[Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[H.R. 701 Introduced in House (IH)]






109th CONGRESS
  1st Session
                                H. R. 701

   To amend the Federal Election Campaign Act of 1971 to prohibit an 
 authorized committee of a winning candidate for election for Federal 
 office which received a personal loan from the candidate from making 
any repayment on the loan after the date on which the candidate begins 
                        serving in such office.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            February 9, 2005

 Mr. English of Pennsylvania introduced the following bill; which was 
           referred to the Committee on House Administration

_______________________________________________________________________

                                 A BILL


 
   To amend the Federal Election Campaign Act of 1971 to prohibit an 
 authorized committee of a winning candidate for election for Federal 
 office which received a personal loan from the candidate from making 
any repayment on the loan after the date on which the candidate begins 
                        serving in such office.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Personal Accountability in Campaign 
Committees Act''.

SEC. 2. PROHIBITING REPAYMENT OF CANDIDATE PERSONAL LOANS AFTER DATE ON 
              WHICH CANDIDATE BEGINS SERVING IN ELECTED OFFICE.

    Section 315 of the Federal Election Campaign Act of 1971 (2 U.S.C. 
441a) is amended by adding at the end the following new subsection:
    ``(k) Limitations on Repayment of Personal Loans Made by Candidate 
to Committee.--An authorized committee of a winning candidate for an 
election for Federal office occurring after December 2005 which 
received a personal loan from the candidate may not make any repayment 
with respect to such loan on or after the date on which the candidate 
begins serving in the office.''.
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