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        <title>Presidential Funding Act of 2007</title>
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          <actionDate>2007-01-31</actionDate>
          <text>Referred to the Committee on House Administration, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.</text>
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          <text>Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S14791-14797)</text>
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        <fullName>Rep. Price, David E. [D-NC-4]</fullName>
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        <fullName>Rep. Shays, Christopher [R-CT-4]</fullName>
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        <fullName>Rep. Castle, Michael N. [R-DE-At Large]</fullName>
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        <fullName>Rep. Emanuel, Rahm [D-IL-5]</fullName>
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        <state>IL</state>
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        <fullName>Rep. Platts, Todd Russell [R-PA-19]</fullName>
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        <state>PA</state>
        <middleName>RUSSELL</middleName>
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        <fullName>Rep. Van Hollen, Chris [D-MD-8]</fullName>
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        <lastName>Van Hollen</lastName>
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        <state>MD</state>
        <district>8</district>
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        <fullName>Rep. Doggett, Lloyd [D-TX-25]</fullName>
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        <bioguideId>A000363</bioguideId>
        <fullName>Rep. Arcuri, Michael A. [D-NY-24]</fullName>
        <firstName>Michael</firstName>
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        <state>NY</state>
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        <sponsorshipDate>2008-09-27</sponsorshipDate>
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          <name>Campaign funds</name>
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        <item>
          <name>Checkoff</name>
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        <item>
          <name>Computer software</name>
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          <name>Cost of living adjustments</name>
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          <name>Election candidates</name>
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          <name>Electronic government information</name>
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          <name>Government paperwork</name>
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          <name>Government publicity</name>
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          <name>Government trust funds</name>
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        <actionDate>2007-12-05</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2008-01-24T22:18:19Z</updateDate>
        <text><![CDATA[ <p>Presidential Funding Act of 2007 - Amends Internal Revenue Code provisions relating to public financing of presidential election campaigns to: (1) quadruple (1:1 to 4:1) the matching rate for contributions to primary election candidates; (2) lower from $250 to $200 the limit on individual campaign contributions; (3) increase the presidential primary qualifying threshold from $5,000 to $25,000 in 20 states; (4) require presidential candidates to participate in the primary payment system to be eligible for general election payments; (5) move the starting date for payments to primary candidates from January 1 of a presidential election year to six months before the earliest state primary election; (6) allow additional payments and increased expenditure limits for candidates who face opponents who do not participate in public financing and who raise more than 20% of applicable spending limits; (7) designate the last Friday before the first Monday in September as the date for payments to eligible presidential candidates; and (8) increase from $3 to $10 the presidential campaign tax return check-off amount.</p><p>Amends the Federal Election Campaign Act of 1971 to: (1) increase expenditure limits for presidential primary campaigns and eliminate state primary spending limits; (2) limit political party general election campaign expenditures to $25 million, with an additional $25 million allowance after the party's candidate is nominated; (3) prohibit political parties from spending unregulated funds (soft money) on their national conventions; and (4) require presidential campaign committees to disclose information about bundled campaign contributions (series of contributions exceeding specified threshold amounts).</p>]]></text>
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    <title>Presidential Funding Act of 2007</title>
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        <title>Presidential Funding Act of 2007</title>
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        <title>Presidential Funding Act of 2007</title>
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        <title>To amend the Internal Revenue Code of 1986 to reform the system of public financing for Presidential elections, and for other purposes.</title>
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      <actionDate>2007-12-05</actionDate>
      <text>Referred to the Committee on House Administration, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.</text>
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    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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