3.0.0 5494 2023-01-11T13:32:46Z 2023-01-11T13:32:46Z House HR 2016-06-16 114 [Congressional Record Volume 162, Number 96 (Thursday, June 16, 2016)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. PRICE of North Carolina:H.R. 5494.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8 of the Constitution and Article I,Section 4 of the Constitution, which gives Congress the powerto make laws governing the time, place, and manner of FederalElections.[Page H3967]]]> hswm00 Ways and Means Committee House Standing Referred to 2016-06-16T13:02:20Z hsba00 Financial Services Committee House Standing Referred to 2016-06-16T13:02:15Z hsgo00 Oversight and Accountability Committee House Standing Referred to 2016-06-16T13:02:10Z hsju00 Judiciary Committee House Standing Referred to 2016-06-16T13:02:05Z hsha00 Committee on House Administration House Standing Referred to 2016-06-16T13:02:00Z DISCLOSE 2015 Act 114 430 HR 2015-02-05 Referred to the Subcommittee on the Constitution and Civil Justice. Related bill CRS Financial Services Conflict of Interest Act 114 3065 HR 2015-07-29 Referred to the Subcommittee on Crime, Terrorism, Homeland Security, and Investigations. Related bill CRS Federal Election Administration Act of 2016 114 5439 HR 2016-06-09 Referred to the House Committee on House Administration. Related bill CRS We the People Act of 2016 114 6 S 2016-06-16 Read twice and referred to the Committee on Rules and Administration. Related bill CRS DISCLOSE Act of 2015 114 229 S 2015-01-21 Read twice and referred to the Committee on Rules and Administration. (Sponsor introductory remarks on measure: CR S349-350; text of measure as introduced: CR S350-352) Related bill CRS Financial Services Conflict of Interest Act 114 1779 S 2015-07-15 Read twice and referred to the Committee on Homeland Security and Governmental Affairs. Related bill CRS Stop Super PAC-Candidate Coordination Act 114 1838 S 2015-07-22 Read twice and referred to the Committee on Rules and Administration. (Sponsor introductory remarks on measure: CR S5459-5460) Related bill CRS Stop Super PAC-Candidate Coordination Act 114 425 HR 2015-01-21 Referred to the House Committee on House Administration. Related bill CRS Real Time Transparency Act 114 2212 S 2015-10-28 Read twice and referred to the Committee on Rules and Administration. Related bill CRS Federal Election Administration Act of 2016 114 2611 S 2016-03-01 Read twice and referred to the Committee on Rules and Administration. Related bill CRS 2016-06-16 Referred to the Committee on House Administration, and in addition to the Committees on the Judiciary, Oversight and Government Reform, Financial Services, and 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. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2016-06-16 Referred to the Committee on House Administration, and in addition to the Committees on the Judiciary, Oversight and Government Reform, Financial Services, and 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. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2016-06-16 Referred to the Committee on House Administration, and in addition to the Committees on the Judiciary, Oversight and Government Reform, Financial Services, and 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. IntroReferral H11100 2 House floor actions hsgo00 Oversight and Accountability Committee 2016-06-16 Referred to the Committee on House Administration, and in addition to the Committees on the Judiciary, Oversight and Government Reform, Financial Services, and 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. IntroReferral H11100 2 House floor actions hsju00 Judiciary Committee 2016-06-16 Referred to the Committee on House Administration, and in addition to the Committees on the Judiciary, Oversight and Government Reform, Financial Services, and 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. IntroReferral H11100-A 9 Library of Congress 2016-06-16 Referred to the Committee on House Administration, and in addition to the Committees on the Judiciary, Oversight and Government Reform, Financial Services, and 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. IntroReferral H11100 2 House floor actions hsha00 Committee on House Administration 2016-06-16 Introduced in House IntroReferral Intro-H 9 Library of Congress 2016-06-16 Introduced in House IntroReferral 1000 9 Library of Congress P000523 Rep. Price, David E. [D-NC-4] DAVID PRICE D NC E. 4 N L000557 Rep. Larson, John B. [D-CT-1] JOHN LARSON D CT B. 1 2016-07-08 False Government Operations and Politics Banking and financial institutions regulation Business records Civil actions and liability Commodity Futures Trading Commission 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 Deposit Insurance Corporation (FDIC) Federal Election Commission (FEC) Federal Housing Finance Agency Federal Reserve System Federal officials Financial services and investments Fraud offenses and financial crimes Government employee pay, benefits, personnel management Government ethics and transparency, public corruption Government information and archives Government studies and investigations Labor-management relations National Credit Union Administration Personnel records Political advertising Political parties and affiliation Public contracts and procurement Public participation and lobbying Securities and Exchange Commission (SEC) Senate Tax-exempt organizations Wages and earnings Government Operations and Politics 00 2016-06-16 Introduced in House 2016-12-07T18:50:11Z We the People Act of 2016

Democracy Is Supported by Casting Light On Spending in Elections Act of 2016 or the DISCLOSE Act of 2016

This bill amends the Federal Election Campaign Act of 1971 (FECA) to:

  • redefine "independent expenditure" to expand the meaning of express advocacy for the election or defeat of a candidate;
  • expand the period for treating communications as electioneering communications;
  • repeal the prohibition against contributions by minors;
  • prescribe disclosure requirements for campaign-related disbursements by corporations, labor organizations, and certain other entities, including super political action committees (PACs);
  • prescribe requirements for (Stand by Your Ad) disclosure of top funders of radio, television, and telephone advocacy communications; and
  • prescribe requirements for disclosures by covered organizations to shareholders, members, and donors of information on campaign-related disbursements.

The Lobbying Disclosure Act of 1995 is amended to require the disclosure of any independent expenditure and electioneering communication equal to or greater than $1,000.

Stop Super PAC-Candidate Coordination Act

The bill amends FECA to treat payments for coordinated expenditures as contributions to candidates under certain conditions, and set forth rules for coordinated expenditures.

The bill also prohibits candidates, individual federal officeholders, agents of a candidate or an individual federal officeholder, or certain related entities from soliciting, receiving, directing, or transferring funds to or on behalf of any political committee which accepts donations or contributions that do not comply with FECA limitations, prohibitions, and reporting requirements, or to or on behalf of any political organization which accepts such donations or contributions.

Real Time Transparency Act

The bill amends FECA to require 48-hour notification to the Federal Election Commission (FEC) by all political committees receiving cumulative contributions (instead of single contributions) of $1,000 or more during a year from any contributor.

Federal Election Administration Act of 2016

FECA is also amended to replace the FEC with the Federal Election Administration (FEA).

The Government Accountability Office shall: (1) examine the enforcement of the criminal provisions of FECA and prohibitions regarding the Presidential Election Campaign Fund and the Presidential Primary Matching Payment Account, and (2) study the adequate level of resources for the FEA to execute competently the responsibilities imposed by this bill.

The Lobbying Disclosure Act of 1995 is amended to revise the definition of lobbyist to mean any individual who is employed or retained by a client for financial or other compensation for services that include more than one lobbying contact over a two-year (currently three-month) period.

Financial Services Conflict of Interest Act

The federal criminal code is amended regarding application of certain conflict-of-interest restrictions to a private sector employer that makes payment of compensation contingent on accepting a position in the federal government.

The Ethics in Government Act of 1978 is amended to prohibit a covered financial services regulator from making, participating in making, or in any way attempting to use his or her official position to influence a particular matter that provides a direct and substantial pecuniary benefit for a former employer or former client.

The Office of Government Ethics must discharge certain record keeping duties to implement this bill.

Violators of this bill shall be subject to specified criminal and civil penalties.

The bill revises and extends certain restrictions on subsequent employment on current and former procurement officers.

The federal criminal code is also amended to place specified time restrictions on subsequent employment for financial service regulators.

The Federal Deposit Insurance Act is amended to revise restrictions on federal examiners and supervisors of financial institutions.

]]> We the People Act of 2016 Display Title We the People Act of 2016 Official Title as Introduced To reform our government, reduce the grip of special interests, and return our democracy to the American people through increased transparency and oversight of our elections and government. Introduced in House IH Short Titles as Introduced for portions of this bill Real Time Transparency Act Short Titles as Introduced for portions of this bill Stop Super PAC-Candidate Coordination Act Short Titles as Introduced for portions of this bill Financial Services Conflict of Interest Act Short Titles as Introduced for portions of this bill DISCLOSE Act of 2016 Short Titles as Introduced for portions of this bill Federal Election Administration Act of 2016 Short Titles as Introduced for portions of this bill Democracy Is Strengthened by Casting Light On Spending in Elections Act of 2016 Short Titles as Introduced We the People Act of 2016 Introduced in House 2016-06-16T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr5494ih/xml/BILLS-114hr5494ih.xml 2016-06-16 Referred to the Committee on House Administration, and in addition to the Committees on the Judiciary, Oversight and Government Reform, Financial Services, and 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/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. Congressional Research Service, Library of Congress 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.