[Congressional Record Volume 142, Number 94 (Monday, June 24, 1996)]
[Senate]
[Pages S6726-S6750]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                          AMENDMENTS SUBMITTED

                                 ______


             THE SENATE CAMPAIGN FINANCE REFORM ACT OF 1996

                                 ______


                      HOLLINGS AMENDMENT NO. 4093

  (Ordered to lie on the table.)
  Mr. HOLLINGS submitted an amendment intended to be proposed by him to 
the bill (S. 1219) to reform the financing of Federal elections, and 
for other purposes; as follows:

       At the appropriate place insert the following:

     SEC.   . SENSE OF THE SENATE THAT CONGRESS SHOULD ADOPT A 
                   JOINT RESOLUTION PROPOSING AN AMENDMENT TO THE 
                   CONSTITUTION THAT WOULD EMPOWER CONGRESS AND 
                   THE STATES TO SET REASONABLE LIMITS ON CAMPAIGN 
                   EXPENDITURES

       It is the sense of the Senate that Congress should adopt a 
     joint resolution proposing an amendment to the Constitution 
     that would--
       (1) empower Congress to set reasonable limits on campaign 
     expenditures by, in support of, or in opposition to any 
     candidate in any primary, general, or other election for 
     Federal office; and
       (2) empower the States to set reasonable limits on campaign 
     expenditures by, in support of, or in opposition to any 
     candidate in any primary, general, or other election for 
     State or local office,
       (3) empower local governments of general jurisdiction to 
     set reasonable limits on campaign expenditures by, in support 
     of, or in opposition to any candidate in any primary, general 
     or other election for office in that government.
                                 ______


                       BUMPERS AMENDMENT NO. 4094

  (Ordered to lie on the table.)
  Mr. BUMPERS submitted an amendment intended to be proposed by him to 
the bill, S. 1219, supra; as follows:

       In lieu of the matter proposed to be inserted, insert the 
     following:

     SECTION 1. SHORT TITLE; AMENDMENT OF CAMPAIGN ACT; TABLE OF 
                   CONTENTS.

       (a) Short Title.--This Act may be cited as the ``Senate 
     Campaign Financing and Spending Reform Act''.
       (b) Amendment of FECA.--When used in this Act, the term 
     ``FECA'' means the Federal Election Campaign Act of 1971 (2 
     U.S.C. 431 et seq.).
       (c) Table of Contents.--

Sec. 1. Short title; amendment of Campaign Act; table of contents.
Sec. 2. Findings and declarations of the Senate.

          TITLE I--CONTROL OF CONGRESSIONAL CAMPAIGN SPENDING

   Subtitle A--Senate Election Campaign Spending Limits and Benefits

Sec. 101. Senate spending limits and benefits.
Sec. 102. Ban on activities of political action committees in Federal 
              elections.
Sec. 103. Reporting requirements.
Sec. 104. Disclosure by noneligible candidates.

                     Subtitle B--General Provisions

Sec. 131. Broadcast rates and preemption.
Sec. 132. Extension of reduced third-class mailing rates to eligible 
              Senate candidates.
Sec. 133. Reporting requirements for certain independent expenditures.
Sec. 134. Campaign advertising amendments.
Sec. 135. Definitions.
Sec. 136. Provisions relating to franked mass mailings.

                   TITLE II--INDEPENDENT EXPENDITURES

Sec. 201. Clarification of definitions relating to independent 
              expenditures.

                        TITLE III--EXPENDITURES

                   Subtitle A--Personal Loans; Credit

Sec. 301. Personal contributions and loans.
Sec. 302. Extensions of credit.

   Subtitle B--Provisions Relating to Soft Money of Political Parties

Sec. 311. Reporting requirements.

                        TITLE IV--CONTRIBUTIONS

Sec. 401. Contributions through intermediaries and conduits; 
              prohibition on certain contributions by lobbyists.
Sec. 402. Contributions by dependents not of voting age.
Sec. 403. Contributions to candidates from State and local committees 
              of political parties to be aggregated.
Sec. 404. Limited exclusion of advances by campaign workers from the 
              definition of the term ``contribution''.

                    TITLE V--REPORTING REQUIREMENTS

Sec. 501. Change in certain reporting from a calendar year basis to an 
              election cycle basis.
Sec. 502. Personal and consulting services.
Sec. 503. Reduction in threshold for reporting of certain information 
              by persons other than political committees.
Sec. 504. Computerized indices of contributions.

                 TITLE VI--FEDERAL ELECTION COMMISSION

Sec. 601. Use of candidates' names.
Sec. 602. Reporting requirements.
Sec. 603. Provisions relating to the general counsel of the Commission.
Sec. 604. Enforcement.
Sec. 605. Penalties.
Sec. 606. Random audits.
Sec. 607. Prohibition of false representation to solicit contributions.
Sec. 608. Regulations relating to use of non-Federal money.

                        TITLE VII--MISCELLANEOUS

Sec. 701. Prohibition of leadership committees.
Sec. 702. Polling data contributed to candidates.
Sec. 703. Sense of the Senate that Congress should consider adoption of 
              a joint resolution proposing an amendment to the 
              Constitution that would empower Congress and the States 
              to set reasonable limits on campaign expenditures.
Sec. 704. Personal use of campaign funds.

              TITLE VIII--EFFECTIVE DATES; AUTHORIZATIONS

Sec. 801. Effective date.
Sec. 802. Severability.
Sec. 803. Expedited review of constitutional issues.

[[Page S6727]]

     SEC. 2. FINDINGS AND DECLARATIONS OF THE SENATE.

       (a) Necessity for Spending Limits.--The Senate finds and 
     declares that--
       (1) the current system of campaign finance has led to 
     public perceptions that political contributions and their 
     solicitation have unduly influenced the official conduct of 
     elected officials;
       (2) permitting candidates for Federal office to raise and 
     spend unlimited amounts of money constitutes a fundamental 
     flaw in the current system of campaign finance, and has 
     undermined public respect for the Senate as an institution;
       (3) the failure to limit campaign expenditures has caused 
     individuals elected to the Senate to spend an increasing 
     proportion of their time in office as elected officials 
     raising funds, interfering with the ability of the Senate to 
     carry out its constitutional responsibilities;
       (4) the failure to limit campaign expenditures has damaged 
     the Senate as an institution, due to the time lost to raising 
     funds for campaigns; and
       (5) to prevent the appearance of undue influence and to 
     restore public trust in the Senate as an institution, it is 
     necessary to limit campaign expenditures, through a system 
     which provides public benefits to candidates who agree to 
     limit campaign expenditures.
       (b) Necessity for Ban on Political Action Committees.--The 
     Senate finds and declares that--
       (1) contributions by political action committees to 
     individual candidates have created the perception that 
     candidates are beholden to special interests, and leave 
     candidates open to charges of undue influence;
       (2) contributions by political action committees to 
     individual candidates have undermined public confidence in 
     the Senate as an institution; and
       (3) to restore public trust in the Senate as an 
     institution, responsive to individuals residing within the 
     respective States, it is necessary to encourage candidates to 
     raise most of their campaign funds from individuals residing 
     within those States.
       (c) Necessity for Attributing Cooperative Expenditures to 
     Candidates.--The Senate finds and declares that--
       (1) public confidence and trust in the system of campaign 
     finance would be undermined should any candidate be able to 
     circumvent a system of caps on expenditures through 
     cooperative expenditures with outside individuals, groups, or 
     organizations;
       (2) cooperative expenditures by candidates with outside 
     individuals, groups, or organizations would severely 
     undermine the effectiveness of caps on campaign expenditures, 
     unless they are included within such caps; and
       (3) to maintain the integrity of the system of campaign 
     finance, expenditures by any individual, group, or 
     organization that have been made in cooperation with any 
     candidate, authorized committee, or agent of any candidate 
     must be attributed to that candidate's cap on campaign 
     expenditures.
          TITLE I--CONTROL OF CONGRESSIONAL CAMPAIGN SPENDING
   Subtitle A--Senate Election Campaign Spending Limits and Benefits

     SEC. 101. SENATE SPENDING LIMITS AND BENEFITS.

       (a) Amendment of FECA.--
       (1) In general.--FECA is amended by adding at the end the 
     following new title:
 ``TITLE V--SPENDING LIMITS AND BENEFITS FOR SENATE ELECTION CAMPAIGNS

     ``SEC. 501. CANDIDATES ELIGIBLE TO RECEIVE BENEFITS.

       ``(a) In General.--For purposes of this title, a candidate 
     is an eligible Senate candidate if the candidate--
       ``(1) meets the primary and general election filing 
     requirements of subsections (b) and (c);
       ``(2) meets the primary and runoff election expenditure 
     limits of subsection (d); and
       ``(3) meets the threshold contribution requirements of 
     subsection (e).
       ``(b) Primary Filing Requirements.--(1) The requirements of 
     this subsection are met if the candidate files with the 
     Secretary of the Senate a declaration that--
       ``(A) the candidate and the candidate's authorized 
     committees--
       ``(i)(I) will meet the primary and runoff election 
     expenditure limits of subsection (d); and
       ``(II) will only accept contributions for the primary and 
     runoff elections which do not exceed such limits;
       ``(ii)(I) will meet the primary and runoff election 
     multicandidate political committee contribution limits of 
     subsection (f); and
       ``(II) will only accept contributions for the primary and 
     runoff elections from multicandidate political committees 
     which do not exceed such limits; and
       ``(iii) will limit acceptance of contributions during an 
     election cycle from individuals residing outside the 
     candidate's State and multicandidate political committees, 
     combined, to less than 50 percent of the aggregate amount of 
     contributions accepted from all contributors;
       ``(B) the candidate and the candidate's authorized 
     committees will meet the general election expenditure limit 
     under section 502(b); and
       ``(C) the candidate and the candidate's authorized 
     committees will meet the limitation on expenditures from 
     personal funds under section 502(a).
       ``(2) The declaration under paragraph (1) shall be filed 
     not later than the date the candidate files as a candidate 
     for the primary election.
       ``(c) General Election Filing Requirements.--(1) The 
     requirements of this subsection are met if the candidate 
     files a certification with the Secretary of the Senate under 
     penalty of perjury that--
       ``(A) the candidate and the candidate's authorized 
     committees--
       ``(i)(I) met the primary and runoff election expenditure 
     limits under subsection (d); and
       ``(II) did not accept contributions for the primary or 
     runoff election in excess of the primary or runoff 
     expenditure limit under subsection (d), whichever is 
     applicable, reduced by any amounts transferred to this 
     election cycle from a preceding election cycle; and
       ``(ii)(I) met the multicandidate political committee 
     contribution limits under subsection (f);
       ``(II) did not accept contributions for the primary or 
     runoff election in excess of the multicandidate political 
     committee contribution limits under subsection (f); and
       ``(iii) will limit acceptance of contributions during an 
     election cycle from individuals residing outside the 
     candidate's State and multicandidate political committees, 
     combined, to less than 50 percent of the aggregate amount of 
     contributions accepted from all contributors;
       ``(B) the candidate met the threshold contribution 
     requirement under subsection (e), and that only allowable 
     contributions were taken into account in meeting such 
     requirement;
       ``(C) at least one other candidate has qualified for the 
     same general election ballot under the law of the State 
     involved;
       ``(D) such candidate and the authorized committees of such 
     candidate--
       ``(i) except as otherwise provided by this title, will not 
     make expenditures which exceed the general election 
     expenditure limit under section 502(b);
       ``(ii) will not accept any contributions in violation of 
     section 315;
       ``(iii) except as otherwise provided by this title, will 
     not accept any contribution for the general election involved 
     to the extent that such contribution would cause the 
     aggregate amount of such contributions to exceed the sum of 
     the amount of the general election expenditure limit under 
     section 502(b) and the amount described in section 502(c), 
     reduced by any amounts transferred to the current election 
     cycle from a previous election cycle and not taken into 
     account under subparagraph (A)(ii);
       ``(iv) will deposit all payments received under this title 
     in an account insured by the Federal Deposit Insurance 
     Corporation from which funds may be withdrawn by check or 
     similar means of payment to third parties;
       ``(v) will furnish campaign records, evidence of 
     contributions, and other appropriate information to the 
     Commission; and
       ``(vi) will cooperate in the case of any audit and 
     examination by the Commission under section 506; and
       ``(E) the candidate intends to make use of the benefits 
     provided under section 503.
       ``(2) The declaration under paragraph (1) shall be filed 
     not later than 7 days after the earlier of--
       ``(A) the date the candidate qualifies for the general 
     election ballot under State law; or
       ``(B) if, under State law, a primary or runoff election to 
     qualify for the general election ballot occurs after 
     September 1, the date the candidate wins the primary or 
     runoff election.
       ``(d) Primary and Runoff Expenditure Limits.--(1) The 
     requirements of this subsection are met if:
       ``(A) The candidate or the candidate's authorized 
     committees did not make expenditures for the primary election 
     in excess of the lesser of--
       ``(i) 67 percent of the general election expenditure limit 
     under section 502(b); or
       ``(ii) $2,750,000.
       ``(B) The candidate and the candidate's authorized 
     committees did not make expenditures for any runoff election 
     in excess of 20 percent of the general election expenditure 
     limit under section 502(b).
       ``(2) The limitations under subparagraphs (A) and (B) of 
     paragraph (1) with respect to any candidate shall be 
     increased by the aggregate amount of independent expenditures 
     in opposition to, or on behalf of any opponent of, such 
     candidate during the primary or runoff election period, 
     whichever is applicable, which are required to be reported to 
     the Secretary of the Senate with respect to such period under 
     section 304(c).
       ``(3)(A) If the contributions received by the candidate or 
     the candidate's authorized committees for the primary 
     election or runoff election exceed the expenditures for 
     either such election, such excess contributions shall be 
     treated as contributions for the general election and 
     expenditures for the general election may be made from such 
     excess contributions.
       ``(B) Subparagraph (A) shall not apply to the extent that 
     such treatment of excess contributions--
       ``(i) would result in the violation of any limitation under 
     section 315; or

[[Page S6728]]

       ``(ii) would cause the aggregate contributions received for 
     the general election to exceed the limits under subsection 
     (c)(1)(D)(iii).
       ``(e) Threshold Contribution Requirements.--(1) The 
     requirements of this subsection are met if the candidate and 
     the candidate's authorized committees have received allowable 
     contributions during the applicable period in an amount at 
     least equal to the lesser of--
       ``(A) 10 percent of the general election expenditure limit 
     under section 502(b); or
       ``(B) $250,000.
       ``(2) For purposes of this section and section 503(b)--
       ``(A) The term `allowable contributions' means 
     contributions which are made as gifts of money by an 
     individual pursuant to a written instrument identifying such 
     individual as the contributor.
       ``(B) The term `allowable contributions' shall not 
     include--
       ``(i) contributions made directly or indirectly through an 
     intermediary or conduit which are treated as made by such 
     intermediary or conduit under section 315(a)(8)(B);
       ``(ii) contributions from any individual during the 
     applicable period to the extent such contributions exceed 
     $250; or
       ``(iii) contributions from individuals residing outside the 
     candidate's State to the extent such contributions exceed 50 
     percent of the aggregate allowable contributions (without 
     regard to this clause) received by the candidate during the 
     applicable period.

     Clauses (ii) and (iii) shall not apply for purposes of 
     section 503(b).
       ``(3) For purposes of this subsection and section 503(b), 
     the term `applicable period' means--
       ``(A) the period beginning on January 1 of the calendar 
     year preceding the calendar year of the general election 
     involved and ending on--
       ``(i) the date on which the certification under subsection 
     (c) is filed by the candidate; or
       ``(ii) for purposes of section 503(b), the date of such 
     general election; or
       ``(B) in the case of a special election for the office of 
     United States Senator, the period beginning on the date the 
     vacancy in such office occurs and ending on the date of the 
     general election involved.
       ``(f) Multicandidate Political Committee Contribution 
     Limits.--The requirements of this subsection are met if the 
     candidate and the candidate's authorized committees have 
     accepted from multicandidate political committees 
     contributions that do not exceed--
       ``(1) during any period in which the limitation under 
     section 323 is in effect, zero dollars; and
       ``(2) during any other period--
       ``(A) during the primary election period, an amount equal 
     to 20 percent of the primary election spending limit under 
     subsection (d)(1)(A); and
       ``(B) during the runoff election period, an amount equal to 
     20 percent of the runoff election spending limit under 
     subsection (d)(1)(B).
       ``(g) Indexing.--The $2,750,000 amount under subsection 
     (d)(1) shall be increased as of the beginning of each 
     calendar year beginning with calendar year 1998, based on the 
     increase in the price index determined under section 315(c), 
     except that, for purposes of subsection (d)(1), the base 
     period shall be calendar year 1992.

     ``SEC. 502. LIMITATIONS ON EXPENDITURES.

       ``(a) Limitation on Use of Personal Funds.--(1) The 
     aggregate amount of expenditures which may be made during an 
     election cycle by an eligible Senate candidate or such 
     candidate's authorized committees from the sources described 
     in paragraph (2) shall not exceed $25,000.
       ``(2) A source is described in this paragraph if it is--
       ``(A) personal funds of the candidate and members of the 
     candidate's immediate family; or
       ``(B) personal debt incurred by the candidate and members 
     of the candidate's immediate family.
       ``(b) General Election Expenditure Limit.--(1) Except as 
     otherwise provided in this title, the aggregate amount of 
     expenditures for a general election by an eligible Senate 
     candidate and the candidate's authorized committees shall not 
     exceed the lesser of--
       ``(A) $5,500,000; or
       ``(B) the greater of--
       ``(i) $950,000; or
       ``(ii) $400,000; plus
       ``(I) 30 cents multiplied by the voting age population not 
     in excess of 4,000,000; and
       ``(II) 25 cents multiplied by the voting age population in 
     excess of 4,000,000.
       ``(2) In the case of an eligible Senate candidate in a 
     State which has no more than 1 transmitter for a commercial 
     Very High Frequency (VHF) television station licensed to 
     operate in that State, paragraph (1)(B)(ii) shall be applied 
     by substituting--
       ``(A) `80 cents' for `30 cents' in subclause (I); and
       ``(B) `70 cents' for `25 cents' in subclause (II).
       ``(3) The amount otherwise determined under paragraph (1) 
     for any calendar year shall be increased by the same 
     percentage as the percentage increase for such calendar year 
     under section 501(f) (relating to indexing).
       ``(c) Payment of Taxes.--The limitation under subsection 
     (b) shall not apply to any expenditure for Federal, State, or 
     local taxes with respect to a candidate's authorized 
     committees.
       ``(d) Expenditures.--For purposes of this title, the term 
     `expenditure' has the meaning given such term by section 
     301(9), except that in determining any expenditures made by, 
     or on behalf of, a candidate or a candidate's authorized 
     committees, section 301(9)(B) shall be applied without regard 
     to clause (ii) or (vi) thereof.

     ``SEC. 503. BENEFITS ELIGIBLE CANDIDATE ENTITLED TO RECEIVE.

       ``(a) In General.--An eligible Senate candidate shall be 
     entitled to--
       ``(1) the broadcast media rates provided under section 
     315(b) of the Communications Act of 1934;
       ``(2) the mailing rates provided in section 3626(e) of 
     title 39, United States Code; and
       ``(3) payments in the amounts determined under subsection 
     (b).
       ``(b) Amount of Payments.--(1) For purposes of subsection 
     (a)(3), the amounts determined under this subsection are--
       ``(A) the public financing amount;
       ``(B) the independent expenditure amount; and
       ``(C) in the case of an eligible Senate candidate who has 
     an opponent in the general election who receives 
     contributions, or makes (or obligates to make) expenditures, 
     for such election in excess of the general election 
     expenditure limit under section 502(b), the excess 
     expenditure amount.
       ``(2) For purposes of paragraph (1), the public financing 
     amount is--
       ``(A) in the case of an eligible candidate who is a major 
     party candidate and who has met the threshold requirement of 
     section 501(e)--
       ``(i) during the primary election period, an amount equal 
     to 100 percent of the amount of contributions received during 
     that period from individuals residing in the candidate's 
     State in the aggregate amount of $100 or less plus an amount 
     equal to 50 percent of the amount of contributions received 
     during that period from individuals residing in the 
     candidate's State in the aggregate amount of more than $100 
     but less than $251, up to 50 percent of the primary election 
     spending limit under section 501(d)(1)(A), reduced by the 
     threshold requirement under section 501(e);
       (ii) during the runoff election period, an amount equal to 
     100 percent of the amount of contributions received during 
     that period from individuals residing in the candidate's 
     State in the aggregate amount of $100 or less plus an amount 
     equal to 50 percent of the amount of contributions received 
     during that period from individuals residing in the 
     candidate's State in the aggregate amount of more than $100 
     but less than $251, up to 10 percent of the general election 
     spending limit under section 501(d)(1)(B); and
       ``(iii) during the general election period, an amount equal 
     to the general election expenditure limit applicable to the 
     candidate under section 502(b) (without regard to paragraph 
     (4) thereof); and
       ``(B) in the case of an eligible candidate who is not a 
     major party candidate and who has met the threshold 
     requirement of section 501(e)--
       ``(i) during the primary election period, an amount equal 
     to 100 percent of the amount of contributions received during 
     that period from individuals residing in the candidate's 
     State in the aggregate amount of $100 or less plus an amount 
     equal to 50 percent of the amount of contributions received 
     during that period from individuals residing in the 
     candidate's State in the aggregate amount of more than $100 
     but less than $251, up to 50 percent of the primary election 
     spending limit under section 501(d)(1)(A), reduced by the 
     threshold requirement under section 501(e);
       (ii) during the runoff election period, an amount equal to 
     100 percent of the amount of contributions received during 
     that period from individuals residing in the candidate's 
     State in the aggregate amount of $100 or less plus an amount 
     equal to 50 percent of the amount of contributions received 
     during that period from individuals residing in the 
     candidate's State in the aggregate amount of more than $100 
     but less than $251, up to 10 percent of the general election 
     spending limit under section 501(d)(1)(B); and
       (iii) during the runoff election period, an amount equal to 
     100 percent of the amount of contributions received during 
     that period from individuals residing in the candidate's 
     State in the aggregate amount of $100 or less plus an amount 
     equal to 50 percent of the amount of contributions received 
     during that period from individuals residing in the 
     candidate's State in the aggregate amount of more than $100 
     but less than $251, up to 50 percent of the general election 
     spending limit under section 502(b).
       ``(3) For purposes of paragraph (1), the independent 
     expenditure amount is the total amount of independent 
     expenditures made, or obligated to be made, during the 
     general election period by 1 or more persons in opposition 
     to, or on behalf of an opponent of, an eligible Senate 
     candidate which are required to be reported by such persons 
     under section 304(c) with respect to the general election 
     period and are certified by the Commission under section 
     304(c).
       ``(4) For purposes of paragraph (1), the excess expenditure 
     amount is the amount determined as follows:
       ``(A) In the case of a major party candidate, an amount 
     equal to the sum of--
       ``(i) if the excess described in paragraph (1)(C) is not 
     greater than 133\1/3\ percent of the

[[Page S6729]]

     general election expenditure limit under section 502(b), an 
     amount equal to one-third of such limit applicable to the 
     eligible Senate candidate for the election; plus
       ``(ii) if such excess equals or exceeds 133\1/3\ percent 
     but is less than 166\2/3\ percent of such limit, an amount 
     equal to one-third of such limit; plus
       ``(iii) if such excess equals or exceeds 166\2/3\ percent 
     of such limit, an amount equal to one-third of such limit.
       ``(B) In the case of an eligible Senate candidate who is 
     not a major party candidate, an amount equal to the least of 
     the following:
       ``(i) The allowable contributions of the eligible Senate 
     candidate during the applicable period in excess of the 
     threshold contribution requirement under section 501(e).
       ``(ii) 50 percent of the general election expenditure limit 
     applicable to the eligible Senate candidate under section 
     502(b).
       ``(iii) The excess described in paragraph (1).
       ``(c) Waiver of Expenditure and Contribution Limits.--(1) 
     An eligible Senate candidate who receives payments under 
     subsection (a)(3) which are allocable to the independent 
     expenditure or excess expenditure amounts described in 
     paragraphs (3) and (4) of subsection (b) may make 
     expenditures from such payments to defray expenditures for 
     the general election without regard to the general election 
     expenditure limit under section 502(b).
       ``(2)(A) An eligible Senate candidate who receives benefits 
     under this section may make expenditures for the general 
     election without regard to clause (i) of section 501(c)(1)(D) 
     or subsection (a) or (b) of section 502 if any one of the 
     eligible Senate candidate's opponents who is not an eligible 
     Senate candidate either raises aggregate contributions, or 
     makes or becomes obligated to make aggregate expenditures, 
     for the general election that exceed 200 percent of the 
     general election expenditure limit applicable to the eligible 
     Senate candidate under section 502(b).
       ``(B) The amount of the expenditures which may be made by 
     reason of subparagraph (A) shall not exceed 100 percent of 
     the general election expenditure limit under section 502(b).
       ``(3)(A) A candidate who receives benefits under this 
     section may receive contributions for the general election 
     without regard to clause (iii) of section 501(c)(1)(D) if--
       ``(i) a major party candidate in the same general election 
     is not an eligible Senate candidate; or
       ``(ii) any other candidate in the same general election who 
     is not an eligible Senate candidate raises aggregate 
     contributions, or makes or becomes obligated to make 
     aggregate expenditures, for the general election that exceed 
     75 percent of the general election expenditure limit 
     applicable to such other candidate under section 502(b).
       ``(B) The amount of contributions which may be received by 
     reason of subparagraph (A) shall not exceed 100 percent of 
     the general election expenditure limit under section 502(b).
       ``(d) Use of Payments.--Payments received by a candidate 
     under subsection (a)(3) shall be used to defray expenditures 
     incurred with respect to the general election period for the 
     candidate. Such payments shall not be used--
       ``(1) except as provided in paragraph (4), to make any 
     payments, directly or indirectly, to such candidate or to any 
     member of the immediate family of such candidate;
       ``(2) to make any expenditure other than expenditures to 
     further the general election of such candidate;
       ``(3) to make any expenditures which constitute a violation 
     of any law of the United States or of the State in which the 
     expenditure is made; or
       ``(4) subject to the provisions of section 315(k), to repay 
     any loan to any person except to the extent the proceeds of 
     such loan were used to further the general election of such 
     candidate.

     ``SEC. 504. CERTIFICATION BY COMMISSION.

       ``(a) In General.--(1) The Commission shall certify to any 
     candidate meeting the requirements of section 501 that such 
     candidate is an eligible Senate candidate entitled to 
     benefits under this title. The Commission shall revoke such 
     certification if it determines a candidate fails to continue 
     to meet such requirements.
       ``(2) No later than 48 hours after an eligible Senate 
     candidate files a request with the Secretary of the Senate to 
     receive benefits under section 501, the Commission shall 
     issue a certification stating whether such candidate is 
     eligible for payments under this title and the amount of such 
     payments to which such candidate is entitled. The request 
     referred to in the preceding sentence shall contain--
       ``(A) such information and be made in accordance with such 
     procedures as the Commission may provide by regulation; and
       ``(B) a verification signed by the candidate and the 
     treasurer of the principal campaign committee of such 
     candidate stating that the information furnished in support 
     of the request, to the best of their knowledge, is correct 
     and fully satisfies the requirements of this title.
       ``(b) Determinations by Commission.--All determinations 
     (including certifications under subsection (a)) made by the 
     Commission under this title shall be final and conclusive, 
     except to the extent that they are subject to examination and 
     audit by the Commission under section 505 and judicial review 
     under section 506.

     ``SEC. 505. EXAMINATION AND AUDITS; REPAYMENTS; CIVIL 
                   PENALTIES.

       ``(a) Examination and Audits.--(1) After each general 
     election, the Commission shall conduct an examination and 
     audit of the campaign accounts of 10 percent of all 
     candidates for the office of United States Senator to 
     determine, among other things, whether such candidates have 
     complied with the expenditure limits and conditions of 
     eligibility of this title, and other requirements of this 
     Act. Such candidates shall be designated by the Commission 
     through the use of an appropriate statistical method of 
     random selection. If the Commission selects a candidate, the 
     Commission shall examine and audit the campaign accounts of 
     all other candidates in the general election for the office 
     the selected candidate is seeking.
       ``(2) The Commission may conduct an examination and audit 
     of the campaign accounts of any candidate in a general 
     election for the office of United States Senator if the 
     Commission determines that there exists reason to believe 
     that such candidate may have violated any provision of this 
     title.
       ``(b) Excess Payments; Revocation of Status.--(1) If the 
     Commission determines that payments were made to an eligible 
     Senate candidate under this title in excess of the aggregate 
     amounts to which such candidate was entitled, the Commission 
     shall so notify such candidate, and such candidate shall pay 
     an amount equal to the excess.
       ``(2) If the Commission revokes the certification of a 
     candidate as an eligible Senate candidate under section 
     504(a)(1), the Commission shall notify the candidate, and the 
     candidate shall pay an amount equal to the payments received 
     under this title.
       ``(c) Misuse of Benefits.--If the Commission determines 
     that any amount of any benefit made available to an eligible 
     Senate candidate under this title was not used as provided 
     for in this title, the Commission shall so notify such 
     candidate and such candidate shall pay the amount of such 
     benefit.
       ``(d) Excess Expenditures.--If the Commission determines 
     that any eligible Senate candidate who has received benefits 
     under this title has made expenditures which in the aggregate 
     exceed--
       ``(1) the primary or runoff expenditure limit under section 
     501(d); or
       ``(2) the general election expenditure limit under section 
     502(b),

     the Commission shall so notify such candidate and such 
     candidate shall pay an amount equal to the amount of the 
     excess expenditures.
       ``(e) Civil Penalties for Excess Expenditures and 
     Contributions.--(1) If the Commission determines that a 
     candidate has committed a violation described in subsection 
     (c), the Commission may assess a civil penalty against such 
     candidate in an amount not greater than 200 percent of the 
     amount involved.
       ``(2)(A) Low Amount of Excess Expenditures.--Any eligible 
     Senate candidate who makes expenditures that exceed any 
     limitation described in paragraph (1) or (2) of subsection 
     (d) by 2.5 percent or less shall pay an amount equal to the 
     amount of the excess expenditures.
       ``(B) Medium Amount of Excess Expenditures.--Any eligible 
     Senate candidate who makes expenditures that exceed any 
     limitation described in paragraph (1) or (2) of subsection 
     (d) by more than 2.5 percent and less than 5 percent shall 
     pay an amount equal to three times the amount of the excess 
     expenditures.
       ``(C) Large Amount of Excess Expenditures.--Any eligible 
     Senate candidate who makes expenditures that exceed any 
     limitation described in paragraph (1) or (2) of subsection 
     (d) by 5 percent or more shall pay an amount equal to three 
     times the amount of the excess expenditures plus a civil 
     penalty in an amount determined by the Commission.
       ``(f) Unexpended Funds.--Any amount received by an eligible 
     Senate candidate under this title may be retained for a 
     period not exceeding 120 days after the date of the general 
     election for the liquidation of all obligations to pay 
     expenditures for the general election incurred during the 
     general election period. At the end of such 120-day period, 
     any unexpended funds received under this title shall be 
     promptly repaid.
       ``(g) Limit on Period for Notification.--No notification 
     shall be made by the Commission under this section with 
     respect to an election more than three years after the date 
     of such election.
       ``(h) Deposits.--The Secretary shall deposit all payments 
     received under this section into the Senate Election Campaign 
     Fund.

     ``SEC. 506. JUDICIAL REVIEW.

       ``(a) Judicial Review.--Any agency action by the Commission 
     made under the provisions of this title shall be subject to 
     review by the United States Court of Appeals for the District 
     of Columbia Circuit upon petition filed in such court within 
     thirty days after the agency action by the Commission for 
     which review is sought. It shall be the duty of the Court of 
     Appeals, ahead of all matters not filed under this title, to 
     advance on the docket and expeditiously take action on all 
     petitions filed pursuant to this title.
       ``(b) Application of Title 5.--The provisions of chapter 7 
     of title 5, United States Code, shall apply to judicial 
     review of any agency action by the Commission.
       ``(c) Agency Action.--For purposes of this section, the 
     term `agency action' has the

[[Page S6730]]

     meaning given such term by section 551(13) of title 5, United 
     States Code.

     ``SEC. 507. PARTICIPATION BY COMMISSION IN JUDICIAL 
                   PROCEEDINGS.

       ``(a) Appearances.--The Commission is authorized to appear 
     in and defend against any action instituted under this 
     section and under section 506 either by attorneys employed in 
     its office or by counsel whom it may appoint without regard 
     to the provisions of title 5, United States Code, governing 
     appointments in the competitive service, and whose 
     compensation it may fix without regard to the provisions of 
     chapter 51 and subchapter III of chapter 53 of such title.
       ``(b) Institution of Actions.--The Commission is 
     authorized, through attorneys and counsel described in 
     subsection (a), to institute actions in the district courts 
     of the United States to seek recovery of any amounts 
     determined under this title to be payable to the Secretary.
       ``(c) Injunctive Relief.--The Commission is authorized, 
     through attorneys and counsel described in subsection (a), to 
     petition the courts of the United States for such injunctive 
     relief as is appropriate in order to implement any provision 
     of this title.
       ``(d) Appeals.--The Commission is authorized on behalf of 
     the United States to appeal from, and to petition the Supreme 
     Court for certiorari to review, judgments or decrees entered 
     with respect to actions in which it appears pursuant to the 
     authority provided in this section.

     ``SEC. 508. REPORTS TO CONGRESS; REGULATIONS.

       ``(a) Reports.--The Commission shall, as soon as 
     practicable after each election, submit a full report to the 
     Senate setting forth--
       ``(1) the expenditures (shown in such detail as the 
     Commission determines appropriate) made by each eligible 
     Senate candidate and the authorized committees of such 
     candidate;
       ``(2) the amounts certified by the Commission under section 
     504 as benefits available to each eligible Senate candidate;
       ``(3) the amount of repayments, if any, required under 
     section 505 and the reasons for each repayment required; and
       ``(4) the balance in the Senate Election Campaign Fund, and 
     the balance in any account maintained by the Fund.

     Each report submitted pursuant to this section shall be 
     printed as a Senate document.
       ``(b) Rules and Regulations.--The Commission is authorized 
     to prescribe such rules and regulations, in accordance with 
     the provisions of subsection (c), to conduct such 
     examinations and investigations, and to require the keeping 
     and submission of such books, records, and information, as it 
     deems necessary to carry out the functions and duties imposed 
     on it by this title.
       ``(c) Statement to Senate.--Thirty days before prescribing 
     any rules or regulation under subsection (b), the Commission 
     shall transmit to the Senate a statement setting forth the 
     proposed rule or regulation and containing a detailed 
     explanation and justification of such rule or regulation.

     ``SEC. 509. PAYMENTS RELATING TO ELIGIBLE CANDIDATES.

       ``(a) Establishment of Campaign Fund.--(1) There is 
     established on the books of the Treasury of the United States 
     a special fund to be known as the `Senate Election Campaign 
     Fund'.
       ``(2)(A) There are appropriated to the Fund for each fiscal 
     year, out of amounts in the general fund of the Treasury not 
     otherwise appropriated, amounts equal to--
       ``(i) any contributions by persons which are specifically 
     designated as being made to the Fund;
       ``(ii) amounts collected under section 505(h); and
       ``(iii) any other amounts that may be appropriated to or 
     deposited into the Fund under this title.
       ``(B) The Secretary of the Treasury shall, from time to 
     time, transfer to the Fund an amount not in excess of the 
     amounts described in subparagraph (A).
       ``(C) Amounts in the Fund shall remain available without 
     fiscal year limitation.
       ``(3) Amounts in the Fund shall be available only for the 
     purposes of--
       ``(A) making payments required under this title; and
       ``(B) making expenditures in connection with the 
     administration of the Fund.
       ``(4) The Secretary shall maintain such accounts in the 
     Fund as may be required by this title or which the Secretary 
     determines to be necessary to carry out the provisions of 
     this title.
       ``(b) Payments Upon Certification.--Upon receipt of a 
     certification from the Commission under section 504, except 
     as provided in subsection (d), the Secretary shall promptly 
     pay the amount certified by the Commission to the candidate 
     out of the Senate Election Campaign Fund.
       ``(c) Reductions in Payments if Funds Insufficient.--(1) 
     If, at the time of a certification by the Commission under 
     section 504 for payment to an eligible candidate, the 
     Secretary determines that the monies in the Senate Election 
     Campaign Fund are not, or may not be, sufficient to satisfy 
     the full entitlement of all eligible candidates, the 
     Secretary shall withhold from the amount of such payment such 
     amount as the Secretary determines to be necessary to assure 
     that each eligible candidate will receive the same pro rata 
     share of such candidate's full entitlement.
       ``(2) Amounts withheld under subparagraph (A) shall be paid 
     when the Secretary determines that there are sufficient 
     monies in the Fund to pay all, or a portion thereof, to all 
     eligible candidates from whom amounts have been withheld, 
     except that if only a portion is to be paid, it shall be paid 
     in such manner that each eligible candidate receives an equal 
     pro rata share of such portion.
       ``(3)(A) Not later than December 31 of any calendar year 
     preceding a calendar year in which there is a regularly 
     scheduled general election, the Secretary, after consultation 
     with the Commission, shall make an estimate of--
       ``(i) the amount of monies in the fund which will be 
     available to make payments required by this title in the 
     succeeding calendar year; and
       ``(ii) the amount of payments which will be required under 
     this title in such calendar year.
       ``(B) If the Secretary determines that there will be 
     insufficient monies in the fund to make the payments required 
     by this title for any calendar year, the Secretary shall 
     notify each candidate on January 1 of such calendar year (or, 
     if later, the date on which an individual becomes a 
     candidate) of the amount which the Secretary estimates will 
     be the pro rata reduction in each eligible candidate's 
     payments under this subsection. Such notice shall be by 
     registered mail.
       ``(C) The amount of the eligible candidate's contribution 
     limit under section 501(c)(1)(D)(iii) shall be increased by 
     the amount of the estimated pro rata reduction.
       ``(4) The Secretary shall notify the Commission and each 
     eligible candidate by registered mail of any actual reduction 
     in the amount of any payment by reason of this subsection. If 
     the amount of the reduction exceeds the amount estimated 
     under paragraph (3), the candidate's contribution limit under 
     section 501(c)(1)(D)(iii) shall be increased by the amount of 
     such excess.''.
       (2) Effective dates.--(A) Except as provided in this 
     paragraph, the amendment made by paragraph (1) shall apply to 
     elections occurring after December 31, 1995.
       (B) For purposes of any expenditure or contribution limit 
     imposed by the amendment made by paragraph (1)--
       (i) no expenditure made before January 1, 1996, shall be 
     taken into account, except that there shall be taken into 
     account any such expenditure for goods or services to be 
     provided after such date; and
       (ii) all cash, cash items, and Government securities on 
     hand as of January 1, 1996, shall be taken into account in 
     determining whether the contribution limit is met, except 
     that there shall not be taken into account amounts used 
     during the 60-day period beginning on January 1, 1996, to pay 
     for expenditures which were incurred (but unpaid) before such 
     date.
       (3) Effect of invalidity on other provisions of act.--If 
     section 501, 502, or 503 of title V of FECA (as added by this 
     section), or any part thereof, is held to be invalid, all 
     provisions of, and amendments made by, this Act shall be 
     treated as invalid.
       (b) Provisions To Facilitate Voluntary Contributions to 
     Senate Election Campaign Fund.--
       (1) General rule.--Part VIII of subchapter A of chapter 61 
     of the Internal Revenue Code of 1986 (relating to returns and 
     records) is amended by adding at the end the following:

   ``Subpart B--Designation of Additional Amounts to Senate Election 
                             Campaign Fund

``Sec. 6097. Designation of additional amounts.

     ``SEC. 6097. DESIGNATION OF ADDITIONAL AMOUNTS.

       ``(a) General Rule.--Every individual (other than a 
     nonresident alien) who files an income tax return for any 
     taxable year may designate an additional amount equal to $5 
     ($10 in the case of a joint return) to be paid over to the 
     Senate Election Campaign Fund.
       ``(b) Manner and Time of Designation.--A designation under 
     subsection (a) may be made for any taxable year only at the 
     time of filing the income tax return for the taxable year. 
     Such designation shall be made on the page bearing the 
     taxpayer's signature.
       ``(c) Treatment of Additional Amounts.--Any additional 
     amount designated under subsection (a) for any taxable year 
     shall, for all purposes of law, be treated as an additional 
     income tax imposed by chapter 1 for such taxable year.
       ``(d) Income Tax Return.--For purposes of this section, the 
     term `income tax return' means the return of the tax imposed 
     by chapter 1.''.
       (2) Conforming amendments.--(A) Part VIII of subchapter A 
     of chapter 61 of such Code is amended by striking the heading 
     and inserting:

     ``PART VIII--DESIGNATION OF AMOUNTS TO ELECTION CAMPAIGN FUNDS

``Subpart A. Presidential Election Campaign Fund.
``Subpart B. Designation of additional amounts to Senate Election 
              Campaign Fund.

          ``Subpart A--Presidential Election Campaign Fund''.

       (B) The table of parts for subchapter A of chapter 61 of 
     such Code is amended by striking the item relating to part 
     VIII and inserting:

``Part VIII. Designation of amounts to election campaign funds.''

       (3) Effective date.--The amendments made by this section 
     shall apply to taxable years beginning after December 31, 
     1995.

[[Page S6731]]

     SEC. 102. BAN ON ACTIVITIES OF POLITICAL ACTION COMMITTEES IN 
                   FEDERAL ELECTIONS.

       (a) In General.--Title III of FECA (2 U.S.C. 431 et seq.), 
     is amended by adding at the end thereof the following new 
     section:


  ``BAN ON FEDERAL ELECTION ACTIVITIES BY POLITICAL ACTION COMMITTEES

       ``Sec. 323. (a) Notwithstanding any other provision of this 
     Act, no person other than an individual or a political 
     committee may make contributions, solicit or receive 
     contributions, or make expenditures for the purpose of 
     influencing an election for Federal office.
       ``(b) In the case of individuals who are executive or 
     administrative personnel of an employer--
       ``(1) no contributions may be made by such individuals--
       ``(A) to any political committees established and 
     maintained by any political party; or
       ``(B) to any candidate for nomination for election, or 
     election, to Federal office or the candidate's authorized 
     committees,

     unless such contributions are not being made at the direction 
     of, or otherwise controlled or influenced by, the employer; 
     and
       ``(2) the aggregate amount of such contributions by all 
     such individuals in any calendar year shall not exceed--
       ``(A) $20,000 in the case of such political committees; and
       ``(B) $5,000 in the case of any such candidate and the 
     candidate's authorized committees.''.
       (b) Definition of Political Committee.--(1) Paragraph (4) 
     of section 301 of FECA (2 U.S.C. 431(4)) is amended to read 
     as follows:
       ``(4) The term `political committee' means--
       ``(A) the principal campaign committee of a candidate;
       ``(B) any national, State, or district committee of a 
     political party, including any subordinate committee thereof; 
     and
       ``(C) any local committee of a political party which--
       ``(i) receives contributions aggregating in excess of 
     $5,000 during a calendar year;
       ``(ii) makes payments exempted from the definition of 
     contribution or expenditure under paragraph (8) or (9) 
     aggregating in excess of $5,000 during a calendar year;
       ``(iii) makes contributions or expenditures aggregating in 
     excess of $1,000 during a calendar year; or
       ``(D) any committee described in section 
     315(a)(8)(D)(i)(III).''.
       (2) Section 316(b)(2) of FECA (2 U.S.C. 441b(b)(2)) is 
     amended by striking subparagraph (C).
       (c) Candidate's Committees.--(1) Section 315(a) of FECA (2 
     U.S.C. 441a(a)) is amended by adding at the end thereof the 
     following new paragraph:
       ``(9) For the purposes of the limitations provided by 
     paragraphs (1) and (2), any political committee which is 
     established or financed or maintained or controlled by any 
     candidate or Federal officeholder shall be deemed to be an 
     authorized committee of such candidate or officeholder. 
     Nothing in this paragraph shall be construed to permit the 
     establishment, financing, maintenance, or control of any 
     committee which is prohibited by paragraph (3) or (6) of 
     section 302(e).''.
       (2) Section 302(e)(3) of FECA (2 U.S.C. 432) is amended to 
     read as follows:
       ``(3) No political committee that supports or has supported 
     more than one candidate may be designated as an authorized 
     committee, except that--
       ``(A) a candidate for the office of President nominated by 
     a political party may designate the national committee of 
     such political party as the candidate's principal campaign 
     committee, but only if that national committee maintains 
     separate books of account with respect to its functions as a 
     principal campaign committee; and
       ``(B) a candidate may designate a political committee 
     established solely for the purpose of joint fundraising by 
     such candidates as an authorized committee.''.
       (d) Rules Applicable When Ban Not in Effect.--For purposes 
     of the Federal Election Campaign Act of 1971, during any 
     period beginning after the effective date in which the 
     limitation under section 323 of such Act (as added by 
     subsection (a)) is not in effect--
       (1) the amendments made by subsections (a), (b), and (c) 
     shall not be in effect;
       (2) in the case of a candidate for election, or nomination 
     for election, to Federal office (and such candidate's 
     authorized committees), section 315(a)(2)(A) of FECA (2 
     U.S.C. 441a(a)(2)(A)) shall be applied by substituting 
     ``$1,000'' for ``$5,000'';
       (3) it shall be unlawful for a multicandidate political 
     committee to make a contribution to a candidate for election, 
     or nomination for election, to Federal office (or an 
     authorized committee) to the extent that the making or 
     accepting of the contribution will cause the amount of 
     contributions received by the candidate and the candidate's 
     authorized committees from multicandidate political 
     committees to exceed the lesser of--
       (A) $825,000; or
       (B) 20 percent of the aggregate Federal election spending 
     limits applicable to the candidate for the election cycle.

     The $825,000 amount in paragraph (3) shall be increased as of 
     the beginning of each calendar year based on the increase in 
     the price index determined under section 315(c) of FECA, 
     except that for purposes of paragraph (3), the base period 
     shall be the calendar year 1996. A candidate or authorized 
     committee that receives a contribution from a multicandidate 
     political committee in excess of the amount allowed under 
     paragraph (3) shall return the amount of such excess 
     contribution to the contributor.
       (e) Rule Ensuring Prohibition on Direct Corporate and Labor 
     Spending.--If section 316(a) of the Federal Election Campaign 
     Act of 1971 is held to be invalid by reason of the amendments 
     made by this section, then the amendments made by subsections 
     (a), (b), and (c) of this section shall not apply to 
     contributions by any political committee that is directly or 
     indirectly established, administered, or supported by a 
     connected organization which is a bank, corporation, or other 
     organization described in such section 316(a).
       (f) Restrictions on Contributions to Political 
     Committees.--Paragraphs (1)(C) and (2)(C) of section 315(a) 
     of FECA (2 U.S.C. 441a(a) (1)(D) and (2)(D)) are each amended 
     by striking ``$5,000'' and inserting ``$1,000''.
       (g) Effective Dates.--(1) Except as provided in paragraph 
     (2), the amendments made by this section shall apply to 
     elections (and the election cycles relating thereto) 
     occurring after December 31, 1996.
       (2) In applying the amendments made by this section, there 
     shall not be taken into account--
       (A) contributions made or received before January 1, 1996; 
     or
       (B) contributions made to, or received by, a candidate on 
     or after January 1, 1996, to the extent such contributions 
     are not greater than the excess (if any) of--
       (i) such contributions received by any opponent of the 
     candidate before January 1, 1996, over
       (ii) such contributions received by the candidate before 
     January 1, 1996.

     SEC. 103. REPORTING REQUIREMENTS.

       Title III of FECA is amended by inserting after section 304 
     the following new section:


             ``REPORTING REQUIREMENTS FOR SENATE CANDIDATES

       ``Sec. 304A. (a) Candidate Other Than Eligible Senate 
     Candidate.--(1) Each candidate for the office of United 
     States Senator who does not file a certification with the 
     Secretary of the Senate under section 501(c) shall file with 
     the Secretary of the Senate a declaration as to whether such 
     candidate intends to make expenditures for the general 
     election in excess of the general election expenditure limit 
     applicable to an eligible Senate candidate under section 
     502(b). Such declaration shall be filed at the time provided 
     in section 501(c)(2).
       ``(2) Any candidate for the United States Senate who 
     qualifies for the ballot for a general election--
       ``(A) who is not an eligible Senate candidate under section 
     501; and
       ``(B) who either raises aggregate contributions, or makes 
     or obligates to make aggregate expenditures, for the general 
     election which exceed 75 percent of the general election 
     expenditure limit applicable to an eligible Senate candidate 
     under section 502(b),

     shall file a report with the Secretary of the Senate within 
     24 hours after such contributions have been raised or such 
     expenditures have been made or obligated to be made (or, if 
     later, within 24 hours after the date of qualification for 
     the general election ballot), setting forth the candidate's 
     total contributions and total expenditures for such election 
     as of such date. Thereafter, such candidate shall file 
     additional reports (until such contributions or expenditures 
     exceed 200 percent of such limit) with the Secretary of the 
     Senate within 24 hours after each time additional 
     contributions are raised, or expenditures are made or are 
     obligated to be made, which in the aggregate exceed an amount 
     equal to 10 percent of such limit and after the total 
     contributions or expenditures exceed 133\1/3\, 166\2/3\, 
     and 200 percent of such limit.
       ``(3) The Commission--
       ``(A) shall, within 24 hours of receipt of a declaration or 
     report under paragraph (1) or (2), notify each eligible 
     Senate candidate in the election involved about such 
     declaration or report; and
       ``(B) if an opposing candidate has raised aggregate 
     contributions, or made or has obligated to make aggregate 
     expenditures, in excess of the applicable general election 
     expenditure limit under section 502(b), shall certify, 
     pursuant to the provisions of subsection (d), such 
     eligibility for payment of any amount to which such eligible 
     Senate candidate is entitled under section 503(a).
       ``(4) Notwithstanding the reporting requirements under this 
     subsection, the Commission may make its own determination 
     that a candidate in a general election who is not an eligible 
     Senate candidate has raised aggregate contributions, or made 
     or has obligated to make aggregate expenditures, in the 
     amounts which would require a report under paragraph (2). The 
     Commission shall, within 24 hours after making each such 
     determination, notify each eligible Senate candidate in the 
     general election involved about such determination, and 
     shall, when such contributions or expenditures exceed the 
     general election expenditure limit under section 502(b), 
     certify (pursuant to the provisions of subsection (d)) such 
     candidate's eligibility for payment of any amount under 
     section 503(a).
       ``(b) Reports on Personal Funds.--(1) Any candidate for the 
     United States Senate who during the election cycle expends 
     more than the limitation under section 502(a) during

[[Page S6732]]

     the election cycle from his personal funds, the funds of his 
     immediate family, and personal loans incurred by the 
     candidate and the candidate's immediate family shall file a 
     report with the Secretary of the Senate within 24 hours after 
     such expenditures have been made or loans incurred.
       ``(2) The Commission within 24 hours after a report has 
     been filed under paragraph (1) shall notify each eligible 
     Senate candidate in the election involved about each such 
     report.
       ``(3) Notwithstanding the reporting requirements under this 
     subsection, the Commission may make its own determination 
     that a candidate for the United States Senate has made 
     expenditures in excess of the amount under paragraph (1). The 
     Commission within 24 hours after making such determination 
     shall notify each eligible Senate candidate in the general 
     election involved about each such determination.
       ``(c) Candidates for Other Offices.--(1) Each individual--
       ``(A) who becomes a candidate for the office of United 
     States Senator;
       ``(B) who, during the election cycle for such office, held 
     any other Federal, State, or local office or was a candidate 
     for such other office; and
       ``(C) who expended any amount during such election cycle 
     before becoming a candidate for the office of United States 
     Senator which would have been treated as an expenditure if 
     such individual had been such a candidate, including amounts 
     for activities to promote the image or name recognition of 
     such individual,

     shall, within 7 days of becoming a candidate for the office 
     of United States Senator, report to the Secretary of the 
     Senate the amount and nature of such expenditures.
       ``(2) Paragraph (1) shall not apply to any expenditures in 
     connection with a Federal, State, or local election which has 
     been held before the individual becomes a candidate for the 
     office of United States Senator.
       ``(3) The Commission shall, as soon as practicable, make a 
     determination as to whether the amounts included in the 
     report under paragraph (1) were made for purposes of 
     influencing the election of the individual to the office of 
     United States Senator.
       ``(d) Certifications.--Notwithstanding section 505(a), the 
     certification required by this section shall be made by the 
     Commission on the basis of reports filed in accordance with 
     the provisions of this Act, or on the basis of such 
     Commission's own investigation or determination.
       ``(e) Copies of Reports and Public Inspection.--The 
     Secretary of the Senate shall transmit a copy of any report 
     or filing received under this section or of title V (whenever 
     a 24-hour response is required of the Commission) as soon as 
     possible (but no later than 4 working hours of the 
     Commission) after receipt of such report or filing, and shall 
     make such report or filing available for public inspection 
     and copying in the same manner as the Commission under 
     section 311(a)(4), and shall preserve such reports and 
     filings in the same manner as the Commission under section 
     311(a)(5).
       ``(f) Definitions.--For purposes of this section, any term 
     used in this section which is used in title V shall have the 
     same meaning as when used in title V.''.

     SEC. 104. DISCLOSURE BY NONELIGIBLE CANDIDATES.

       Section 318 of FECA (2 U.S.C. 441d), as amended by section 
     133, is amended by adding at the end thereof the following:
       ``(e) If a broadcast, cablecast, or other communication is 
     paid for or authorized by a candidate in the general election 
     for the office of United States Senator who is not an 
     eligible Senate candidate, or the authorized committee of 
     such candidate, such communication shall contain the 
     following sentence: `This candidate has not agreed to 
     voluntary campaign spending limits.'.''.
                     Subtitle B--General Provisions

     SEC. 131. BROADCAST RATES AND PREEMPTION.

       (a) Broadcast Rates.--Section 315(b) of the Communications 
     Act of 1934 (47 U.S.C. 315(b)) is amended--
       (1) in paragraph (1)--
       (A) by striking ``forty-five'' and inserting ``30'';
       (B) by striking ``sixty'' and inserting ``45''; and
       (C) by striking ``lowest unit charge of the station for the 
     same class and amount of time for the same period'' and 
     inserting ``lowest charge of the station for the same amount 
     of time for the same period on the same date''; and
       (2) by adding at the end the following new sentence:

     ``In the case of an eligible Senate candidate (as defined in 
     section 301(19) of the Federal Election Campaign Act of 
     1971), the charges during the general election period (as 
     defined in section 301(21) of such Act) shall not exceed 50 
     percent of the lowest charge described in paragraph (1).''.
       (b) Preemption; Access.--Section 315 of the Communications 
     Act of 1934 (47 U.S.C. 315) is amended by redesignating 
     subsections (c) and (d) as subsections (e) and (f), 
     respectively, and by inserting immediately after subsection 
     (b) the following new subsection:
       ``(c)(1) Except as provided in paragraph (2), a licensee 
     shall not preempt the use, during any period specified in 
     subsection (b)(1), of a broadcasting station by a legally 
     qualified candidate for public office who has purchased and 
     paid for such use pursuant to the provisions of subsection 
     (b)(1).
       ``(2) If a program to be broadcast by a broadcasting 
     station is preempted because of circumstances beyond the 
     control of the broadcasting station, any candidate 
     advertising spot scheduled to be broadcast during that 
     program may also be preempted.
       ``(d) In the case of a legally qualified candidate for the 
     United States Senate, a licensee shall provide broadcast time 
     without regard to the rates charged for the time.''.

     SEC. 132. EXTENSION OF REDUCED THIRD-CLASS MAILING RATES TO 
                   ELIGIBLE SENATE CANDIDATES.

       Section 3626(e) of title 39, United States Code, is 
     amended--
       (1) in paragraph (2)(A)--
       (A) by striking ``and the National'' and inserting ``the 
     National''; and
       (B) by striking ``Committee;'' and inserting ``Committee, 
     and, subject to paragraph (3), the principal campaign 
     committee of an eligible House of Representatives or Senate 
     candidate;'';
       (2) in paragraph (2)(B), by striking ``and'' after the 
     semicolon;
       (3) in paragraph (2)(C), by striking the period and 
     inserting ``; and'';
       (4) by adding after paragraph (2)(C) the following new 
     subparagraph:
       ``(D) The terms `eligible Senate candidate' and `principal 
     campaign committee' have the meanings given those terms in 
     section 301 of the Federal Election Campaign Act of 1971.''; 
     and
       (5) by adding after paragraph (2) the following new 
     paragraph:
       ``(3) The rate made available under this subsection with 
     respect to an eligible Senate candidate shall apply only to--
       ``(A) the general election period (as defined in section 
     301 of the Federal Election Campaign Act of 1971); and
       ``(B) that number of pieces of mail equal to the number of 
     individuals in the voting age population (as certified under 
     section 315(e) of such Act) of the congressional district or 
     State, whichever is applicable.''.

     SEC. 133. REPORTING REQUIREMENTS FOR CERTAIN INDEPENDENT 
                   EXPENDITURES.

       Section 304(c) of FECA (2 U.S.C. 434(c)) is amended--
       (1) in paragraph (2), by striking out the undesignated 
     matter after subparagraph (C);
       (2) by redesignating paragraph (3) as paragraph (5); and
       (3) by inserting after paragraph (2), as amended by 
     paragraph (1), the following new paragraphs:
       ``(3)(A) Any independent expenditure (including those 
     described in subsection (b)(6)(B)(iii) of this section) 
     aggregating $1,000 or more made after the 20th day, but more 
     than 24 hours, before any election shall be reported within 
     24 hours after such independent expenditure is made.
       ``(B) Any independent expenditure aggregating $10,000 or 
     more made at any time up to and including the 20th day before 
     any election shall be reported within 48 hours after such 
     independent expenditure is made. An additional statement 
     shall be filed each time independent expenditures aggregating 
     $10,000 are made with respect to the same election as the 
     initial statement filed under this section.
       ``(C) Such statement shall be filed with the Secretary of 
     the Senate and the Secretary of State of the State involved 
     and shall contain the information required by subsection 
     (b)(6)(B)(iii) of this section, including whether the 
     independent expenditure is in support of, or in opposition 
     to, the candidate involved. The Secretary of the Senate shall 
     as soon as possible (but not later than 4 working hours of 
     the Commission) after receipt of a statement transmit it to 
     the Commission. Not later than 48 hours after the Commission 
     receives a report, the Commission shall transmit a copy of 
     the report to each candidate seeking nomination or election 
     to that office.
       ``(D) For purposes of this section, the term `made' 
     includes any action taken to incur an obligation for payment.
       ``(4)(A) If any person intends to make independent 
     expenditures totaling $5,000 during the 20 days before an 
     election, such person shall file a statement no later than 
     the 20th day before the election.
       ``(B) Such statement shall be filed with the Secretary of 
     the Senate and the Secretary of State of the State involved, 
     and shall identify each candidate whom the expenditure will 
     support or oppose. The Secretary of the Senate shall as soon 
     as possible (but not later than 4 working hours of the 
     Commission) after receipt of a statement transmit it to the 
     Commission. Not later than 48 hours after the Commission 
     receives a statement under this paragraph, the Commission 
     shall transmit a copy of the statement to each candidate 
     identified.
       ``(5) The Commission may make its own determination that a 
     person has made, or has incurred obligations to make, 
     independent expenditures with respect to any Federal election 
     which in the aggregate exceed the applicable amounts under 
     paragraph (3) or (4). The Commission shall notify each 
     candidate in such election of such determination within 24 
     hours of making it.
       ``(6) At the same time as a candidate is notified under 
     paragraph (3), (4), or (5) with respect to expenditures 
     during a general election period, the Commission shall 
     certify eligibility to receive benefits under section 504(a) 
     or section 604(b).
       ``(7) The Secretary of the Senate shall make any statement 
     received under this subsection available for public 
     inspection and copying in the same manner as the Commission 
     under section 311(a)(4), and shall preserve such statements 
     in the same manner as the Commission under section 
     311(a)(5).''

[[Page S6733]]

     SEC. 134. CAMPAIGN ADVERTISING AMENDMENTS.

       Section 318 of FECA (2 U.S.C. 441d) is amended--
       (1) in the matter before paragraph (1) of subsection (a), 
     by striking ``an expenditure'' and inserting ``a 
     disbursement'';
       (2) in the matter before paragraph (1) of subsection (a), 
     by striking ``direct'';
       (3) in paragraph (3) of subsection (a), by inserting after 
     ``name'' the following ``and permanent street address''; and
       (4) by adding at the end the following new subsections:
       ``(c) Any printed communication described in subsection (a) 
     shall be--
       ``(1) of sufficient type size to be clearly readable by the 
     recipient of the communication;
       ``(2) contained in a printed box set apart from the other 
     contents of the communication; and
       ``(3) consist of a reasonable degree of color contrast 
     between the background and the printed statement.
       ``(d)(1) Any broadcast or cablecast communication described 
     in subsection (a)(1) or subsection (a)(2) shall include, in 
     addition to the requirements of those subsections an audio 
     statement by the candidate that identifies the candidate and 
     states that the candidate has approved the communication.
       ``(2) If a broadcast or cablecast communication described 
     in paragraph (1) is broadcast or cablecast by means of 
     television, the statement required by paragraph (1) shall--
       ``(A) appear in a clearly readable manner with a reasonable 
     degree of color contrast between the background and the 
     printed statement, for a period of at least 4 seconds; and
       ``(B) be accompanied by a clearly identifiable photographic 
     or similar image of the candidate.
       ``(e) Any broadcast or cablecast communication described in 
     subsection (a)(3) shall include, in addition to the 
     requirements of those subsections, in a clearly spoken 
     manner, the following statement--
       `             is responsible for the content of this 
     advertisement.'

     with the blank to be filled in with the name of the political 
     committee or other person paying for the communication and 
     the name of any connected organization of the payor; and, if 
     broadcast or cablecast by means of television, shall also 
     appear in a clearly readable manner with a reasonable degree 
     of color contrast between the background and the printed 
     statement, for a period of at least 4 seconds.''.

     SEC. 135. DEFINITIONS.

       (a) In General.--Section 301 of FECA (2 U.S.C. 431) is 
     amended by striking paragraph (19) and inserting the 
     following new paragraphs:
       ``(19) The term `eligible Senate candidate' means a 
     candidate who is eligible under section 502 to receive 
     benefits under title V.
       ``(20) The term `general election' means any election which 
     will directly result in the election of a person to a Federal 
     office, but does not include an open primary election.
       ``(21) The term `general election period' means, with 
     respect to any candidate, the period beginning on the day 
     after the date of the primary or runoff election for the 
     specific office the candidate is seeking, whichever is later, 
     and ending on the earlier of--
       ``(A) the date of such general election; or
       ``(B) the date on which the candidate withdraws from the 
     campaign or otherwise ceases actively to seek election.
       ``(22) The term `immediate family' means--
       ``(A) a candidate's spouse;
       ``(B) a child, stepchild, parent, grandparent, brother, 
     half-brother, sister or half-sister of the candidate or the 
     candidate's spouse; and
       ``(C) the spouse of any person described in subparagraph 
     (B).
       ``(23) The term `major party' has the meaning given such 
     term in section 9002(6) of the Internal Revenue Code of 1986, 
     except that if a candidate qualified under State law for the 
     ballot in a general election in an open primary in which all 
     the candidates for the office participated and which resulted 
     in the candidate and at least one other candidate qualifying 
     for the ballot in the general election, such candidate shall 
     be treated as a candidate of a major party for purposes of 
     title V.
       ``(24) The term `primary election' means an election which 
     may result in the selection of a candidate for the ballot in 
     a general election for a Federal office.
       ``(25) The term `primary election period' means, with 
     respect to any candidate, the period beginning on the day 
     following the date of the last election for the specific 
     office the candidate is seeking and ending on the earlier 
     of--
       ``(A) the date of the first primary election for that 
     office following the last general election for that office; 
     or
       ``(B) the date on which the candidate withdraws from the 
     election or otherwise ceases actively to seek election.
       ``(26) The term `runoff election' means an election held 
     after a primary election which is prescribed by applicable 
     State law as the means for deciding which candidate will be 
     on the ballot in the general election for a Federal office.
       ``(27) The term `runoff election period' means, with 
     respect to any candidate, the period beginning on the day 
     following the date of the last primary election for the 
     specific office such candidate is seeking and ending on the 
     date of the runoff election for such office.
       ``(28) The term `voting age population' means the resident 
     population, 18 years of age or older, as certified pursuant 
     to section 315(e).
       ``(29) The term `election cycle' means--
       ``(A) in the case of a candidate or the authorized 
     committees of a candidate, the term beginning on the day 
     after the date of the most recent general election for the 
     specific office or seat which such candidate seeks and ending 
     on the date of the next general election for such office or 
     seat; or
       ``(B) for all other persons, the term beginning on the 
     first day following the date of the last general election and 
     ending on the date of the next general election.
       ``(30) The terms `Senate Election Campaign Fund' and `Fund' 
     mean the Senate Election Campaign Fund established under 
     section 509.
       ``(31) The term `lobbyist' means--
       ``(A) a person required to register under section 308 of 
     the Federal Regulation of Lobbying Act (2 U.S.C. 267) or the 
     Foreign Agents Registration Act of 1938 (22 U.S.C. 611 et 
     seq.); and
       ``(B) a person who receives compensation in return for 
     having contact with Congress on any legislative matter.''.
       (b) Identification.--Section 301(13) of FECA (2 U.S.C. 
     431(13)) is amended by striking ``mailing address'' and 
     inserting ``permanent residence address''.

     SEC. 136. PROVISIONS RELATING TO FRANKED MASS MAILINGS.

       (a) Mass Mailings of Senators.--Section 3210(a)(6) of title 
     39, United States Code, is amended--
       (1) in subparagraph (A), by striking ``It is the intent of 
     Congress that a Member of, or a Member-elect to, Congress'' 
     and inserting ``A Member of, or Member-elect to, the House''; 
     and
       (2) in subparagraph (C)--
       (A) by striking ``if such mass mailing is postmarked fewer 
     than 60 days immediately before the date'' and inserting ``if 
     such mass mailing is postmarked during the calendar year''; 
     and
       (B) by inserting ``or reelection'' immediately before the 
     period.
       (b) Mass Mailings of House Members.--Section 3210 of title 
     39, United States Code, is amended--
       (1) in subsection (a)(7) by striking ``, except that--'' 
     and all that follows through the end of subparagraph (B) and 
     inserting a period; and
       (2) in subsection (d)(1) by striking ``delivery--'' and all 
     that follows through the end of subparagraph (B) and 
     inserting ``delivery within that area constituting the 
     congressional district or State from which the Member was 
     elected.''.
       (c) Prohibition on Use of Official Funds.--The Committee on 
     House Administration of the House of Representatives may not 
     approve any payment, nor may a Member of the House of 
     Representatives make any expenditure from, any allowance of 
     the House of Representatives or any other official funds if 
     any portion of the payment or expenditure is for any cost 
     related to a mass mailing by a Member of the House of 
     Representatives outside the congressional district of the 
     Member.
                   TITLE II--INDEPENDENT EXPENDITURES

     SEC. 201. CLARIFICATION OF DEFINITIONS RELATING TO 
                   INDEPENDENT EXPENDITURES.

       (a) Independent Expenditure Definition Amendment.--Section 
     301 of FECA (2 U.S.C. 431) is amended by striking paragraphs 
     (17) and (18) and inserting the following:
       ``(17)(A) The term `independent expenditure' means an 
     expenditure for an advertisement or other communication 
     that--
       ``(i) contains express advocacy; and
       ``(ii) is made without the participation or cooperation of 
     a candidate or a candidate's representative.
       ``(B) The following shall not be considered an independent 
     expenditure:
       ``(i) An expenditure made by a political committee of a 
     political party.
       ``(ii) An expenditure made by a person who, during the 
     election cycle, has communicated with or received information 
     from a candidate or a representative of that candidate 
     regarding activities that have the purpose of influencing 
     that candidate's election to Federal office, where the 
     expenditure is in support of that candidate or in opposition 
     to another candidate for that office.
       ``(iii) An expenditure if there is any arrangement, 
     coordination, or direction with respect to the expenditure 
     between the candidate or the candidate's agent and the person 
     making the expenditure.
       ``(iv) An expenditure if, in the same election cycle, the 
     person making the expenditure is or has been--
       ``(I) authorized to raise or expend funds on behalf of the 
     candidate or the candidate's authorized committees; or
       ``(II) serving as a member, employee, or agent of the 
     candidate's authorized committees in an executive or 
     policymaking position.
       ``(v) An expenditure if the person making the expenditure 
     has advised or counseled the candidate or the candidate's 
     agents at any time on the candidate's plans, projects, or 
     needs relating to the candidate's pursuit of nomination for 
     election, or election, to Federal office, in the same 
     election cycle, including any advice relating to the 
     candidate's decision to seek Federal office.
       ``(vi) An expenditure if the person making the expenditure 
     retains the professional

[[Page S6734]]

     services of any individual or other person also providing 
     those services in the same election cycle to the candidate in 
     connection with the candidate's pursuit of nomination for 
     election, or election, to Federal office, including any 
     services relating to the candidate's decision to seek Federal 
     office.
       ``(vii) An expenditure if the person making the expenditure 
     has consulted at any time during the same election cycle 
     about the candidate's plans, projects, or needs relating to 
     the candidate's pursuit of nomination for election, or 
     election, to Federal office, with--
       ``(I) any officer, director, employee or agent of a party 
     committee that has made or intends to make expenditures or 
     contributions, pursuant to subsections (a), (d), or (h) of 
     section 315 in connection with the candidate's campaign; or
       ``(II) any person whose professional services have been 
     retained by a political party committee that has made or 
     intends to make expenditures or contributions pursuant to 
     subsections (a), (d), or (h) of section 315 in connection 
     with the candidate's campaign.

     For purposes of this subparagraph, the person making the 
     expenditure shall include any officer, director, employee, or 
     agent of such person.
       ``(18) The term `express advocacy' means, when a 
     communication is taken as a whole, an expression of support 
     for or opposition to a specific candidate, to a specific 
     group of candidates, or to candidates of a particular 
     political party, or a suggestion to take action with respect 
     to an election, such as to vote for or against, make 
     contributions to, or participate in campaign activity.''.
       (b) Contribution Definition Amendment.--Section 301(8)(A) 
     of FECA (2 U.S.C. 431(8)(A)) is amended--
       (1) in clause (i), by striking ``or'' after the semicolon 
     at the end;
       (2) in clause (ii), by striking the period at the end and 
     inserting ``; or''; and
       (3) by adding at the end the following new clause:
       ``(iii) any payment or other transaction referred to in 
     paragraph (17)(A)(i) that does not qualify as an independent 
     expenditure under paragraph (17)(A)(ii).''.
                        TITLE III--EXPENDITURES
                   Subtitle A--Personal Loans; Credit

     SEC. 301. PERSONAL CONTRIBUTIONS AND LOANS.

       Section 315 of FECA (2 U.S.C. 441a) is amended by adding at 
     the end the following new subsection:
       ``(i) Limitations on Payments to Candidates.--(1) If a 
     candidate or a member of the candidate's immediate family 
     made any loans to the candidate or to the candidate's 
     authorized committees during any election cycle, no 
     contributions after the date of the general election for such 
     election cycle may be used to repay such loans.
       ``(2) No contribution by a candidate or member of the 
     candidate's immediate family may be returned to the candidate 
     or member other than as part of a pro rata distribution of 
     excess contributions to all contributors.''.

     SEC. 302. EXTENSIONS OF CREDIT.

       Section 301(8)(A) of FECA (2 U.S.C. 431(8)(A)), as amended 
     by section 201(b), is amended--
       (1) by striking ``or'' at the end of clause (ii);
       (2) by striking the period at the end of clause (iii) and 
     inserting ``; or''; and
       (3) by inserting at the end the following new clause:
       ``(iv) with respect to a candidate and the candidate's 
     authorized committees, any extension of credit for goods or 
     services relating to advertising on broadcasting stations, in 
     newspapers or magazines, or by mailings, or relating to other 
     similar types of general public political advertising, if 
     such extension of credit is--
       ``(I) in an amount of more than $1,000; and
       ``(II) for a period greater than the period, not in excess 
     of 60 days, for which credit is generally extended in the 
     normal course of business after the date on which such goods 
     or services are furnished or the date of the mailing in the 
     case of advertising by a mailing.''.
   Subtitle B--Provisions Relating to Soft Money of Political Parties

     SEC. 311. REPORTING REQUIREMENTS.

       (a) Reporting Requirements.--Section 304 of FECA (2 U.S.C. 
     434), as amended by section 133(a), is amended by adding at 
     the end thereof the following new subsection:
       ``(e) Political Committees.--(1) The national committee of 
     a political party and any congressional campaign committee of 
     a political party, and any subordinate committee of either, 
     shall report all receipts and disbursements during the 
     reporting period, whether or not in connection with an 
     election for Federal office.
       ``(2) Any political committee to which paragraph (1) does 
     not apply shall report any receipts or disbursements which 
     are used in connection with a Federal election.
       ``(3) If a political committee has receipts or 
     disbursements to which this subsection applies from any 
     person aggregating in excess of $200 for any calendar year, 
     the political committee shall separately itemize its 
     reporting for such person in the same manner as under 
     subsection (b) (3)(A), (5), or (6).
       ``(4) Reports required to be filed by this subsection shall 
     be filed for the same time periods required for political 
     committees under subsection (a).''.
       (b) Report of Exempt Contributions.--Section 301(8) of the 
     Federal Election Campaign Act of 1971 (2 U.S.C. 431(8)) is 
     amended by inserting at the end thereof the following:
       ``(C) The exclusion provided in clause (viii) of 
     subparagraph (B) shall not apply for purposes of any 
     requirement to report contributions under this Act, and all 
     such contributions aggregating in excess of $200 shall be 
     reported.''.
       (c) Reports by State Committees.--Section 304 of FECA (2 
     U.S.C. 434), as amended by subsection (a), is amended by 
     adding at the end thereof the following new subsection:
       ``(f) Filing of State Reports.--In lieu of any report 
     required to be filed by this Act, the Commission may allow a 
     State committee of a political party to file with the 
     Commission a report required to be filed under State law if 
     the Commission determines such reports contain substantially 
     the same information.''.
       (d) Other Reporting Requirements.--
       (1) Authorized committees.--Paragraph (4) of section 304(b) 
     of FECA (2 U.S.C. 434(b)(4)) is amended by striking ``and'' 
     at the end of subparagraph (H), by inserting ``and'' at the 
     end of subparagraph (I), and by adding at the end the 
     following new subparagraph:
       ``(J) in the case of an authorized committee, disbursements 
     for the primary election, the general election, and any other 
     election in which the candidate participates;''.
       (2) Names and addresses.--Subparagraph (A) of section 
     304(b)(5) of FECA (2 U.S.C. 434(b)(5)(A)) is amended--
       (A) by striking ``within the calendar year'', and
       (B) by inserting ``, and the election to which the 
     operating expenditure relates'' after ``operating 
     expenditure''.
                        TITLE IV--CONTRIBUTIONS

     SEC. 401. CONTRIBUTIONS THROUGH INTERMEDIARIES AND CONDUITS; 
                   PROHIBITION ON CERTAIN CONTRIBUTIONS BY 
                   LOBBYISTS.

       (a) Contributions Through Intermediaries and Conduits.--
     Section 315(a)(8) of FECA (2 U.S.C. 441a(a)(8)) is amended to 
     read as follows:
       ``(8) For the purposes of this subsection:
       ``(A) Contributions made by a person, either directly or 
     indirectly, to or on behalf of a particular candidate, 
     including contributions that are in any way earmarked or 
     otherwise directed through an intermediary or conduit to a 
     candidate, shall be treated as contributions from the person 
     to the candidate.
       ``(B) Contributions made directly or indirectly by a person 
     to or on behalf of a particular candidate through an 
     intermediary or conduit, including contributions made or 
     arranged to be made by an intermediary or conduit, shall be 
     treated as contributions from the intermediary or conduit to 
     the candidate if--
       ``(i) the contributions made through the intermediary or 
     conduit are in the form of a check or other negotiable 
     instrument made payable to the intermediary or conduit rather 
     than the intended recipient; or
       ``(ii) the intermediary or conduit is--
       ``(I) a political committee;
       ``(II) an officer, employee, or agent of such a political 
     committee;
       ``(III) a political party;
       ``(IV) a partnership or sole proprietorship;
       ``(V) a person who is required to register or to report its 
     lobbying activities, or a lobbyist whose activities are 
     required to be reported, under section 308 of the Federal 
     Regulation of Lobbying Act (2 U.S.C. 267), the Foreign Agents 
     Registration Act of 1938 (22 U.S.C. 611 et seq.), or any 
     successor Federal law requiring a person who is a lobbyist or 
     foreign agent to register or a person to report its lobbying 
     activities; or
       ``(VI) an organization prohibited from making contributions 
     under section 316, or an officer, employee, or agent of such 
     an organization acting on the organization's behalf.
       ``(C)(i) The term `intermediary or conduit' does not 
     include--
       ``(I) a candidate or representative of a candidate 
     receiving contributions to the candidate's principal campaign 
     committee or authorized committee;
       ``(II) a professional fundraiser compensated for 
     fundraising services at the usual and customary rate, but 
     only if the individual is not described in subparagraph 
     (B)(ii);
       ``(III) a volunteer hosting a fundraising event at the 
     volunteer's home, in accordance with section 301(8)(B), but 
     only if the individual is not described in subparagraph 
     (B)(ii); or
       ``(IV) an individual who transmits a contribution from the 
     individual's spouse.
       ``(ii) The term `representative' means an individual who is 
     expressly authorized by the candidate to engage in 
     fundraising, and who occupies a significant position within 
     the candidate's campaign organization, provided that the 
     individual is not described in subparagraph (B)(ii).
       ``(iii) The term `contributions made or arranged to be 
     made' includes--
       ``(I) contributions delivered to a particular candidate or 
     the candidate's authorized committee or agent; and
       ``(II) contributions directly or indirectly arranged to be 
     made to a particular candidate or the candidate's authorized 
     committee or agent, in a manner that identifies directly or 
     indirectly to the candidate or authorized committee or agent 
     the person who arranged the making of the contributions or

[[Page S6735]]

     the person on whose behalf such person was acting.

     Such term does not include contributions made, or arranged to 
     be made, by reason of an oral or written communication by a 
     Federal candidate or officeholder expressly advocating the 
     nomination for election, or election, of any other Federal 
     candidate and encouraging the making of a contribution to 
     such other candidate. 
       ``(iv) The term `acting on the organization's behalf' 
     includes the following activities by an officer, employee or 
     agent of a person described in subparagraph (B)(ii)(VI):
       ``(I) Soliciting or directly or indirectly arranging the 
     making of a contribution to a particular candidate in the 
     name of, or by using the name of, such a person.
       ``(II) Soliciting or directly or indirectly arranging the 
     making of a contribution to a particular candidate using 
     other than incidental resources of such a person.
       ``(III) Soliciting contributions for a particular candidate 
     by substantially directing the solicitations to other 
     officers, employees, or agents of such a person.
       ``(D) Nothing in this paragraph shall prohibit--
       ``(i) bona fide joint fundraising efforts conducted solely 
     for the purpose of sponsorship of a fundraising reception, 
     dinner, or other similar event, in accordance with rules 
     prescribed by the Commission, by--
       ``(I) 2 or more candidates;
       ``(II) 2 or more national, State, or local committees of a 
     political party within the meaning of section 301(4) acting 
     on their own behalf; or
       ``(III) a special committee formed by 2 or more candidates, 
     or a candidate and a national, State, or local committee of a 
     political party acting on their own behalf; or
       ``(ii) fundraising efforts for the benefit of a candidate 
     that are conducted by another candidate.

     When a contribution is made to a candidate through an 
     intermediary or conduit, the intermediary or conduit shall 
     report the original source and the intended recipient of the 
     contribution to the Commission and to the intended 
     recipient.''.
       (b) Prohibition of Certain Contributions by Lobbyists.--
     Section 315 of FECA (2 U.S.C. 441a), as amended by section 
     301, is amended by adding at the end the following new 
     subsection:
       ``(j)(1) A lobbyist, or a political committee controlled by 
     a lobbyist, shall not make contributions to, or solicit 
     contributions for or on behalf of--
       ``(A) any member of Congress with whom the lobbyist has, 
     during the preceding 12 months, made a lobbying contact; or
       ``(B) any authorized committee of the President of the 
     United States if, during the preceding 12 months, the 
     lobbyist has made a lobbying contact with a covered executive 
     branch official.
       ``(2) A lobbyist who, or a lobbyist whose political 
     committee, has made any contribution to, or solicited 
     contributions for or on behalf of, any member of Congress or 
     candidate for Congress (or any authorized committee of the 
     President) shall not, during the 12 months following such 
     contribution or solicitation, make a lobbying contact with 
     such member or candidate who becomes a member of Congress (or 
     a covered executive branch official).
       ``(3) If a lobbyist advises or otherwise suggests to a 
     client of the lobbyist (including a client that is the 
     lobbyist's regular employer), or to a political committee 
     that is funded or administered by such a client, that the 
     client or political committee should make a contribution to 
     or solicit a contribution for or on behalf of--
       ``(A) a member of Congress or candidate for Congress, the 
     making or soliciting of such a contribution is prohibited if 
     the lobbyist has made a lobbying contact with the member of 
     Congress within the preceding 12 months; or
       ``(B) an authorized committee of the President, the making 
     or soliciting of such a contribution shall be unlawful if the 
     lobbyist has made a lobbying contact with a covered executive 
     branch official within the preceding 12 months.
       ``(4) For purposes of this subsection--
       ``(A) the term `covered executive branch official' means 
     the President, Vice-President, any officer or employee of the 
     executive office of the President other than a clerical or 
     secretarial employee, any officer or employee serving in an 
     Executive Level I, II, III, IV, or V position as designated 
     in statute or Executive order, any officer or employee 
     serving in a senior executive service position (as defined in 
     section 3232(a)(2) of title 5, United States Code), any 
     member of the uniformed services whose pay grade is at or in 
     excess of 0-7 under section 201 of title 37, United States 
     Code, and any officer or employee serving in a position of 
     confidential or policy-determining character under schedule C 
     of the excepted service pursuant to regulations implementing 
     section 2103 of title 5, United States Code;
       ``(B) the term `lobbyist' means--
       ``(i) a person required to register under section 308 of 
     the Federal Regulation of Lobbying Act (2 U.S.C. 267) or the 
     Foreign Agents Registration Act of 1938 (22 U.S.C. 611 et 
     seq.) or any successor Federal law requiring a person who is 
     a lobbyist or foreign agent to register or a person to report 
     its lobbying activities; or
       ``(C) the term `lobbying contact'--
       ``(i) means an oral or written communication with or 
     appearance before a member of Congress or covered executive 
     branch official made by a lobbyist representing an interest 
     of another person with regard to--
       ``(I) the formulation, modification, or adoption of Federal 
     legislation (including a legislative proposal);
       ``(II) the formulation, modification, or adoption of a 
     Federal rule, regulation, Executive order, or any other 
     program, policy or position of the United States Government; 
     or
       ``(III) the administration or execution of a Federal 
     program or policy (including the negotiation, award, or 
     administration of a Federal contract, grant, loan, permit, or 
     license); but
       ``(ii) does not include a communication that is--
       ``(I) made by a public official acting in an official 
     capacity;
       ``(II) made by a representative of a media organization who 
     is primarily engaged in gathering and disseminating news and 
     information to the public;
       ``(III) made in a speech, article, publication, or other 
     material that is widely distributed to the public or through 
     the media;
       ``(IV) a request for an appointment, a request for the 
     status of a Federal action, or another similar ministerial 
     contact, if there is no attempt to influence a member of 
     Congress or covered executive branch official at the time of 
     the contact;
       ``(V) made in the course of participation in an advisory 
     committee subject to the Federal Advisory Committee Act (5 
     U.S.C. App.);
       ``(VI) testimony given before a committee, subcommittee, or 
     office of Congress a Federal agency, or submitted for 
     inclusion in the public record of a hearing conducted by the 
     committee, subcommittee, or office;
       ``(VII) information provided in writing in response to a 
     specific written request from a member of Congress or covered 
     executive branch official;
       ``(VIII) required by subpoena, civil investigative demand, 
     or otherwise compelled by statute, regulation, or other 
     action of Congress or a Federal agency;
       ``(IX) made to an agency official with regard to a judicial 
     proceeding, criminal or civil law enforcement inquiry, 
     investigation, or proceeding, or filing required by law;
       ``(X) made in compliance with written agency procedures 
     regarding an adjudication conducted by the agency under 
     section 554 of title 5, United States Code, or substantially 
     similar provisions;
       ``(XI) a written comment filed in a public docket and other 
     communication that is made on the record in a public 
     proceeding;
       ``(XII) a formal petition for agency action, made in 
     writing pursuant to established agency procedures; or
       ``(XIII) made on behalf of a person with regard to the 
     person's benefits, employment, other personal matters 
     involving only that person, or disclosures pursuant to a 
     whistleblower statute.''.
       ``(5) For purposes of this subsection, a lobbyist shall be 
     considered to make a lobbying contact or communication with a 
     member of Congress if the lobbyist makes a lobbying contact 
     or communication with--
       ``(i) the member of Congress;
       ``(ii) any person employed in the office of the member of 
     Congress; or
       ``(iii) any person employed by a committee, joint 
     committee, or leadership office who, to the knowledge of the 
     lobbyist, was employed at the request of or is employed at 
     the pleasure of, reports primarily to, represents, or acts as 
     the agent of the member of Congress.''.

     SEC. 402. CONTRIBUTIONS BY DEPENDENTS NOT OF VOTING AGE.

       Section 315 of FECA (2 U.S.C. 441a), as amended by section 
     401(b), is amended by adding at the end the following new 
     subsection:
       ``(k) For purposes of this section, any contribution by an 
     individual who--
       ``(1) is a dependent of another individual; and
       ``(2) has not, as of the time of such contribution, 
     attained the legal age for voting for elections to Federal 
     office in the State in which such individual resides,
     shall be treated as having been made by such other 
     individual. If such individual is the dependent of another 
     individual and such other individual's spouse, the 
     contribution shall be allocated among such individuals in the 
     manner determined by them.''.

     SEC. 403. CONTRIBUTIONS TO CANDIDATES FROM STATE AND LOCAL 
                   COMMITTEES OF POLITICAL PARTIES TO BE 
                   AGGREGATED.

       Section 315(a) of FECA (2 U.S.C. 441a(a)) is amended by 
     adding at the end the following new paragraph:
       ``(9) A candidate for Federal office may not accept, with 
     respect to an election, any contribution from a State or 
     local committee of a political party (including any 
     subordinate committee of such committee), if such 
     contribution, when added to the total of contributions 
     previously accepted from all such committees of that 
     political party, exceeds a limitation on contributions to a 
     candidate under this section.''.

     SEC. 404. LIMITED EXCLUSION OF ADVANCES BY CAMPAIGN WORKERS 
                   FROM THE DEFINITION OF THE TERM 
                   ``CONTRIBUTION''.

       Section 301(8)(B) of FECA (2 U.S.C. 431(8)(B)) is amended--
       (1) in clause (xiii), by striking ``and'' after the 
     semicolon at the end;
       (2) in clause (xiv), by striking the period at the end and 
     inserting: ``; and''; and
       (3) by adding at the end the following new clause:

[[Page S6736]]

       ``(xv) any advance voluntarily made on behalf of an 
     authorized committee of a candidate by an individual in the 
     normal course of such individual's responsibilities as a 
     volunteer for, or employee of, the committee, if the advance 
     is reimbursed by the committee within 10 days after the date 
     on which the advance is made, and the value of advances on 
     behalf of a committee does not exceed $500 with respect to an 
     election.''.
                    TITLE V--REPORTING REQUIREMENTS

     SEC. 501. CHANGE IN CERTAIN REPORTING FROM A CALENDAR YEAR 
                   BASIS TO AN ELECTION CYCLE BASIS.

       Paragraphs (2) through (7) of section 304(b) of FECA (2 
     U.S.C. 434(b)(2)-(7)) are amended by inserting after 
     ``calendar year'' each place it appears the following: 
     ``(election cycle, in the case of an authorized committee of 
     a candidate for Federal office)''.

     SEC. 502. PERSONAL AND CONSULTING SERVICES.

       Section 304(b)(5)(A) of FECA (2 U.S.C. 434(b)(5)(A)) is 
     amended by adding before the semicolon at the end the 
     following: ``, except that if a person to whom an expenditure 
     is made is merely providing personal or consulting services 
     and is in turn making expenditures to other persons (not 
     including employees) who provide goods or services to the 
     candidate or his or her authorized committees, the name and 
     address of such other person, together with the date, amount 
     and purpose of such expenditure shall also be disclosed''.

     SEC. 503. REDUCTION IN THRESHOLD FOR REPORTING OF CERTAIN 
                   INFORMATION BY PERSONS OTHER THAN POLITICAL 
                   COMMITTEES.

       Section 304(b)(3)(A) of FECA (2 U.S.C. 434(b)(3)(A)) is 
     amended by striking ``$200'' and inserting ``$50''.

     SEC. 504. COMPUTERIZED INDICES OF CONTRIBUTIONS.

       Section 311(a) of FECA (2 U.S.C. 438(a)) is amended--
       (1) by striking ``and'' at the end of paragraph (9);
       (2) by striking the period at the end of paragraph (10) and 
     inserting ``; and''; and
       (3) by adding at the end the following new paragraph:
       ``(11) maintain computerized indices of contributions of 
     $50 or more.''.
                 TITLE VI--FEDERAL ELECTION COMMISSION

     SEC. 601. USE OF CANDIDATES' NAMES.

       Section 302(e)(4) of FECA (2 U.S.C. 432(e)(4)) is amended 
     to read as follows:
       ``(4)(A) The name of each authorized committee shall 
     include the name of the candidate who authorized the 
     committee under paragraph (1).
       ``(B) A political committee that is not an authorized 
     committee shall not include the name of any candidate in its 
     name or use the name of any candidate in any activity on 
     behalf of such committee in such a context as to suggest that 
     the committee is an authorized committee of the candidate or 
     that the use of the candidate's name has been authorized by 
     the candidate.''.

     SEC. 602. REPORTING REQUIREMENTS.

       (a) Option To File Monthly Reports--Section 304(a)(2) of 
     FECA (2 U.S.C. 434(a)(2)) is amended--
       (1) in subparagraph (A) by striking ``and'' at the end;
       (2) in subparagraph (B) by striking the period at the end 
     and inserting ``; and''; and
       (3) by inserting the following new subparagraph at the end:
       ``(C) in lieu of the reports required by subparagraphs (A) 
     and (B), the treasurer may file monthly reports in all 
     calendar years, which shall be filed no later than the 15th 
     day after the last day of the month and shall be complete as 
     of the last day of the month, except that, in lieu of filing 
     the reports otherwise due in November and December of any 
     year in which a regularly scheduled general election is held, 
     a pre-primary election report and a pre-general election 
     report shall be filed in accordance with subparagraph (A)(i), 
     a post-general election report shall be filed in accordance 
     with subparagraph (A)(ii), and a year end report shall be 
     filed no later than January 31 of the following calendar 
     year.''.
       (b) Filing Date.--Section 304(a)(4)(B) of FECA (2 U.S.C. 
     434(a)(4)(B)) is amended by striking ``20th'' and inserting 
     ``15th''.

     SEC. 603. PROVISIONS RELATING TO THE GENERAL COUNSEL OF THE 
                   COMMISSION.

       (a) Vacancy in the Office of General Counsel.--Section 
     306(f) of FECA (2 U.S.C. 437c(f)) is amended by adding at the 
     end the following new paragraph:
       ``(5) In the event of a vacancy in the office of general 
     counsel, the next highest ranking enforcement official in the 
     general counsel's office shall serve as acting general 
     counsel with full powers of the general counsel until a 
     successor is appointed.''.
       (b) Pay of the General Counsel.--Section 306(f)(1) of FECA 
     (2 U.S.C. 437c(f)(1)) is amended--
       (1) by inserting ``and the general counsel'' after ``staff 
     director'' in the second sentence; and
       (2) by striking the third sentence.

     SEC. 604. ENFORCEMENT.

       (a) Basis for Enforcement Proceeding.--Section 309(a)(2) of 
     FECA (2 U.S.C. 437g(a)(2)) is amended by striking ``it has 
     reason to believe that a person has committed, or is about to 
     commit'' and inserting ``facts have been alleged or 
     ascertained that, if true, give reason to believe that a 
     person may have committed, or may be about to commit''.
       (b) Authority To Seek Injunction.--(1) Section 309(a) of 
     FECA (2 U.S.C. 437g(a)) is amended by adding at the end the 
     following new paragraph:
       ``(13)(A) If, at any time in a proceeding described in 
     paragraph (1), (2), (3), or (4), the Commission believes 
     that--
       ``(i) there is a substantial likelihood that a violation of 
     this Act or of chapter 95 or chapter 96 of the Internal 
     Revenue Code of 1986 is occurring or is about to occur;
       ``(ii) the failure to act expeditiously will result in 
     irreparable harm to a party affected by the potential 
     violation;
       ``(iii) expeditious action will not cause undue harm or 
     prejudice to the interests of others; and
       ``(iv) the public interest would be best served by the 
     issuance of an injunction,
     the Commission may initiate a civil action for a temporary 
     restraining order or a temporary injunction pending the 
     outcome of the proceedings described in paragraphs (1), (2), 
     (3), and (4).
       ``(B) An action under subparagraph (A) shall be brought in 
     the United States district court for the district in which 
     the defendant resides, transacts business, or may be 
     found.''.
       (2) Section 309(a) of FECA (2 U.S.C. 437g(a)) is amended--
       (A) in paragraph (7) by striking ``(5) or (6)'' and 
     inserting ``(5), (6), or (13)''; and
       (B) in paragraph (11) by striking ``(6)'' and inserting 
     ``(6) or (13)''.

     SEC. 605. PENALTIES.

       (a) Penalties Prescribed in Conciliation Agreements.--(1) 
     Section 309(a)(5)(A) of FECA (2 U.S.C. 437g(a)(5)(A)) is 
     amended by striking ``which does not exceed the greater of 
     $5,000 or an amount equal to any contribution or expenditure 
     involved in such violation'' and inserting ``which is--
       ``(i) not less than 50 percent of all contributions and 
     expenditures involved in the violation (or such lesser amount 
     as the Commission provides if necessary to ensure that the 
     penalty is not unjustly disproportionate to the violation); 
     and
       ``(ii) not greater than all contributions and expenditures 
     involved in the violation''.
       (2) Section 309(a)(5)(B) of FECA (2 U.S.C. 437g(a)(5)(B)) 
     is amended by striking ``which does not exceed the greater of 
     $10,000 or an amount equal to 200 percent of any contribution 
     or expenditure involved in such violation'' and inserting 
     ``which is--
       ``(i) not less than all contributions and expenditures 
     involved in the violation; and
       ``(ii) not greater than 150 percent of all contributions 
     and expenditures involved in the violation''.
       (b) Penalties When Violations Are Adjudicated in Court.--
     (1) Section 309(a)(6)(A) of FECA (2 U.S.C. 437g(a)(6)(A)) is 
     amended by striking all that follows ``appropriate order'' 
     and inserting ``, including an order for a civil penalty in 
     the amount determined under subparagraph (A) or (B) in the 
     district court of the United States for the district in which 
     the defendant resides, transacts business, or may be 
     found.''.
       (2) Section 309(a)(6)(B) of FECA (2 U.S.C. 437g(a)(6)(B)) 
     is amended by striking all that follows ``other order'' and 
     inserting ``, including an order for a civil penalty which 
     is--
       ``(i) not less than all contributions and expenditures 
     involved in the violation; and
       ``(ii) not greater than 200 percent of all contributions 
     and expenditures involved in the violation,
     upon a proper showing that the person involved has committed, 
     or is about to commit (if the relief sought is a permanent or 
     temporary injunction or a restraining order), a violation of 
     this Act or chapter 95 of chapter 96 of the Internal Revenue 
     Code of 1986.''.
       (3) Section 309(a)(6)(C) of FECA (29 U.S.C. 437g(6)(C)) is 
     amended by striking ``a civil penalty'' and all that follows 
     and inserting ``a civil penalty which is--
       ``(i) not less than 200 percent of all contributions and 
     expenditures involved in the violation; and
       ``(ii) not greater than 250 percent of all contributions 
     and expenditures involved in the violation.''.

     SEC. 606. RANDOM AUDITS.

       Section 311(b) of FECA (2 U.S.C. 438(b)) is amended--
       (1) by inserting ``(1)'' before ``The Commission''; and
       (2) by adding at the end the following new paragraph:
       ``(2) Notwithstanding paragraph (1), the Commission may 
     from time to time conduct random audits and investigations to 
     ensure voluntary compliance with this Act. The subjects of 
     such audits and investigations shall be selected on the basis 
     of criteria established by vote of at least 4 members of the 
     Commission to ensure impartiality in the selection process. 
     This paragraph does not apply to an authorized committee of 
     an eligible Senate candidate subject to audit under section 
     505(a) or an authorized committee of an eligible House of 
     Representatives candidate subject to audit under section 
     605(a).''.

     SEC. 607. PROHIBITION OF FALSE REPRESENTATION TO SOLICIT 
                   CONTRIBUTIONS.

       Section 322 of FECA (2 U.S.C. 441h) is amended--
       (1) by inserting after ``Sec. 322.'' the following: 
     ``(a)''; and
       (2) by adding at the end the following:
       ``(b) No person shall solicit contributions by falsely 
     representing himself as a candidate or as a representative of 
     a candidate, a political committee, or a political party.''.

[[Page S6737]]

     SEC. 608. REGULATIONS RELATING TO USE OF NON-FEDERAL MONEY.

       Section 306 of FECA (2 U.S.C. 437c) is amended by adding at 
     the end the following new subsection:
       ``(g) The Commission shall promulgate rules to prohibit 
     devices or arrangements which have the purpose or effect of 
     undermining or evading the provisions of this Act restricting 
     the use of non-Federal money to affect Federal elections.''.
                        TITLE VII--MISCELLANEOUS

     SEC. 701. PROHIBITION OF LEADERSHIP COMMITTEES.

       Section 302(e) of FECA (2 U.S.C. 432(e)) is amended--
       (1) by amending paragraph (3) to read as follows:
       ``(3) No political committee that supports or has supported 
     more than one candidate may be designated as an authorized 
     committee, except that--
       ``(A) a candidate for the office of President nominated by 
     a political party may designate the national committee of 
     such political party as the candidate's principal campaign 
     committee, but only if that national committee maintains 
     separate books of account with respect to its functions as a 
     principal campaign committee; and
       ``(B) a candidate may designate a political committee 
     established solely for the purpose of joint fundraising by 
     such candidates as an authorized committee.''; and
       (2) by adding at the end the following new paragraph:
       ``(6)(A) A candidate for Federal office or any individual 
     holding Federal office may not establish, maintain, or 
     control any political committee other than a principal 
     campaign committee of the candidate, authorized committee, 
     party committee, or other political committee designated in 
     accordance with paragraph (3). A candidate for more than one 
     Federal office may designate a separate principal campaign 
     committee for each Federal office.
       ``(B) For one year after the effective date of this 
     paragraph, any such political committee may continue to make 
     contributions. At the end of that period such political 
     committee shall disburse all funds by one or more of the 
     following means: making contributions to an entity qualified 
     under section 501(c)(3) of the Internal Revenue Code of 1986; 
     making a contribution to the treasury of the United States; 
     contributing to the national, State or local committees of a 
     political party; or making contributions not to exceed $1,000 
     to candidates for elective office.''.

     SEC. 702. POLLING DATA CONTRIBUTED TO CANDIDATES.

       Section 301(8) of FECA (2 U.S.C. 431(8)), as amended by 
     section 314(b), is amended by inserting at the end the 
     following new subparagraph:
       ``(D) A contribution of polling data to a candidate shall 
     be valued at the fair market value of the data on the date 
     the poll was completed, depreciated at a rate not more than 1 
     percent per day from such date to the date on which the 
     contribution was made.''.

     SEC. 703. SENSE OF THE SENATE THAT CONGRESS SHOULD CONSIDER 
                   ADOPTION OF A JOINT RESOLUTION PROPOSING AN 
                   AMENDMENT TO THE CONSTITUTION THAT WOULD 
                   EMPOWER CONGRESS AND THE STATES TO SET 
                   REASONABLE LIMITS ON CAMPAIGN EXPENDITURES.

       It is the sense of the Senate that Congress should consider 
     adoption of a joint resolution proposing an amendment to the 
     Constitution that would--
       (1) empower Congress to set reasonable limits on campaign 
     expenditures by, in support of, or in opposition to any 
     candidate in any primary, general, or other election for 
     Federal office; and
       (2) empower the States to set reasonable limits on campaign 
     expenditures by, in support of, or in opposition to any 
     candidate in any primary, general, or other election for 
     State or local office.

     SEC. 704. PERSONAL USE OF CAMPAIGN FUNDS.

       Section 313 of FECA (2 U.S.C. 439a) is amended--
       (1) by inserting ``(a)'' before ``Amounts''; and
       (2) by adding at the end the following new subsection:
       ``(b) For the purposes of this section, the term `personal 
     use' means the use of funds in a campaign account of a 
     present or former candidate to fulfill a commitment, 
     obligation, or expense of any person that would exist 
     irrespective of the candidate's campaign or duties as a 
     holder of Federal office.''.
              TITLE VIII--EFFECTIVE DATES; AUTHORIZATIONS

     SEC. 801. EFFECTIVE DATE.

       Except as otherwise provided in this Act, the amendments 
     made by, and the provisions of, this Act shall take effect on 
     the date of the enactment of this Act but shall not apply 
     with respect to activities in connection with any election 
     occurring before January 1, 1996.

     SEC. 802. SEVERABILITY.

       Except as provided in sections 101(c) and 121(b), if any 
     provision of this Act (including any amendment made by this 
     Act), or the application of any such provision to any person 
     or circumstance, is held invalid, the validity of any other 
     provision of this Act, or the application of such provision 
     to other persons and circumstances, shall not be affected 
     thereby.

     SEC. 803. EXPEDITED REVIEW OF CONSTITUTIONAL ISSUES.

       (a) Direct Appeal to Supreme Court.--An appeal may be taken 
     directly to the Supreme Court of the United States from any 
     interlocutory order or final judgment, decree, or order 
     issued by any court ruling on the constitutionality of any 
     provision of this Act or amendment made by this Act.
       (b) Acceptance and Expedition.--The Supreme Court shall, if 
     it has not previously ruled on the question addressed in the 
     ruling below, accept jurisdiction over, advance on the 
     docket, and expedite the appeal to the greatest extent 
     possible.
                                 ______


                       GRAHAM AMENDMENT NO. 4095

  (Ordered to lie on the table.)
  Mr. GRAHAM submitted an amendment intended to be proposed by him to 
the bill, S. 1219, supra; as follows:

       On page 18, strike lines 2 through 25 and insert the 
     following:
       (a) Broadcast Rates.--Section 315(b) of the Communications 
     Act of 1934 (47 U.S.C. 315(b)) is amended to read as follows:
       ``(b) Broadcast Rates.--
       ``(1) Definitions.--In this subsection, the term `eligible 
     candidate' means--
       ``(A) an eligible Senate candidate (within the meaning of 
     section 501 of the Federal Election Campaign Act of 1971); 
     and
       ``(B) a candidate for State or local office who undertakes 
     to abide by reasonable spending limits established under 
     State law.
       ``(2) Maximum charges.--The charge made for the use of a 
     broadcasting station by an eligible candidate in connection 
     with the candidate's campaign for nomination for election, or 
     election, to public office shall not exceed--
       ``(A) during the 30 days preceding the date of a primary or 
     primary runoff election and during the 60 days preceding the 
     date of a general or special election in which the candidate 
     is a candidate, a charge equal to 50 percent of the lowest 
     charge of the station for the same amount of time for the 
     same period on the same date; and
       ``(B) at any other time, the charge made for comparable use 
     of such station by other users of the station.''.
                                 ______


                   BINGAMAN AMENDMENTS NOS. 4096-4097

  (Ordered to lie on the table.)
  Mr. BINGAMAN submitted two amendments intended to be proposed by him 
to the bill, S. 1219, supra; as follows:

                           Amendment No. 4096

       At the appropriate place in title III, insert the 
     following:

     SEC. 3____. BROADCAST REFERENCES TO OTHER CANDIDATES.

       Section 315 of the Communications Act of 1934 (47 U.S.C. 
     315) (as amended by section 103) is amended--
       (1) in subsection (b)--
       (A) in paragraph (1)(A), by inserting ``subject to 
     paragraph (2),'' before ``during the forty-five days''; and
       (B) by adding at the end the following:
       ``(3) Reference by a candidate to another candidate.--
       ``(A) Requirement.--To be eligible to receive the broadcast 
     media rates under paragraph (1)(A), if a legally qualified 
     candidate for an office (or the authorized committee of such 
     a candidate), using the rights and conditions of access under 
     this Act, refers, directly or indirectly, to another legally 
     qualified candidate for that office, the reference shall be 
     made in person by the legally qualified candidate.
       ``(B) Failure to comply.--If a legally qualified candidate 
     fails to comply with subparagraph (A), the legally qualified 
     candidate shall be ineligible for the media rates under 
     paragraph (1)(A) for the remainder of the 45-day period (for 
     a primary or primary runoff election) or the 60-day period 
     (for a general or special election) described in paragraph 
     (1)(A).''; and
       (2) in subsection (f)--
       (A) by redesignating paragraphs (1), (2), (3), (4), and (5) 
     as paragraphs (2), (3), (4), (5), and (7), respectively;
       (B) by inserting before paragraph (2) (as redesignated) the 
     following:
       ``(1) the term `authorized committee' means, with respect 
     to a candidate for nomination for election, or election, to a 
     Federal elective office, a committee, club, association, or 
     other group of persons that receives contributions or makes 
     expenditure during a calendar year in an aggregate amount 
     exceeding $1,000 and that is authorized by the candidate to 
     accept contributions or make expenditures on behalf of the 
     candidate to further the nomination or election of the 
     candidate'';
       (C) in paragraph (5) (as redesignated) by striking ``and'' 
     at the end; and
       (D) by inserting after paragraph (5) (as redesignated) the 
     following:
       ``(6) the term `person'--
       ``(A) includes an individual, partnership, committee, 
     association, corporation, or other organization or group of 
     persons; but
       ``(B) does not include a legally qualified candidate for 
     any Federal elective office of an authorized committee of any 
     such candidate; and''.
                                                                    ____


                           Amendment No. 4097

       At the appropriate place in title III, insert the 
     following:

     SEC. 3____. EQUAL BROADCAST TIME.

       Section 315(a) of the Communications Act of 1934 (47 U.S.C. 
     315(a)) is amended--

[[Page S6738]]

       (1) by striking ``(a) If any licensee shall permit any 
     person who is a legally qualified candidate'' and inserting 
     the following:
       ``(a) Equal Opportunities To Respond.--
       ``(1) Responses to opposing candidates.--If a licensee 
     permits a legally qualified candidate'';
       (2) by redesignating paragraphs (1) through (4) as clauses 
     (i) through (iv), respectively;
       (3) by striking ``station:'' and inserting ``station.'';
       (4) by inserting after ``station.'' the following:
       ``(2) Response to other persons.--If a licensee permits any 
     person to use a broadcasting station to broadcast material 
     that endorses a legally qualified candidate for any Federal 
     office or opposes a legally qualified candidate for that 
     office, the licensee shall, within a reasonable period of 
     time, provide at no charge to any legally qualified candidate 
     opposing the candidate endorsed (or to an authorized 
     committee of the candidate), or any legally qualified 
     candidate who was so opposed (or to an authorized committee 
     of the candidate), the same amount of time on the 
     broadcasting station, during the same period of the day.'';
       (5) by striking ``Provided, That such licensee'' and 
     inserting the following:
       ``(3) No censorship.--A licensee'';
       (6) by striking ``No obligation'' and inserting the 
     following:
       ``(4) No obligation.--No obligation'';
       (7) by striking ``Appearance'' and inserting the following:
       ``(5) News broadcasts.--
       ``(A) In general.--Appearance''; and
       (8) by striking ``Nothing in the foregoing sentence'' and 
     inserting the following:
       ``(B) Public interest.--Subparagraph (A)''.
                                 ______


                      MURKOWSKI AMENDMENT NO. 4098

  (Ordered to lie on the table.)
  Mr. MURKOWSKI submitted an amendment intended to be proposed by him 
to the bill, S. 1219, supra; as follows:

       At the appropriate place, insert the following:

     SEC. ____. BAN ON ACCEPTANCE OF TRANSPORTATION AND LODGING IN 
                   CONNECTION WITH POLITICAL FUNDRAISERS IN THE 
                   SENATE.

       For purposes of the Senate rule limiting Members and 
     employees of the Senate from receiving gifts (including 
     transportation and lodging), the acceptance of transportation 
     and lodging paid for by a sponsor in connection with a 
     political event raising funds for candidates for elective 
     office shall be considered a gift prohibited by such rule.
                                 ______


                        SNOWE AMENDMENT NO. 4099

  (Ordered to lie on the table.)
  Ms. SNOWE submitted an amendment intended to be proposed by her to 
the bill, S. 1219, supra; as follows:

       At the end of title III, insert:

     SEC. ____. SENSE OF SENATE REGARDING TAX CREDIT FOR LOCAL 
                   CAMPAIGN CONTRIBUTIONS.

       (a) Findings.--The Senate finds that--
       (1) the Tax Reform Act of 1986 repealed an existing tax 
     provision providing for a $50 credit ($100 for joint returns) 
     for individual contributions to political campaigns and 
     certain political campaign organizations;
       (2) in the intervening ten years, public confidence in the 
     integrity of funding congressional campaigns in the United 
     States has eroded;
       (3) the American public perceives that there is a 
     substantial reliance on political action committees (PACs) in 
     Federal campaigns and that special interest funding of 
     campaigns is undermining the democratic process;
       (4) the American public is concerned that fundraising 
     pressures may lead candidates to tailor their appeals to the 
     most affluent and narrowly interested sectors of society, 
     raising questions about the resulting quality of 
     representation of other elements of society;
       (5) the growth in PAC importance relative to other funding 
     sources--including individuals giving directly to 
     candidates--is clear, given that 27 percent of House and 
     Senate candidates' receipts came from PACs in 1994 (up from 
     15.7 percent in 1974) and that in 1994, House candidates got 
     35 percent of their funds from PACs, and House incumbents 
     received 46 percent;
       (6) while citizens with common interests should be able to 
     pool their resources in exercising their rights of free 
     speech and association, and interest groups have an 
     appropriate role to play, they should not be allowed to 
     play a greater role relative to other sectors, 
     particularly small individual contributors to local 
     candidates, and therefore, the role of PACs should be 
     reduced, and the role of small individual contributors to 
     local candidates should be increased; and
       (7) faith in our electoral system must be restored, and all 
     individuals must feel that they have a voice in the process, 
     and this can best be accomplished by encouraging small, 
     individual contributors to become a more important part of 
     the process through support of candidates seeking to 
     represent them in Congress.
       (b) Sense of the Senate.--It is the sense of the Senate 
     that--
       (1) the Congress and the President should include, as part 
     of any campaign finance reform legislation, provisions which 
     would allow individuals a credit against Federal taxes for 
     contributions during the taxable year to Senate and House of 
     Representatives candidates within the political jurisdiction 
     in which the individual's principal residence is located; and
       (2) the maximum credit should not exceed $100 for an 
     individual for a taxable year ($200 in the case of a joint 
     return).
                                 ______


                  WELLSTONE AMENDMENTS NOS. 4100-4101

  (Ordered to lie on the table.)
  Mr. WELLSTONE submitted two amendments intended to be proposed by him 
to the bill, S. 1219, supra; as follows:

                           Amendment No. 4100

       On page 12, beginning on line 1, strike ``the lesser'' and 
     all that follows through line 5 and insert ``$25,000''.

                           Amendment No. 4101

       Beginning on page 14, strike line 14 and all that follows 
     through page 30, line 14, and insert the following:
       ``(d) Exceptions for Complying Candidates Running Against 
     Noncomplying Candidates.--
       ``(1) Response to fundraising and spending by noneligible 
     senate candidates.--
       ``(A) 75 percent of spending limit.--
       ``(i) In general.--If any opponent of an eligible Senate 
     candidate is a noneligible candidate who--

       ``(I) has received contributions; or
       ``(II) has made expenditures from a source described in 
     subsection (a);

       in an aggregate amount equal to 75 percent of the general 
     election expenditure limit, primary election expenditure 
     limit, or runoff election expenditure limit applicable to the 
     eligible Senate candidate, the eligible Senate candidate 
     shall be entitled to the benefits described in clause (ii).
       ``(ii) Benefit.--An eligible Senate candidate shall be 
     entitled under clause (i) to--

       ``(I) mail an additional number of pieces of mail under 
     section 3626(e) of title 39, United States Code, equal to the 
     number of individuals in the voting age population (as 
     certified under section 315(e)) of the candidate's State; and
       ``(II) receive an additional 10 minutes of free broadcast 
     time under section 315(c) of the Communications Act of 1934.

       ``(B) 100 percent of spending limit.--
       ``(i) In general.--If any opponent of an eligible Senate 
     candidate is a noneligible candidate who--

       ``(I) has received contributions; or
       ``(II) has made expenditures from a source described in 
     subsection (a);

       in an aggregate amount equal to 100 percent of the general 
     election expenditure limit, primary election expenditure 
     limit, or runoff election expenditure limit applicable to the 
     eligible Senate candidate, the eligible Senate candidate 
     shall be entitled to the benefits described in clause (ii).
       ``(ii) Benefits.--An eligible Senate candidate shall be 
     entitled under clause (i) to--

       ``(I) mail an additional number of pieces of mail under 
     section 3626(e) of title 39, United States Code, equal to the 
     number of individuals in the voting age population (as 
     certified under section 315(e)) of the candidate's State; and
       ``(II) receive an additional 10 minutes of free broadcast 
     time under section 315(c) of the Communications Act of 1934.

       ``(C) 133 percent of spending limit.--
       ``(i) In general.--If any opponent of an eligible Senate 
     candidate is a noneligible candidate who--

       ``(I) has received contributions; or
       ``(II) has made expenditures from a source described in 
     subsection (a);

       in an aggregate amount equal to 133 percent of the general 
     election expenditure limit, primary election expenditure 
     limit, or runoff election expenditure limit applicable to the 
     eligible Senate candidate, the eligible Senate candidate 
     shall be entitled to the benefit described in clause (ii).
       ``(ii) Benefit.--An eligible Senate candidate shall be 
     entitled under clause (i) to receive an additional 10 minutes 
     of free broadcast time under section 315(c) of the 
     Communications Act of 1934.
       ``(2) Revocation of eligibility of opponent.--If the status 
     of eligible Senate candidate of any opponent of an eligible 
     Senate candidate is revoked under section 505(a), the general 
     election expenditure limit applicable to the eligible Senate 
     candidate shall be increased by 20 percent.
       ``(e) Expenditures in Response to Independent 
     Expenditures.--If an eligible Senate candidate is notified by 
     the Commission under section 304(c)(4) that independent 
     expenditures totaling $10,000 or more have been made in the 
     same election in favor of another candidate or against the 
     eligible candidate, the eligible candidate shall be permitted 
     to spend an amount equal to the amount of the independent 
     expenditures, and any such expenditures shall not be subject 
     to any limit applicable under this title to the eligible 
     candidate for the election.

     ``SEC. 503. BENEFITS THAT ELIGIBLE CANDIDATES ARE ENTITLED TO 
                   RECEIVE.

       ``An eligible Senate candidate shall be entitled to 
     receive--
       ``(1) the broadcast media rates provided under section 
     315(b) of the Communications Act of 1934;

[[Page S6739]]

       ``(2) the free broadcast time provided under section 315(c) 
     of the Communications Act of 1934; and
       ``(3) the reduced postage rates provided in section 3626(e) 
     of title 39, United States Code.

     ``SEC. 504. CERTIFICATION BY COMMISSION.

       ``(a) In General.--Not later than 48 hours after an 
     eligible candidate qualifies for a general election ballot, 
     the Commission shall certify the candidate's eligibility for 
     free broadcast time under section 315(c) of the 
     Communications Act of 1934. The Commission shall revoke the 
     certification if the Commission determines that a candidate 
     fails to continue to meet the requirements of this title.
       ``(b) Determinations by Commission.--A determination 
     (including a certification under subsection (a)) made by the 
     Commission under this title shall be final, except to the 
     extent that the determination is subject to examination and 
     audit by the Commission under section 505.

     ``SEC. 505. REVOCATION; MISUSE OF BENEFITS.

       ``(a) Revocation of Status.--
       ``(1) In general.--If the Commission determines that any 
     eligible Senate candidate--
       ``(A) has received contributions in excess of 110 percent 
     of--
       ``(i) the applicable primary election limit under this 
     title;
       ``(ii) the applicable general election limit under this 
     title; or
       ``(iii) the limitation on contributions from out-of-State 
     residents under section 501(f); or
       ``(B) has expended personal funds in excess of 110 percent 
     of the limit under section 502(a),

       the Commission shall revoke the certification of the 
     candidate as an eligible Senate candidate and notify the 
     candidate of the revocation.
       ``(2) Payment of value of benefits.--On receipt of 
     notification of revocation of eligibility under paragraph 
     (1), a candidate--
       ``(A) shall pay an amount equal to the value of the 
     benefits received under this title; and
       ``(B) shall be ineligible for benefits available under 
     section 315(b) of the Communications Act of 1934 (47 U.S.C. 
     315(b)) for the duration of the election cycle.
       ``(b) Misuse of Benefits.--If the Commission determines 
     that any benefit made available to an eligible Senate 
     candidate under this title was not used as provided for in 
     this title or that a candidate has violated any of the 
     spending limits contained in this Act, the Commission shall 
     so notify the candidate, and the candidate shall pay an 
     amount equal to the value of the benefit.''.
       (b) Transition Period.--Expenditures made before January 1, 
     1997, shall not be counted as expenditures for purposes of 
     the limitations contained in the amendment made by subsection 
     (a).

     SEC. 102. FREE BROADCAST TIME.

       (a) In General.--Section 315 of the Communications Act of 
     1934 (47 U.S.C. 315) is amended--
       (1) in the third sentence of subsection (a) by striking 
     ``within the meaning of this subsection'' and inserting 
     ``within the meaning of this subsection and subsection (c)'';
       (2) by redesignating subsections (c) and (d) as subsections 
     (d) and (e), respectively;
       (3) by inserting after subsection (b) the following:
       ``(c) Free Broadcast Time.--
       ``(1) In general.--Except as provided in paragraph (3), 
     each eligible Senate candidate who has qualified for the 
     general election ballot as a candidate of a major or minor 
     party shall be entitled to receive from broadcasting stations 
     within the candidate's State or an adjacent State a total 
     of--
       ``(A) 30 minutes of free broadcast time; plus
       ``(B) such additional free broadcast time as the eligible 
     Senate candidate may be entitled to under section 502(d) of 
     the Federal Election Campaign Act of 1971.
       ``(2) Time.--
       ``(A) Prime time.--Unless a candidate elects otherwise, the 
     broadcast time made available under this subsection shall be 
     between 6:00 p.m. and 10:00 p.m. on any day that falls on 
     Monday through Friday.
       ``(B) Length of broadcast.--Except as otherwise provided in 
     this Act, a candidate may use such time as the candidate 
     elects, but time may not be used in lengths of less than 30 
     seconds or more than 5 minutes.
       ``(C) Maximum required of any one station.--A candidate may 
     not request that more than 15 minutes of free broadcast time 
     be aired by any one broadcasting station.
       ``(3) More than 2 candidates.--In the case of an election 
     among more than 2 candidates described in paragraph (1), only 
     60 minutes of broadcast time shall be available for all such 
     candidates, and broadcast time shall be allocated as follows:
       ``(A) Minor party candidates.--The amount of broadcast time 
     that shall be provided to the candidate of a minor party 
     shall be equal to 60 minutes multiplied by the percentage of 
     the number of popular votes received by the candidate of that 
     party in the preceding general election for the Senate in the 
     State (or if subsection (e)(4)(B) applies, the percentage 
     determined under that subsection).
       ``(B) Major party candidates.--The amount of broadcast time 
     remaining after assignment of broadcast time to minor party 
     candidates under clause (i) shall be allocated equally 
     between the major party candidates.
       ``(4) Only 1 candidate.--In the case of an election in 
     which only 1 candidate qualifies to be on the general 
     election ballot, no time shall be required to be provided by 
     a broadcasting station under this subsection.
       ``(5) Exemption.--The Federal Election Commission shall by 
     regulation exempt from the requirements of this subsection--
       ``(A) a licensee the signal of which is broadcast 
     substantially nationwide; and
       ``(B) a licensee that establishes that the requirements of 
     this subsection would impose a significant economic hardship 
     on the licensee.''; and
       (4) in subsection (d) (as redesignated by paragraph (2))--
       (A) by striking ``and'' at the end of paragraph (1);
       (B) by redesignating paragraph (2) as paragraph (3); and
       (C) by inserting after paragraph (1) the following:
       ``(2) the term `eligible Senate candidate' means an 
     eligible Senate candidate (within the meaning of section 
     501(a) of the Federal Election Campaign Act of 1971)'';
       (D) by striking the period at the end of paragraph (3) (as 
     redesignated by subparagraph (B)) and inserting a semicolon; 
     and
       (E) by adding at the end the following:
       ``(4) the term `major party' means, with respect to an 
     election for the United States Senate in a State, a political 
     party whose candidate for the United States Senate in the 
     preceding general election for the Senate in that State 
     received, as a candidate of that party, 25 percent or more of 
     the number of popular votes received by all candidates for 
     the Senate;
       ``(5) the term `minor party' means, with respect to an 
     election for the United States Senate in a State, a political 
     party--
       ``(A) whose candidate for the United States Senate in the 
     preceding general election for the Senate in that State 
     received 5 percent or more but less than 25 percent of the 
     number of popular votes received by all candidates for the 
     Senate; or
       ``(B) whose candidate for the United States Senate in the 
     current general election for the Senate in that State has 
     obtained the signatures of at least 5 percent of the State's 
     registered voters, as determined by the chief voter 
     registration official of the State, in support of a petition 
     for an allocation of free broadcast time under this 
     subsection; and
       ``(6) the term `Senate election cycle' means, with respect 
     to an election to a seat in the United States Senate, the 6-
     year period ending on the date of the general election for 
     that seat.''.
       (b) Jurisdiction Over Challenges to Broadcast Media Rates 
     and Free Broadcast Time.--
       (1) In general.--The United States Court of Federal Claims 
     shall have exclusive jurisdiction over any action challenging 
     the constitutionality of the broadcast media rates and free 
     broadcast time required to be offered to political candidates 
     under section 503 of the Federal Election Campaign Act of 
     1971 and section 315 of the Communications Act of 1934.
       (2) Remedy.--Money damages shall be the sole and exclusive 
     remedy in an action under paragraph (1), and only an 
     individual or entity that suffers actual financial injury 
     shall have standing to maintain such an action.
       (c) Effective Date.--The amendments made by this section 
     shall take effect on January 1, 1997.

     SEC. 103. BROADCAST RATES AND PREEMPTION.

       (a) Broadcast Rates.--Section 315 of the Communications Act 
     of 1934 (47 U.S.C. 315) is amended by striking subsection (b) 
     and inserting the following:
       ``(b) Broadcast Media Rates.--
       ``(1) In general.--Except as provided in paragraph (2), the 
     charges made for the use of a broadcasting station by a 
     person who is a legally qualified candidate for public office 
     in connection with the person's campaign for nomination for 
     election, or election, to public office shall not exceed the 
     charges made for comparable use of the station by other users 
     of the station.
       ``(2) Eligible senate candidates.--In the case of an 
     eligible Senate candidate (within the meaning of section 
     501(a) of the Federal Election Campaign Act), the charges for 
     the use of a television broadcasting station during the 30-
     day period and 60-day period referred to in paragraph (1)(A) 
     shall not exceed 50 percent of the lowest charge described in 
     paragraph (1)(A).''.
       (b) Preemption; Access.--Section 315 of the Communications 
     Act of 1934 (47 U.S.C. 315), as amended by section 102(a), is 
     amended--
       (1) by redesignating subsections (d) and (e) (as 
     redesignated by section 102(a)(2)), as subsections (e) and 
     (f), respectively; and
       (2) by inserting after subsection (c) the following:
       ``(d) Preemption.--
       ``(1) In general.--Except as provided in paragraph (2), a 
     licensee shall not preempt the use, during any period 
     specified in subsection (b)(1)(A), of a broadcasting station 
     by an eligible Senate candidate who has purchased and paid 
     for such use pursuant to subsection (b)(2).
       ``(2) Circumstances beyond control of licensee.--If a 
     program to be broadcast by a broadcasting station is 
     preempted because of circumstances beyond the control of the 
     broadcasting station, any candidate advertising spot 
     scheduled to be broadcast during that program may also be 
     preempted.''.
       (c) Revocation of License for Failure To Permit Access.--
     Section 312(a)(7) of the Communications Act of 1934 (47 
     U.S.C. 312(a)(7)) is amended--
       (1) by striking ``or repeated'';
       (2) by inserting ``or cable system'' after ``broadcasting 
     station''; and
       (3) by striking ``his candidacy'' and inserting ``the 
     candidacy of the candidate, under

[[Page S6740]]

     the same terms, conditions, and business practices as apply 
     to the most favored advertiser of the licensee''.
       (d) Effective Date.--The amendments made by this section 
     shall take effect on January 1, 1997.

     SEC. 104. REDUCED POSTAGE RATES.

       (a) In General.--Section 3626(e) of title 39, United States 
     Code, is amended--
       (1) in paragraph (2)--
       (A) in subparagraph (A)--
       (i) by striking ``and the National'' and inserting ``the 
     National''; and
       (ii) by inserting before the semicolon the following: ``, 
     and, subject to paragraph (3), the principal campaign 
     committee of an eligible Senate candidate;'';
       (B) in subparagraph (B), by striking ``and'' after the 
     semicolon;
       (C) in subparagraph (C), by striking the period and 
     inserting a semicolon; and
       (D) by adding at the end the following:
       ``(D) the term `principal campaign committee' has the 
     meaning stated in section 301 of the Federal Election 
     Campaign Act of 1971; and
       ``(E) the term `eligible Senate candidate' means an 
     eligible Senate candidate (within the meaning of section 
     501(a) of the Federal Election Campaign Act of 1971).''; and
       (2) by adding after paragraph (2) the following:
       ``(3) The rate made available under this subsection with 
     respect to an eligible Senate candidate shall apply only to 
     the number of pieces of mail that is equal to--
       ``(A) 2 times the number of individuals in the voting age 
     population (as certified under section 315(e) of the Federal 
     Election Campaign Act of 1971) of the candidate's State; plus
       ``(B) such additional number as the eligible Senate 
     candidate may be entitled to mail under section 502(d) of the 
     Federal Election Campaign Act of 1971.''.
       (b) Effective Date.--The amendments made by this section 
     shall take effect on January 1, 1997.
                                 ______


                  FEINSTEIN AMENDMENTS NOS. 4102-4103

  (Ordered to lie on the table.)
  Mrs. FEINSTEIN submitted two amendments intended to be proposed by 
her to the bill, S. 1219, supra; as follows:

                           Amendment No. 4102

       Strike all after the enacting clause and insert the 
     following:

     SECTION 1. SHORT TITLE.

       This Act may be cited as the ``Senate Campaign Spending 
     Limit and Election Reform Act of 1995''.

     SEC. 2. AMENDMENT OF CAMPAIGN ACT; TABLE OF CONTENTS.

       (a) Amendment of FECA.--When used in this Act, the term 
     ``FECA'' means the Federal Election Campaign Act of 1971 (2 
     U.S.C. 431 et seq.).
       (b) Table of Contents.--The table of contents of this Act 
     is as follows:

Sec. 1. Short title.
Sec. 2. Amendment of Campaign Act; table of contents.

         TITLE I--SENATE ELECTION SPENDING LIMITS AND BENEFITS

Sec. 101. Senate election spending limits and benefits.
Sec. 102. Transition provisions.
Sec. 103. Free broadcast time.
Sec. 104. Broadcast rates and preemption.
Sec. 105. Reduced postage rates.

           TITLE II--REDUCTION OF SPECIAL INTEREST INFLUENCE

  Subtitle A--Elimination of Political Action Committees From Federal 
                          Election Activities

Sec. 201. Ban on activities of political action committees in Federal 
              elections.

                       Subtitle B--Contributions

Sec. 211. Contributions through intermediaries and conduits.

          Subtitle C--Additional Prohibitions on Contributions

Sec. 221. Allowable contributions for complying candidates.

                  TITLE III--MISCELLANEOUS PROVISIONS

Sec. 301. Candidate expenditures from personal funds.
Sec. 302. Restrictions on use of campaign funds for personal purposes.
Sec. 303. Campaign advertising amendments.
Sec. 304. Filing of reports using computers and facsimile machines.
Sec. 305. Audits.
Sec. 306. Limit on congressional use of the franking privilege.
Sec. 307. Authority to seek injunction.
Sec. 308. Severability.
Sec. 309. Expedited review of constitutional issues.
Sec. 310. Reporting requirements.
Sec. 311. Regulations.
Sec. 312. Effective date.
         TITLE I--SENATE ELECTION SPENDING LIMITS AND BENEFITS

     SEC. 101. SENATE ELECTION SPENDING LIMITS AND BENEFITS.

       FECA is amended by adding at the end the following new 
     title:
 ``TITLE V--SPENDING LIMITS AND BENEFITS FOR SENATE ELECTION CAMPAIGNS

     ``SEC. 501. CANDIDATES ELIGIBLE TO RECEIVE BENEFITS.

       ``(a) In General.--For purposes of this title, a candidate 
     is an eligible Senate candidate if the candidate--
       ``(1) meets the primary and general election filing 
     requirements of subsections (c) and (d);
       ``(2) meets the primary and runoff election expenditure 
     limits of subsection (b);
       ``(3) meets the threshold contribution requirements of 
     subsection (e); and
       ``(4) does not exceed the limitation on expenditures from 
     personal funds under section 502(a).
       ``(b) Primary and Runoff Expenditure Limits.--
       ``(1) In general.--The requirements of this subsection are 
     met if--
       ``(A) the candidate or the candidate's authorized 
     committees did not make expenditures for the primary election 
     in excess of the lesser of--
       ``(i) 67 percent of the general election expenditure limit 
     under section 502(b); or
       ``(ii) $2,750,000; and
       ``(B) the candidate and the candidate's authorized 
     committees did not make expenditures for any runoff election 
     in excess of 20 percent of the general election expenditure 
     limit under section 502(b).
       ``(2) Indexing.--The $2,750,000 amount under paragraph 
     (1)(A)(ii) shall be increased as of the beginning of each 
     calendar year based on the increase in the price index 
     determined under section 315(c), except that the base period 
     shall be calendar year 1995.
       ``(3) Increase based on expenditures of opponent.--The 
     limitations under paragraph (1) with respect to any candidate 
     shall be increased by the aggregate amount of independent 
     expenditures in opposition to, or on behalf of any opponent 
     of, such candidate during the primary or runoff election 
     period, whichever is applicable, that are required to be 
     reported to the Secretary of the Senate with respect to such 
     period under section 304(c).
       ``(c) Primary Filing Requirements.--
       ``(1) In general.--The requirements of this subsection are 
     met if the candidate files with the Secretary of the Senate a 
     certification that--
       ``(A) the candidate and the candidate's authorized 
     committees--
       ``(i) will meet the primary and runoff election expenditure 
     limits of subsection (b); and
       ``(ii) will only accept contributions for the primary and 
     runoff elections which do not exceed such limits;
       ``(B) the candidate and the candidate's authorized 
     committees will meet the limitation on expenditures from 
     personal funds under section 502(a); and
       ``(C) the candidate and the candidate's authorized 
     committees will meet the general election expenditure limit 
     under section 502(b).
       ``(2) Deadline for filing certification.--The certification 
     under paragraph (1) shall be filed not later than the date 
     the candidate files as a candidate for the primary election.
       ``(d) General Election Filing Requirements.--
       ``(1) In general.--The requirements of this subsection are 
     met if the candidate files a certification with the Secretary 
     of the Senate under penalty of perjury that--
       ``(A) the candidate and the candidate's authorized 
     committees--
       ``(i) met the primary and runoff election expenditure 
     limits under subsection (b); and
       ``(ii) did not accept contributions for the primary or 
     runoff election in excess of the primary or runoff 
     expenditure limit under subsection (b), whichever is 
     applicable, reduced by any amounts transferred to this 
     election cycle from a preceding election cycle;
       ``(B) at least one other candidate has qualified for the 
     same general election ballot under the law of the State 
     involved;
       ``(C) the candidate and the authorized committees of the 
     candidate--
       ``(i) except as otherwise provided by this title, will not 
     make expenditures that exceed the general election 
     expenditure limit under section 502(b);
       ``(ii) will not accept any contributions in violation of 
     section 315;
       ``(iii) except as otherwise provided by this title, will 
     not accept any contribution for the general election involved 
     to the extent that such contribution would cause the 
     aggregate amount of contributions to exceed the sum of the 
     amount of the general election expenditure limit under 
     section 502(b), reduced by any amounts transferred to this 
     election cycle from a previous election cycle and not taken 
     into account under subparagraph (A)(ii);
       ``(iv) will furnish campaign records, evidence of 
     contributions, and other appropriate information to the 
     Commission; and
       ``(v) will cooperate in the case of any audit and 
     examination by the Commission; and
       ``(D) the candidate intends to make use of the benefits 
     provided under section 503.
       ``(2) Deadline for filing certification.--The certification 
     under paragraph (1) shall be filed not later than 7 days 
     after the earlier of--
       ``(A) the date the candidate qualifies for the general 
     election ballot under State law; or
       ``(B) if under State law, a primary or runoff election to 
     qualify for the general election ballot occurs after 
     September 1, the date the candidate wins the primary or 
     runoff election.

[[Page S6741]]

       ``(e) Threshold Contribution Requirements.--
       ``(1) In general.--The requirements of this subsection are 
     met if the candidate and the candidate's authorized 
     committees have received allowable contributions during the 
     applicable period in an amount at least equal to the lesser 
     of--
       ``(A) 10 percent of the general election expenditure limit 
     under section 502(b); or
       ``(B) $250,000.
       ``(2) Definitions.--For purposes of this subsection--
       ``(A) the term `allowable contributions' means 
     contributions that are made as gifts of money by an 
     individual pursuant to a written instrument identifying such 
     individual as the contributor; and
       ``(B) the term `applicable period' means--
       ``(i) the period beginning on January 1 of the calendar 
     year preceding the calendar year of the general election 
     involved and ending on the date on which the certification 
     under subsection (c)(2) is filed by the candidate; or
       ``(ii) in the case of a special election for the office of 
     United States Senator, the period beginning on the date the 
     vacancy in such office occurs and ending on the date of the 
     general election.

     ``SEC. 502. LIMITATION ON EXPENDITURES.

       ``(a) Limitation on Use of Personal Funds.--
       ``(1) In general.--The aggregate amount of expenditures 
     that may be made during an election cycle by an eligible 
     Senate candidate or such candidate's authorized committees 
     from the sources described in paragraph (2) shall not exceed 
     the lesser of--
       ``(A) 10 percent of the general election expenditure limit 
     under subsection (b); or
       ``(B) $250,000.
       ``(2) Sources.--A source is described in this subsection if 
     it is--
       ``(A) personal funds of the candidate and members of the 
     candidate's immediate family; or
       ``(B) personal loans incurred by the candidate and members 
     of the candidate's immediate family.
       ``(b) General Election Expenditure Limit.--
       ``(1) In general.--Except as otherwise provided in this 
     title, the aggregate amount of expenditures for a general 
     election by an eligible Senate candidate and the candidate's 
     authorized committees shall not exceed the lesser of--
       ``(A) $5,500,000; or
       ``(B) the greater of--
       ``(i) $950,000; or
       ``(ii) $400,000; plus

       ``(I) 30 cents multiplied by the voting age population not 
     in excess of 4,000,000; and
       ``(II) 25 cents multiplied by the voting age population in 
     excess of 4,000,000.

       ``(2) Exception.--In the case of an eligible Senate 
     candidate in a State that has not more than 1 transmitter for 
     a commercial Very High Frequency (VHF) television station 
     licensed to operate in that State, paragraph (1)(B)(ii) shall 
     be applied by substituting--
       ``(A) `80 cents' for `30 cents' in subclause (I); and
       ``(B) `70 cents' for `25 cents' in subclause (II).
       ``(3) Indexing.--The amount otherwise determined under 
     paragraph (1) for any calendar year shall be increased by the 
     same percentage as the percentage increase for such calendar 
     year under section 501(b)(2).
       ``(4) Increase based on expenditures of opponent.--The 
     limitations under paragraph (1) with respect to any candidate 
     shall be increased by the aggregate amount of independent 
     expenditures in opposition to, or on behalf of any opponent 
     of, such candidate during the primary or runoff election 
     period, whichever is applicable, that are required to be 
     reported to the Secretary of the Senate with respect to such 
     period under section 304(c).
       ``(c) Payment of Taxes.--The limitation under subsection 
     (b) shall not apply to any expenditure for Federal, State, or 
     local taxes with respect to earnings on contributions raised.

     ``SEC. 503. BENEFITS ELIGIBLE CANDIDATES ENTITLED TO RECEIVE.

       ``An eligible Senate candidate shall be entitled to 
     receive--
       ``(1) the broadcast media rates provided under section 
     315(b) of the Communications Act of 1934;
       ``(2) the free broadcast time provided under section 315(c) 
     of such Act; and
       ``(3) the reduced postage rates provided in section 3626(e) 
     of title 39, United States Code.

     ``SEC. 504. CERTIFICATION BY COMMISSION.

       ``(a) In General.--Not later than 48 hours after a 
     candidate qualifies for a general election ballot, the 
     Commission shall certify the candidate's eligibility for free 
     broadcast time under section 315(b)(2) of the Communications 
     Act of 1934. The Commission shall revoke such certification 
     if it determines a candidate fails to continue to meet the 
     requirements of this title.
       ``(b) Determinations by Commission.--All determinations 
     (including certifications under subsection (a)) made by the 
     Commission under this title shall be final, except to the 
     extent that they are subject to examination and audit by the 
     Commission under section 505.

     ``SEC. 505. REPAYMENTS; ADDITIONAL CIVIL PENALTIES.

       ``(a) Excess Payments; Revocation of Status.--If the 
     Commission revokes the certification of a candidate as an 
     eligible Senate candidate under section 504(a), the 
     Commission shall notify the candidate, and the candidate 
     shall pay an amount equal to the value of the benefits 
     received under this title.
       ``(b) Misuse of Benefits.--If the Commission determines 
     that any benefit made available to an eligible Senate 
     candidate under this title was not used as provided for in 
     this title, the Commission shall so notify the candidate and 
     the candidate shall pay an amount equal to the value of such 
     benefit.''.

     SEC. 102. TRANSITION PROVISIONS.

       (a) Expenditures Made Prior to Date of Enactment.--(1) 
     Expenditures made by an eligible Senate candidate on or prior 
     to the date of enactment of this title shall not be counted 
     against the limits specified in section 502 of FECA, as 
     amended by section 101.
       (2) For purposes of this section, the term ``expenditure'' 
     includes any direct or indirect payment or distribution or 
     obligation to make payment or distribution of money.
       (b) Relationship to Other Titles.--The provisions of titles 
     I through IV of the Federal Election Campaign Act of 1971 
     shall remain in effect with respect to Senate election 
     campaigns affected by this title or the amendments made by 
     this title except to the extent that those provisions are 
     inconsistent with this title or the amendments made by this 
     title.

     SEC. 103. FREE BROADCAST TIME.

       (a) In General.--Section 315 of the Communications Act of 
     1934 (47 U.S.C. 315) is amended--
       (1) in subsection (a)--
       (A) by striking ``within the meaning of this subsection'' 
     and inserting ``within the meaning of this subsection and 
     subsection (c)'';
       (B) by redesignating subsections (c) and (d) as subsections 
     (d) and (e), respectively; and
       (C) by inserting immediately after subsection (b) the 
     following new subsection:
       ``(c)(1) An eligible Senate candidate who has qualified for 
     the general election ballot shall be entitled to receive a 
     total of 30 minutes of free broadcast time from broadcasting 
     stations within the State.
       ``(2) Unless a candidate elects otherwise, the broadcast 
     time made available under this subsection shall be between 
     6:00 p.m. and 10:00 p.m. on any day that falls on Monday 
     through Friday.
       ``(3) If--
       ``(A) a licensee's audience with respect to any 
     broadcasting station is measured or rated by a recognized 
     media rating service in more than 1 State; and
       ``(B) during the period beginning on the first day 
     following the date of the last general election and ending on 
     the date of the next general election there is an election to 
     the United States Senate in more than 1 of such States,

     the 30 minutes of broadcast time under this subsection shall 
     be allocated equally among the States described in 
     subparagraph (B).
       ``(4)(A) In the case of an election among more than 2 
     candidates, the broadcast time provided under paragraph (1) 
     shall be allocated as follows:
       ``(i) The amount of broadcast time that shall be provided 
     to the candidate of a minor party shall be equal to the 
     number of minutes allocable to the State multiplied by the 
     percentage of the number of popular votes received by the 
     candidate of that party in the preceding general election for 
     the Senate in the State (or if subsection (d)(4)(B) applies, 
     the percentage determined under such subsection).
       ``(ii) The amount of broadcast time remaining after 
     assignment of broadcast time to minor party candidates under 
     clause (i) shall be allocated equally between the major party 
     candidates.
       ``(B) In the case of an election where only 1 candidate 
     qualifies to be on the general election ballot, no time shall 
     be required to be provided by a licensee under this 
     subsection.
       ``(5) The Federal Election Commission shall by regulation 
     exempt from the requirements of this subsection--
       ``(A) a licensee whose signal is broadcast substantially 
     nationwide; and
       ``(B) a licensee that establishes that such requirements 
     would impose a significant economic hardship on the 
     licensee.''; and
       (2) in subsection (d), as redesignated--
       (A) by striking ``and'' at the end of paragraph (1);
       (B) by striking the period at the end of paragraph (2) and 
     inserting a semicolon; and
       (C) by adding at the end the following new paragraphs:
       ``(3) the term `major party' means, with respect to an 
     election for the United States Senate in a State, a political 
     party whose candidate for the United States Senate in the 
     preceding general election for the Senate in that State 
     received, as a candidate of that party, 25 percent or more of 
     the number of popular votes received by all candidates for 
     the Senate;
       ``(4) the term `minor party' means, with respect to an 
     election for the United States Senate in a State, a political 
     party--
       ``(A) whose candidate for the United States Senate in the 
     preceding general election for the Senate in that State 
     received 5 percent or more but less than 25 percent of the 
     number of popular votes received by all candidates for the 
     Senate; or
       ``(B) whose candidate for the United States Senate in the 
     current general election for the Senate in that State has 
     obtained the signatures of at least 5 percent of the State's 
     registered voters, as determined by the chief voter 
     registration official of the State, in

[[Page S6742]]

     support of a petition for an allocation of free broadcast 
     time under this subsection; and
       ``(5) the term `Senate election cycle' means, with respect 
     to an election to a seat in the United States Senate, the 2-
     year period ending on the date of the general election for 
     that seat.''.
       (b) Effective Date.--The amendments made by this section 
     shall apply to general elections occurring after December 31, 
     1995 (and the election cycles relating thereto).

     SEC. 104. BROADCAST RATES AND PREEMPTION.

       (a) Broadcast Rates.--Section 315(b) of the Communications 
     Act of 1934 (47 U.S.C. 315(b)) is amended--
       (1) by striking ``(b) The changes'' and inserting ``(b)(1) 
     The changes'';
       (2) by redesignating paragraphs (1) and (2) as 
     subparagraphs (A) and (B), respectively;
       (3) in paragraph (1)(A), as redesignated--
       (A) by striking ``forty-five'' and inserting ``30''; and
       (B) by striking ``lowest unit charge of the station for the 
     same class and amount of time for the same period'' and 
     inserting ``lowest charge of the station for the same amount 
     of time for the same period on the same date''; and
       (4) by adding at the end the following new paragraph:
       ``(2) In the case of an eligible Senate candidate (as 
     described in section 501(a) of the Federal Election Campaign 
     Act), the charges for the use of a television broadcasting 
     station during the 30-day period and 60-day period referred 
     to in paragraph (1)(A) shall not exceed 50 percent of the 
     lowest charge described in paragraph (1)(A).''.
       (b) Preemption; Access.--Section 315 of such Act (47 U.S.C. 
     315), as amended by section 102(a), is amended--
       (1) by redesignating subsections (d) and (e) as 
     redesignated, as subsections (e) and (f), respectively; and
       (2) by inserting immediately after subsection (c) the 
     following subsection:
       ``(d)(1) Except as provided in paragraph (2), a licensee 
     shall not preempt the use, during any period specified in 
     subsection (b)(1)(A), of a broadcasting station by an 
     eligible Senate candidate who has purchased and paid for such 
     use pursuant to subsection (b)(2).
       ``(2) If a program to be broadcast by a broadcasting 
     station is preempted because of circumstances beyond the 
     control of the broadcasting station, any candidate 
     advertising spot scheduled to be broadcast during that 
     program may also be preempted.''.
       (c) Revocation of License for Failure To Permit Access.--
     Section 312(a)(7) of the Communications Act of 1934 (47 
     U.S.C. 312(a)(7)) is amended--
       (1) by striking ``or repeated'';
       (2) by inserting ``or cable system'' after ``broadcasting 
     station''; and
       (3) by striking ``his candidacy'' and inserting ``the 
     candidacy of such person, under the same terms, conditions, 
     and business practices as apply to its most favored 
     advertiser''.
       (d) Effective Date.--The amendments made by this section 
     shall apply to the general elections occurring after December 
     31, 1995 (and the election cycles relating thereto).

     SEC. 105. REDUCED POSTAGE RATES.

       (a) In General.--Section 3626(e) of title 39, United States 
     Code, is amended--
       (1) in paragraph (2)--
       (A) in subparagraph (A)--
       (i) by striking ``and the National'' and inserting ``the 
     National''; and
       (ii) by inserting before the semicolon the following: ``, 
     and, subject to paragraph (3), the principal campaign 
     committee of an eligible Senate candidate;'';
       (B) in subparagraph (B), by striking ``and'' after the 
     semicolon;
       (C) in subparagraph (C), by striking the period and 
     inserting a semicolon; and
       (D) by adding after subparagraph (C) the following new 
     subparagraphs:
       ``(D) the term `principal campaign committee' has the 
     meaning given such term in section 301 of the Federal 
     Election Campaign Act of 1971; and
       ``(E) the term `eligible Senate candidate' has the meaning 
     given such term in section 501(a) of the Federal Election 
     Campaign Act of 1971.''; and
       (2) by adding after paragraph (2) the following new 
     paragraph:
       ``(3) The rate made available under this subsection with 
     respect to an eligible Senate candidate shall apply only to 
     that number of pieces of mail equal to 2 times the number of 
     individuals in the voting age population (as certified under 
     section 315(e) of such Act) of the State.''.
       (b) Effective Date.--The amendments made by this section 
     shall apply to the general elections occurring after December 
     31, 1995 (and the election cycles relating thereto).
           TITLE II--REDUCTION OF SPECIAL INTEREST INFLUENCE
  Subtitle A--Elimination of Political Action Committees From Federal 
                          Election Activities

     SEC. 201. BAN ON ACTIVITIES OF POLITICAL ACTION COMMITTEES IN 
                   FEDERAL ELECTIONS.

       (a) In General.--Title III of FECA (2 U.S.C. 431 et seq.) 
     is amended by adding at the end the following new section:


  ``BAN ON FEDERAL ELECTION ACTIVITIES BY POLITICAL ACTION COMMITTEES

       ``Sec. 324. Notwithstanding any other provision of this 
     Act, no person other than an individual or a political 
     committee may make contributions, solicit or receive 
     contributions, or make expenditures for the purpose of 
     influencing an election for Federal office.''.
       (b) Definition of Political Committee.--(1) Section 301(4) 
     of FECA (2 U.S.C. 431(4)) is amended to read as follows:
       ``(4) The term `political committee' means--
       ``(A) the principal campaign committee of a candidate;
       ``(B) any national, State, or district committee of a 
     political party, including any subordinate committee thereof;
       ``(C) any local committee of a political party that--
       ``(i) receives contributions aggregating in excess of 
     $5,000 during a calendar year;
       ``(ii) makes payments exempted from the definition of 
     contribution or expenditure under paragraph (8) or (9) 
     aggregating in excess of $5,000 during a calendar year; or
       ``(iii) makes contributions or expenditures aggregating in 
     excess of $1,000 during a calendar year; and
       ``(D) any committee jointly established by a principal 
     campaign committee and any committee described in 
     subparagraph (B) or (C) for the purpose of conducting joint 
     fundraising activities.''.
       (2) Section 316(b)(2) of FECA (2 U.S.C. 441b(b)(2)) is 
     amended--
       (A) by inserting ``or'' after ``subject;'';
       (B) by striking ``and their families; and'' and inserting 
     ``and their families.''; and
       (C) by striking subparagraph (C).
       (c) Candidate's Committees.--(1) Section 315(a) of FECA (2 
     U.S.C. 441a(a)) is amended by adding at the end the following 
     new paragraph:
       ``(9) For the purposes of the limitations provided by 
     paragraphs (1) and (2), any political committee that is 
     established, financed, maintained, or controlled, directly or 
     indirectly, by any candidate or Federal officeholder shall be 
     deemed to be an authorized committee of such candidate or 
     officeholder.''.
       (2) Section 302(e)(3) of FECA (2 U.S.C. 432) is amended to 
     read as follows:
       ``(3) No political committee that supports, or has 
     supported, more than one candidate may be designated as an 
     authorized committee, except that--
       ``(A) a candidate for the office of President nominated by 
     a political party may designate the national committee of 
     such political party as the candidate's principal campaign 
     committee, if that national committee maintains separate 
     books of account with respect to its functions as a principal 
     campaign committee; and
       ``(B) a candidate may designate a political committee 
     established solely for the purpose of joint fundraising by 
     such candidates as an authorized committee.''.
       (d) Rules Applicable When Ban Not in Effect.--(1) For 
     purposes of FECA, during any period beginning after the 
     effective date in which the limitation under section 324 of 
     that Act (as added by subsection (a)) is not in effect--
       (A) the amendments made by subsections (a), (b), and (c) 
     shall not be in effect;
       (B) it shall be unlawful for a multicandidate political 
     committee, intermediary, or conduit (as that term is defined 
     in section 315(a)(8) of FECA, as amended by section 231 of 
     this Act), to make a contribution to a candidate for 
     election, or nomination for election, to Federal office (or 
     an authorized committee) to the extent that the making or 
     accepting of the contribution will cause the amount of 
     contributions received by the candidate and the candidate's 
     authorized committees from multicandidate political 
     committees to exceed 20 percent of the aggregate Federal 
     election spending limits applicable to the candidate for the 
     election cycle; and
       (C) it shall be unlawful for a political committee, 
     intermediary, or conduit, as that term is defined in section 
     315(a)(8) of FECA (as amended by section 231 of this Act), to 
     make a contribution to a candidate for election, or a 
     nomination for an election, to Federal office (or an 
     authorized committee of such candidate) in excess of the 
     amount an individual is allowed to give directly to a 
     candidate or a candidate's authorized committee.
       (2) A candidate or authorized committee that receives a 
     contribution from a multicandidate political committee in 
     excess of the amount allowed under paragraph (1)(B) shall 
     return the amount of such excess contribution to the 
     contributor.
                       Subtitle B--Contributions

     SEC. 211. CONTRIBUTIONS THROUGH INTERMEDIARIES AND CONDUITS.

       Section 315(a)(8) of FECA (2 U.S.C. 441a(a)(8)) is amended 
     to read as follows:
       ``(8) For the purposes of this subsection:
       ``(A) Contributions made by a person, either directly or 
     indirectly, to or on behalf of a particular candidate, 
     including contributions that are in any way earmarked or 
     otherwise directed through an intermediary or conduit to a 
     candidate, shall be treated as contributions from the person 
     to the candidate. If a contribution is made to a candidate 
     through an intermediary or conduit, the intermediary or 
     conduit shall report the original source and the intended 
     recipient of the contribution to the Commission and the 
     intended recipient.
       ``(B) Contributions made directly or indirectly by a person 
     to or on behalf of a particular candidate through an 
     intermediary or conduit, including contributions arranged to 
     be made by an intermediary or conduit, shall be treated as 
     contributions from the intermediary or conduit to the 
     candidate if--
       ``(i) the contributions made through the intermediary or 
     conduit are in the form of a

[[Page S6743]]

     check or other negotiable instrument made payable to the 
     intermediary or conduit rather than the intended recipient; 
     or
       ``(ii) the intermediary or conduit is--

       ``(I) a political committee with a connected organization, 
     a political party, or an officer, employee, or agent of 
     either;

       ``(II) a person whose activities are required to be 
     reported under section 308 of the Federal Regulation of 
     Lobbying Act (2 U.S.C. 267), the Foreign Agents Registration 
     Act of 1938 (22 U.S.C. 611 et seq.), or any successor Federal 
     law requiring a person who is a lobbyist or foreign agent to 
     report the activities of such person;
       ``(III) a person who is prohibited from making 
     contributions under section 316 or a partnership; or
       ``(IV) an officer, employee, or agent of a person described 
     in subclause (II) or (III) acting on behalf of such person.

       ``(C) The term `contributions arranged to be made' 
     includes--
       ``(i)(I) contributions delivered directly or indirectly to 
     a particular candidate or the candidate's authorized 
     committee or agent by the person who facilitated the 
     contribution; and
       ``(II) contributions made directly or indirectly to a 
     particular candidate or the candidate's authorized committee 
     or agent that are provided at a fundraising event sponsored 
     by an intermediary or conduit described in subparagraph (B);
       (D) This paragraph shall not prohibit--
       ``(i) fundraising efforts for the benefit of a candidate 
     that are conducted by another candidate or Federal 
     officeholder; or
       ``(ii) the solicitation by an individual using the 
     individual's resources and acting in the individual's own 
     name of contributions from other persons in a manner not 
     described in paragraphs (B) and (C).''.
          Subtitle C--Additional Prohibitions on Contributions

     SEC. 221. ALLOWABLE CONTRIBUTIONS FOR COMPLYING CANDIDATES.

       For the purposes of this Act, in order for a candidate to 
     be considered to be in compliance with the spending limits 
     contained in this Act, not less than 60 percent of the total 
     dollar amount of all contributions from individuals to a 
     candidate or a candidate's authorized committee, not 
     including any expenditures, contributions or loans made by 
     the candidate, shall come from individuals legally residing 
     in the candidate's State.
                  TITLE III--MISCELLANEOUS PROVISIONS

     SEC. 301. CANDIDATE EXPENDITURES FROM PERSONAL FUNDS.

       Section 315 of FECA (2 U.S.C. 441a) is amended by adding at 
     the end the following new subsection:
       ``(i)(1)(A) Not later than 15 days after a candidate 
     qualifies for a primary election ballot under State law, the 
     candidate shall file with the Commission, and each other 
     candidate who has qualified for that ballot, a declaration 
     stating whether the candidate intends to expend during the 
     election cycle an amount exceeding $250,000 from--
       ``(i) the candidate's personal funds;
       ``(ii) the funds of the candidate's immediate family; and
       ``(iii) personal loans incurred by the candidate and the 
     candidate's immediate family in connection with the 
     candidate's election campaign.
       ``(B) The declaration required by subparagraph (A) shall be 
     in such form and contain such information as the Commission 
     may require by regulation.
       ``(2) Notwithstanding subsection (a), the limitations on 
     contributions under subsection (a) shall be modified as 
     provided under paragraph (3) with respect to other candidates 
     for the same office who are not described in subparagraph 
     (A), (B), or (C), if the candidate--
       ``(A) declares under paragraph (1) that the candidate 
     intends to expend for the primary and general election funds 
     described in such paragraph in an amount exceeding $250,000;
       ``(B) expends such funds in the primary and general 
     election in an amount exceeding $250,000; or
       ``(C) fails to file the declaration required by paragraph 
     (1).
       ``(3) For purposes of paragraph (2)--
       ``(A) if a candidate described in paragraph (2)(B) expends 
     funds in an amount exceeding $250,000, the limitation under 
     subsection (a)(1)(A) shall be increased to $2,000; and
       ``(B) if a candidate described in paragraph (2)(B) expends 
     funds in an amount exceeding $250,000, the limitation under 
     subsection (a)(1)(A) shall be increased to $5,000.
       ``(4) If--
       ``(A) the modifications under paragraph (3) apply for a 
     convention or a primary election by reason of 1 or more 
     candidates taking (or failing to take) any action described 
     in subparagraph (A), (B), or (C) of paragraph (2); and
       ``(B) such candidates are not candidates in any subsequent 
     election in the same election campaign, including the general 
     election,

     paragraph (3) shall cease to apply to the other candidates in 
     such campaign.
       ``(5) No increase described in paragraph (3) shall apply 
     under paragraph (2) to noneligible Senate candidates in any 
     election if eligible Senate candidates are participating in 
     the same election campaign.
       ``(6) A candidate who--
       ``(A) declares, pursuant to paragraph (1), that the 
     candidate does not intend to expend funds described in 
     paragraph (1) in excess of $250,000; and
       ``(B) subsequently changes such declaration or expends such 
     funds in excess of that amount,

     shall file an amended declaration with the Commission and 
     notify all other candidates for the same office not later 
     than 24 hours after changing such declaration or exceeding 
     such limits, whichever first occurs, by sending a notice by 
     certified mail, return receipt requested.''.

     SEC. 302. RESTRICTIONS ON USE OF CAMPAIGN FUNDS FOR PERSONAL 
                   PURPOSES.

       (a) Restrictions on Use of Campaign Funds.--Title III of 
     FECA (2 U.S.C. 431 et seq.) is amended by adding at the end 
     the following new section:


     ``RESTRICTIONS ON USE OF CAMPAIGN FUNDS FOR PERSONAL PURPOSES

       ``Sec. 324. (a) An individual who receives contributions as 
     a candidate for Federal office--
       ``(1) shall use such contributions only for legitimate and 
     verifiable campaign expenses; and
       ``(2) shall not use such contributions for any inherently 
     personal purpose.
       ``(b) As used in this subsection--
       ``(1) the term `campaign expenses' means expenses 
     attributable solely to bona fide campaign purposes; and
       ``(2) the term `inherently personal purpose' means a 
     purpose that, by its nature, confers a personal benefit, 
     including a home mortgage payment, clothing purchase, 
     noncampaign automobile expense, country club membership, 
     vacation, or trip of a noncampaign nature, and any other 
     inherently personal living expense as determined under the 
     regulations promulgated pursuant to section 302(b) of the 
     Senate Campaign Spending Limit and Election Reform Act of 
     1995.''.
       (b) Regulations.--Not later than 90 days after the date of 
     enactment of this section, the Federal Election Commission 
     shall promulgate regulations to implement subsection (a). 
     Such regulations shall apply to all contributions possessed 
     by an individual at the time of implementation of this 
     section.

     SEC. 303. CAMPAIGN ADVERTISING AMENDMENTS.

       Section 318 of FECA (2 U.S.C. 441d) is amended--
       (1) in subsection (a)--
       (A) in the matter preceding paragraph (1)--
       (i) by striking ``Whenever'' and inserting ``Whenever a 
     political committee makes a disbursement for the purpose of 
     financing any communication through any broadcasting station, 
     newspaper, magazine, outdoor advertising facility, mailing, 
     or any other type of general public political advertising, or 
     whenever'';
       (ii) by striking ``an expenditure'' and inserting ``a 
     disbursement''; and
       (iii) by striking ``direct''; and
       (B) in paragraph (3), by inserting ``and permanent street 
     address'' after ``name''; and
       (2) by adding at the end the following new subsections:
       ``(c) Any printed communication described in subsection (a) 
     shall be--
       ``(1) of sufficient type size to be clearly readable by the 
     recipient of the communication;
       ``(2) contained in a printed box set apart from the other 
     contents of the communication; and
       ``(3) consist of a reasonable degree of color contrast 
     between the background and the printed statement.
       ``(d)(1) Any broadcast or cablecast communication described 
     in subsection (a)(1) or subsection (a)(2) shall include, in 
     addition to the requirements of those subsections, an audio 
     statement by the candidate that identifies the candidate and 
     states that the candidate has approved the communication.
       ``(2) If a broadcast or cablecast communication described 
     in paragraph (1) is broadcast or cablecast by means of 
     television, the communication shall include, in addition to 
     the audio statement under paragraph (1), a written statement 
     which--
       ``(A) states: `I (name of the candidate), am a candidate 
     for (the office the candidate is seeking) and I have approved 
     this message';
       ``(B) appears at the end of the communication in a clearly 
     readable manner with a reasonable degree of color contrast 
     between the background and the printed statement, for a 
     period of at least 4 seconds; and
       ``(C) is accompanied by a clearly identifiable photographic 
     or similar image of the candidate.
       ``(e) Any broadcast or cablecast communication described in 
     subsection (a)(3) shall include, in addition to the 
     requirements of those subsections, in a clearly spoken 
     manner, the following statement: `________________ is 
     responsible for the content of this advertisement.' (with the 
     blank to be filled in with the name of the political 
     committee or other person paying for the communication and 
     the name of any connected organization of the payor). If 
     broadcast or cablecast by means of television, the statement 
     shall also appear in a clearly readable manner with a 
     reasonable degree of color contrast between the background 
     and the printed statement, for a period of at least 4 
     seconds.''.

     SEC. 304. FILING OF REPORTS USING COMPUTERS AND FACSIMILE 
                   MACHINES.

       Section 302(g) of FECA (2 U.S.C. 432(g)) is amended by 
     adding at the end the following new paragraph:
       ``(6)(A) The Commission, in consultation with the Secretary 
     of the Senate and the Clerk of the House of Representatives, 
     may prescribe regulations under which persons required to 
     file designations, statements, and reports under this Act--

[[Page S6744]]

       ``(i) are required to maintain and file them for any 
     calendar year in electronic form accessible by computers if 
     the person has, or has reason to expect to have, aggregate 
     contributions or expenditures in excess of a threshold amount 
     determined by the Commission; and
       ``(ii) may maintain and file them in that manner if not 
     required to do so under regulations prescribed under clause 
     (i).
       ``(B) The Commission, in consultation with the Secretary of 
     the Senate and the Clerk of the House of Representatives, 
     shall prescribe regulations which allow persons to file 
     designations, statements, and reports required by this Act 
     through the use of facsimile machines.
       ``(C) In prescribing regulations under this paragraph, the 
     Commission shall provide methods (other than requiring a 
     signature on the document being filed) for verifying 
     designations, statements, and reports covered by the 
     regulations. Any document verified under any of the methods 
     shall be treated for all purposes (including penalties for 
     perjury) in the same manner as a document verified by 
     signature.
       ``(D) The Secretary of the Senate and the Clerk of the 
     House of Representatives shall ensure that any computer or 
     other system that they may develop and maintain to receive 
     designations, statements, and reports in the forms required 
     or permitted under this paragraph is compatible with any such 
     system that the Commission may develop and maintain.''.

     SEC. 305. AUDITS.

       (a) Random Audits.--Section 311(b) of FECA (2 U.S.C. 
     438(b)) is amended--
       (1) by inserting ``(1)'' before ``The Commission''; and
       (2) by adding at the end the following new paragraph:
       ``(2) Notwithstanding paragraph (1), the Commission may 
     after all elections are completed conduct random audits and 
     investigations to ensure voluntary compliance with this Act. 
     The subjects of such audits and investigations shall be 
     selected on the basis of criteria established by vote of at 
     least 4 members of the Commission to ensure impartiality in 
     the selection process. This paragraph does not apply to an 
     authorized committee of a candidate for President or Vice 
     President subject to audit under title VI or to an authorized 
     committee of an eligible Senate candidate or an eligible 
     House candidate subject to audit under section 522(a).''.
       (b) Extension of Period During Which Campaign Audits May Be 
     Begun.--Section 311(b) of FECA (2 U.S.C. 438(b)) is amended 
     by striking ``6 months'' and inserting ``12 months''.

     SEC. 306. LIMIT ON CONGRESSIONAL USE OF THE FRANKING 
                   PRIVILEGE.

       Section 3210(a)(6)(A) of title 39, United States Code, is 
     amended to read as follows:
       ``(A) A Member of Congress shall not mail any mass mailing 
     as franked mail during a year in which there will be an 
     election for the seat held by the Member during the period 
     between January 1 of that year and the date of the general 
     election for that Office, unless the Member has made a public 
     announcement that the Member will not be a candidate for 
     reelection to that year or for election to any other Federal 
     office.''.

     SEC. 307. AUTHORITY TO SEEK INJUNCTION.

       Section 309(a) of FECA (2 U.S.C. 437g(a)) is amended--
       (1) by adding at the end the following new paragraph:
       ``(13)(A) If, at any time in a proceeding described in 
     paragraph (1), (2), (3), or (4), the Commission believes 
     that--
       ``(i) there is a substantial likelihood that a violation of 
     this Act is occurring or is about to occur;
       ``(ii) the failure to act expeditiously will result in 
     irreparable harm to a party affected by the potential 
     violation;
       ``(iii) expeditious action will not cause undue harm or 
     prejudice to the interests of others; and
       ``(iv) the public interest would be best served by the 
     issuance of an injunction,

     the Commission may initiate a civil action for a temporary 
     restraining order or a temporary injunction pending the 
     outcome of the proceedings described in paragraphs (1), (2), 
     (3), and (4).
       ``(B) An action under subparagraph (A) shall be brought in 
     the United States district court for the district in which 
     the defendant resides, transacts business, or may be found, 
     or in which the violation is occurring, has occurred, or is 
     about to occur.'';
       (2) in paragraph (7), by striking ``(5) or (6)'' and 
     inserting ``(5), (6), or (13)''; and
       (3) in paragraph (11), by striking ``(6)'' and inserting 
     ``(6) or (13)''.

     SEC. 308 SEVERABILITY.

       If any provision of this Act, an amendment made by this 
     Act, or the application of such provision or amendment to any 
     person or circumstance is held to be unconstitutional, the 
     remainder of this Act, the amendments made by this Act, and 
     the application of the provisions of such to any person or 
     circumstance shall not be affected thereby.

     SEC. 309. EXPEDITED REVIEW OF CONSTITUTIONAL ISSUES.

       (a) Direct Appeal to Supreme Court.--An appeal may be taken 
     directly to the Supreme Court of the United States from any 
     interlocutory order or final judgment, decree, or order 
     issued by any court ruling on the constitutionality of any 
     provision of this Act or amendment made by this Act.
       (b) Acceptance and Expedition.--The Supreme Court shall, if 
     it has not previously ruled on the question addressed in the 
     ruling below, accept jurisdiction over, advance on the 
     docket, and expedite the appeal to the greatest extent 
     possible.

     SEC. 310. REPORTING REQUIREMENTS.

       (a) Contributors.--Section 302(c)(3) of FECA (2 U.S.C. 
     432(c)(3)) is amended by striking ``$200'' and inserting 
     ``$50''.
       (b) Disbursements.--Section 302(c)(5) of FECA (2 U.S.C. 
     432(c)(5)) is amended by striking ``$200'' and inserting 
     ``$50''.

     SEC. 311. REGULATIONS.

       The Federal Election Commission shall prescribe any 
     regulations required to carry out this Act not later than 9 
     months after the effective date of this Act.

     SEC. 312. EFFECTIVE DATE.

       Except as otherwise provided in this Act, the amendments 
     made by, and the provisions of, this Act shall take effect on 
     the date of the enactment of this Act.
                                                                    ____


                           Amendment No. 4103

       Strike all after the enacting clause and insert the 
     following:

     SECTION 1. SHORT TITLE.

       This Act may be cited as the ``Senate Campaign Spending 
     Limit and Election Reform Act of 1995''.

     SEC. 2. AMENDMENT OF CAMPAIGN ACT; TABLE OF CONTENTS.

       (a) Amendment of FECA.--When used in this Act, the term 
     ``FECA'' means the Federal Election Campaign Act of 1971 (2 
     U.S.C. 431 et seq.).
       (b) Table of Contents.--The table of contents of this Act 
     is as follows:

Sec. 1. Short title.
Sec. 2. Amendment of Campaign Act; table of contents.

         TITLE I--SENATE ELECTION SPENDING LIMITS AND BENEFITS

Sec. 101. Senate election spending limits and benefits.
Sec. 102. Transition provisions.
Sec. 103. Free broadcast time.
Sec. 104. Broadcast rates and preemption.
Sec. 105. Reduced postage rates.
Sec. 106. Contribution limit for eligible Senate candidates.

           TITLE II--REDUCTION OF SPECIAL INTEREST INFLUENCE

  Subtitle A--Elimination of Political Action Committees From Federal 
                          Election Activities

Sec. 201. Ban on activities of political action committees in Federal 
              elections.

                       Subtitle B--Contributions

Sec. 211. Contributions through intermediaries and conduits.

          Subtitle C--Additional Prohibitions on Contributions

Sec. 221. Allowable contributions for complying candidates.

                  TITLE III--MISCELLANEOUS PROVISIONS

Sec. 301. Restrictions on use of campaign funds for personal purposes.
Sec. 302. Campaign advertising amendments.
Sec. 303. Filing of reports using computers and facsimile machines.
Sec. 304. Audits.
Sec. 305. Limit on congressional use of the franking privilege.
Sec. 306. Authority to seek injunction.
Sec. 307. Severability.
Sec. 308. Expedited review of constitutional issues.
Sec. 309. Reporting requirements.
Sec. 310. Regulations.
Sec. 311. Effective date.
         TITLE I--SENATE ELECTION SPENDING LIMITS AND BENEFITS

     SEC. 101. SENATE ELECTION SPENDING LIMITS AND BENEFITS.

       FECA is amended by adding at the end the following new 
     title:
 ``TITLE V--SPENDING LIMITS AND BENEFITS FOR SENATE ELECTION CAMPAIGNS

     ``SEC. 501. CANDIDATES ELIGIBLE TO RECEIVE BENEFITS.

       ``(a) In General.--For purposes of this title, a candidate 
     is an eligible Senate candidate if the candidate--
       ``(1) meets the primary and general election filing 
     requirements of subsections (c) and (d);
       ``(2) meets the primary and runoff election expenditure 
     limits of subsection (b);
       ``(3) meets the threshold contribution requirements of 
     subsection (e); and
       ``(4) does not exceed the limitation on expenditures from 
     personal funds under section 502(a).
       ``(b) Primary and Runoff Expenditure Limits.--
       ``(1) In general.--The requirements of this subsection are 
     met if--
       ``(A) the candidate or the candidate's authorized 
     committees did not make expenditures for the primary election 
     in excess of the lesser of--
       ``(i) 67 percent of the general election expenditure limit 
     under section 502(b); or
       ``(ii) $2,750,000; and
       ``(B) the candidate and the candidate's authorized 
     committees did not make expenditures for any runoff election 
     in excess of 20 percent of the general election expenditure 
     limit under section 502(b).
       ``(2) Indexing.--The $2,750,000 amount under paragraph 
     (1)(A)(ii) shall be increased

[[Page S6745]]

     as of the beginning of each calendar year based on the 
     increase in the price index determined under section 315(c), 
     except that the base period shall be calendar year 1995.
       ``(3) Increase based on expenditures of opponent.--The 
     limitations under paragraph (1) with respect to any candidate 
     shall be increased by the aggregate amount of independent 
     expenditures in opposition to, or on behalf of any opponent 
     of, such candidate during the primary or runoff election 
     period, whichever is applicable, that are required to be 
     reported to the Secretary of the Senate with respect to such 
     period under section 304(c).
       ``(c) Primary Filing Requirements.--
       ``(1) In general.--The requirements of this subsection are 
     met if the candidate files with the Secretary of the Senate a 
     certification that--
       ``(A) the candidate and the candidate's authorized 
     committees--
       ``(i) will meet the primary and runoff election expenditure 
     limits of subsection (b); and
       ``(ii) will only accept contributions for the primary and 
     runoff elections which do not exceed such limits;
       ``(B) the candidate and the candidate's authorized 
     committees will meet the limitation on expenditures from 
     personal funds under section 502(a); and
       ``(C) the candidate and the candidate's authorized 
     committees will meet the general election expenditure limit 
     under section 502(b).
       ``(2) Deadline for filing certification.--The certification 
     under paragraph (1) shall be filed not later than the date 
     the candidate files as a candidate for the primary election.
       ``(d) General Election Filing Requirements.--
       ``(1) In general.--The requirements of this subsection are 
     met if the candidate files a certification with the Secretary 
     of the Senate under penalty of perjury that--
       ``(A) the candidate and the candidate's authorized 
     committees--
       ``(i) met the primary and runoff election expenditure 
     limits under subsection (b); and
       ``(ii) did not accept contributions for the primary or 
     runoff election in excess of the primary or runoff 
     expenditure limit under subsection (b), whichever is 
     applicable, reduced by any amounts transferred to this 
     election cycle from a preceding election cycle;
       ``(B) at least one other candidate has qualified for the 
     same general election ballot under the law of the State 
     involved;
       ``(C) the candidate and the authorized committees of the 
     candidate--
       ``(i) except as otherwise provided by this title, will not 
     make expenditures that exceed the general election 
     expenditure limit under section 502(b);
       ``(ii) will not accept any contributions in violation of 
     section 315;
       ``(iii) except as otherwise provided by this title, will 
     not accept any contribution for the general election involved 
     to the extent that such contribution would cause the 
     aggregate amount of contributions to exceed the sum of the 
     amount of the general election expenditure limit under 
     section 502(b), reduced by any amounts transferred to this 
     election cycle from a previous election cycle and not taken 
     into account under subparagraph (A)(ii);
       ``(iv) will furnish campaign records, evidence of 
     contributions, and other appropriate information to the 
     Commission; and
       ``(v) will cooperate in the case of any audit and 
     examination by the Commission; and
       ``(D) the candidate intends to make use of the benefits 
     provided under section 503.
       ``(2) Deadline for filing certification.--The certification 
     under paragraph (1) shall be filed not later than 7 days 
     after the earlier of--
       ``(A) the date the candidate qualifies for the general 
     election ballot under State law; or
       ``(B) if under State law, a primary or runoff election to 
     qualify for the general election ballot occurs after 
     September 1, the date the candidate wins the primary or 
     runoff election.
       ``(e) Threshold Contribution Requirements.--
       ``(1) In general.--The requirements of this subsection are 
     met if the candidate and the candidate's authorized 
     committees have received allowable contributions during the 
     applicable period in an amount at least equal to the lesser 
     of--
       ``(A) 10 percent of the general election expenditure limit 
     under section 502(b); or
       ``(B) $250,000.
       ``(2) Definitions.--For purposes of this subsection--
       ``(A) the term `allowable contributions' means 
     contributions that are made as gifts of money by an 
     individual pursuant to a written instrument identifying such 
     individual as the contributor; and
       ``(B) the term `applicable period' means--
       ``(i) the period beginning on January 1 of the calendar 
     year preceding the calendar year of the general election 
     involved and ending on the date on which the certification 
     under subsection (c)(2) is filed by the candidate; or
       ``(ii) in the case of a special election for the office of 
     United States Senator, the period beginning on the date the 
     vacancy in such office occurs and ending on the date of the 
     general election.

     ``SEC. 502. LIMITATION ON EXPENDITURES.

       ``(a) Limitation on Use of Personal Funds.--
       ``(1) In general.--The aggregate amount of expenditures 
     that may be made during an election cycle by an eligible 
     Senate candidate or such candidate's authorized committees 
     from the sources described in paragraph (2) shall not exceed 
     the lesser of--
       ``(A) 10 percent of the general election expenditure limit 
     under subsection (b); or
       ``(B) $250,000.
       ``(2) Sources.--A source is described in this subsection if 
     it is--
       ``(A) personal funds of the candidate and members of the 
     candidate's immediate family; or
       ``(B) personal loans incurred by the candidate and members 
     of the candidate's immediate family.
       ``(b) General Election Expenditure Limit.--
       ``(1) In general.--Except as otherwise provided in this 
     title, the aggregate amount of expenditures for a general 
     election by an eligible Senate candidate and the candidate's 
     authorized committees shall not exceed the lesser of--
       ``(A) $5,500,000; or
       ``(B) the greater of--
       ``(i) $950,000; or
       ``(ii) $400,000; plus

       ``(I) 30 cents multiplied by the voting age population not 
     in excess of 4,000,000; and
       ``(II) 25 cents multiplied by the voting age population in 
     excess of 4,000,000.

       ``(2) Exception.--In the case of an eligible Senate 
     candidate in a State that has not more than 1 transmitter for 
     a commercial Very High Frequency (VHF) television station 
     licensed to operate in that State, paragraph (1)(B)(ii) shall 
     be applied by substituting--
       ``(A) `80 cents' for `30 cents' in subclause (I); and
       ``(B) `70 cents' for `25 cents' in subclause (II).
       ``(3) Indexing.--The amount otherwise determined under 
     paragraph (1) for any calendar year shall be increased by the 
     same percentage as the percentage increase for such calendar 
     year under section 501(b)(2).
       ``(4) Increase based on expenditures of opponent.--The 
     limitations under paragraph (1) with respect to any candidate 
     shall be increased by the aggregate amount of independent 
     expenditures in opposition to, or on behalf of any opponent 
     of, such candidate during the primary or runoff election 
     period, whichever is applicable, that are required to be 
     reported to the Secretary of the Senate with respect to such 
     period under section 304(c).
       ``(c) Payment of Taxes.--The limitation under subsection 
     (b) shall not apply to any expenditure for Federal, State, or 
     local taxes with respect to earnings on contributions raised.

     ``SEC. 503. BENEFITS ELIGIBLE CANDIDATES ENTITLED TO RECEIVE.

       ``An eligible Senate candidate shall be entitled to 
     receive--
       ``(1) the broadcast media rates provided under section 
     315(b) of the Communications Act of 1934;
       ``(2) the free broadcast time provided under section 315(c) 
     of such Act; and
       ``(3) the reduced postage rates provided in section 3626(e) 
     of title 39, United States Code.

     ``SEC. 504. CERTIFICATION BY COMMISSION.

       ``(a) In General.--Not later than 48 hours after a 
     candidate qualifies for a general election ballot, the 
     Commission shall certify the candidate's eligibility for free 
     broadcast time under section 315(b)(2) of the Communications 
     Act of 1934. The Commission shall revoke such certification 
     if it determines a candidate fails to continue to meet the 
     requirements of this title.
       ``(b) Determinations by Commission.--All determinations 
     (including certifications under subsection (a)) made by the 
     Commission under this title shall be final, except to the 
     extent that they are subject to examination and audit by the 
     Commission under section 505.

     ``SEC. 505. REPAYMENTS; ADDITIONAL CIVIL PENALTIES.

       ``(a) Excess Payments; Revocation of Status.--If the 
     Commission revokes the certification of a candidate as an 
     eligible Senate candidate under section 504(a), the 
     Commission shall notify the candidate, and the candidate 
     shall pay an amount equal to the value of the benefits 
     received under this title.
       ``(b) Misuse of Benefits.--If the Commission determines 
     that any benefit made available to an eligible Senate 
     candidate under this title was not used as provided for in 
     this title, the Commission shall so notify the candidate and 
     the candidate shall pay an amount equal to the value of such 
     benefit.''.

     SEC. 102. TRANSITION PROVISIONS.

       (a) Expenditures Made Prior to Date of Enactment.--(1) 
     Expenditures made by an eligible Senate candidate on or prior 
     to the date of enactment of this title shall not be counted 
     against the limits specified in section 502 of FECA, as 
     amended by section 101.
       (2) For purposes of this section, the term ``expenditure'' 
     includes any direct or indirect payment or distribution or 
     obligation to make payment or distribution of money.
       (b) Relationship to Other Titles.--The provisions of titles 
     I through IV of the Federal Election Campaign Act of 1971 
     shall remain in effect with respect to Senate election 
     campaigns affected by this title or the amendments made by 
     this title except to the extent that those provisions are 
     inconsistent with this title or the amendments made by this 
     title.

[[Page S6746]]

     SEC. 103. FREE BROADCAST TIME.

       (a) In General.--Section 315 of the Communications Act of 
     1934 (47 U.S.C. 315) is amended--
       (1) in subsection (a)--
       (A) by striking ``within the meaning of this subsection'' 
     and inserting ``within the meaning of this subsection and 
     subsection (c)'';
       (B) by redesignating subsections (c) and (d) as subsections 
     (d) and (e), respectively; and
       (C) by inserting immediately after subsection (b) the 
     following new subsection:
       ``(c)(1) An eligible Senate candidate who has qualified for 
     the general election ballot shall be entitled to receive a 
     total of 30 minutes of free broadcast time from broadcasting 
     stations within the State.
       ``(2) Unless a candidate elects otherwise, the broadcast 
     time made available under this subsection shall be between 
     6:00 p.m. and 10:00 p.m. on any day that falls on Monday 
     through Friday.
       ``(3) If--
       ``(A) a licensee's audience with respect to any 
     broadcasting station is measured or rated by a recognized 
     media rating service in more than 1 State; and
       ``(B) during the period beginning on the first day 
     following the date of the last general election and ending on 
     the date of the next general election there is an election to 
     the United States Senate in more than 1 of such States,

     the 30 minutes of broadcast time under this subsection shall 
     be allocated equally among the States described in 
     subparagraph (B).
       ``(4)(A) In the case of an election among more than 2 
     candidates, the broadcast time provided under paragraph (1) 
     shall be allocated as follows:
       ``(i) The amount of broadcast time that shall be provided 
     to the candidate of a minor party shall be equal to the 
     number of minutes allocable to the State multiplied by the 
     percentage of the number of popular votes received by the 
     candidate of that party in the preceding general election for 
     the Senate in the State (or if subsection (d)(4)(B) applies, 
     the percentage determined under such subsection).
       ``(ii) The amount of broadcast time remaining after 
     assignment of broadcast time to minor party candidates under 
     clause (i) shall be allocated equally between the major party 
     candidates.
       ``(B) In the case of an election where only 1 candidate 
     qualifies to be on the general election ballot, no time shall 
     be required to be provided by a licensee under this 
     subsection.
       ``(5) The Federal Election Commission shall by regulation 
     exempt from the requirements of this subsection--
       ``(A) a licensee whose signal is broadcast substantially 
     nationwide; and
       ``(B) a licensee that establishes that such requirements 
     would impose a significant economic hardship on the 
     licensee.''; and
       (2) in subsection (d), as redesignated--
       (A) by striking ``and'' at the end of paragraph (1);
       (B) by striking the period at the end of paragraph (2) and 
     inserting a semicolon; and
       (C) by adding at the end the following new paragraphs:
       ``(3) the term `major party' means, with respect to an 
     election for the United States Senate in a State, a political 
     party whose candidate for the United States Senate in the 
     preceding general election for the Senate in that State 
     received, as a candidate of that party, 25 percent or more of 
     the number of popular votes received by all candidates for 
     the Senate;
       ``(4) the term `minor party' means, with respect to an 
     election for the United States Senate in a State, a political 
     party--
       ``(A) whose candidate for the United States Senate in the 
     preceding general election for the Senate in that State 
     received 5 percent or more but less than 25 percent of the 
     number of popular votes received by all candidates for the 
     Senate; or
       ``(B) whose candidate for the United States Senate in the 
     current general election for the Senate in that State has 
     obtained the signatures of at least 5 percent of the State's 
     registered voters, as determined by the chief voter 
     registration official of the State, in support of a petition 
     for an allocation of free broadcast time under this 
     subsection; and
       ``(5) the term `Senate election cycle' means, with respect 
     to an election to a seat in the United States Senate, the 2-
     year period ending on the date of the general election for 
     that seat.''.
       (b) Effective Date.--The amendments made by this section 
     shall apply to general elections occurring after December 31, 
     1995 (and the election cycles relating thereto).

     SEC. 104. BROADCAST RATES AND PREEMPTION.

       (a) Broadcast Rates.--Section 315(b) of the Communications 
     Act of 1934 (47 U.S.C. 315(b)) is amended--
       (1) by striking ``(b) The changes'' and inserting ``(b)(1) 
     The changes'';
       (2) by redesignating paragraphs (1) and (2) as 
     subparagraphs (A) and (B), respectively;
       (3) in paragraph (1)(A), as redesignated--
       (A) by striking ``forty-five'' and inserting ``30''; and
       (B) by striking ``lowest unit charge of the station for the 
     same class and amount of time for the same period'' and 
     inserting ``lowest charge of the station for the same amount 
     of time for the same period on the same date''; and
       (4) by adding at the end the following new paragraph:
       ``(2) In the case of an eligible Senate candidate (as 
     described in section 501(a) of the Federal Election Campaign 
     Act), the charges for the use of a television broadcasting 
     station during the 30-day period and 60-day period referred 
     to in paragraph (1)(A) shall not exceed 50 percent of the 
     lowest charge described in paragraph (1)(A).''.
       (b) Preemption; Access.--Section 315 of such Act (47 U.S.C. 
     315), as amended by section 102(a), is amended--
       (1) by redesignating subsections (d) and (e) as 
     redesignated, as subsections (e) and (f), respectively; and
       (2) by inserting immediately after subsection (c) the 
     following subsection:
       ``(d)(1) Except as provided in paragraph (2), a licensee 
     shall not preempt the use, during any period specified in 
     subsection (b)(1)(A), of a broadcasting station by an 
     eligible Senate candidate who has purchased and paid for such 
     use pursuant to subsection (b)(2).
       ``(2) If a program to be broadcast by a broadcasting 
     station is preempted because of circumstances beyond the 
     control of the broadcasting station, any candidate 
     advertising spot scheduled to be broadcast during that 
     program may also be preempted.''.
       (c) Revocation of License for Failure To Permit Access.--
     Section 312(a)(7) of the Communications Act of 1934 (47 
     U.S.C. 312(a)(7)) is amended--
       (1) by striking ``or repeated'';
       (2) by inserting ``or cable system'' after ``broadcasting 
     station''; and
       (3) by striking ``his candidacy'' and inserting ``the 
     candidacy of such person, under the same terms, conditions, 
     and business practices as apply to its most favored 
     advertiser''.
       (d) Effective Date.--The amendments made by this section 
     shall apply to the general elections occurring after December 
     31, 1995 (and the election cycles relating thereto).

     SEC. 105. REDUCED POSTAGE RATES.

       (a) In General.--Section 3626(e) of title 39, United States 
     Code, is amended--
       (1) in paragraph (2)--
       (A) in subparagraph (A)--
       (i) by striking ``and the National'' and inserting ``the 
     National''; and
       (ii) by inserting before the semicolon the following: ``, 
     and, subject to paragraph (3), the principal campaign 
     committee of an eligible Senate candidate;'';
       (B) in subparagraph (B), by striking ``and'' after the 
     semicolon;
       (C) in subparagraph (C), by striking the period and 
     inserting a semicolon; and
       (D) by adding after subparagraph (C) the following new 
     subparagraphs:
       ``(D) the term `principal campaign committee' has the 
     meaning given such term in section 301 of the Federal 
     Election Campaign Act of 1971; and
       ``(E) the term `eligible Senate candidate' has the meaning 
     given such term in section 501(a) of the Federal Election 
     Campaign Act of 1971.''; and
       (2) by adding after paragraph (2) the following new 
     paragraph:
       ``(3) The rate made available under this subsection with 
     respect to an eligible Senate candidate shall apply only to 
     that number of pieces of mail equal to 2 times the number of 
     individuals in the voting age population (as certified under 
     section 315(e) of such Act) of the State.''.
       (b) Effective Date.--The amendments made by this section 
     shall apply to the general elections occurring after December 
     31, 1995 (and the election cycles relating thereto).

     SEC. 106. CONTRIBUTION LIMIT FOR ELIGIBLE SENATE CANDIDATES.

       Section 315(a)(1) of FECA (2 U.S.C. 441a(a)(1)) is 
     amended--
       (1) in subparagraph (A) by inserting ``except as provided 
     in subparagraph (B),'' before ``to'';
       (2) by redesignating subparagraphs (B) and (C) as 
     subparagraphs (C) and (D), respectively; and
       (3) by inserting after subparagraph (A) the following:
       ``(B) if the general election expenditure, primary election 
     expenditure limit, or runoff election expenditure limit 
     applicable to an eligible Senate candidate has been increased 
     under section 502(d), to the eligible Senate candidate and 
     the authorized political committees of the canidate with 
     respect to any election for the office of United States 
     Senator, which, in the aggregate, exceed $2,000;''.
           TITLE II--REDUCTION OF SPECIAL INTEREST INFLUENCE
  Subtitle A--Elimination of Political Action Committees From Federal 
                          Election Activities

     SEC. 201. BAN ON ACTIVITIES OF POLITICAL ACTION COMMITTEES IN 
                   FEDERAL ELECTIONS.

       (a) In General.--Title III of FECA (2 U.S.C. 431 et seq.) 
     is amended by adding at the end the following new section:


  ``BAN ON FEDERAL ELECTION ACTIVITIES BY POLITICAL ACTION COMMITTEES

       ``Sec. 324. Notwithstanding any other provision of this 
     Act, no person other than an individual or a political 
     committee may make contributions, solicit or receive 
     contributions, or make expenditures for the purpose of 
     influencing an election for Federal office.''.
       (b) Definition of Political Committee.--(1) Section 301(4) 
     of FECA (2 U.S.C. 431(4)) is amended to read as follows:
       ``(4) The term `political committee' means--
       ``(A) the principal campaign committee of a candidate;

[[Page S6747]]

       ``(B) any national, State, or district committee of a 
     political party, including any subordinate committee thereof;
       ``(C) any local committee of a political party that--
       ``(i) receives contributions aggregating in excess of 
     $5,000 during a calendar year;
       ``(ii) makes payments exempted from the definition of 
     contribution or expenditure under paragraph (8) or (9) 
     aggregating in excess of $5,000 during a calendar year; or
       ``(iii) makes contributions or expenditures aggregating in 
     excess of $1,000 during a calendar year; and
       ``(D) any committee jointly established by a principal 
     campaign committee and any committee described in 
     subparagraph (B) or (C) for the purpose of conducting joint 
     fundraising activities.''.
       (2) Section 316(b)(2) of FECA (2 U.S.C. 441b(b)(2)) is 
     amended--
       (A) by inserting ``or'' after ``subject;'';
       (B) by striking ``and their families; and'' and inserting 
     ``and their families.''; and
       (C) by striking subparagraph (C).
       (c) Candidate's Committees.--(1) Section 315(a) of FECA (2 
     U.S.C. 441a(a)) is amended by adding at the end the following 
     new paragraph:
       ``(9) For the purposes of the limitations provided by 
     paragraphs (1) and (2), any political committee that is 
     established, financed, maintained, or controlled, directly or 
     indirectly, by any candidate or Federal officeholder shall be 
     deemed to be an authorized committee of such candidate or 
     officeholder.''.
       (2) Section 302(e)(3) of FECA (2 U.S.C. 432) is amended to 
     read as follows:
       ``(3) No political committee that supports, or has 
     supported, more than one candidate may be designated as an 
     authorized committee, except that--
       ``(A) a candidate for the office of President nominated by 
     a political party may designate the national committee of 
     such political party as the candidate's principal campaign 
     committee, if that national committee maintains separate 
     books of account with respect to its functions as a principal 
     campaign committee; and
       ``(B) a candidate may designate a political committee 
     established solely for the purpose of joint fundraising by 
     such candidates as an authorized committee.''.
       (d) Rules Applicable When Ban Not in Effect.--(1) For 
     purposes of FECA, during any period beginning after the 
     effective date in which the limitation under section 324 of 
     that Act (as added by subsection (a)) is not in effect--
       (A) the amendments made by subsections (a), (b), and (c) 
     shall not be in effect;
       (B) it shall be unlawful for a multicandidate political 
     committee, intermediary, or conduit (as that term is defined 
     in section 315(a)(8) of FECA, as amended by section 231 of 
     this Act), to make a contribution to a candidate for 
     election, or nomination for election, to Federal office (or 
     an authorized committee) to the extent that the making or 
     accepting of the contribution will cause the amount of 
     contributions received by the candidate and the candidate's 
     authorized committees from multicandidate political 
     committees to exceed 20 percent of the aggregate Federal 
     election spending limits applicable to the candidate for the 
     election cycle; and
       (C) it shall be unlawful for a political committee, 
     intermediary, or conduit, as that term is defined in section 
     315(a)(8) of FECA (as amended by section 231 of this Act), to 
     make a contribution to a candidate for election, or a 
     nomination for an election, to Federal office (or an 
     authorized committee of such candidate) in excess of the 
     amount an individual is allowed to give directly to a 
     candidate or a candidate's authorized committee.
       (2) A candidate or authorized committee that receives a 
     contribution from a multicandidate political committee in 
     excess of the amount allowed under paragraph (1)(B) shall 
     return the amount of such excess contribution to the 
     contributor.
                       Subtitle B--Contributions

     SEC. 211. CONTRIBUTIONS THROUGH INTERMEDIARIES AND CONDUITS.

       Section 315(a)(8) of FECA (2 U.S.C. 441a(a)(8)) is amended 
     to read as follows:
       ``(8) For the purposes of this subsection:
       ``(A) Contributions made by a person, either directly or 
     indirectly, to or on behalf of a particular candidate, 
     including contributions that are in any way earmarked or 
     otherwise directed through an intermediary or conduit to a 
     candidate, shall be treated as contributions from the person 
     to the candidate. If a contribution is made to a candidate 
     through an intermediary or conduit, the intermediary or 
     conduit shall report the original source and the intended 
     recipient of the contribution to the Commission and the 
     intended recipient.
       ``(B) Contributions made directly or indirectly by a person 
     to or on behalf of a particular candidate through an 
     intermediary or conduit, including contributions arranged to 
     be made by an intermediary or conduit, shall be treated as 
     contributions from the intermediary or conduit to the 
     candidate if--
       ``(i) the contributions made through the intermediary or 
     conduit are in the form of a check or other negotiable 
     instrument made payable to the intermediary or conduit rather 
     than the intended recipient; or
       ``(ii) the intermediary or conduit is--

       ``(I) a political committee with a connected organization, 
     a political party, or an officer, employee, or agent of 
     either;

       ``(II) a person whose activities are required to be 
     reported under section 308 of the Federal Regulation of 
     Lobbying Act (2 U.S.C. 267), the Foreign Agents Registration 
     Act of 1938 (22 U.S.C. 611 et seq.), or any successor Federal 
     law requiring a person who is a lobbyist or foreign agent to 
     report the activities of such person;
       ``(III) a person who is prohibited from making 
     contributions under section 316 or a partnership; or
       ``(IV) an officer, employee, or agent of a person described 
     in subclause (II) or (III) acting on behalf of such person.

       ``(C) The term `contributions arranged to be made' 
     includes--
       ``(i)(I) contributions delivered directly or indirectly to 
     a particular candidate or the candidate's authorized 
     committee or agent by the person who facilitated the 
     contribution; and
       ``(II) contributions made directly or indirectly to a 
     particular candidate or the candidate's authorized committee 
     or agent that are provided at a fundraising event sponsored 
     by an intermediary or conduit described in subparagraph (B);
       ``(D) This paragraph shall not prohibit--
       ``(i) fundraising efforts for the benefit of a candidate 
     that are conducted by another candidate or Federal 
     officeholder; or
       ``(ii) the solicitation by an individual using the 
     individual's resources and acting in the individual's own 
     name of contributions from other persons in a manner not 
     described in paragraphs (B) and (C).''.
          Subtitle C--Additional Prohibitions on Contributions

     SEC. 221. ALLOWABLE CONTRIBUTIONS FOR COMPLYING CANDIDATES.

       For the purposes of this Act, in order for a candidate to 
     be considered to be in compliance with the spending limits 
     contained in this Act, not less than 60 percent of the total 
     dollar amount of all contributions from individuals to a 
     candidate or a candidate's authorized committee, not 
     including any expenditures, contributions or loans made by 
     the candidate, shall come from individuals legally residing 
     in the candidate's State.
                  TITLE III--MISCELLANEOUS PROVISIONS

     SEC. 301. RESTRICTIONS ON USE OF CAMPAIGN FUNDS FOR PERSONAL 
                   PURPOSES.

       (a) Restrictions on Use of Campaign Funds.--Title III of 
     FECA (2 U.S.C. 431 et seq.) is amended by adding at the end 
     the following new section:


     ``RESTRICTIONS ON USE OF CAMPAIGN FUNDS FOR PERSONAL PURPOSES

       ``Sec. 324. (a) An individual who receives contributions as 
     a candidate for Federal office--
       ``(1) shall use such contributions only for legitimate and 
     verifiable campaign expenses; and
       ``(2) shall not use such contributions for any inherently 
     personal purpose.
       ``(b) As used in this subsection--
       ``(1) the term `campaign expenses' means expenses 
     attributable solely to bona fide campaign purposes; and
       ``(2) the term `inherently personal purpose' means a 
     purpose that, by its nature, confers a personal benefit, 
     including a home mortgage payment, clothing purchase, 
     noncampaign automobile expense, country club membership, 
     vacation, or trip of a noncampaign nature, and any other 
     inherently personal living expense as determined under the 
     regulations promulgated pursuant to section 302(b) of the 
     Senate Campaign Spending Limit and Election Reform Act of 
     1995.''.
       (b) Regulations.--Not later than 90 days after the date of 
     enactment of this section, the Federal Election Commission 
     shall promulgate regulations to implement subsection (a). 
     Such regulations shall apply to all contributions possessed 
     by an individual at the time of implementation of this 
     section.

     SEC. 302. CAMPAIGN ADVERTISING AMENDMENTS.

       Section 318 of FECA (2 U.S.C. 441d) is amended--
       (1) in subsection (a)--
       (A) in the matter preceding paragraph (1)--
       (i) by striking ``Whenever'' and inserting ``Whenever a 
     political committee makes a disbursement for the purpose of 
     financing any communication through any broadcasting station, 
     newspaper, magazine, outdoor advertising facility, mailing, 
     or any other type of general public political advertising, or 
     whenever'';
       (ii) by striking ``an expenditure'' and inserting ``a 
     disbursement''; and
       (iii) by striking ``direct''; and
       (B) in paragraph (3), by inserting ``and permanent street 
     address'' after ``name''; and
       (2) by adding at the end the following new subsections:
       ``(c) Any printed communication described in subsection (a) 
     shall be--
       ``(1) of sufficient type size to be clearly readable by the 
     recipient of the communication;
       ``(2) contained in a printed box set apart from the other 
     contents of the communication; and
       ``(3) consist of a reasonable degree of color contrast 
     between the background and the printed statement.
       ``(d)(1) Any broadcast or cablecast communication described 
     in subsection (a)(1) or subsection (a)(2) shall include, in 
     addition to the requirements of those subsections, an audio 
     statement by the candidate that identifies the candidate and 
     states that the candidate has approved the communication.
       ``(2) If a broadcast or cablecast communication described 
     in paragraph (1) is broadcast or cablecast by means of 
     television, the communication shall include, in addition to

[[Page S6748]]

     the audio statement under paragraph (1), a written statement 
     which--
       ``(A) states: `I (name of the candidate), am a candidate 
     for (the office the candidate is seeking) and I have approved 
     this message';
       ``(B) appears at the end of the communication in a clearly 
     readable manner with a reasonable degree of color contrast 
     between the background and the printed statement, for a 
     period of at least 4 seconds; and
       ``(C) is accompanied by a clearly identifiable photographic 
     or similar image of the candidate.
       ``(e) Any broadcast or cablecast communication described in 
     subsection (a)(3) shall include, in addition to the 
     requirements of those subsections, in a clearly spoken 
     manner, the following statement: `________________ is 
     responsible for the content of this advertisement.' (with the 
     blank to be filled in with the name of the political 
     committee or other person paying for the communication and 
     the name of any connected organization of the payor). If 
     broadcast or cablecast by means of television, the statement 
     shall also appear in a clearly readable manner with a 
     reasonable degree of color contrast between the background 
     and the printed statement, for a period of at least 4 
     seconds.''.

     SEC. 303. FILING OF REPORTS USING COMPUTERS AND FACSIMILE 
                   MACHINES.

       Section 302(g) of FECA (2 U.S.C. 432(g)) is amended by 
     adding at the end the following new paragraph:
       ``(6)(A) The Commission, in consultation with the Secretary 
     of the Senate and the Clerk of the House of Representatives, 
     may prescribe regulations under which persons required to 
     file designations, statements, and reports under this Act--
       ``(i) are required to maintain and file them for any 
     calendar year in electronic form accessible by computers if 
     the person has, or has reason to expect to have, aggregate 
     contributions or expenditures in excess of a threshold amount 
     determined by the Commission; and
       ``(ii) may maintain and file them in that manner if not 
     required to do so under regulations prescribed under clause 
     (i).
       ``(B) The Commission, in consultation with the Secretary of 
     the Senate and the Clerk of the House of Representatives, 
     shall prescribe regulations which allow persons to file 
     designations, statements, and reports required by this Act 
     through the use of facsimile machines.
       ``(C) In prescribing regulations under this paragraph, the 
     Commission shall provide methods (other than requiring a 
     signature on the document being filed) for verifying 
     designations, statements, and reports covered by the 
     regulations. Any document verified under any of the methods 
     shall be treated for all purposes (including penalties for 
     perjury) in the same manner as a document verified by 
     signature.
       ``(D) The Secretary of the Senate and the Clerk of the 
     House of Representatives shall ensure that any computer or 
     other system that they may develop and maintain to receive 
     designations, statements, and reports in the forms required 
     or permitted under this paragraph is compatible with any such 
     system that the Commission may develop and maintain.''.

     SEC. 304. AUDITS.

       (a) Random Audits.--Section 311(b) of FECA (2 U.S.C. 
     438(b)) is amended--
       (1) by inserting ``(1)'' before ``The Commission''; and
       (2) by adding at the end the following new paragraph:
       ``(2) Notwithstanding paragraph (1), the Commission may 
     after all elections are completed conduct random audits and 
     investigations to ensure voluntary compliance with this Act. 
     The subjects of such audits and investigations shall be 
     selected on the basis of criteria established by vote of at 
     least 4 members of the Commission to ensure impartiality in 
     the selection process. This paragraph does not apply to an 
     authorized committee of a candidate for President or Vice 
     President subject to audit under title VI or to an authorized 
     committee of an eligible Senate candidate or an eligible 
     House candidate subject to audit under section 522(a).''.
       (b) Extension of Period During Which Campaign Audits May Be 
     Begun.--Section 311(b) of FECA (2 U.S.C. 438(b)) is amended 
     by striking ``6 months'' and inserting ``12 months''.

     SEC. 305. LIMIT ON CONGRESSIONAL USE OF THE FRANKING 
                   PRIVILEGE.

       Section 3210(a)(6)(A) of title 39, United States Code, is 
     amended to read as follows:
       ``(A) A Member of Congress shall not mail any mass mailing 
     as franked mail during a year in which there will be an 
     election for the seat held by the Member during the period 
     between January 1 of that year and the date of the general 
     election for that Office, unless the Member has made a public 
     announcement that the Member will not be a candidate for 
     reelection to that year or for election to any other Federal 
     office.''.

     SEC. 306. AUTHORITY TO SEEK INJUNCTION.

       Section 309(a) of FECA (2 U.S.C. 437g(a)) is amended--
       (1) by adding at the end the following new paragraph:
       ``(13)(A) If, at any time in a proceeding described in 
     paragraph (1), (2), (3), or (4), the Commission believes 
     that--
       ``(i) there is a substantial likelihood that a violation of 
     this Act is occurring or is about to occur;
       ``(ii) the failure to act expeditiously will result in 
     irreparable harm to a party affected by the potential 
     violation;
       ``(iii) expeditious action will not cause undue harm or 
     prejudice to the interests of others; and
       ``(iv) the public interest would be best served by the 
     issuance of an injunction,

     the Commission may initiate a civil action for a temporary 
     restraining order or a temporary injunction pending the 
     outcome of the proceedings described in paragraphs (1), (2), 
     (3), and (4).
       ``(B) An action under subparagraph (A) shall be brought in 
     the United States district court for the district in which 
     the defendant resides, transacts business, or may be found, 
     or in which the violation is occurring, has occurred, or is 
     about to occur.'';
       (2) in paragraph (7), by striking ``(5) or (6)'' and 
     inserting ``(5), (6), or (13)''; and
       (3) in paragraph (11), by striking ``(6)'' and inserting 
     ``(6) or (13)''.

     SEC. 307 SEVERABILITY.

       If any provision of this Act, an amendment made by this 
     Act, or the application of such provision or amendment to any 
     person or circumstance is held to be unconstitutional, the 
     remainder of this Act, the amendments made by this Act, and 
     the application of the provisions of such to any person or 
     circumstance shall not be affected thereby.

     SEC. 308. EXPEDITED REVIEW OF CONSTITUTIONAL ISSUES.

       (a) Direct Appeal to Supreme Court.--An appeal may be taken 
     directly to the Supreme Court of the United States from any 
     interlocutory order or final judgment, decree, or order 
     issued by any court ruling on the constitutionality of any 
     provision of this Act or amendment made by this Act.
       (b) Acceptance and Expedition.--The Supreme Court shall, if 
     it has not previously ruled on the question addressed in the 
     ruling below, accept jurisdiction over, advance on the 
     docket, and expedite the appeal to the greatest extent 
     possible.

     SEC. 309. REPORTING REQUIREMENTS.

       (a) Contributors.--Section 302(c)(3) of FECA (2 U.S.C. 
     432(c)(3)) is amended by striking ``$200'' and inserting 
     ``$50''.
       (b) Disbursements.--Section 302(c)(5) of FECA (2 U.S.C. 
     432(c)(5)) is amended by striking ``$200'' and inserting 
     ``$50''.

     SEC. 310. REGULATIONS.

       The Federal Election Commission shall prescribe any 
     regulations required to carry out this Act not later than 9 
     months after the effective date of this Act.

     SEC. 311. EFFECTIVE DATE.

       Except as otherwise provided in this Act, the amendments 
     made by, and the provisions of, this Act shall take effect on 
     the date of the enactment of this Act.
                                 ______


                    KERREY AMENDMENTS NOS. 4104-4105

  (Ordered to lie on the table.)
  Mr. KERREY submitted two amendments intended to be proposed by him to 
the bill, S. 1219, supra; as follows:

                           Amendment No. 4104

       Beginning on page 20, strike line 10 and all that follows 
     through page 21, line 2, and insert the following:
       ``(2) Payment of value of benefits.--On receipt of 
     notification of revocation of eligibility under paragraph 
     (1), a candidate--
       ``(A) shall pay an amount equal to 5 times the value of the 
     benefits received under this title; and
       ``(B) shall be ineligible for benefits available under 
     section 315(b) of the Communications Act of 1934 (47 U.S.C. 
     315(b)) for the duration of the election cycle.
       ``(b) Misuse of Benefits.--If the Commission determines 
     that any benefit made available to an eligible Senate 
     candidate under this title was not used as provided for in 
     this title or that a candidate has violated any of the 
     spending limits contained in this Act, the Commission shall 
     so notify the candidate, and, on receipt of notification, the 
     candidate shall pay an amount equal to 5 times the value of 
     the benefit.''.
                                                                    ____


                           Amendment No. 4105

       On page 28, between lines 14 and 15, insert the following:

     SEC. 104. RESPONSES TO INDEPENDENT EXPENDITURES.

       Section 315 of the Communications Act of 1934 (47 U.S.C. 
     315) (as amended by section 103) is amended--
       (1) by redesignating subsections (d), (e), and (f) as 
     subsections (e), (f), and (g), respectively; and
       (2) by inserting after subsection (c) the following:
       ``(d) Responses to Independent Expenditures.--An eligible 
     Senate candidate who has been notified by the Federal 
     Election Commission under section 304(c)(4) of the Federal 
     Campaign Act of 1971 that independent expenditures totaling 
     $10,000 or more have been made in the same election in favor 
     of another candidate or against the eligible Senate candidate 
     shall be entitled to receive free broadcast time from the 
     broadcasting stations to whom the expenditures were made, in 
     an amount of time equal to that purchased by the person 
     making the expenditures.''.
                                 ______


                    CONRAD AMENDMENTS NOS. 4106-4107

  (Ordered to lie on the table.)

[[Page S6749]]

  Mr. CONRAD submitted two amendments intended to be proposed by him to 
the bill, S. 1219, supra; as follows:

                           Amendment No. 4106

       Beginning on page 31, strike line 3 and all that follows 
     through page 35, line 10, and insert the following:

 Subtitle A--Limitation on Contributions by Political Action Committees

     SEC. 201. LIMITATION ON CONTRIBUTIONS BY POLITICAL ACTION 
                   COMMITTEES.

       (a) In General.--Title III of FECA (2 U.S.C. 301 et seq.) 
     is amended by adding at the end the following:

     ``SEC. 324. LIMITATION ON CONTRIBUTIONS BY POLITICAL ACTION 
                   COMMITTEES.

       ``Notwithstanding any other provision of this Act, no 
     person other than an individual or a political committee may 
     make a contribution to a candidate or candidate's authorized 
     committee.''.
       (b) Definition of Political Committee.--(1) Section 301 of 
     FECA (2 U.S.C. 431) (as amended by section 212(d)(2)) is 
     amended--
       (A) by striking paragraph (4) and inserting the following:
       ``(4) The term `political committee' means--
       ``(A) the principal campaign committee of a candidate;
       ``(B) any national, State, or district committee of a 
     political party, including any subordinate committee thereof;
       ``(C) any local committee of a political party that--
       ``(i) receives contributions aggregating in excess of 
     $5,000 during a calendar year;
       ``(ii) makes payments exempted from the definition of 
     contribution or expenditure under paragraph (8) or (9) 
     aggregating in excess of $5,000 during a calendar year; or
       ``(iii) makes contributions or expenditures aggregating in 
     excess of $1,000 during a calendar year;
       ``(D) any committee jointly established by a principal 
     campaign committee and any committee described in 
     subparagraph (B) or (C) for the purpose of conducting joint 
     fundraising activities; and
       ``(E) a small donor multicandidate political committee.''; 
     and
       (B) by adding at the end the following:
       ``(22) The term `small donor multicandidate political 
     committee' means a committee, club, association, or other 
     group of persons, or a separate segregated fund established 
     under section 316(b), that--
       ``(A) limits to $200 the amount of contributions that the 
     committee will accept from any individual in a calendar year; 
     and
       ``(B) makes contributions to more than 1 candidate in a 
     calendar year.''.
       (2) Section 316(b)(2) of FECA (2 U.S.C. 441b(b)(2)) is 
     amended--
       (A) by inserting ``or'' after ``subject;'';
       (B) by striking ``and their families; and'' and inserting 
     ``and their families.''; and
       (C) by striking subparagraph (C).
       (c) Candidate's Committees.--(1) Section 315(a) of FECA (2 
     U.S.C. 441a(a)) is amended by adding at the end the following 
     new paragraph:
       ``(9) For the purposes of the limitations provided by 
     paragraphs (1) and (2), any political committee that is 
     established, financed, maintained, or controlled, directly or 
     indirectly, by any candidate or Federal officeholder shall be 
     deemed to be an authorized committee of such candidate or 
     officeholder.''.
       (2) Section 302(e)(3) of FECA (2 U.S.C. 432) is amended to 
     read as follows:
       ``(3) No political committee that supports, or has 
     supported, more than one candidate may be designated as an 
     authorized committee, except that--
       ``(A) a candidate for the office of President nominated by 
     a political party may designate the national committee of 
     such political party as the candidate's principal campaign 
     committee, if that national committee maintains separate 
     books of account with respect to its functions as a principal 
     campaign committee; and
       ``(B) a candidate may designate a political committee 
     established solely for the purpose of joint fundraising by 
     such candidates as an authorized committee.''.
                                                                    ____


                           Amendment No. 4107

       Beginning on page 31, strike line 3 and all that follows 
     through page 35, line 10, and insert the following:

 Subtitle A--Limitation on Contributions by Political Action Committees

     SEC. 201. LIMITATION ON CONTRIBUTIONS BY POLITICAL ACTION 
                   COMMITTEES.

       (a) In General.--Title III of FECA (2 U.S.C. 301 et seq.) 
     is amended by adding at the end the following:

     ``SEC. 324. LIMITATION ON CONTRIBUTIONS BY POLITICAL ACTION 
                   COMMITTEES.

       ``Notwithstanding any other provision of this Act, no 
     person other than an individual or a political committee may 
     make a contribution to a candidate or candidate's authorized 
     committee.''.
       (b) Definition of Political Committee.--(1) Section 301 of 
     FECA (2 U.S.C. 431) (as amended by section 212(d)(2)) is 
     amended--
       (A) by striking paragraph (4) and inserting the following:
       ``(4) The term `political committee' means--
       ``(A) the principal campaign committee of a candidate;
       ``(B) any national, State, or district committee of a 
     political party, including any subordinate committee thereof;
       ``(C) any local committee of a political party that--
       ``(i) receives contributions aggregating in excess of 
     $5,000 during a calendar year;
       ``(ii) makes payments exempted from the definition of 
     contribution or expenditure under paragraph (8) or (9) 
     aggregating in excess of $5,000 during a calendar year; or
       ``(iii) makes contributions or expenditures aggregating in 
     excess of $1,000 during a calendar year;
       ``(D) any committee jointly established by a principal 
     campaign committee and any committee described in 
     subparagraph (B) or (C) for the purpose of conducting joint 
     fundraising activities; and
       ``(E) a small donor multicandidate political committee.''; 
     and
       (B) by adding at the end the following:
       ``(22) The term `small donor multicandidate political 
     committee' means a committee, club, association, or other 
     group of persons, or a separate segregated fund established 
     under section 316(b), that--
       ``(A) limits to $100 the amount of contributions that the 
     committee will accept from any individual in a calendar year; 
     and
       ``(B) makes contributions to more than 1 candidate in a 
     calendar year.''.
       (2) Section 316(b)(2) of FECA (2 U.S.C. 441b(b)(2)) is 
     amended--
       (A) by inserting ``or'' after ``subject;'';
       (B) by striking ``and their families; and'' and inserting 
     ``and their families.''; and
       (C) by striking subparagraph (C).
       (c) Candidate's Committees.--(1) Section 315(a) of FECA (2 
     U.S.C. 441a(a)) is amended by adding at the end the following 
     new paragraph:
       ``(9) For the purposes of the limitations provided by 
     paragraphs (1) and (2), any political committee that is 
     established, financed, maintained, or controlled, directly or 
     indirectly, by any candidate or Federal officeholder shall be 
     deemed to be an authorized committee of such candidate or 
     officeholder.''.
       (2) Section 302(e)(3) of FECA (2 U.S.C. 432) is amended to 
     read as follows:
       ``(3) No political committee that supports, or has 
     supported, more than one candidate may be designated as an 
     authorized committee, except that--
       ``(A) a candidate for the office of President nominated by 
     a political party may designate the national committee of 
     such political party as the candidate's principal campaign 
     committee, if that national committee maintains separate 
     books of account with respect to its functions as a principal 
     campaign committee; and
       ``(B) a candidate may designate a political committee 
     established solely for the purpose of joint fundraising by 
     such candidates as an authorized committee.''.
                                 ______


                    BROWN AMENDMENTS NOS. 4108-4109

  (Ordered to lie on the table.)
  Mr. BROWN submitted two amendments intended to be proposed by him to 
the bill, S. 1219, supra; as follows:

                           Amendment No. 4108

       At the appropriate place in the bill, insert the following:
       ``At 2 U.S.C. Sec. 441b(b)(2) after `in connection with any 
     election to any of the offices referred to in this section,', 
     insert: `including activities and communications advocating 
     or opposing any issues clearly identified with a candidate or 
     party'.''
                                                                    ____


                           Amendment No. 4109

       Insert the following new paragraph in Section 316(b) of the 
     Federal Election Campaign Act of 1971 (2 U.S.C. 441(b));
       (8)(A) It is unlawful for any labor organization as defined 
     in Section 441b(b)(1) of title 2 to use union dues or 
     anything of value required for membership in such 
     organization, for activities described in subparagraphs (A) 
     and (B) of paragraph (b)(2), without each member's express 
     written consent. Such labor organization shall retain records 
     of such permission for a period of at least ten years.
       (B) Activities include, but are not limited to, any 
     communication supporting or opposing any clearly identified 
     candidate for public elective office or supporting or 
     opposing any issues clearly identified with or closely 
     connected to a candidate or political party.
       (C) Any person who knowingly and wilfully violates 
     subsection (A) shall be fined in an amount of $5,000 per 
     violation not to exceed a total of $100,000.
                                 ______


                    MOSELEY-BRAUN AMENDMENT NO. 4110

  (Ordered to lie on the table.)
  Ms. MOSELEY-BRAUN submitted an amendment intended to be proposed by 
her to the bill, S. 1219, supra; as follows:

       At the appropriate place in title III, insert the 
     following:

     SEC. 3  . LIMITATION ON THE AMOUNT OF PERSONAL FUNDS THAT A 
                   CANDIDATE FOR FEDERAL OFFICE MAY EXPEND DURING 
                   AN ELECTION CYCLE.

       Title III of FECA (2 U.S.C. 431 et seq.) (as amended by 
     section 212(d) is amended by adding at the end the following:

     ``SEC. 326. LIMITATION ON THE AMOUNT OF PERSONAL FUNDS THAT A 
                   CANDIDATE FOR FEDERAL OFFICE MAY EXPEND DURING 
                   AN ELECTION CYCLE.

       ``(A) In General.--The aggregate amount of expenditures 
     that may be made during an

[[Page S6750]]

     election cycle by a candidate or the candidate's authorized 
     committees from sources described in subsection (a) shall not 
     exceed $1,000,000.
       ``(b) Sources.--A source is described in this subsection if 
     the source is--
       ``(1) personal funds of the candidate and members of the 
     candidate's immediate family; or
       ``(2) personal loans incurred by the candidate and members 
     of the candidate's immediate family.''.

                          ____________________