We the People Democracy Reform Act of 2017

Bill: 115-s-1880
Sponsor: Sen. Udall, Tom [D-NM]
Introduced: 2017-09-27 in the Senate
Policy area: Government Operations and Politics
Subjects: Administrative law and regulatory procedures
Banking and financial institutions regulation
Broadcasting, cable, digital technologies
Business ethics
Civil actions and liability
Commodity Futures Trading Commission
Congressional districts and representation
Congressional elections
Congressional oversight
Consumer Financial Protection Bureau
Corporate finance and management
Department of the Treasury
Elections, voting, political campaign regulation
Employee benefits and pensions
Employee hiring
Executive agency funding and structure
Federal Communications Commission (FCC)
Federal Deposit Insurance Corporation (FDIC)
Federal Election Commission (FEC)
Federal Housing Finance Agency
Federal Reserve System
Federal officials
Financial services and investments
Foreign and international corporations
Fraud offenses and financial crimes
Government buildings, facilities, and property
Government employee pay, benefits, personnel management
Government ethics and transparency, public corruption
Government information and archives
Government studies and investigations
Government trust funds
House of Representatives
Income tax credits
Inflation and prices
Judicial review and appeals
Licensing and registrations
National Credit Union Administration
Office of Government Ethics
Office of Management and Budget (OMB)
Personnel records
Political advertising
Political parties and affiliation
Presidents and presidential powers, Vice Presidents
Public contracts and procurement
Public participation and lobbying
Sales and excise taxes
Securities and Exchange Commission (SEC)
Senate
State and local finance
State and local government operations
Supreme Court
Tax administration and collection, taxpayers
Tax-exempt organizations
U.S. and foreign investments
Voting rights
Wages and earnings

Summary:
action_date: 2017-09-27
text: 

We the People Democracy Reform Act of 2017

 
This bill amends various provisions related to elections, including by:
 
 
expanding the ban on election contributions by foreign nationals to include corporations subject to specified levels of ownership or control by foreign nationals or governments; 
 
expanding and otherwise revising various disclosure and reporting requirements related to campaign communications; 
 
imposing penalties for willfully violating limits related to campaign contributions for coordinated expenditures; 
 
revising notification requirements for campaign contributions of $1,000 or more from any contributor during a calendar year; 
 
replacing the Federal Election Commission with the Federal Election Administration, which shall enforce specified election-related laws and formulate related policies; 
 
imposing restrictions on covered financial-services regulators, such as by prohibiting them from using their position to influence any matter that provides a direct and substantial pecuniary benefit to certain former employers or clients; 
 
requiring the President and Vice President to disclose financial interests, including tax returns, to Congress and the Office of Government Ethics; 
 
modifying the system for the public financing of presidential elections, including by providing for 600% matching funds for smaller campaign contributions and requiring a candidate who accepts public financing to agree not to accept certain bundled contributions; 
 
requiring each state to conduct redistricting through a plan developed by an independent commission or, if such a commission plan is not enacted, a plan developed and enacted by the U.S. District Court for the District of Columbia; and 
 
directing states to permit same-day voter registration.



Legislative actions:
action_date: 2017-09-27
text: Read twice and referred to the Committee on Finance.
action_date: 2017-09-27
text: Introduced in Senate