Campaign Spending Integrity Act

Bill: 114-hr-5884
Sponsor: full_name: Rep. Ruiz, Raul [D-CA-36]
Introduced: 2016-07-14
Policy area: Government Operations and Politics
Subjects: Business ethics

Corporate finance and management

Elections, voting, political campaign regulation
Latest action: action_date: 2016-07-14
text: Referred to the House Committee on House Administration.

Summaries:
action_date: 2016-07-14
action_desc: Introduced in House
text: <p><b>Campaign Spending Integrity Act</b></p> <p>This bill amends the Federal Election Campaign Act of 1971 to prohibit a candidate for election to federal office from using amounts contributed to the candidate's campaign to make payments to vendors owned or controlled by the candidate.</p>

tv_txt: I 114th CONGRESS 2d Session H. R. 5884 IN THE HOUSE OF REPRESENTATIVES July 14, 2016 Mr. Ruiz introduced the following bill; which was referred to the Committee on House Administration A BILL To amend the Federal Election Campaign Act of 1971 to prohibit a candidate for election for Federal office from using amounts contributed to the candidate’s campaign to make payments to vendors owned or controlled by the candidate.

1. Short title This Act may be cited as the Campaign Spending Integrity Act . 2. Prohibiting use of campaign funds for payments to vendors owned or controlled by candidate (a) Prohibition Section 313(b) of the Federal Election Campaign Act of 1971 ( 52 U.S.C. 30114(b) ) is amended by adding at the end the following new paragraph: (3) Treatment of payments to vendors owned or controlled by candidate as conversion (A) In general For purposes of paragraph (1), a contribution to an authorized committee of a candidate shall be considered to be converted to the personal use of the candidate if the contribution is used to make a payment to a vendor which is owned or controlled by the candidate. (B) Determination of ownership and control For purposes of subparagraph (A), a vendor shall be considered to be owned or controlled by a candidate if the candidate— (i) is a member of the board of directors or similar governing body of the vendor; or (ii) directly or indirectly owns or controls 51 percent or more of the voting shares of the vendor. . (b) Effective date The amendment made by subsection (a) shall apply with respect to payments made on or after the date of the enactment of this Act.