115 HR 3954 IH: Empower Act of 2017 U.S. House of Representatives 2017-10-04 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
I115th CONGRESS1st SessionH. R. 3954IN THE HOUSE OF REPRESENTATIVESOctober 4, 2017Mr. Price of North Carolina introduced the following bill; which was referred to the Committee on House AdministrationA BILLTo amend the Internal Revenue Code of 1986 to reform the system of public financing for Presidential elections, and for other purposes.
1.
Short title; table of contents
(a)
Short title
This Act may be cited as the Empower Act of 2017. (b)
Table of contents
The table of contents of this Act is as follows: Sec. 1. Short title; table of contents. TITLE I—Primary Elections Sec. 1001. Increase in and modifications to matching payments. Sec. 1002. Eligibility requirements for matching payments. Sec. 1003. Repeal of expenditure limitations. Sec. 1004. Period of availability of matching payments. Sec. 1005. Examination and audits of matchable contributions. Sec. 1006. Modification to limitation on contributions for Presidential primary candidates. TITLE II—General Elections Sec. 2001. Modification of eligibility requirements for public financing. Sec. 2002. Repeal of expenditure limitations and use of qualified campaign contributions. Sec. 2003. Matching payments and other modifications to payment amounts. Sec. 2004. Increase in limit on coordinated party expenditures. Sec. 2005. Establishment of uniform date for release of payments. Sec. 2006. Amounts in Presidential Election Campaign Fund. Sec. 2007. Use of general election payments for general election legal and accounting compliance. TITLE III—Other Campaign Finance Reforms Sec. 3001. Regulations with respect to best efforts for identifying persons making contributions. Sec. 3002. Rules relating to joint fundraising committees. Sec. 3003. Disclosure of bundled contributions to Presidential campaigns; increase in threshold for bundled contributions by lobbyists. Sec. 3004. Repeal of special contribution limits for contributions to national parties for certain purposes. Sec. 3005. Judicial review of actions related to campaign finance laws. Sec. 3006. Treatment of internet communications made by political committees as public communications. Sec. 3007. Clarification of applicability of contribution limits to certain political committees.
<enum>I</enum><header>Primary elections</header> <section id="HDCAED32C67714987A6A9B6A789CE053A"><enum>1001.</enum><header>Increase in and modifications to matching payments</header> <subsection id="H23E8B31028784B789EE5A69474914211"><enum>(a)</enum><header>Increase and modification</header> <paragraph id="H0FBCBE1DF0A74980B6B95B01286399B9"><enum>(1)</enum><header>In general</header><text>The first sentence of <external-xref legal-doc="usc" parsable-cite="usc/26/9034">section 9034(a)</external-xref> of the Internal Revenue Code of 1986 is amended—</text> <subparagraph id="H1E6312CE80B44FF2B282081F4A7B8A12"><enum>(A)</enum><text>by striking <quote>an amount equal to the amount of each contribution</quote> and inserting <quote>an amount equal to 600 percent of the amount of each matchable contribution (disregarding any amount of contributions from any person to the extent that the total of the amounts contributed by such person for the election exceeds $200)</quote>; and</text> </subparagraph><subparagraph id="HBA30664705AD4AAA8970C84486F1B79B"><enum>(B)</enum><text>by striking <quote>authorized committees</quote> and all that follows through <quote>$250</quote> and inserting <quote>authorized committees</quote>.</text> </subparagraph></paragraph><paragraph id="H67C9CB7254A5472E95CF4F2B72BB56E1"><enum>(2)</enum><header>Matchable contributions</header><text>Section 9034 of such Code is amended—</text> <subparagraph id="H0FCEB28CBAAC4472A46DFD4D314A8ADF"><enum>(A)</enum><text>by striking the last sentence of subsection (a); and</text> </subparagraph><subparagraph id="HE22D37FDFD8E4CFBB3A20C605F1D4EA7"><enum>(B)</enum><text>by inserting after subsection (b) the following new subsection:</text> <quoted-block display-inline="no-display-inline" id="H76DA931CCD5A4942A159BCFA0791122C" style="OLC"> <subsection id="H186CB14F86E34C39B79766621985F8F0"><enum>(c)</enum><header>Matchable contribution defined</header><text>For purposes of this section and section 9033(b)—</text> <paragraph id="H88FBD8D33663475DA524C561875F78D0"><enum>(1)</enum><header>Matchable contribution</header><text>The term <term>matchable contribution</term> means, with respect to the nomination for election to the office of President of the United States, a contribution by an individual to a candidate or an authorized committee of a candidate with respect to which the candidate has certified in writing that—</text> <subparagraph id="H9313F2CCA7954002A46A6800B489F9A1"><enum>(A)</enum><text display-inline="yes-display-inline">the individual making such contribution has not made aggregate contributions (including such matchable contribution) to such candidate and the authorized committees of such candidate in excess of $1,000 for the election;</text> </subparagraph><subparagraph id="HCF70AB276E104514881905FF0EB0C77D"><enum>(B)</enum><text>such candidate and the authorized committees of such candidate will not accept contributions from such individual (including such matchable contribution) aggregating more than the amount described in subparagraph (A); and</text> </subparagraph><subparagraph commented="no" id="HDCB59123BB06445684D9DE079C7D7690"><enum>(C)</enum><text>such contribution was not—</text> <clause commented="no" id="H38B4C3E5B2564F8D9007DE31C38DE2DE"><enum>(i)</enum><text>forwarded from the contributor by any person other than an individual, or</text> </clause><clause commented="no" id="H52AB970D37E2452D9FD534E06FBFCA92"><enum>(ii)</enum><text>received by the candidate or committee from a contributor or contributors, but credited by the committee or candidate to another person who is not an individual through records, designations, or other means of recognizing (whether in writing or not in writing) that a certain amount of money has been raised by such person.</text> </clause></subparagraph></paragraph><paragraph id="HA092AEBA9FE8468FADF71EE7C50DA1CE"><enum>(2)</enum><header>Contribution</header><text>For purposes of this subsection, the term <term>contribution</term> means a gift of money made by a written instrument which identifies the individual making the contribution by full name and mailing address, but does not include a subscription, loan, advance, or deposit of money, or anything of value or anything described in subparagraph (B), (C), or (D) of section 9032(4).</text></paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block> </subparagraph></paragraph><paragraph id="H544902E2BEF949C1B35EED19E0D22C88"><enum>(3)</enum><header>Conforming amendments</header> <subparagraph id="H19649A395AD540798A6DBE90CCB040D7"><enum>(A)</enum><text>Section 9032(4) of such Code is amended by striking <quote>section 9034(a)</quote> and inserting <quote>section 9034</quote>.</text> </subparagraph><subparagraph id="HE131FEBCEECA40B6A23145F298AF7A0D"><enum>(B)</enum><text>Section 9033(b)(3) of such Code is amended by striking <quote>matching contributions</quote> and inserting <quote>matchable contributions</quote>.</text> </subparagraph></paragraph></subsection><subsection id="HD2146AF4FE634CD8B07A40D4868104B0"><enum>(b)</enum><header>Modification of payment limitation</header> <paragraph id="H7CFC09A9875842EDAC17325D74F6F644"><enum>(1)</enum><header>In general</header><text>Section 9034(b) of such Code is amended—</text> <subparagraph id="HFEA23CAF935741CDA23E7F9FB1DED317"><enum>(A)</enum><text>by striking <quote>Every</quote> and inserting the following:</text> <quoted-block display-inline="no-display-inline" id="H5F1D28E8BD5F4238BB4B70B924A1C960" style="OLC"> <paragraph id="H2A49E817F48248F9A260B240FCA73FB9"><enum>(1)</enum><header>In general</header><text>Every</text></paragraph><after-quoted-block>,</after-quoted-block></quoted-block> </subparagraph></paragraph><paragraph id="H2CE620F637974346BA52B4DFBDCA5E7B"><enum>(2)</enum><text>by striking <quote>shall not exceed</quote> and all that follows and inserting <quote>shall not exceed $300,000,000.</quote>, and</text> </paragraph><paragraph id="H42AE0A29439C4101A2C02D63612E272C"><enum>(3)</enum><text>by adding at the end the following new paragraph:</text> <quoted-block display-inline="no-display-inline" id="H3C76A3A9C17846EDB7D6C0D2C3FE1939" style="OLC"> <paragraph id="H0D59B9CCE19C405B96938EFAF2344EF0"><enum>(3)</enum><header>Inflation adjustment</header> <subparagraph id="H6E5AD5C1F603415F93ECAC286DF87237"><enum>(A)</enum><header>In general</header><text>In the case of any applicable period beginning after 2019, the dollar amount in paragraph (1) shall be increased by an amount equal to—</text> <clause id="H528355206E284A62917F5CF4A0F7D552"><enum>(i)</enum><text>such dollar amount, multiplied by</text> </clause><clause id="H92E8E7FA443E4B6599E1A30E68A28271"><enum>(ii)</enum><text>the cost-of-living adjustment determined under section 1(f)(3) for the calendar year following the year which such applicable period begins, determined by substituting <quote>calendar year 2018</quote> for <quote>calendar year 1992</quote> in subparagraph (B) thereof.</text> </clause></subparagraph><subparagraph id="H7CB07C8EC12149F09E35E7F6363F5316"><enum>(B)</enum><header>Applicable period</header><text>For purposes of this paragraph, the term <term>applicable period</term> means the 4-year period beginning with the first day following the date of the general election for the office of President and ending on the date of the next such general election.</text> </subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="H0FCCDC86524F443C9C293C190FB9252D"><enum>(C)</enum><header>Rounding</header><text>If any amount as adjusted under subparagraph (1) is not a multiple of $10,000, such amount shall be rounded to the nearest multiple of $10,000.</text></subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block> </paragraph></subsection></section><section id="H3409DDCD404A41B295FC796E136EE036"><enum>1002.</enum><header>Eligibility requirements for matching payments</header> <subsection id="H3EA878AD45C944A7B51E34DF32F91F83"><enum>(a)</enum><header>Amount of aggregate contributions per State; disregarding of amounts contributed in excess of $200</header><text><external-xref legal-doc="usc" parsable-cite="usc/26/9033">Section 9033(b)(3)</external-xref> of the Internal Revenue Code of 1986 is amended—</text> <paragraph id="H54C84B9635F745BA9F72ACCA63909294"><enum>(1)</enum><text>by striking <quote>$5,000</quote> and inserting <quote>$25,000</quote>; and</text> </paragraph><paragraph id="H75A4F70994F64FBD941CC2C63FB3713E"><enum>(2)</enum><text>by striking <quote>20 States</quote> and inserting the following: <quote>20 States (disregarding any amount of contributions from any such resident to the extent that the total of the amounts contributed by such resident for the election exceeds $200)</quote>.</text> </paragraph></subsection><subsection id="HC5A04773183D4A6F8E7EDD6E85861DF8"><enum>(b)</enum><header>Contribution limit</header> <paragraph id="H6CF62CF9AF154665A133FF940EC314CE"><enum>(1)</enum><header>In general</header><text>Paragraph (4) of section 9033(b) of such Code is amended to read as follows:</text> <quoted-block display-inline="no-display-inline" id="H6622A1C90646440D892E4900A01B9BD6" style="OLC"> <paragraph id="HEE6CE54EB00B4B3491DC8C5558142F71"><enum>(4)</enum><text>the candidate and the authorized committees of the candidate will not accept aggregate contributions from any person with respect to the nomination for election to the office of President of the United States in excess of $1,000 for the election.</text></paragraph><after-quoted-block>.</after-quoted-block></quoted-block> </paragraph><paragraph commented="no" id="H6F9477EDB0D94C57B2ECE2C32F2924B9"><enum>(2)</enum><header>Conforming amendments</header> <subparagraph commented="no" id="HCAE76977D4AA4B3F90E36602BCA4F44D"><enum>(A)</enum><text>Section 9033(b) of such Code is amended by adding at the end the following new flush sentence:</text> <quoted-block display-inline="no-display-inline" id="H453283D1112E4611AF4E12E53C28B1F6" style="OLC"> <quoted-block-continuation-text commented="no" quoted-block-continuation-text-level="subsection">For purposes of paragraph (4), the term <term>contribution</term> has the meaning given such term in section 301(8) of the Federal Election Campaign Act of 1971.</quoted-block-continuation-text><after-quoted-block>.</after-quoted-block></quoted-block> </subparagraph><subparagraph commented="no" id="H85A6841877A34348917EAA3CA793D0B1"><enum>(B)</enum><text>Section 9032(4) of such Code, as amended by section 1001(a)(3)(A) is amended by inserting <quote>or 9033(b)</quote> after <quote>9034</quote>.</text> </subparagraph></paragraph></subsection><subsection id="H56A1353FD9B54110A973EA2DCF44C988"><enum>(c)</enum><header>Ban on acceptance of bundled contributions</header><text>Section 9033(b) of such Code, as amended by subsection (b), is amended—</text> <paragraph id="HDDB09800F08A47389B4079050381E16F"><enum>(1)</enum><text>by striking <quote>and</quote> at the end of paragraph (3);</text> </paragraph><paragraph id="H124E763B18E84396B90C7B064905C96F"><enum>(2)</enum><text>by striking the period at the end of paragraph (4) and inserting <quote>, and</quote>; and</text> </paragraph><paragraph commented="no" display-inline="no-display-inline" id="HC5544DB345CC4B27BC5A1DB9402B0518"><enum>(3)</enum><text>by adding at the end the following new paragraph:</text> <quoted-block display-inline="no-display-inline" id="H2756A979A0E24132A90E69C8B8DE148D" style="OLC"> <paragraph commented="no" display-inline="no-display-inline" id="H1E2C5C679DDF407A935DAC2371F69D26"><enum>(5)</enum><text display-inline="yes-display-inline">the candidate and the authorized committee of the candidate will not accept any bundled contribution (as defined in section 304(i)(8) of the Federal Election Campaign Act of 1971) forwarded by or credited to a person described in section 304(i)(7) of such Act.</text></paragraph><after-quoted-block>.</after-quoted-block></quoted-block> </paragraph></subsection><subsection id="HE6ACC58506C640A0BA80E863F49020C1"><enum>(d)</enum><header>Participation in system for payments for general election</header><text>Section 9033(b) of such Code, as amended by subsection (c), is amended—</text> <paragraph id="HF06E5DA5B67442158F530930258FC704"><enum>(1)</enum><text>by striking <quote>and</quote> at the end of paragraph (4);</text> </paragraph><paragraph id="H045E11CB7C544DBD9D8921C5C8DD665F"><enum>(2)</enum><text>by striking the period at the end of paragraph (5) and inserting <quote>, and</quote>; and</text> </paragraph><paragraph id="HB96D07693BC94D37BCCB9C626979E98B"><enum>(3)</enum><text>by adding at the end the following new paragraph:</text> <quoted-block display-inline="no-display-inline" id="H8DF2B89E23F34C679A48DE64DF114536" style="OLC"> <paragraph id="H5486B78FEDB24C3397D854F78CF2C2C2"><enum>(6)</enum><text>if the candidate is nominated by a political party for election to the office of President, the candidate will apply for and accept payments with respect to the general election for such office in accordance with chapter 95.</text></paragraph><after-quoted-block>.</after-quoted-block></quoted-block> </paragraph></subsection></section><section id="HA604A41FA3BF48FF8252D3036505115A"><enum>1003.</enum><header>Repeal of expenditure limitations</header> <subsection id="H5EFF18E9E40B4C2586F85F5790E77029"><enum>(a)</enum><header>In general</header><text>Subsection (a) of <external-xref legal-doc="usc" parsable-cite="usc/26/9035">section 9035</external-xref> of the Internal Revenue Code of 1986 is amended to read as follows:</text> <quoted-block display-inline="no-display-inline" id="H2A3705D88F1C44268FF735E3C62617F3" style="OLC"> <subsection id="H093D10409C694EA6B746FE2B8B45ADC8"><enum>(a)</enum><header>Personal expenditure limitation</header><text>No candidate shall knowingly make expenditures from his personal funds, or the personal funds of his immediate family, in connection with his campaign for nomination for election to the office of President in excess of, in the aggregate, $50,000.</text></subsection><after-quoted-block>.</after-quoted-block></quoted-block> </subsection><subsection id="H86EAF3414DD94A11915F010A734FEC6E"><enum>(b)</enum><header>Conforming amendment</header><text>Paragraph (1) of <external-xref legal-doc="usc" parsable-cite="usc/26/9033">section 9033(b)</external-xref> of the Internal Revenue Code of 1986 is amended to read as follows:</text> <quoted-block display-inline="no-display-inline" id="H883365BFD6AC4358BC65F8F96A9F48E2" style="OLC"> <paragraph id="HB201475847E8437FBCEB35BB3ED1E9FC"><enum>(1)</enum><text>the candidate will comply with the personal expenditure limitation under section 9035,</text></paragraph><after-quoted-block>.</after-quoted-block></quoted-block> </subsection></section><section id="H9A59C96966814A8EA0DCA10D50ED967C"><enum>1004.</enum><header>Period of availability of matching payments</header><text display-inline="no-display-inline"><external-xref legal-doc="usc" parsable-cite="usc/26/9032">Section 9032(6)</external-xref> of the Internal Revenue Code of 1986 is amended by striking <quote>the beginning of the calendar year in which a general election for the office of President of the United States will be held</quote> and inserting <quote>the date that is 6 months prior to the date of the earliest State primary election</quote>.</text> </section><section id="HB736263B131D43A19D4EBAD4BAD92EC1"><enum>1005.</enum><header>Examination and audits of matchable contributions</header><text display-inline="no-display-inline"><external-xref legal-doc="usc" parsable-cite="usc/26/9038">Section 9038(a)</external-xref> of the Internal Revenue Code of 1986 is amended by inserting <quote>and matchable contributions accepted by</quote> after <quote>qualified campaign expenses of</quote>.</text> </section><section commented="no" display-inline="no-display-inline" id="H93CD5BDB1E864A6EA244B78196ACA288"><enum>1006.</enum><header>Modification to limitation on contributions for Presidential primary candidates</header><text display-inline="no-display-inline">Section 315(a)(6) of the Federal Election Campaign Act of 1971 (<external-xref legal-doc="usc" parsable-cite="usc/52/30116">52 U.S.C. 30116(a)(6)</external-xref>) is amended by striking <quote>calendar year</quote> and inserting <quote>four-year election cycle</quote>.</text> </section><enum>II</enum><header>General elections</header> <section id="HDE266F1DFCA144549A5302862F83C08A"><enum>2001.</enum><header>Modification of eligibility requirements for public financing</header><text display-inline="no-display-inline">Subsection (a) of <external-xref legal-doc="usc" parsable-cite="usc/26/9003">section 9003</external-xref> of the Internal Revenue Code of 1986 is amended to read as follows:</text> <quoted-block display-inline="no-display-inline" id="H01A2844582C74AFFBEE7D35ECFE240D0" style="OLC"> <subsection id="HFB69AFD5EFB245C799D3FF2A57A1BD27"><enum>(a)</enum><header>In general</header><text>In order to be eligible to receive any payments under section 9006, the candidates of a political party in a presidential election shall meet the following requirements:</text> <paragraph commented="no" display-inline="no-display-inline" id="H335D0BE455EB482C895E3050F2E729E6"><enum>(1)</enum><header>Participation in primary payment system</header><text>The candidate for President received payments under chapter 96 for the campaign for nomination for election to be President.</text> </paragraph><paragraph id="H1CCA28405D16469893F5BD06C839284C"><enum>(2)</enum><header>Agreements with Commission</header><text>The candidates, in writing—</text> <subparagraph id="H5519C9B659A74E988351C6B76A5F9395"><enum>(A)</enum><text>agree to obtain and furnish to the Commission such evidence as it may request of the qualified campaign expenses of such candidates,</text> </subparagraph><subparagraph id="HABFD761F028B40D3B09D7B60ECF90013"><enum>(B)</enum><text>agree to keep and furnish to the Commission such records, books, and other information as it may request, and</text> </subparagraph><subparagraph id="H8A91FF863ABF446891785B31C989E002"><enum>(C)</enum><text>agree to an audit and examination by the Commission under section 9007 and to pay any amounts required to be paid under such section.</text> </subparagraph></paragraph><paragraph id="H2963A6E01F094114A30CE5BDBE25EC53"><enum>(3)</enum><header>Ban on bundled contributions</header><text>The candidates certify to the Commission, under penalty of perjury and within such time prior to the day of the presidential election as the Commission shall prescribe by rules or regulations, that the candidates and the authorized committees of such candidates will not accept any bundled contribution (as defined in section 304(i)(8) of the Federal Election Campaign Act of 1971) forwarded by or credited to a person described in section 304(i)(7) of such Act.</text></paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block> </section><section commented="no" display-inline="no-display-inline" id="H7A595FF9D46C443EA55C2F736F61BE44"><enum>2002.</enum><header>Repeal of expenditure limitations and use of qualified campaign contributions</header> <subsection commented="no" display-inline="no-display-inline" id="H60B16585D4B24A68A33FACC1DCAAD369"><enum>(a)</enum><header>Use of qualified campaign contributions without expenditure limits; application of same requirements for major, minor, and new parties</header><text><external-xref legal-doc="usc" parsable-cite="usc/26/9003">Section 9003</external-xref> of the Internal Revenue Code of 1986 is amended by striking subsections (b) and (c) and inserting the following:</text> <quoted-block display-inline="no-display-inline" id="HE6C16C38476B43C785EFCEC4469AE879" style="OLC"> <subsection commented="no" display-inline="no-display-inline" id="H5E3A83BF51EA43FD85D77E18D90D0588"><enum>(b)</enum><header>Use of Qualified Campaign Contributions To Defray Expenses</header> <paragraph id="H23527B5CE62F49E08BC77F6550506398"><enum>(1)</enum><header>In general</header><text>In order to be eligible to receive any payments under section 9006, the candidates of a party in a presidential election shall certify to the Commission, under penalty of perjury, that—</text> <subparagraph commented="no" display-inline="no-display-inline" id="HADF922A46AE847949E3E5DA4733D7A76"><enum>(A)</enum><text>such candidates and their authorized committees have not and will not accept any contributions to defray qualified campaign expenses other than—</text> <clause commented="no" display-inline="no-display-inline" id="H109F7D600F3849C3A9698B2BDA06F9F4"><enum>(i)</enum><text>qualified campaign contributions, and</text> </clause><clause commented="no" display-inline="no-display-inline" id="H9DAC4BA0BFB44CAE9F4C5D31595639CB"><enum>(ii)</enum><text>contributions to the extent necessary to make up any deficiency payments received out of the fund on account of the application of section 9006(c), and</text> </clause></subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="H044019DEF6FC418694CF4F6527CBD7D4"><enum>(B)</enum><text>such candidates and their authorized committees have not and will not accept any contribution to defray expenses which would be qualified campaign expenses but for subparagraph (C) of section 9002(11).</text> </subparagraph></paragraph><paragraph id="HB4311DF4DB78459EBC8E4C4831122BAE"><enum>(2)</enum><header>Timing of certification</header><text>The candidate shall make the certification required under this subsection at the same time the candidate makes the certification required under subsection (a)(3).</text></paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block> </subsection><subsection id="HCB5F022B1E71443DBD6A14EDD4690657"><enum>(b)</enum><header>Definition of qualified campaign contribution</header><text>Section 9002 of such Code is amended by adding at the end the following new paragraph:</text> <quoted-block display-inline="no-display-inline" id="HF78FF3BBFE3643AABFA79B38A449398C" style="OLC"> <paragraph id="HEEB02ABDCDE84F09A7848E464BE4EC99"><enum>(13)</enum><header>Qualified campaign contribution</header><text>The term <term>qualified campaign contribution</term> means, with respect to any election for the office of President of the United States, a contribution from an individual to a candidate or an authorized committee of a candidate which—</text> <subparagraph id="H648E5D0B4B134DED9BA2AC8174FCE30E"><enum>(A)</enum><text display-inline="yes-display-inline">does not exceed $1,000 for the election; and</text> </subparagraph><subparagraph id="H36575F1BF2D840CF935D2FF4E6CA1173"><enum>(B)</enum><text>with respect to which the candidate has certified in writing that—</text> <clause id="H5F192FE74B7D408B99A240797D0D628F"><enum>(i)</enum><text>the individual making such contribution has not made aggregate contributions (including such qualified contribution) to such candidate and the authorized committees of such candidate in excess of the amount described in subparagraph (A), and</text> </clause><clause commented="no" display-inline="no-display-inline" id="H8E9BFA2A06114AF09DE2D7B70C80374C"><enum>(ii)</enum><text>such candidate and the authorized committees of such candidate will not accept contributions from such individual (including such qualified contribution) aggregating more than the amount described in subparagraph (A) with respect to such election.</text></clause></subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block> </subsection><subsection id="H8B53BBBEF7DE4BBB8C768845799A3AAB"><enum>(c)</enum><header>Conforming amendments</header> <paragraph id="H53DF534165624ADFB1443A14FF07555D"><enum>(1)</enum><header>Repeal of expenditure limits</header> <subparagraph id="HF8547F7CCAAE43BAA6EDD6989C26FC52"><enum>(A)</enum><header>In general</header><text>Section 315 of the Federal Election Campaign Act of 1971 (<external-xref legal-doc="usc" parsable-cite="usc/52/30116">52 U.S.C. 30116</external-xref>) is amended by striking subsection (b).</text> </subparagraph><subparagraph id="HA53145CFC2A944B8A2279B7928F467FD"><enum>(B)</enum><header>Conforming amendments</header><text>Section 315(c) of such Act (<external-xref legal-doc="usc" parsable-cite="usc/52/30116">52 U.S.C. 30116(c)</external-xref>) is amended—</text> <clause id="H6DE92271540A4197A04976D5D5D77934"><enum>(i)</enum><text>in paragraph (1)(B)(i), by striking <quote>, (b)</quote>; and</text> </clause><clause id="H94D6767A8762496F8D28DC5C8E8DE05D"><enum>(ii)</enum><text>in paragraph (2)(B)(i), by striking <quote>subsections (b) and (d)</quote> and inserting <quote>subsection (d)</quote>.</text> </clause></subparagraph></paragraph><paragraph id="H3619D00237D54776B645C0B65F65F79F"><enum>(2)</enum><header>Repeal of repayment requirement</header> <subparagraph id="H6CCD4FAE7044488F803041ACD37858A4"><enum>(A)</enum><header>In general</header><text><external-xref legal-doc="usc" parsable-cite="usc/26/9007">Section 9007(b)</external-xref> of the Internal Revenue Code of 1986 is amended by striking paragraph (2) and redesignating paragraphs (3), (4), and (5) as paragraphs (2), (3), and (4), respectively.</text> </subparagraph><subparagraph id="H46516515C42649F2848DA8A5A0BD777F"><enum>(B)</enum><header>Conforming amendment</header><text>Paragraph (2) of section 9007(b) of such Code, as redesignated by subparagraph (A), is amended—</text> <clause id="HF979DCFC71E744EF9FA46C4673EE84BF"><enum>(i)</enum><text>by striking <quote>a major party</quote> and inserting <quote>a party</quote>;</text> </clause><clause id="H87CCDC897B9B43DAA65627BD91DBB4DD"><enum>(ii)</enum><text>by inserting <quote>qualified contributions and</quote> after <quote>contributions (other than</quote>; and</text> </clause><clause id="HB5F78C0ACFF04CD0986A048EAD49F500"><enum>(iii)</enum><text>by striking <quote>(other than qualified campaign expenses with respect to which payment is required under paragraph (2))</quote>.</text> </clause></subparagraph></paragraph><paragraph id="H5EF4DDC9EC76474792F5EF04E1B07200"><enum>(3)</enum><header>Criminal penalties</header> <subparagraph id="H261A33ECDDD246A5A534C93063EB12FA"><enum>(A)</enum><header>Repeal of penalty for excess expenses</header><text><external-xref legal-doc="usc" parsable-cite="usc/26/9012">Section 9012</external-xref> of the Internal Revenue Code of 1986 is amended by striking subsection (a).</text> </subparagraph><subparagraph id="H0B2543D8BE804D9489BEEC12F886F644"><enum>(B)</enum><header>Penalty for acceptance of disallowed contributions; application of same penalty for candidates of major, minor, and new parties</header><text display-inline="yes-display-inline">Subsection (b) of section 9012 of such Code is amended to read as follows:</text> <quoted-block display-inline="no-display-inline" id="H228A2374869945F8AD908FE11EBB170F" style="OLC"> <subsection id="H074312287BFF4777A47CDEFE58DE59B8"><enum>(b)</enum><header>Contributions</header> <paragraph id="HBB1750869BC540EF948EB6731120EE0A"><enum>(1)</enum><header>Acceptance of disallowed contributions</header><text display-inline="yes-display-inline">It shall be unlawful for an eligible candidate of a party in a presidential election or any of his authorized committees knowingly and willfully to accept any contribution to defray qualified campaign expenses, except to the extent necessary to make up any deficiency in payments received out of the fund on account of the application of section 9006(c), or to defray expenses which would be qualified campaign expenses but for subparagraph (C) of section 9002(11).</text> </paragraph><paragraph id="H6EFD820D29B444C6B8D86793BE5E97AF"><enum>(2)</enum><header>Penalty</header><text display-inline="yes-display-inline">Any person who violates paragraph (1) shall be fined not more than $5,000, or imprisoned not more than one year, or both. In the case of a violation by an authorized committee, any officer or member of such committee who knowingly and willfully consents to such violation shall be fined not more than $5,000, or imprisoned not more than one year, or both.</text></paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block> </subparagraph></paragraph></subsection></section><section id="H6B2E29B8F8254EA3A31764F7C769A693"><enum>2003.</enum><header>Matching payments and other modifications to payment amounts</header> <subsection id="HF10CB3CE54504A06986A996E7D4A535A"><enum>(a)</enum><header>In general</header> <paragraph id="H5E4BD1EA53A440C1B46053F7A16F889E"><enum>(1)</enum><header>Amount of payments; application of same amount for candidates of major, minor, and new parties</header><text display-inline="yes-display-inline">Subsection (a) of <external-xref legal-doc="usc" parsable-cite="usc/26/9004">section 9004</external-xref> of the Internal Revenue Code of 1986 is amended to read as follows:</text> <quoted-block display-inline="no-display-inline" id="H828D75542EAB4B0EB8B3E082225B3A4F" style="OLC"> <subsection id="HE725083947B0434C91249B34AE24794C"><enum>(a)</enum><header>In general</header><text>Subject to the provisions of this chapter, the eligible candidates of a party in a presidential election shall be entitled to equal payment under section 9006 in an amount equal to 600 percent of the amount of each matchable contribution received by such candidate or by the candidate’s authorized committees (disregarding any amount of contributions from any person to the extent that the total of the amounts contributed by such person for the election exceeds $200), except that total amount to which a candidate is entitled under this paragraph shall not exceed $300,000,000.</text></subsection><after-quoted-block>.</after-quoted-block></quoted-block> </paragraph><paragraph id="HA730534A5A624A339A624AE4D737AA9E"><enum>(2)</enum><header>Repeal of separate limitations for candidates of minor and new parties; inflation adjustment</header><text>Subsection (b) of section 9004 of such Code is amended to read as follows:</text> <quoted-block display-inline="no-display-inline" id="H35B296EFF813416EB869602F499DE159" style="OLC"> <subsection id="H5D063039F26C4424B2B5080AA497B655"><enum>(b)</enum><header>Inflation adjustment</header> <paragraph id="H21F83A855FBB4B2791CE6AB28F837CEF"><enum>(1)</enum><header>In general</header><text>In the case of any applicable period beginning after 2019, the $300,000,000 dollar amount in subsection (a) shall be increased by an amount equal to—</text> <subparagraph id="HACFDEB4AA5D04C4A8B7694F6C4666631"><enum>(A)</enum><text>such dollar amount; multiplied by</text> </subparagraph><subparagraph id="H97CD1BAA30A4417782B7C596802E4DAB"><enum>(B)</enum><text>the cost-of-living adjustment determined under section 1(f)(3) for the calendar year following the year which such applicable period begins, determined by substituting <quote>calendar year 2018</quote> for <quote>calendar year 1992</quote> in subparagraph (B) thereof.</text> </subparagraph></paragraph><paragraph id="H0D15003B7CF34C89BAB175ED119BD508"><enum>(2)</enum><header>Applicable period</header><text>For purposes of this subsection, the term <term>applicable period</term> means the 4-year period beginning with the first day following the date of the general election for the office of President and ending on the date of the next such general election.</text> </paragraph><paragraph commented="no" display-inline="no-display-inline" id="HBA6DFAD716254C16845A8C347B311E21"><enum>(3)</enum><header>Rounding</header><text>If any amount as adjusted under paragraph (1) is not a multiple of $10,000, such amount shall be rounded to the nearest multiple of $10,000.</text></paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block> </paragraph><paragraph id="H8C75919175764486A9097B9917439ED7"><enum>(3)</enum><header>Conforming amendment</header><text>Section 9005(a) of such Code is amended by adding at the end the following new sentence: <quote>The Commission shall make such additional certifications as may be necessary to receive payments under section 9004.</quote>.</text> </paragraph></subsection><subsection id="H04C14C611DFA4E5FB04B763ECE3FE57E"><enum>(b)</enum><header>Matchable contribution</header><text>Section 9002 of such Code, as amended by section 2002, is amended by adding at the end the following new paragraph:</text> <quoted-block display-inline="no-display-inline" id="HF33F883A80494A688C08E20A99417CBD" style="OLC"> <paragraph id="H832A0BB63CE04B208E974E3EB3F94437"><enum>(14)</enum><header>Matchable contribution</header><text>The term <term>matchable contribution</term> means, with respect to the election to the office of President of the United States, a contribution by an individual to a candidate or an authorized committee of a candidate with respect to which the candidate has certified in writing that—</text> <subparagraph id="H39666AEAF05A4A8FB74F1EC64E11BEB9"><enum>(A)</enum><text>the individual making such contribution has not made aggregate contributions (including such matchable contribution) to such candidate and the authorized committees of such candidate in excess of $1,000 for the election;</text> </subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="H8701F318F3FE4FFF97D9D839F3F0BA1B"><enum>(B)</enum><text>such candidate and the authorized committees of such candidate will not accept contributions from such individual (including such matchable contribution) aggregating more than the amount described in subparagraph (A) with respect to such election; and</text> </subparagraph><subparagraph commented="no" id="HDEEA7F89FBE741CE90A54F602C69D224"><enum>(C)</enum><text>such contribution was not—</text> <clause commented="no" id="H2D8C4363D9A04228A672891F783AB87F"><enum>(i)</enum><text>forwarded from the contributor by any person other than an individual, or</text> </clause><clause commented="no" id="H204669B205A94754A7F9CE85B9866106"><enum>(ii)</enum><text>received by the candidate or committee from a contributor or contributors, but credited by the committee or candidate to another person who is not an individual through records, designations, or other means of recognizing (whether in writing or not in writing) that a certain amount of money has been raised by such person.</text></clause></subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block> </subsection></section><section id="HF06EF89458324C2D933806A1DA2045B3"><enum>2004.</enum><header>Increase in limit on coordinated party expenditures</header> <subsection id="H96A2F05E3017476F944D5CFB6BB5E194"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline">Section 315(d)(2) of the <act-name parsable-cite="FECA">Federal Election Campaign Act of 1971</act-name> (<external-xref legal-doc="usc" parsable-cite="usc/52/30116">52 U.S.C. 30116(d)(2)</external-xref>) is amended to read as follows:</text> <quoted-block display-inline="no-display-inline" id="H3E8EBEB7640B473399D52AD5927C62A3" style="OLC"> <paragraph id="HD4670DB0E714462F98C2C16D2CE0F507" indent="up1"><enum>(2)</enum> <subparagraph commented="no" display-inline="yes-display-inline" id="H2E63B36253C9497F95F69E672C6C5E7A"><enum>(A)</enum><text>The national committee of a political party may not make any expenditure in connection with the general election campaign of any candidate for President of the United States who is affiliated with such party which exceeds $100,000,000.</text> </subparagraph><subparagraph id="H583C8A9500D54A30B549681DDFCDCC4B" indent="up1"><enum>(B)</enum><text>For purposes of this paragraph—</text> <clause id="H8D408B992B0447C59FECE73209BC5A44"><enum>(i)</enum><text>any expenditure made by or on behalf of a national committee of a political party and in connection with a presidential election shall be considered to be made in connection with the general election campaign of a candidate for President of the United States who is affiliated with such party; and</text> </clause><clause id="H675C088506E5408C8F87B8E589B0D2C9"><enum>(ii)</enum><text>any communication made by or on behalf of such party shall be considered to be made in connection with the general election campaign of a candidate for President of the United States who is affiliated with such party if any portion of the communication is in connection with such election.</text> </clause></subparagraph><subparagraph id="HC67A00BCBE1940EB8013C98B3BD4A910" indent="up1"><enum>(C)</enum><text>Any expenditure under this paragraph shall be in addition to any expenditure by a national committee of a political party serving as the principal campaign committee of a candidate for the office of President of the United States.</text></subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block> </subsection><subsection id="H6F6EF33A9BBD453C95F16B9908BE7F97"><enum>(b)</enum><header>Conforming Amendments Relating to Timing of Cost-of-Living Adjustment</header> <paragraph id="H391F4ACB40364CC2A65601A8231895AA"><enum>(1)</enum><header>In general</header><text>Section 315(c)(1) of such Act (<external-xref legal-doc="usc" parsable-cite="usc/52/30116">52 U.S.C. 30116(c)(1)</external-xref>), as amended by section 2002(c)(1)(B), is amended—</text> <subparagraph id="H3D88EF13E03E4E089CC458BA82BD1D14"><enum>(A)</enum><text>in subparagraph (B), by striking <quote>(d)</quote> and inserting <quote>(d)(3)</quote>; and</text> </subparagraph><subparagraph id="H0579203BC1494FC6891EA79C4AD6B750"><enum>(B)</enum><text>by inserting at the end the following new subparagraph:</text> <quoted-block display-inline="no-display-inline" id="H9E640A26082448DF9E7CEA726C990C21" style="OLC"> <subparagraph id="HF4D125AA467749D68B5B6E4135B60D47" indent="up2"><enum>(D)</enum><text>In any calendar year after 2018—</text> <clause id="H3824CACED40F4B169332B8FBB1634650"><enum>(i)</enum><text>the dollar amount in subsection (d)(2) shall be increased by the percent difference determined under subparagraph (A);</text> </clause><clause id="H82EFE57367C84CDFB57667679AFF09A0"><enum>(ii)</enum><text>the amount so increased shall remain in effect for the calendar year; and</text> </clause><clause id="HA72E5A5530AD406BA5B76A25F56C0570"><enum>(iii)</enum><text>if the amount after adjustment under clause (i) is not a multiple of $100, such amount shall be rounded to the nearest multiple of $100.</text></clause></subparagraph><after-quoted-block>.</after-quoted-block></quoted-block> </subparagraph></paragraph><paragraph id="H47FF962771804720AD6D483BDBC883BB"><enum>(2)</enum><header>Base year</header><text>Section 315(c)(2)(B) of such Act (<external-xref legal-doc="usc" parsable-cite="usc/52/30116">52 U.S.C. 30116(c)(2)(B)</external-xref>), as amended by section 2002(c)(1)(B), is amended—</text> <subparagraph id="H9C4F3F0E7490494AB2FD92F4F0AA3054"><enum>(A)</enum><text>in clause (i)—</text> <clause id="H0251DFAED8244ABA9079CE7CCE0D2957"><enum>(i)</enum><text>by striking <quote>(d)</quote> and inserting <quote>(d)(3)</quote>; and</text> </clause><clause id="HC9CFCE25FFBF4D09800016CC0D927204"><enum>(ii)</enum><text>by striking <quote>and</quote> at the end;</text> </clause></subparagraph><subparagraph id="H693F89A5BAB749998F923C9F970F9576"><enum>(B)</enum><text>in clause (ii), by striking the period at the end and inserting <quote>; and</quote>; and</text> </subparagraph><subparagraph id="H60663157D365424D950E10581B3EABE2"><enum>(C)</enum><text>by adding at the end the following new clause:</text> <quoted-block id="HFC48A8CB19814D9AAF43BC27C72B33A2"> <clause id="H62751CF5F9AC4EA485597FE3139D151F" indent="up1"><enum>(iii)</enum><text>for purposes of subsection (d)(2), calendar year 2017.</text></clause><after-quoted-block>.</after-quoted-block></quoted-block> </subparagraph></paragraph></subsection></section><section id="H20E7E276218F4AA59F2B3B27DF543CF5"><enum>2005.</enum><header>Establishment of uniform date for release of payments</header> <subsection id="H3D248FDF775543C4B544461C870DAE8B"><enum>(a)</enum><header>Date for payments</header> <paragraph id="H7A8169C5C42D455D9D11992334FAA788"><enum>(1)</enum><header>In general</header><text><external-xref legal-doc="usc" parsable-cite="usc/26/9006">Section 9006(b)</external-xref> of the Internal Revenue Code of 1986 is amended to read as follows:</text> <quoted-block display-inline="no-display-inline" id="HA3F71AF78D4C476D99F6A8210C0A2E76" style="OLC"> <subsection id="H6F478254D3ED4252955875110595FA5B"><enum>(b)</enum><header>Payments from the Fund</header><text>If the Secretary of the Treasury receives a certification from the Commission under section 9005 for payment to the eligible candidates of a political party, the Secretary shall pay to such candidates out of the fund the amount certified by the Commission on the later of—</text> <paragraph id="HC829A8438B9E44848FEE14856AF78D3E"><enum>(1)</enum><text>the last Friday occurring before the first Monday in September; or</text> </paragraph><paragraph id="H4E630251C0274F83B5A39B6ED9512041"><enum>(2)</enum><text>24 hours after receiving the certifications for the eligible candidates of all major political parties.</text> </paragraph><continuation-text continuation-text-level="subsection">Amounts paid to any such candidates shall be under the control of such candidates.</continuation-text></subsection><after-quoted-block>.</after-quoted-block></quoted-block> </paragraph><paragraph id="HDD279F9C95D643D9924A7C20ADF3E971"><enum>(2)</enum><header>Conforming Amendment</header><text>The first sentence of section 9006(c) of such Code is amended by striking <quote>the time of a certification by the Commission under section 9005 for payment</quote> and inserting <quote>the time of making a payment under subsection (b)</quote>.</text> </paragraph></subsection><subsection id="H23103407C3D34A3FA06F946FD5BD7688"><enum>(b)</enum><header>Time for certification</header><text><external-xref legal-doc="usc" parsable-cite="usc/26/9005">Section 9005(a)</external-xref> of the Internal Revenue Code of 1986 is amended by striking <quote>10 days</quote> and inserting <quote>24 hours</quote>.</text> </subsection></section><section id="H067D33ACBE214A4AAEB1278B743B9EFE"><enum>2006.</enum><header>Amounts in Presidential Election Campaign Fund</header> <subsection id="HF5A0B28957384EF58F1C6CC0C105EA8E"><enum>(a)</enum><header>Determination of amounts in fund</header><text display-inline="yes-display-inline"><external-xref legal-doc="usc" parsable-cite="usc/26/9006">Section 9006(c)</external-xref> of the Internal Revenue Code of 1986 is amended by adding at the end the following new sentence: <quote>In making a determination of whether there are insufficient moneys in the fund for purposes of the previous sentence, the Secretary shall take into account in determining the balance of the fund for a Presidential election year the Secretary’s best estimate of the amount of moneys which will be deposited into the fund during the year, except that the amount of the estimate may not exceed the average of the annual amounts deposited in the fund during the previous 3 years.</quote>.</text> </subsection><subsection id="H7EBDF40C24EB4B5EBF60357DEF3595CD"><enum>(b)</enum><header>Special rule for first campaign cycle under this Act</header> <paragraph id="HCC066441716D46BDA7B1812137ADF82E"><enum>(1)</enum><header>In general</header><text><external-xref legal-doc="usc" parsable-cite="usc/26/9006">Section 9006</external-xref> of the Internal Revenue Code of 1986 is amended by adding at the end the following new subsection:</text> <quoted-block display-inline="no-display-inline" id="H3CF282B4072F4C2AA0329997F91FBF70" style="OLC"> <subsection commented="no" id="HFB88366C3F874255B07143C5994ECC1E"><enum>(d)</enum><header>Special authority To borrow</header> <paragraph commented="no" id="H25C2BE3F6035458BBC2759F39E82B66F"><enum>(1)</enum><header>In general</header><text>Notwithstanding subsection (c), there are authorized to be appropriated to the fund, as repayable advances, such sums as are necessary to carry out the purposes of the fund during the period ending on the first presidential election occurring after the date of the enactment of this subsection.</text> </paragraph><paragraph id="H2E2C102FCEE84455A51BE871E3C317FD"><enum>(2)</enum><header>Repayment of advances</header> <subparagraph id="HEED04AD1C71A41D9B6482F542F52B81F"><enum>(A)</enum><header>In general</header><text>Advances made to the fund shall be repaid, and interest on such advances shall be paid, to the general fund of the Treasury when the Secretary determines that moneys are available for such purposes in the fund.</text> </subparagraph><subparagraph id="H1609BB820F6F440FA9803B19F31DF5E3"><enum>(B)</enum><header>Rate of interest</header><text>Interest on advances made to the fund shall be at a rate determined by the Secretary of the Treasury (as of the close of the calendar month preceding the month in which the advance is made) to be equal to the current average market yield on outstanding marketable obligations of the United States with remaining periods to maturity comparable to the anticipated period during which the advance will be outstanding and shall be compounded annually.</text></subparagraph></paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block> </paragraph><paragraph commented="no" display-inline="no-display-inline" id="H0428761739F74A4F9A5A9369FD7651AE"><enum>(2)</enum><header>Effective date</header><text>The amendment made by this subsection shall take effect January 1, 2018.</text> </paragraph></subsection></section><section commented="no" display-inline="no-display-inline" id="H470965CBBD2D431F930980AB497C8EF0" section-type="subsequent-section"><enum>2007.</enum><header>Use of general election payments for general election legal and accounting compliance</header><text display-inline="no-display-inline"><external-xref legal-doc="usc" parsable-cite="usc/26/9002">Section 9002(11)</external-xref> of the Internal Revenue Code of 1986 is amended by adding at the end the following new sentence: <quote>For purposes of subparagraph (A), an expense incurred by a candidate or authorized committee for general election legal and accounting compliance purposes shall be considered to be an expense to further the election of such candidate.</quote>.</text> </section><enum>III</enum><header>Other Campaign Finance Reforms</header> <section id="H7C399F82ECF24FB8A69CB0E43686095A"><enum>3001.</enum><header>Regulations with respect to best efforts for identifying persons making contributions</header><text display-inline="no-display-inline">Not later than 6 months after the date of enactment of this Act, the Federal Election Commission shall promulgate regulations with respect to what constitutes best efforts under section 302(i) of the Federal Election Campaign Act of 1971 (<external-xref legal-doc="usc" parsable-cite="usc/52/30102">52 U.S.C. 30102(i)</external-xref>) for determining the identification of persons making contributions to political committees, including the identifications of persons making contributions over the Internet or by credit card. Such regulations shall include a requirement that in the case of contributions made by a credit card, the political committee shall ensure that the name on the credit card used to make the contribution matches the name of the person making the contribution.</text> </section><section id="H3242FEF476734E96B25EDFB00DF92C87"><enum>3002.</enum><header>Rules relating to joint fundraising committees</header> <subsection id="HC325C0478F5340C8AF37065FD185F735"><enum>(a)</enum><header>Prohibition on joint fundraising committees for candidates</header> <paragraph id="H8D5ACE9B4CB74FF6B18A613BCCC01528"><enum>(1)</enum><header>In general</header><text display-inline="yes-display-inline">Section 302(e) of the Federal Election Campaign Act of 1971 (<external-xref legal-doc="usc" parsable-cite="usc/52/30102">52 U.S.C. 30102(e)</external-xref>) is amended by adding at the end the following new paragraph:</text> <quoted-block display-inline="no-display-inline" id="HC438D2F27F9D478598AB3FC8F398097F" style="OLC"> <paragraph id="H05F8AB35DA4E4AF18886902BB01B5123" indent="up1"><enum>(6)</enum><text>No authorized committee of a candidate may establish, participate in, or have any involvement with any joint fundraising committee.</text></paragraph><after-quoted-block>. </after-quoted-block></quoted-block> </paragraph><paragraph id="H86ADB39AA265425D9BC97D48B8BF4366"><enum>(2)</enum><header>Conforming amendment</header><text>Section 302(e)(3)(A) of such Act (<external-xref legal-doc="usc" parsable-cite="usc/52/30102">52 U.S.C. 30102(e)(3)</external-xref>) is amended—</text> <subparagraph id="H11989808317C4DE2AEC108B225D4B5F5"><enum>(A)</enum><text>by striking <quote>except that</quote> and all that follows through <quote>the candidate</quote> and inserting <quote>except that the candidate</quote>,</text> </subparagraph><subparagraph id="H30F3E4621C184650B5D54CA7C852CB3F"><enum>(B)</enum><text>by striking <quote>; and</quote> and inserting a period, and</text> </subparagraph><subparagraph id="HDD59A44FA0A2495F8E77E40ABD963C5A"><enum>(C)</enum><text>by striking clause (ii).</text> </subparagraph></paragraph></subsection><subsection id="H9528E6E7C28C4D2F98ECF2560E028F3E"><enum>(b)</enum><header>Limitation on joint fundraising committees for party committees</header><text>Section 302 of the Federal Election Campaign Act of 1971 (<external-xref legal-doc="usc" parsable-cite="usc/52/30102">52 U.S.C. 30102</external-xref>) is amended by adding at the end the following new subsection:</text> <quoted-block display-inline="no-display-inline" id="H195EB205286A4869B932CFAC1A635575" style="OLC"> <subsection id="HA8EDE790AC9D4369BAE9CA4305124B02"><enum>(j)</enum><header>Participation of party committees in joint fundraising committees</header><text>No committee of a political party may establish, participate in, or have any involvement with any joint fundraising committee other than a joint fundraising committee that consists of the national committee of a political party and one other committee of the political party.</text></subsection><after-quoted-block>.</after-quoted-block></quoted-block> </subsection><subsection id="HF426D6674DA04D069E08F478CFA34815"><enum>(c)</enum><header>Effective date</header><text>The amendments made by this section shall take effect on January 1, 2018.</text> </subsection></section><section id="HEC44E670125E409490D52211025E2BA1"><enum>3003.</enum><header>Disclosure of bundled contributions to Presidential campaigns; increase in threshold for bundled contributions by lobbyists</header> <subsection id="HEB85356324CF4F4895BC28D9F1D878DC"><enum>(a)</enum><header>In general</header><text>Paragraphs (1) through (3) of section 304(i) of the Federal Election Campaign Act of 1971 (<external-xref legal-doc="usc" parsable-cite="usc/52/30104">52 U.S.C. 30104(i)</external-xref>) are amended to read as follows:</text> <quoted-block act-name="Federal Election Campaign Act of 1971" display-inline="no-display-inline" id="HEC30C62132BE4D2396C6100DD65563AD" style="OLC"> <paragraph id="H73995737D5A84985893145658E8E1033"><enum>(1)</enum><header>In general</header> <subparagraph id="H082C63F45A864E4A836502B35CDBD9CB"><enum>(A)</enum><header>Disclosure of bundled contributions by lobbyists</header><text>Each committee described in paragraph (6) shall include in the first report required to be filed under this section after each covered period (as defined in paragraph (2)) a separate schedule setting forth the name, address, and employer of each person reasonably known by the committee to be a person described in paragraph (7) who provided two or more bundled contributions to the committee in an aggregate amount greater than the applicable threshold (as defined in paragraph (3)) during the covered period, and the aggregate amount of the bundled contributions provided by each such person during the covered period.</text> </subparagraph><subparagraph id="H8693A709A9924E02ADA570BAE88EC8F9"><enum>(B)</enum><header>Disclosure of bundled contributions by political committees</header><text>Each committee described in paragraph (6) shall include in the first report required to be filed under this section after each covered period (as defined in paragraph (2)) a separate schedule setting forth the name of each political committee (other than a committee of a political party) which provided two or more bundled contributions to the committee in an aggregate amount greater than the applicable threshold (as defined in paragraph (3)) during the covered period, and the aggregate amount of the bundled contributions provided by each such political committee during the covered period.</text> </subparagraph><subparagraph id="H37A8A0F4FEA94EFBBFDBC862C358B0C9"><enum>(C)</enum><header>Disclosure of bundled contributions to presidential campaigns</header><text>Each committee which is an authorized committee of a candidate for the office of President or for nomination to such office shall include in the first report required to be filed under this section after each covered period (as defined in paragraph (2)) a separate schedule setting forth the name, address, and employer of each person who provided two or more bundled contributions to the committee in an aggregate amount greater than the applicable threshold (as defined in paragraph (3)) during the election cycle, and the aggregate amount of the bundled contributions provided by each such person during the covered period and such election cycle. Such schedule shall include a separate listing of the name, address, and employer of each person included on such schedule who is reasonably known by the committee to be a person described in paragraph (7), together with the aggregate amount of bundled contributions provided by such person during such period and such cycle.</text> </subparagraph></paragraph><paragraph id="HE7F4059516BB44DCBEFDF6C6B80921A3"><enum>(2)</enum><header>Covered period</header><text>In this subsection, a <term>covered period</term> means—</text> <subparagraph id="HFF17E1233D874D05BCA4C53A3174CE1D"><enum>(A)</enum><text>with respect to a committee which is an authorized committee of a candidate for the office of President or for nomination to such office—</text> <clause id="HF49B2E2A9E1446BBA52A1D2AA69A9A92"><enum>(i)</enum><text>the 4-year election cycle ending with the date of the election for the office of the President; and</text> </clause><clause id="H68482777F3664468BCBCEFE1BB57C1F5"><enum>(ii)</enum><text>any reporting period applicable to the committee under this section during which any person provided two or more bundled contributions to the committee; and</text> </clause></subparagraph><subparagraph id="H10446CC6A594482FA5BE680157C70B7B"><enum>(B)</enum><text>with respect to any other committee—</text> <clause id="HBC261F5DD4D04E31847E3FBBC2E11F9D"><enum>(i)</enum><text>the period beginning January 1 and ending June 30 of each year;</text> </clause><clause id="HB3E96AB9C2434139B8D3F33F7BC5BC67"><enum>(ii)</enum><text>the period beginning July 1 and ending December 31 of each year; and</text> </clause><clause id="H9688BC41FCAC4FBCAA447B58CD4987E0"><enum>(iii)</enum><text>any reporting period applicable to the committee under this section during which any person described in paragraph (7) provided two or more bundled contributions to the committee in an aggregate amount greater than the applicable threshold.</text> </clause></subparagraph></paragraph><paragraph id="HB4FD66CA8D444BC7937DD8298667FFA1"><enum>(3)</enum><header>Applicable threshold</header> <subparagraph id="HCB384854B3CB43E588FA52503B13D55C"><enum>(A)</enum><header>In general</header><text>In this subsection, the <term>applicable threshold</term> is—</text> <clause id="H278073AC701542288077ABD9B88DAE81"><enum>(i)</enum><text>$50,000 in the case of a committee which is an authorized committee of a candidate for the office of President or for nomination to such office; and</text> </clause><clause id="H5703F3F0E2744DCCA5A6F3D2BA8EAB62"><enum>(ii)</enum><text>$25,000 in the case of any other committee.</text> </clause><continuation-text continuation-text-level="subparagraph">In determining whether the amount of bundled contributions provided to a committee by a person exceeds the applicable threshold, there shall be excluded any contribution made to the committee by the person or the person's spouse.</continuation-text></subparagraph><subparagraph id="HA62E8A46C24B4A1FA7A75F117DE83953"><enum>(B)</enum><header>Indexing</header><text>In any calendar year after 2018, section 315(c)(1)(B) shall apply to each amount applicable under subparagraph (A) in the same manner as such section applies to the limitations established under subsections (a)(1)(A), (a)(1)(B), (a)(3), and (h) of such section, except that for purposes of applying such section to the amount applicable under subparagraph (A), the <quote>base period</quote> shall be 2017.</text> </subparagraph><subparagraph id="HF4803B2FD429471B9541374D75BF0084"><enum>(C)</enum><header>Aggregation of contributions from cosponsors of fundraising event</header><text>For purposes of determining the amount of bundled contributions provided by a person to a committee which were received by the person at a fundraising event sponsored by the person, or in response to an invitation to attend a fundraising event sponsored by the person, each person who is a sponsor of the event shall be considered to have provided to the committee the aggregate amount of all bundled contributions which were provided to the committee by all sponsors of the event.</text></subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block> </subsection><subsection id="H66CFCC30BEAD4D8083DF7190FE163248"><enum>(b)</enum><header>Conforming amendments</header><text>Section 304(i) of such Act (<external-xref legal-doc="usc" parsable-cite="usc/52/30104">52 U.S.C. 30104(i)</external-xref>) is amended—</text> <paragraph id="H9C4A1E5A88684F7E8D64D17EFA4F10BD"><enum>(1)</enum><text>in paragraph (5), by striking <quote>described in paragraph (7)</quote> each place it appears in subparagraphs (C) and (D);</text> </paragraph><paragraph id="HF89B0F7526B148359B7DFBC07865A364"><enum>(2)</enum><text>in paragraph (6), by inserting <quote>(other than a candidate for the office of President or for nomination to such office)</quote> after <quote>candidate</quote>; and</text> </paragraph><paragraph id="HB6582EB9341C40DE8CB76787476E9FCD"><enum>(3)</enum><text>in paragraph (8)(A)—</text> <subparagraph id="H9568EC0A33D848F7A6297499914CF21B"><enum>(A)</enum><text>by striking <quote>, with respect to a committee described in paragraph (6) and a person described in paragraph (7),</quote> and inserting <quote>, with respect to a committee described in paragraph (6) or an authorized committee of a candidate for the office of President or for nomination to such office,</quote>;</text> </subparagraph><subparagraph id="HFA73F5A42EC8448BA02D8B73BC3E6485"><enum>(B)</enum><text>by striking <quote>by the person</quote> in clause (i) thereof and inserting <quote>by any person</quote>; and</text> </subparagraph><subparagraph id="H5F25B5592556441386FBA2A1C4BFCDBD"><enum>(C)</enum><text>by striking <quote>the person</quote> each place it appears in clause (ii) and inserting <quote>such person</quote>.</text> </subparagraph></paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="H69A07E3A5D3C4B2B8BE74B1B8F15E44E"><enum>(c)</enum><header>Effective date</header><text>The amendments made by this section shall apply with respect to reports filed under section 304 of the Federal Election Campaign Act of 1971 after January 1, 2018.</text> </subsection></section><section id="H543583C561B64C90882576E97087C036"><enum>3004.</enum><header>Repeal of special contribution limits for contributions to national parties for certain purposes</header> <subsection id="H449123E7CE2B431896FA52CBE76DA9A4"><enum>(a)</enum><header>In general</header><text>Section 315(a) of the Federal Election Campaign Act of 1971 (<external-xref legal-doc="usc" parsable-cite="usc/52/30116">52 U.S.C. 30116(a)</external-xref>), as amended by section 2101(b) of Division N of the Consolidated and Further Continuing Appropriations Act, 2015 (<external-xref legal-doc="public-law" parsable-cite="pl/113/235">Public Law 113–235</external-xref>; 128 Stat. 2773), is amended—</text> <paragraph id="HE8AC0E5CB0144B79962E6359C6824F00"><enum>(1)</enum><text>in paragraph (1)(B), by striking <quote>, or, in the case of contributions made to any of the accounts described in paragraph (9), exceed 300 percent of the amount otherwise applicable under this subparagraph with respect to such calendar year</quote>,</text> </paragraph><paragraph id="HF5D7BED7B9BE4446857DA24126C29EC9"><enum>(2)</enum><text>in paragraph (2)(B), by striking <quote>, or, in the case of contributions made to any of the accounts described in paragraph (9), exceed 300 percent of the amount otherwise applicable under this subparagraph with respect to such calendar year</quote>, and</text> </paragraph><paragraph id="HFEDB0AB8144B4B069230EFFE1988E809"><enum>(3)</enum><text>by striking paragraph (9).</text> </paragraph></subsection><subsection id="H6557ABC4FEA24BA0B61AAD5F4B59C52D"><enum>(b)</enum><header>Conforming amendment</header><text>Section 315(d) of such Act (<external-xref legal-doc="usc" parsable-cite="usc/52/30116">52 U.S.C. 30116(d)</external-xref>), as amended by section 3002, is amended by striking paragraph (5).</text> </subsection><subsection commented="no" display-inline="no-display-inline" id="H671ACF5C62F146D8B603A09C5361B4F5"><enum>(c)</enum><header>Effective date</header><text>The amendments made by this section shall apply to contributions made after the date of the enactment of this Act.</text> </subsection><subsection commented="no" display-inline="no-display-inline" id="H10C65098A5934AA98AEEEBBD8265E33D"><enum>(d)</enum><header>Return of previously contributed amounts</header><text>Not later than 90 days after the date of the enactment of this Act, each political committee established and maintained by a political party shall distribute all amounts in accounts described in section 315(a)(9) of the Federal Election Campaign Act of 1971 (<external-xref legal-doc="usc" parsable-cite="usc/52/30116">52 U.S.C. 30116(a)(9)</external-xref>) to individuals who made contributions to such accounts. The amount distributed to any contributor form any account shall bear the same ratio to the amount of contributions made by such contributor to such account as the balance of such account on the date of the enactment of this Act bears to the total amount of contributions made to such account.</text> </subsection></section><section id="H3EFB76BF89434FFD89581D700234A270"><enum>3005.</enum><header>Judicial review of actions related to campaign finance laws</header> <subsection commented="no" id="H235FD6FF672D4E74B16971D2A3C06A80"><enum>(a)</enum><header>In general</header><text>Title IV of the Federal Election Campaign Act of 1971 (<external-xref legal-doc="usc" parsable-cite="usc/52/30141">52 U.S.C. 30141</external-xref> et seq.) is amended by inserting after section 406 the following new section:</text> <quoted-block display-inline="no-display-inline" id="H9D1192425ABF4BFB8C7A713836FBBDCB" style="OLC"> <section id="H5ABB92E3DABF486DAA36DB0F0F1B7A89"><enum>407.</enum><header>Judicial review</header> <subsection id="H851E47AD51A8450992606E62C7114B19"><enum>(a)</enum><header>In general</header><text>Notwithstanding section 373(f), if any action is brought for declaratory or injunctive relief to challenge the constitutionality of any provision of this Act or of chapter 95 or 96 of the Internal Revenue Code of 1986, or is brought to with respect to any action of the Commission under chapter 95 or 96 of the Internal Revenue Code of 1986, the following rules shall apply:</text> <paragraph id="HF2F66E9AFBD74EF482FD2FBDF4C4DDEE"><enum>(1)</enum><text>The action shall be filed in the United States District Court for the District of Columbia and an appeal from the decision of the district court may be taken to the Court of Appeals for the District of Columbia Circuit.</text> </paragraph><paragraph id="HBCE4805E876E4F1DA559CAC9E628EB8E"><enum>(2)</enum><text>In the case of an action relating to declaratory or injunctive relief to challenge the constitutionality of a provision—</text> <subparagraph id="H7B094FDFF90E4D4FAD9B3742CEE8BA1B"><enum>(A)</enum><text>a copy of the complaint shall be delivered promptly to the Clerk of the House of Representatives and the Secretary of the Senate; and</text> </subparagraph><subparagraph id="H979224EAB1AD4F8CB5B021F2D2FB41A7"><enum>(B)</enum><text>it shall be the duty of the United States District Court for the District of Columbia, the Court of Appeals for the District of Columbia, and the Supreme Court of the United States to advance on the docket and to expedite to the greatest possible extent the disposition of the action and appeal.</text> </subparagraph></paragraph></subsection><subsection id="H2677E42C7B09405AB44CB08B83E82ABC"><enum>(b)</enum><header>Intervention by Members of Congress</header><text>In any action in which the constitutionality of any provision of this Act or chapter 95 or 96 of the Internal Revenue Code of 1986 is raised, any member of the House of Representatives (including a Delegate or Resident Commissioner to the Congress) or Senate shall have the right to intervene either in support of or opposition to the position of a party to the case regarding the constitutionality of the provision. To avoid duplication of efforts and reduce the burdens placed on the parties to the action, the court in any such action may make such orders as it considers necessary, including orders to require interveners taking similar positions to file joint papers or to be represented by a single attorney at oral argument.</text> </subsection><subsection id="HFDF122B271A44EE0B93DBD550E863ED8"><enum>(c)</enum><header>Challenge by Members of Congress</header><text>Any Member of Congress may bring an action, subject to the special rules described in subsection (a), for declaratory or injunctive relief to challenge the constitutionality of any provision of this Act or chapter 95 or 96 of the Internal Revenue Code of 1986.</text></subsection></section><after-quoted-block>.</after-quoted-block></quoted-block> </subsection><subsection id="HA0CA2C9879C44F97B052C2F196898ACB"><enum>(b)</enum><header>Conforming amendments</header> <paragraph id="HB1E9A71EE5FA47E685CBC7022A71F81E"><enum>(1)</enum><header>In general</header> <subparagraph commented="no" id="HD75B6CD345974C95A16FC116F7A843D6"><enum>(A)</enum><text><external-xref legal-doc="usc" parsable-cite="usc/26/9011">Section 9011</external-xref> of the Internal Revenue Code of 1986 is amended to read as follows:</text> <quoted-block display-inline="no-display-inline" id="HF3248CCB3791417090DB05FA0B70E402" style="OLC"> <section id="H6B6A9D02759A49DBB4BF8EC3DD6E85A3"><enum>9011.</enum><header>Judicial review</header><text display-inline="no-display-inline">For provisions relating to judicial review of certifications, determinations, and actions by the Commission under this chapter, see section 407 of the Federal Election Campaign Act of 1971.</text></section><after-quoted-block>.</after-quoted-block></quoted-block> </subparagraph><subparagraph commented="no" id="H6621A1ACE6E04ED5AEED8732D473393E"><enum>(B)</enum><text><external-xref legal-doc="usc" parsable-cite="usc/26/9041">Section 9041</external-xref> of the Internal Revenue Code of 1986 is amended to read as follows:</text> <quoted-block display-inline="no-display-inline" id="H50B94C9B46C04E8CBD445F2FF9C77357" style="OLC"> <section commented="no" id="H0C2C59AAF7A148FF9EB1AB7F2515E391"><enum>9041.</enum><header>Judicial review</header><text display-inline="no-display-inline">For provisions relating to judicial review of actions by the Commission under this chapter, see section 407 of the Federal Election Campaign Act of 1971.</text></section><after-quoted-block>.</after-quoted-block></quoted-block> </subparagraph><subparagraph commented="no" id="HB0391F9FD9D340758799ACBA3C35E3BC"><enum>(C)</enum><text>Section 403 of the Bipartisan Campaign Finance Reform Act of 2002 (<external-xref legal-doc="usc" parsable-cite="usc/52/30110">52 U.S.C. 30110</external-xref> note) is repealed.</text> </subparagraph></paragraph></subsection><subsection commented="no" id="H3396B0E6FEFB4BD29B8CA23FFDAE4AFE"><enum>(c)</enum><header>Effective date</header><text>The amendments made by this section shall apply to actions brought on or after January 1, 2018.</text> </subsection></section><section commented="no" id="HA5B44FEB902240649CA7365E79F933FF"><enum>3006.</enum><header>Treatment of internet communications made by political committees as public communications</header> <subsection commented="no" display-inline="no-display-inline" id="H7E49EDA9C9B24C259DD0FDDAF93D6732"><enum>(a)</enum><header>In general</header><text>Paragraph (22) of section 301 of the Federal Election Campaign Act of 1971 (<external-xref legal-doc="usc" parsable-cite="usc/52/30101">52 U.S.C. 30101(22)</external-xref>) is amended by adding at the end the following new sentence: <quote>Such term shall include communications to the general public made over the Internet by a political committee.</quote>.</text> </subsection><subsection id="HC65A326E05BF4F45BB0B8B1CD48F9E0D"><enum>(b)</enum><header>Effective date</header><text>The amendment made by this section shall apply to communications made on or after the date of the enactment of this Act.</text> </subsection></section><section id="H897010711FF545ABADEE47EE27441157"><enum>3007.</enum><header>Clarification of applicability of contribution limits to certain political committees</header> <subsection id="HF1B11A99CD7C47DB9AAABE35375C30AA"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline">Section 315(a)(1) of the Federal Election Campaign Act of 1971 (<external-xref legal-doc="usc" parsable-cite="usc/52/30116">52 U.S.C. 30116(a)(1)</external-xref>) is amended by striking subparagraph (C) and inserting the following:</text> <quoted-block display-inline="no-display-inline" id="HE75E5F6D7BE3459585AF5697A5C03D93" style="traditional"> <subparagraph id="HCC249C35BCB942F29B6B9ECCE07AF200" indent="up2"><enum>(C)</enum><text display-inline="yes-display-inline">to any other political committee (other than a committee described in subparagraph (D)), including to a political committee that makes only independent expenditures or electioneering communications (or a combination thereof) or to any account of a political committee established for the purpose of making only independent expenditures or electioneering communications (or a combination thereof), in any calendar year which, in the aggregate, exceed $5,000; or</text></subparagraph><after-quoted-block>.</after-quoted-block></quoted-block> </subsection><subsection commented="no" display-inline="no-display-inline" id="HF9FB55A900BD4F5098DE6F1B1E2F60D1"><enum>(b)</enum><header>Effective date</header><text>The amendment made by this section shall apply to contributions made on or after the date of the enactment of this Act.</text> </subsection></section>