Leadership PAC Limitation Act

Bill: 115-hr-593
Sponsor: full_name: Rep. Capuano, Michael E. [D-MA-7]
Introduced: 2017-01-20
Policy area: Government Operations and Politics
Subjects: Congressional elections

Elections, voting, political campaign regulation
Latest action: action_date: 2017-01-20
text: Referred to the House Committee on House Administration.

Summaries:
action_date: 2017-01-20
action_desc: Introduced in House
text: <p><b>Leadership PAC Limitation Act </b></p> <p>This bill amends the Federal Election Campaign Act of 1971 to prohibit the conversion of leadership PAC funds to personal use. A leadership PAC is a political action committee (other than a political committee of a political party) that is established, financed, maintained, or controlled by the candidate or an individual but which is not an authorized committee of the candidate or individual and not affiliated with an authorized committee of the candidate or individual.</p>

tv_txt: I 115th CONGRESS 1st Session H. R. 593 IN THE HOUSE OF REPRESENTATIVES January 20, 2017 Mr. Capuano (for himself, Mr. Jones , and Mr. Peters ) 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 the conversion of leadership PAC funds to personal use.

1. Short title This Act may be cited as the Leadership PAC Limitation Act . 2. Prohibiting conversion of leadership PAC funds to personal use (a) Prohibition Section 313(b)(1) of the Federal Election Campaign Act of 1971 ( 52 U.S.C. 30114(b)(1) ) is amended by inserting after “subsection (a)” the following: “or funds of a leadership PAC (as defined in section 304(i)(8)(B))”. (b) Effective Date The amendment made by subsection (a) shall apply with respect to elections occurring on or after the date of the enactment of this Act.