110 HR 3771 IH: State and Local Candidate Fairness Act U.S. House of Representatives 2007-10-04 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.

I 110th CONGRESS 1st Session H. R. 3771 IN THE HOUSE OF REPRESENTATIVES October 4, 2007 Mr. Sensenbrenner (for himself and Mr. Petri) introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to provide that the graduated income tax rates that apply to principal campaign committees of candidates for Congress shall apply to all comparable committees of candidates for State and local offices.

1.

Short title

This Act may be cited as the State and Local Candidate Fairness Act of 2007.

2.

Graduated rates to apply to principal campaign committees of candidates for State and local offices

(a)

In General

Subparagraph (A) of section 527(h)(2) of the Internal Revenue Code of 1986 (defining principal campaign committee) is amended to read as follows: (A)

In general

For purposes of this subsection, the term principal campaign committee means the political committee designated by a candidate for Congress or for State or local public office as his principal campaign committee for purposes of this subsection. A candidate for Congress may designate under the preceding sentence only a committee designated by such candidate as his principal campaign committee for purposes of section 302(e) of the Federal Election Campaign Act of 1971 (2 U.S.C. 432(e)). . (b)

Conforming Amendment

Subparagraph (B) of section 527(h)(2) of such Code is amended by striking subparagraph (A)(ii) and inserting the first sentence of subparagraph (A). (c)

Effective Date

The amendments made by this section shall apply to taxable years beginning after the date of the enactment of this Act.