Internal Revenue Code of 1986.’’.
SEC. 3. REDUCED THIRD-CLASS MAILING RATES.
(a) IN GENERAL.—Section 3626(e) of title 39, Unit-
ed States Code, is amended—
(1) in paragraph (2)(A)—
(A) by striking ‘‘and the National’’ and in-
serting ‘‘the National’’; and
(B) by striking ‘‘Committee;’’ and insert-
ing ‘‘Committee, and, subject to paragraph (3),
a campaign committee of a candidate for the
House of Representatives;’’;
(2) in paragraph (2)(B), by striking ‘‘and’’
after the semicolon;
(3) in paragraph (2)(C), by striking the period
and inserting ‘‘; and’’;
(4) by adding after paragraph (2)(C) the fol-
lowing:
‘‘(D) the term ‘candidate for the House of Rep-
resentatives’ means a candidate for election as a
Member of, or Delegate or Resident Commissioner
to, the House of Representatives.’’; and
(5) by adding after paragraph (2) the following:
‘‘(3) The rates under this subsection shall not be
available to a campaign committee of a candidate for the
House of Representatives unless such committee certifies,
at such time and in such manner as the Postal Service
by regulation requires, that such candidate has not ob-
tained any excess campaign contributions for the current
election cycle, as determined under section 527(i)(4) of the
Internal Revenue Code of 1986.’’.
(b) SENSE OF THE CONGRESS.—It is the sense of
the Congress that any additional costs incurred by the
United Postal Service in connection with providing re-
duced rates of postage pursuant to the amendments made
by subsection (a) should be funded out of any revenues
attributable to the amendment made by section 1.
Æ