[Congressional Bills 110th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1565 Introduced in House (IH)]







110th CONGRESS
  1st Session
                                H. R. 1565

  To amend the Federal Election Campaign Act of 1971 to prohibit the 
          conversion of leadership PAC funds to personal use.


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                    IN THE HOUSE OF REPRESENTATIVES

                             March 19, 2007

 Mr. Capuano introduced the following bill; which was referred to the 
                   Committee on House Administration

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                                 A BILL


 
  To amend the Federal Election Campaign Act of 1971 to prohibit the 
          conversion of leadership PAC funds to personal use.

    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 ``Leadership PAC Limitation Act''.

SEC. 2. PROHIBITING CONVERSION OF LEADERSHIP PAC FUNDS TO PERSONAL USE.

    (a) Prohibition.--Section 313(b)(2) of the Federal Election 
Campaign Act of 1971 (2 U.S.C. 439(b)(2)) is amended by inserting after 
``subsection (a)'' the following: ``or funds of a leadership PAC 
described in paragraph (3)''.
    (b) Leadership PAC Defined.--Section 313(b) of such Act (2 U.S.C. 
439a(b)) is amended by adding at the end the following new paragraph:
            ``(3) Leadership pac defined.--In this subsection, the term 
        `leadership PAC' means a political committee which is directly 
        or indirectly established, maintained, or controlled by a 
        candidate for election for Federal office or an individual 
        holding Federal office but is not an authorized committee of 
        the candidate or individual, except that such term does not 
        include any political committee of a political party.''.

SEC. 3. EFFECTIVE DATE.

    The amendments made by this Act shall apply with respect to 
elections occurring on or after the date of the enactment of this Act.
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