[Congressional Record Volume 144, Number 15 (Wednesday, February 25, 1998)]
[Senate]
[Pages S1016-S1024]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                          AMENDMENTS SUBMITTED

                                 ______
                                 

                      THE PAYCHECK PROTECTION ACT

                                 ______
                                 

                   JOHNSON AMENDMENTS NOS. 1657-1658

  (Ordered to lie on the table.)
  Mr. JOHNSON submitted two amendments intended to him to amendment No. 
1646 proposed by Mr. McCain to the bill (S. 1663) to protect 
individuals from having their money involuntarily collected and used 
for politics by a corporation or labor organization; as follows:

                           Amendment No. 1657

       On page 11, after line 30, insert the following:

     SEC. 104. TREATMENT AS CONTRIBUTION OF UNREIMBURSED COST OF 
                   CANDIDATE TRAVEL ON PRIVATE AIRCRAFT.

       Section 301(8)(A) of the Federal Election Campaign Act of 
     1971 (2 U.S.C. 431(8)(A)) (as amended by section 205(a)) is 
     amended--
       (1) in clause (ii), by striking ``; or'' at the end;
       (2) in clause (iii), by striking the period at the end and 
     inserting ``; or''; and
       (3) by adding at the end the following:
       ``(iv) in the case of the use of a private aircraft by a 
     candidate or a candidate's authorized committees (other than 
     an aircraft owned by the candidate or the candidate's 
     authorized committees), the unreimbursed cost of such use, 
     determined as the greater of the value of--

       ``(I) a first-class ticket on a commercial airline for a 
     comparable trip; or
       ``(II) the fair market value of the use of the private 
     aircraft.''.
                                                                    ____


                           Amendment No. 1658

       On page 29, lines 9 and 10, strike ``CONTRIBUTIONS'' and 
     insert ``CONTRIBUTIONS AND EXPENDITURES''.

       On page 29, line 11, strike ``Section'' and insert ``(a) 
     Contributions.--Section''.

       On page 29, between lines 20 and 21, insert the following:
       (b) Expenditures.--Section 304(b)(5)(A) of the Federal 
     Election Campaign Act of 1971 (2 U.S.C. 434(b)(5)(A)) is 
     amended by striking ``$200'' and inserting ``$50''.
       At the end of Title III, add the following:
       On page 37, between lines 9 and 10, insert the following:

     SEC. 309. REPORTING REQUIREMENT FOR CERTAIN EXPENDITURES OF 
                   CANDIDATES.

       (a) Reporting Requirement of Committee.--Section 304(b)(5) 
     of the Federal Election Campaign Act of 1971 (2 U.S.C. 
     434(b)(5)) is amended--
       (1) in subparagraph (A), by inserting ``(including, in the 
     case of an expenditure to reimburse candidates or campaign 
     workers, a specific itemization of each reimbursed candidate 
     or worker expenditure in excess of $50 and in the case of an 
     expenditure for air travel, the dates of the trip, each point 
     of departure and arrival, and the identity of the traveler)'' 
     after ``purpose'';
       (2) in subparagraph (D), by striking ``and'' at the end;
       (3) in subparagraph (E), by inserting ``and'' at the end; 
     and
       (4) by adding at the end the following:
       ``(F) in the case of an expenditure described in 
     subparagraph (A) that is made to a person providing personal 
     or consulting services and is used by such person to make 
     expenditures to other persons (not including employees) who 
     provide goods or services to the candidate or the candidate's 
     authorized committees, the other person, together with the 
     date, amount, and purpose of such expenditure, shall be 
     disclosed;''.
       (b) Information Reported to Committee.--Section 302 of the 
     Federal Election Campaign Act of 1971 (2 U.S.C. 432) is 
     amended by adding at the end the following:
       ``(j) A person described in section 304(b)(5)(F) shall 
     maintain records of and provide to a political committee the 
     information necessary for the committee to report the 
     information described in such section.''.
                                 ______
                                 

                       MURRAY AMENDMENT NO. 1659

  (Ordered to lie on the table.)
  Mrs. MURRAY submitted an amendment intended to be proposed by her to 
amendment No. 1646 proposed by Mr. McCain to the bill, S. 1663, supra; 
as follows:

       On page 29, strike lines 9 through 20 and insert the 
     following:

     SEC. 304. REPORTING REQUIREMENTS FOR CONTRIBUTIONS IN ANY 
                   AMOUNT.

       (a) Section 302.--Section 302 of the Federal Election 
     Campaign Act of 1971 (2 U.S.C. 432) is amended--
       (1) in subsection (b)--
       (A) in paragraph (1)--
       (i) by striking ``and if the amount of the contribution is 
     in excess of $50''; and
       (ii) by inserting a comma after ``making a contribution''; 
     and
       (B) in paragraph (2)(A), by inserting ``and the name and 
     address of the person making the contribution'' after ``such 
     contribution''; and
       (2) in subsection (c)(2), by striking ``in excess of $50''.
       (b) Section 304.--Section 304(b)(3)(A) of the Federal 
     Election Campaign Act of 1971 (2 U.S.C. 434(b)(3)(A)) is 
     amended--
       (1) by striking ``, whose contribution'' and all that 
     follows through ``together''; and
       (2) by striking the semicolon at the end and inserting ``, 
     except that in the case of a

[[Page S1017]]

     person who makes contributions in an aggregate amount of $200 
     or less during the calendar year, the identification need 
     include only the name and address of the person;''.
                                 ______
                                 

                  LIEBERMAN AMENDMENTS NOS. 1660-1662

  (Ordered to lie on the table.)
  Mr. LIEBERMAN submitted three amendments intended to be proposed by 
him to an amendment to the bill, S. 1663, supra; as follows:

                           Amendment No. 1660

       At the appropriate place, insert the following:

     SEC. ____. DEFINITIONS OF POLITICAL COMMITTEE AND POLITICAL 
                   ORGANIZATION.

       (a) Definition of Political Committee.--Section 301(4) of 
     the Federal Election Campaign Act of 1971 (2 U.S.C. 431(4)) 
     is amended--
       (1) in subparagraph (B), by striking ``or'' at the end;
       (2) in subparagraph (C), by striking the period at the end 
     and inserting ``; or''; and
       (3) by adding at the end the following:
       ``(D) a political organization (as defined in section 
     527(e)(1) of the Internal Revenue Code of 1986 and subject to 
     section 527 of such Code) unless--
       ``(i) the activities of the organization are for the 
     primary purpose of influencing or attempting to influence the 
     selection, nomination, election, or appointment of any 
     individual or individuals to any State or local public office 
     or office in a State or local political organization; and
       ``(ii) the organization does not engage in any activity 
     aimed at influencing or attempting to influence the 
     selection, election, or appointment of any individual to any 
     Federal office or the election of Presidential or Vice 
     Presidential electors.''.
       (b) Definition of Political Organization.--Paragraph (e)(1) 
     of section 527 of the Internal Revenue Code of 1986 (relating 
     to political organizations) is amended by striking 
     ``incorporated) organized and operated'' and all that follows 
     through the period and inserting ``incorporated)--
       ``(A) organized and operated primarily for the purpose of 
     directly or indirectly accepting contributions or making 
     expenditures, or both, for an exempt function, and
       ``(B) that is a political committee described in section 
     301(4) of the Federal Election Campaign Act of 1971 (2 U.S.C. 
     431(4)) except to the extent that--
       ``(i) the activities of the organization are for the 
     primary purpose of influencing or attempting to influence the 
     selection, nomination, election, or appointment of any 
     individual or individuals to any State or local public office 
     or office in a State or local political organization; and
       ``(ii) the organization does not engage in any activity 
     aimed at influencing or attempting to influence the 
     selection, election, or appointment of any individual to any 
     Federal office or the election of Presidential or Vice 
     Presidential electors.''.
       (c) Effective Date.--This section and the amendments made 
     by this section take effect on the date that is 30 days after 
     the date of enactment of this Act.
       (d) Regulations.--The Federal Election Commission and the 
     Commissioner of the Internal Revenue Code of 1986 shall--
       (1) promulgate regulations as necessary to enforce this 
     section; and
       (2) in the promulgation of regulations under paragraph (1), 
     provide an exception to any provision that the Commission or 
     Commissioner determines necessary to serve the public 
     interest.
                                                                    ____


                             Amendment 1661

       At the appropriate place, insert the following:

     SEC. ____. LIMITATIONS ON POLITICAL ACTIVITY BY TAX-EXEMPT 
                   ORGANIZATIONS.

       (a) Tax-exempt Organizations.--Section 501 of the Internal 
     Revenue Code of 1986 (relating to exemption from tax on 
     corporations, certain trusts, etc.) is amended--
       (1) by redesignating subsection (o) as subsection (p); and
       (2) by inserting after subsection (n) the following new 
     subsection:
       ``(o) Special Rules for Organizations Exempt Under 
     Paragraph (3) or (4) of Subsection (c).--
       ``(1) In general.--An organization described in paragraph 
     (3) or (4) of subsection (c) shall be denied exemption from 
     taxation under subsection (a) if such organization--
       ``(A) solicits or accepts a contribution (as defined in 
     section 271(b)(2)) from a committee of a political party or 
     an authorized committee of a candidate (as defined in section 
     301 of the Federal Election Campaign Act of 1971 (2 U.S.C. 
     431)),
       ``(B) makes or directs a contribution to a committee of a 
     political party or an authorized committee of a candidate,
       ``(C) makes a disbursement for electioneering advertising 
     (as defined in paragraph (2)), except to the extent that--
       ``(i) the disbursement constitutes an independent 
     expenditure (as defined in section 301(17) of the Federal 
     Election Campaign Act of 1971 (2 U.S.C. 431(17)), or
       ``(ii) the advertising is--

       ``(I) described in paragraph (2)(B)(i)(II),
       ``(II) otherwise permitted by law, and
       ``(III) made more than--

       ``(aa) 60 days before the date of a general, special, or 
     runoff election in which the identified candidates are 
     seeking office, or
       ``(bb) 30 days before the date of a primary or preference 
     election or a convention or caucus of a political party that 
     has authority to nominate a candidate for the office for 
     which the identified candidates are seeking election, or
       ``(D) participates in a coordinated disbursement.
       ``(2) Definitions.--For purposes of this subsection--
       ``(A) Coordinated disbursement.--
       ``(i) In general.--The term `coordinated disbursement' 
     means a purchase, payment, distribution, loan, advance, 
     deposit, or gift of money or anything of value, made in 
     connection with any broadcasting, newspaper, magazine, 
     billboard, direct mail, phone bank, widely distributed 
     electronic mail, or similar type of general public 
     communication or advertising by a person (who is not a 
     candidate or a candidate's authorized committee) in 
     cooperation, consultation, or concert with, or at the request 
     or suggestion of, a candidate, a member of the candidate's 
     immediate family (as defined in section 9004(e)), the 
     candidate's authorized committees, or a committee of a 
     political party.
       ``(ii) Exception.--The term `coordinated disbursement' does 
     not include a disbursement for a bona fide newscast, news 
     interview, news documentary (if the appearance of the 
     candidate is incidental to the presentation of the subject or 
     subjects covered by the news documentary), editorial, or on-
     the-spot coverage of bona fide news events.
       ``(B) Electioneering advertising.--
       ``(i) In general.--The term `electioneering advertising' 
     means a communication--

       ``(I) containing a phrase such as `vote for', `re-elect', 
     `support', `cast your ballot for', `(name of individual) for 
     President', `(name of individual) in (calendar year)', `vote 
     against', `defeat', `reject', or a campaign slogan or words 
     that in context can have no reasonable meaning other than to 
     recommend the election or defeat of 1 or more clearly 
     identified candidates such as `(name of candidate)'s the One' 
     or `(name of candidate'); or
       ``(II) referring to 1 or more clearly identified candidates 
     in a communication that is widely disseminated to the 
     electorate for the election in which the identified 
     candidates are seeking office through a broadcasting station, 
     newspaper, magazine, outdoor advertising facility, direct 
     mailing, or any other type of general public communication.

       ``(ii) Voting record and voting guide exception.--The term 
     `electioneering advertising' does not include a printed 
     communication that--

       ``(I) presents information in an educational manner solely 
     about the voting record or position on a campaign issue of 2 
     or more individuals;
       ``(II) is not made in coordination with an individual, 
     political party, or agent of the individual or party;
       ``(III) in the case of a voter guide based on a 
     questionnaire, provides each individual seeking a particular 
     seat or office an equal opportunity to respond to the 
     questionnaire and have the individual's responses 
     incorporated into the voter guide;
       ``(IV) does not present an individual with greater 
     prominence than any other individual; and
       ``(V) does not contain a phrase such as `vote for', `re-
     elect', `support', `cast your ballot for', `(name of 
     individual) for President', `(name of individual) in 1997', 
     `vote against', `defeat', or `reject', or a campaign slogan 
     or words that in context can have no reasonable meaning other 
     than to urge the election or defeat of 1 or more clearly 
     identified individuals.''.

       (b) Effective Date.--This section and the amendments made 
     by this section take effect on the date that is 30 days after 
     the date of enactment of this Act.
       (c) Regulations.--The Federal Election Commission and the 
     Commissioner of the Internal Revenue Code of 1986 shall--
       (1) promulgate regulations as necessary to enforce this 
     section; and
       (2) in the promulgation of regulations under paragraph (1), 
     provide an exception to any provision that the Commission or 
     Commissioner determines necessary to serve the public 
     interest.
                                                                    ____


                           Amendment No. 1662

       After title VI, insert the following:
TITLE VII--PUBLIC FUNDING FOR PRESIDENTIAL CANDIDATES AND PRESIDENTIAL 
                         NOMINATING CONVENTIONS

     SECTION 701. REQUIREMENTS FOR PRESIDENTIAL CANDIDATES 
                   ACCEPTING PUBLIC FUNDING.

       (a) Restrictions on Fundraising by Candidates.--
       (1) Definition of fundraising.--Section 9002 of the 
     Internal Revenue Code of 1986 (relating to definitions in the 
     Presidential Election Campaign Fund Act) is amended by adding 
     at the end the following:
       ``(13) Fundraising activity.--
       ``(A) In general.--The term `fundraising activity' means--
       ``(i) an activity or event the purpose or effect of which 
     is the direct or indirect solicitation, acceptance, or 
     direction of a contribution (as defined in section 271(b)(2)) 
     for--
       ``(I) any candidate for public office,
       ``(II) a political committee (including a national, State, 
     or local committee of a political party),
       ``(III) an organization that--

       ``(aa) is described in section 501(c) and exempt from 
     taxation under section 501(a) (or

[[Page S1018]]

     has submitted an application to the Secretary of the Treasury 
     for determination of tax-exemption under such section), and
       ``(bb) engages in any election-related activity, including, 
     but not limited to, voter registration, get-out-the-vote 
     activity, publication or distribution of a voter guide, or 
     making communications that are widely disseminated through a 
     broadcasting station, newspaper, magazine, outdoor 
     advertising facility, direct mailing, or any other type of 
     general public political advertising and that clearly 
     identify a candidate (as defined in section 301 of the 
     Federal Election Campaign Act of 1971 (2 U.S.C. 431)) or a 
     political party,

       ``(IV) a political organization (as defined in section 
     527), or
       ``(V) an organization that engages in any electioneering 
     advertising (as defined in section 324 of the Federal 
     Election Campaign Act of 1971), or
       ``(ii) the authorization of use of a candidate's name in 
     connection with an activity or event described in clause (i).
       ``(B) Exception.--The term `fundraising activity' does not 
     include an activity or event the sole purpose or effect of 
     which is to solicit or accept a contribution (as defined in 
     section 301(8) of the Federal Election Campaign Act of 1971 
     (2 U.S.C. 431(8)) for the candidate participating in the 
     activity or event that is specifically solicited for, and 
     deposited in, the candidate's legal and accounting compliance 
     fund or that is necessary to cover any deficiency in payments 
     received from the Presidential Election Campaign Fund, to the 
     extent otherwise permissible by law.''.
       (2) General election.--Section 9003 of the Internal Revenue 
     Code of 1986 (relating to condition for eligibility for 
     payments) is amended--
       (A) in subsection (b)--
       (i) in paragraph (1), by striking ``and'' at the end;
       (ii) in paragraph (2), by striking the period at the end 
     and inserting ``, and''; and
       (iii) by inserting after paragraph (2) the following:
       ``(3) such candidate, a member of the candidate's immediate 
     family (as defined in section 9004(e)), and the candidate's 
     authorized committee or agents or officials of the committee 
     shall not participate in any fundraising activity during the 
     expenditure report period.''; and
       (B) in subsection (c)--
       (i) in paragraph (1), by striking ``and'' at the end;
       (ii) in paragraph (2), by striking the period at the end 
     and inserting ``, and''; and
       (iii) by inserting after paragraph (2) the following:
       ``(3) subject to paragraph (2), such candidate, a member of 
     the candidate's immediate family (as defined in section 
     9004(e)), and the candidate's authorized committee or agents 
     or officials of such committee shall not participate in a 
     fundraising activity during the expenditure report period.''.
       (3) Primary election.--Subsection (b) of section 9033 of 
     the Internal Revenue Code of 1986 (relating to eligibility 
     for payments) is amended--
       (A) in paragraph (3), by striking ``and'' at the end;
       (B) in paragraph (4), by striking the period at the end and 
     inserting ``, and''; and
       (C) by adding at the end the following:
       ``(5) the candidate, a member of the candidate's immediate 
     family (as defined in section 9004(e)), and the candidate's 
     authorized committee or agents or officials of such committee 
     shall not participate in a fundraising activity during the 
     matching payment period unless such activity has as its sole 
     purpose and effect the solicitation or acceptance of 
     contributions (as defined in section 301(8) of the Federal 
     Election Campaign Act of 1971 (2 U.S.C. 431(8))).''.
       (b) Restriction on Coordinated Disbursement.--
       (1) Definition of coordinated disbursement.--Section 9002 
     of the Internal Revenue Code of 1986 (as amended by 
     subsection (a)) is amended by adding at the end the 
     following:
       ``(14) Coordinated Disbursement.--
       ``(A) In general.--The term `coordinated disbursement' 
     means a purchase, payment, distribution, loan, advance, 
     deposit, or gift of money or anything of value, made in 
     connection with any broadcasting, newspaper, magazine, 
     billboard, direct mail, phone bank, widely distributed 
     electronic mail, or similar type of general public 
     communication or advertising by a person (who is not a 
     candidate or a candidate's authorized committee) in 
     cooperation, consultation, or concert with, or at the request 
     or suggestion of, a candidate, a member of the candidate's 
     immediate family (as defined in section 9004(e)), the 
     candidate's authorized committees, or a committee of a 
     political party.
       ``(B) Special rule.--In the case of a candidate who 
     designates a committee of a political party as the 
     candidate's authorized committee, the term `coordinated 
     disbursement' shall include disbursements made by the 
     committee in cooperation, consultation, or concert with, or 
     at the request or suggestion of, a candidate or a member of 
     the candidate's immediate family (as defined in section 
     9004(e)) in excess of an amount equal to the aggregate of the 
     limit under section 315(d) of the Federal Election Campaign 
     Act of 1971 (2 U.S.C. 441a(d)) and the appropriate limit 
     under section 315(b)(1) of such Act (2 U.S.C. 441a(b)(1)).
       ``(C) Exceptions.--The term `coordinated disbursement' does 
     not include--
       ``(i) a disbursement that is an expenditure subject to the 
     limits under section 315(d) of the Federal Election Campaign 
     Act of 1971 (2 U.S.C. 441a(d)); or
       ``(ii) a disbursement for a bona fide newscast, news 
     interview, news documentary (if the appearance of the 
     candidate is incidental to the presentation of the subject or 
     subjects covered by the news documentary), editorial, or on-
     the-spot coverage of bona fide news events.''.
       (2) General election.--Subsection (a) of section 9003 of 
     the Internal Revenue Code of 1986 (relating to condition for 
     eligibility for payments) is amended--
       (A) in paragraph (2), by striking ``and'' at the end;
       (B) in paragraph (3), by striking the period at the end and 
     inserting ``, and''; and
       (C) by adding at the end the following:
       ``(4) agree not to participate in a coordinated 
     disbursement during the election report period.''.
       (3) Primary election.--Section 9033(b) (as amended by 
     subsection (a)(3)) is amended--
       (A) in paragraph (4), by striking ``and'' at the end;
       (B) in paragraph (5), by striking the period at the end and 
     inserting ``, and''; and
       (C) by adding at the end the following:
       ``(6) the candidate and the candidate's authorized 
     committees shall not participate in a coordinated 
     disbursement (as defined in section 9002(14)) during the 
     matching payment period except to the extent that the 
     disbursement is a contribution subject to the contribution 
     limits of section 315 of the Federal Election Campaign Act of 
     1971 (2 U.S.C. 441a).''.

     SEC. 702. REQUIREMENTS FOR POLITICAL PARTIES ACCEPTING PUBLIC 
                   FINANCING FOR PRESIDENTIAL NOMINATING 
                   CONVENTIONS.

       (a) Requirements.--Title III of the Federal Election 
     Campaign Act of 1971 (2 U.S.C. 431 et seq.) (as amended by 
     section 507) is amended by adding at the end the following:

     ``SEC. 327. REQUIREMENTS FOR POLITICAL PARTIES ACCEPTING 
                   PUBLIC FINANCING FOR PRESIDENTIAL NOMINATING 
                   CONVENTIONS.

       ``(a) Definitions.--In this section--
       ``(1) Committee.--The term `committee' shall include a 
     national, State, district, or local committee of a political 
     party, an entity that is directly or indirectly established, 
     financed, maintained, or controlled by any such party 
     committee or its agent, an agent acting on behalf of any such 
     party committee, and an officer or agent acting on behalf of 
     any such party committee or entity.
       ``(2) Electioneering advertising.--
       ``(A) In general.--The term `electioneering advertising' 
     means a communication--
       ``(i) containing a phrase such as `vote for', `re-elect', 
     `support', `cast your ballot for', `(name of individual) for 
     President', `(name of individual) in (calendar year)', `vote 
     against', `defeat', `reject', or a campaign slogan or words 
     that in context can have no reasonable meaning other than to 
     recommend the election or defeat of 1 or more clearly 
     identified candidates such as `(name of candidate)'s the One' 
     or `(name of candidate'); or
       ``(ii) referring to 1 or more clearly identified candidates 
     in a communication that is widely disseminated to the 
     electorate for the election in which the identified 
     candidates are seeking office through a broadcasting station, 
     newspaper, magazine, outdoor advertising facility, direct 
     mailing, or any other type of general public communication.
       ``(B) Voting record and voting guide exception.--The term 
     `electioneering advertising' does not include a printed 
     communication that--
       ``(i) presents information in an educational manner solely 
     about the voting record or position on a campaign issue of 2 
     or more individuals;
       ``(ii) is not made in coordination with an individual, 
     political party, or agent of the individual or party;
       ``(iii) in the case of a voter guide based on a 
     questionnaire, provides each individual seeking a particular 
     seat or office an equal opportunity to respond to the 
     questionnaire and have the individual's responses 
     incorporated into the voter guide;
       ``(iv) does not present an individual with greater 
     prominence than any other individual; and
       ``(v) does not contain a phrase such as `vote for', `re-
     elect', `support', `cast your ballot for', `(name of 
     individual) for President', `(name of individual) in 1997', 
     `vote against', `defeat', or `reject', or a campaign slogan 
     or words that in context can have no reasonable meaning other 
     than to urge the election or defeat of 1 or more clearly 
     identified individuals.
       ``(3) Eligible political committee.--The term `eligible 
     political committee' means a national committee of a 
     political party entitled to receive payments under section 
     9008 of the Internal Revenue Code of 1986 for a presidential 
     nominating convention.
       ``(b) Limits on Electioneering Advertising.--During the 
     matching payment period (as defined in section 9032(6) of the 
     Internal Revenue Code of 1986) and the expenditure report 
     period (as defined in section 9002(12) of such Code), an 
     eligible political committee shall not--
       ``(1) make disbursements for electioneering advertising in 
     connection with an individual seeking nomination for 
     election, or election, to the office of President or Vice 
     President except from funds that are subject to the 
     limitations, prohibitions, and reporting requirements of this 
     Act; or

[[Page S1019]]

       ``(2) transfer funds that are not subject to the 
     limitations, prohibitions, and reporting requirements of this 
     Act to a State, district, or local committee of a political 
     party that will be used to make disbursements for 
     electioneering advertising in connection with an individual 
     seeking nomination for election, or election, to the office 
     of President or Vice President.
       ``(c) Limitation of Coordinated and Independent 
     Expenditures.--In the case of an eligible political 
     committee, the limitation under section 315(d)(2) (relating 
     to coordinated expenditures by committees of a political 
     party) shall apply to the aggregate of expenditures, 
     disbursements for electioneering advertising, and independent 
     expenditures made by the national committee in connection 
     with a candidate for President of the United States.
       ``(d) Prohibition of Coordinated Disbursements.--During the 
     matching payment period (as defined in section 9032(6) of the 
     Internal Revenue Code of 1986) and the expenditure report 
     period (as defined in section 9002(12) of such Code), an 
     eligible political committee shall not participate in a 
     coordinated disbursement (as defined in section 9002(14) of 
     the Internal Revenue Code of 1986) with respect to an 
     individual seeking nomination for election, or election, to 
     the office of President or Vice President.
       ``(e) Prohibition of Certain Donations.--An eligible 
     political committee and any officer or agent acting on behalf 
     of such committee shall not solicit any funds for, or make or 
     direct any donation to, an organization that--
       ``(1) is exempt from taxation under section 501(a) of the 
     Internal Revenue Code of 1986 and is described in section 
     501(c) of such Code (or has submitted an application to the 
     Secretary of the Treasury for determination of tax-exemption 
     under such section), and
       ``(2) engages in any election-related activity, including, 
     but not limited to, voter registration, get-out-the-vote 
     activity, publication or distribution of a voter guide, or 
     making communications that are widely disseminated through a 
     broadcasting station, newspaper, magazine, outdoor 
     advertising facility, direct mailing, or any other type of 
     general public political advertising that clearly identify a 
     candidate or a political party.
       ``(f) Prohibition of Soft Money.--An eligible political 
     committee (including a national congressional campaign 
     committee of a political party), any officers or agents of 
     such committees, a State, district, or local committee of a 
     political party that has an eligible political committee 
     (including an entity that is directly or indirectly 
     established, financed, maintained, or controlled by a State, 
     district, or local committee of a political party and an 
     officer or agent acting on behalf of such committee or 
     entity) shall not solicit, receive, or direct to another 
     person a contribution, donation, or transfer of funds, or 
     spend any funds, in violation of section 324 of this Act.''.
       (b) Increased Contribution Limit.--Section 315(a)(1) of the 
     Federal Election Campaign Act of 1971 (2 U.S.C. 441a(a)(1)) 
     is amended--
       (1) in subparagraph (B), by striking ``or'' at the end;
       (2) in subparagraph (C)--
       (A) by inserting ``(other than a committee described in 
     subparagraph (D))'' after ``committee''; and
       (B) by striking the period at the end and inserting ``; 
     or''; and
       (3) by adding at the end the following:
       ``(D) to a political committee established and maintained 
     by a State committee of a political party that is entitled to 
     receive payments under section 9008 of the Internal Revenue 
     Code of 1986 for a Presidential nominating convention in any 
     calendar year that, in the aggregate, exceed $10,000.''.
       (c) Conforming Amendments.--
       (1) Federal election campaign act of 1971.--Section 
     315(d)(2) of the Federal Election Campaign Act of 1971 (2 
     U.S.C. 441a(d)(2)) is amended by striking ``The national 
     committee'' and inserting ``Subject to section 327(b), the 
     national committee''.
       (2) Internal revenue code of 1986.--Subsection (b) of 
     section 9008 of the Internal Revenue Code of 1986 (relating 
     to payments for presidential nominating conventions) is 
     amended--
       (A) in paragraph (1), by inserting ``and section 327 of the 
     Federal Election Campaign Act of 1971'' after ``section''; 
     and
       (B) in paragraph (2), by inserting ``and section 327 of the 
     Federal Election Campaign Act of 1971'' after ``section''.

     SEC. 703. REQUIRED DISCLAIMER FOR PRESIDENTIAL CANDIDATES.

       Section 318 of the Federal Election Campaign Act of 1971 (2 
     U.S.C. 441d) is amended by adding at the end the following:
       ``(c) Required Disclaimer for Presidential Candidates.--In 
     the case of an expenditure by a candidate for President or 
     Vice President eligible under section 9003 of the Internal 
     Revenue Code of 1986 or under section 9033 of the Internal 
     Revenue Code of 1986 to receive payments from the Secretary 
     of the Treasury for an advertisement that is broadcast by a 
     radio broadcast station or a television broadcast station or 
     communicated by direct mail, such advertisement shall contain 
     the following statement: `Federal law establishes voluntary 
     spending limits for candidates for President. This candidate 
     ____ agreed to abide by the limits.' (with the blank filled 
     in with `has' or `has not' as appropriate).''.

     SEC. 704. EFFECTIVE DATE.

       Except as otherwise provided in this title, this title and 
     the amendments made by this title take effect on the date 
     that is 30 days after the date of enactment of this title.

     SEC. 705. REGULATIONS.

       The Federal Election Commission and the Commissioner of the 
     Internal Revenue Code of 1986 shall--
       (1) promulgate regulations as necessary to enforce this 
     title; and
       (2) in the promulgation of regulations under paragraph (1), 
     provide an exception to any provision that the Commission or 
     Commissioner determines necessary to serve the public 
     interest.
                                 ______
                                 

                 McCAIN (AND OTHERS) AMENDMENT NO. 1663

  (Ordered to lie on the table.)
  Mr. McCAIN (for himself, Mr. Feingold, Ms. Collins, Mr. Torricelli, 
and Mr. Durbin) submitted an amendment intended to be proposed by them 
to amendment to the bill, S. 1663, supra; as follows:

       On page 53, after line 16, insert the following:
                   TITLE VII--SENATE VOLUNTARY OPTION

     SEC. 701. SENATE VOLUNTARY OPTION.

       (a) In General.--The Federal Election Campaign Act of 1971 
     is amended by adding at the end the following:
       ``TITLE V--VOLUNTARY OPTION FOR SENATE ELECTION CAMPAIGNS

     ``SEC. 501. DEFINITIONS.

       ``In this title:
       ``(1) Eligible senate candidate.--The term `eligible Senate 
     candidate' means a candidate who the Commission has certified 
     under section 505 as an eligible primary election Senate 
     candidate or as an eligible general election Senate 
     candidate.
       ``(2) Multicandidate political committee contribution 
     limit.--The term `multicandidate political committee 
     contribution limit' means, with respect to an eligible Senate 
     candidate, the limit applicable to the candidate under 
     section 502(f).
       ``(3) Out-of-state resident contribution limit.--The term 
     `out-of-State resident contribution limit' means, with 
     respect to an eligible Senate candidate, the limit applicable 
     to the candidate under section 502(e).
       ``(4) Personal funds expenditure limit.--The term `personal 
     funds expenditure limit' means, with respect to an eligible 
     Senate candidate, the limit applicable to the candidate under 
     section 503(a).
       ``(5) Small state.--The term `small State' means a State 
     with a voting age population not in excess of 1,500,000.

     ``SEC. 502. ELIGIBLE SENATE CANDIDATES.

       ``(a) In General.--A candidate is--
       ``(1) an eligible primary election Senate candidate if the 
     Commission certifies under section 505 that the candidate--
       ``(A) has met the primary election filing requirement of 
     subsection (b); and
       ``(B) has met the threshold contribution requirement of 
     subsection (d); and
       ``(2) an eligible general election Senate candidate if the 
     Commission certifies under section 505 that the candidate--
       ``(A) has met the general election filing requirement of 
     subsection (c); and
       ``(B) has been certified as an eligible primary election 
     Senate candidate.
       ``(b) Primary Election Filing Requirement.--
       ``(1) In general.--The requirement of this subsection is 
     met if the candidate files with the Commission a declaration 
     that the candidate and the candidate's authorized 
     committees--
       ``(A) will not exceed the personal funds expenditure limit; 
     and
       ``(B) will not accept contributions for the primary 
     election, any runoff election, or the general election that 
     would cause the candidate to exceed the out-of-State resident 
     contribution limit or the multicandidate political committee 
     contribution limit.
       ``(2) Deadline for filing primary election declaration.--
     The declaration under paragraph (1) shall be filed not later 
     than the date on which the candidate files with the 
     appropriate State officer as a candidate for the primary 
     election.
       ``(c) General Election Filing Requirement.--
       ``(1) In general.--The requirement of this subsection is 
     met if the candidate files with the Commission--
       ``(A) a declaration, with such supporting documentation as 
     the Commission may require, that--
       ``(i) the candidate and the candidate's authorized 
     committees--

       ``(I) did not exceed the personal funds expenditure limit; 
     and
       ``(II) did not accept contributions for the primary 
     election or any runoff election that caused the candidate to 
     exceed the out-of-State resident contribution limit or the 
     multicandidate political committee contribution limit; and

       ``(ii) the candidate has met the threshold contribution 
     requirement of subsection (d), as demonstrated by documents 
     accompanying the declaration under subsection (b) or the 
     declaration under this subsection; and
       ``(B) a declaration that the candidate and the candidate's 
     authorized committees--
       ``(i) will not make expenditures in excess of the personal 
     funds expenditure limit; and
       ``(ii) will not accept any contribution for the general 
     election to the extent that the contribution would cause the 
     candidate to

[[Page S1020]]

     exceed the out-of-State resident contribution limit or the 
     multicandidate political committee contribution limit.
       ``(2) Deadline for filing general election declaration.--
     The declaration under paragraph (1) shall be filed not later 
     than 7 days after the earlier of--
       ``(A) the date on which 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 on which the candidate wins the primary 
     or runoff election.
       ``(d) Threshold Contribution Requirement.--
       ``(1) In general.--The requirement of this subsection is 
     met--
       ``(A) if the candidate and the candidate's authorized 
     committees have received allowable contributions during the 
     applicable period in an amount not less than--
       ``(i) $100,000 in the case of a candidate seeking election 
     in a small State; or
       ``(ii) $250,000 in the case of any other candidate; and
       ``(B) the candidate files with the Commission a statement 
     under penalty of perjury that the requirement of subparagraph 
     (A) has been met, with supporting materials demonstrating 
     that the requirement has been met.
       ``(2) Definitions.--In this subsection:
       ``(A) Allowable contribution.--
       ``(i) In general.--The term `allowable contribution' means 
     a contribution that is made as a gift of money by an 
     individual pursuant to a written instrument identifying the 
     individual as the contributor.
       ``(ii) Exclusions.--The term `allowable contribution' does 
     not include a contribution from--

       ``(I) an individual residing outside the candidate's State 
     to the extent that acceptance of the contribution would bring 
     a candidate out of compliance with subsection (e);
       ``(II) a multicandidate political committee to the extent 
     that acceptance of the contribution would bring the candidate 
     out of compliance with subsection (f); or
       ``(III) a source described in section 503(a)(2).

       ``(B) Applicable period.--The term `applicable period' 
     means--
       ``(i) the period beginning on January 1 of the calendar 
     year preceding the calendar year of a general election and 
     ending on the date on which the declaration under subsection 
     (b) 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 on 
     which the vacancy in the office occurs and ending on the date 
     of the general election.
       ``(e) Out-of-State Resident Contribution Limit.--
       ``(1) Requirement.--
       ``(A) In general.--The requirement of this subsection is 
     met if more than 50 percent of the total amount of 
     contributions accepted by the candidate and the candidate's 
     authorized committees are from individuals who are legal 
     residents of the candidate's State.
       ``(B) Special rule for small states.--In the case of a 
     candidate seeking election in a small State, the requirement 
     of this subsection is met if, at the option of the 
     candidate--
       ``(i) more than 50 percent of the total amount of 
     contributions accepted by the candidate and the candidate's 
     authorized committees are from individuals who are legal 
     residents of the candidate's State; or
       ``(ii) more than 50 percent of the number of individuals 
     whose names are reported to the Commission as individuals 
     from whom the candidate and the candidate's authorized 
     committees accept contributions are legal residents of the 
     candidate's State.
       ``(2) Personal funds.--For purposes of paragraph (1), 
     amounts consisting of funds from sources described in section 
     503(a)(2) shall be treated as contributions from individuals 
     residing outside the candidate's State.
       ``(3) Time for meeting requirement.--The requirements of 
     paragraph (1) must be met by an eligible Senate candidate as 
     of the close of each reporting period under section 304.
       ``(4) Reporting requirements.--In addition to information 
     required to be reported under section 304, a candidate that 
     elects to comply with the requirements of paragraph 
     (1)(B)(ii) shall include in each report required to be filed 
     under section 304 the name and address of and the amount of 
     contributions made by each individual that, during the 
     calendar year in which the reporting period occurs, makes 
     contributions aggregating $20 or more.
       ``(f) Multicandidate Political Committee Contribution 
     Limit.--The requirement of this subsection is met if the 
     candidate and the candidate's authorized committees do not 
     accept, for use in connection with a primary, runoff, or 
     general election, a contribution from a multicandidate 
     political committee, to the extent that the making or 
     accepting of the contribution would cause the aggregate 
     amount of contributions received by the candidate and the 
     candidate's authorized committees from multicandidate 
     political committees to exceed 25 percent of the aggregate 
     contributions received by such candidate and committees from 
     all sources.

     ``SEC. 503. PERSONAL FUNDS EXPENDITURE LIMIT.

       ``(a) Limit.--
       ``(1) In general.--The amount of expenditures that may be 
     made by an eligible Senate candidate or the candidate's 
     authorized committees in connection with a primary, runoff, 
     or general election of the candidate from the sources 
     described in paragraph (2) shall not exceed, in aggregate for 
     each such election--
       ``(A) in the case of an eligible Senate candidate seeking 
     election in a small State, $25,000 per election; or
       ``(B) in the case of any other eligible Senate candidate, 
     $50,000 per election.
       ``(2) Sources.--A source is described in this paragraph if 
     the source is--
       ``(A) personal funds of the candidate and members of the 
     candidate's immediate family; or
       ``(B) proceeds of indebtedness incurred by the candidate or 
     a member of the candidate's immediate family.
       ``(b) Notice of Failure To Comply With Requirements.--A 
     candidate who filed a declaration under section 502 and 
     subsequently acts in a manner that is inconsistent with any 
     of the statements made in the declaration shall, not later 
     than 24 hours after the first of the acts--
       ``(1) file with the Commission a notice describing those 
     acts; and
       ``(2) notify all other candidates for the same office by 
     sending a copy of the notice by certified mail, return 
     receipt requested.

     ``SEC. 504. BENEFIT FOR ELIGIBLE CANDIDATES.

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

     ``SEC. 505. CERTIFICATION BY COMMISSION.

       ``(a) In General.--The Commission shall determine whether a 
     candidate has met the requirements of this title and, based 
     on the determination, issue a certification stating whether 
     the candidate is an eligible Senate candidate entitled to 
     receive benefits under this title.
       ``(b) Certification.--
       ``(1) Primary election.--Not later than 7 business days 
     after a candidate files a declaration under section 502(b), 
     the Commission shall determine whether the candidate meets 
     the eligibility requirements of section 502(b)(1) and, if so, 
     certify that the candidate is an eligible primary election 
     Senate candidate entitled to receive a benefit under this 
     title.
       ``(2) General election.--Not later than 7 business days 
     after a candidate files a declaration under section 502(c), 
     the Commission shall determine whether the candidate meets 
     the eligibility requirement of section 502(c)(1), and, if so, 
     certify that the candidate is an eligible general election 
     Senate candidate entitled to receive a benefit under this 
     title.
       ``(c) Revocation.--
       ``(1) In general.--The Commission shall revoke a 
     certification under subsection (a), based on information 
     submitted in such form and manner as the Commission may 
     require or on information that comes to the Commission by 
     other means, if the Commission determines that a candidate 
     fails to continue to meet the requirements of this title.
       ``(2) No further benefit.--A candidate whose certification 
     has been revoked shall be ineligible for any further benefit 
     made available under this title for the duration of the 
     election cycle.
       ``(d) 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 506 and to judicial 
     review.

     ``SEC. 506. PENALTIES.

       ``(a) Misuse of Benefits.--If the Commission revokes the 
     certification of an eligible Senate candidate, the Commission 
     shall so notify the candidate, and the candidate shall pay to 
     the provider of any benefit received by the candidate under 
     this title an amount equal to the difference between the 
     amount the candidate paid for such benefit and the amount the 
     candidate would have paid for the benefit if the candidate 
     were not an eligible Senate candidate.
       ``(b) Civil Penalties for Exceeding Limits.--Any eligible 
     Senate candidate who makes expenditures in excess of the 
     personal funds expenditure limit, or receives contributions 
     in excess of the out-of-State resident contribution limit or 
     the multicandidate political committee contribution limit, 
     shall pay to the Commission as a civil penalty an amount 
     equal to--
       ``(1) the amount of the excess if the excess does not 
     exceed 5 percent of the limit,
       ``(2) 3 times the amount of the excess if the excess 
     exceeds 5 percent but does not exceed 10 percent of the 
     limit, and
       ``(3) if the excess exceeds 10 percent of the limit, the 
     sum of 3 times the amount of the excess plus a civil penalty 
     to be imposed pursuant to section 309.''
       (b) Expenditures Made Before Effective Date.--An 
     expenditure shall not be counted as an expenditure for 
     purposes of the expenditure limits contained in the amendment 
     made by subsection (a) if the expenditure is made before the 
     date that is 60 days after the date of enactment of this Act.

     SEC. 702. 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 charges'' and inserting the 
     following:
       ``(b) Broadcast Media Rates.--
       ``(1) In general.--Except as provided in paragraph (2), the 
     charges'';
       (2) by redesignating paragraphs (1) and (2) as 
     subparagraphs (A) and (B), respectively, and adjusting the 
     margins accordingly;

[[Page S1021]]

       (3) in paragraph (1)(A) (as redesignated by paragraph 
     (2))--
       (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:
       ``(2) Senate candidates.--
       ``(A) Eligible senate candidates.--In the case of an 
     eligible Senate candidate (as defined in section 501 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 charge described in paragraph 
     (1)(B).
       ``(B) Noneligible senate candidates.--In the case of a 
     candidate for the United States Senate who is not an eligible 
     Senate candidate, paragraph (1)(A) shall not apply.''.
       (b) Preemption; Access.--Section 315 of the Communications 
     Act of 1934 (47 U.S.C. 315) is amended--
       (1) by redesignating subsections (c) and (d) as subsections 
     (d) and (e), respectively; and
       (2) by inserting after subsection (b) the following:
       ``(c) 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 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 the date that is 60 days after the date 
     of enactment of this Act.

     SEC. 703. REPORTING REQUIREMENT FOR ELIGIBLE SENATE 
                   CANDIDATES.

       Section 304(b)(2) of the Federal Election Campaign Act of 
     1971 (2 U.S.C. 434(b)(2)) is amended--
       (1) by striking ``and'' at the end of subparagraph (J);
       (2) by striking the period at the end of subparagraph (K) 
     and inserting ``; and''; and
       (3) by adding at the end the following:
       ``(L) in the case of an eligible Senate candidate, the 
     total amount of contributions from individuals who are 
     residents of the State in which the candidate seeks 
     office.''.
                                 ______
                                 

                    DURBIN AMENDMENTS NOS. 1664-1666

  (Ordered to lie on the table.)
  Mr. DURBIN submitted three amendments intended to be proposed by him 
to amendment No. 1646 proposed by Mr. McCain to the bill, S. 1663, 
supra; as follows:

                           Amendment No. 1664

       In section 324(d) of the Federal Election Campaign Act of 
     1971 (as added by section 101 of the amendment), strike 
     ``donations'' and insert ``donation or loan of money or other 
     thing of value''.
                                                                    ____


                           Amendment No. 1665

       On page 49, beginning on line 20, strike ``donation'' and 
     all that follows through ``donation'' on line 22 and insert 
     ``donation or loan of money or other thing of value, or to 
     promise expressly or impliedly to make a donation or loan''.
                                                                    ____


                           Amendment No. 1666

       At the appropriate place, insert the following:

     SEC. ____. CITIZENSHIP STATUS OF CONTRIBUTORS.

       (a) Provision of Names of Individuals Who Lose United 
     States Citizenship.--
       (1) In General.--Notwithstanding any other provision of 
     law, not later than 15 days after the end of a calendar 
     quarter--
       (A) the Secretary of State shall provide to the Federal 
     Election Commission the name of each individual that loses 
     United States citizenship during the calendar quarter by an 
     act referred to in paragraph (2); and
       (B) the Federal agency primarily responsible for 
     administering the immigration laws shall provide to the 
     Federal Election Commission the name of each individual that 
     has had the status of having been lawfully accorded the 
     privilege of residing permanently in the United States as an 
     immigrant in accordance with the immigration laws revoked or 
     administratively or judicially determined to be abandoned 
     during the calendar quarter.
       (2) Loss of citizenship.--An act is referred to in this 
     paragraph if--
       (A) an individual renounces United States nationality 
     before a diplomatic or consular officer of the United States 
     pursuant to paragraph (5) of section 349(a) of the 
     Immigration and Nationality Act (8 U.S.C. 1481(a)(5));
       (B) an individual furnishes to the United States Department 
     of State a signed statement of voluntary relinquishment of 
     United States nationality confirming the performance of an 
     act of expatriation specified in paragraph (1), (2), (3), or 
     (4) of section 349(a) of the Immigration and Nationality Act 
     (8 U.S.C. 1481(a)(1)-(4));
       (C) the United States Department of State issues a 
     certificate of loss of nationality to an individual; or
       (D) a court of the United States cancels a naturalized 
     citizen's certificate of naturalization.
       (3) Transition rule.--For purposes of individuals described 
     in paragraph (1) that lose United States citizenship status 
     or lawful permanent resident status prior to the date of 
     enactment of this Act, the Secretary of State and the Federal 
     agency primarily responsible for administering the 
     immigration laws shall--
       (A) not later than 180 days after the date of enactment of 
     this Act, provide the Federal Election Commission the names 
     of such individuals that lose such status during the time 
     period beginning on the date that is 5 years before the date 
     of enactment of this Act and ending on the date on which the 
     first calendar quarter for which this section becomes 
     effective begins; and
       (B) not later than 1 year after the date of enactment of 
     this Act, provide the Federal Election Commission the names 
     of such individuals that have not been previously provided 
     under subparagraph (A) for which the Secretary of State and 
     Federal agency have available records.
       (b) Availability of Names.--Section 319 of the Federal 
     Election Campaign Act of 1971 (2 U.S.C. 441e) is amended by 
     adding at the end the following:
       ``(c) Availability of Names of Individuals Who Lose United 
     States Citizenship.--
       ``(1) In general.--Notwithstanding any other provision of 
     law, the Commission shall make available the name of each 
     individual losing United States citizenship or lawful 
     permanent resident status during a calendar quarter with 
     respect to whom the Commission receives information from the 
     Secretary of State or the Federal agency primarily 
     responsible for administering the immigration laws to persons 
     required to file reports, statements, or designations under 
     this Act for the purpose of ensuring compliance with section 
     319, not later than the date that is 30 days after the date 
     of receipt of such information.
       ``(2) Electronically available.--The Commission shall make 
     the names available on the Internet for persons required to 
     file reports, statements, or designations under this Act.''.
       (c) Effective Date.--This section and the amendments made 
     by this section shall apply to calendar quarters that begin 
     on or after the date of enactment of this Act.

     SEC. ____. CITIZENSHIP STATUS OF CONTRIBUTORS.

       (a) Affirmation of Contributor Citizenship Status.--Section 
     301(13) of the Federal Election Campaign Act of 1971 (2 
     U.S.C. 431(13)) is amended--
       (1) in subparagraph (A)--
       (A) by striking ``and'' the first place it appears; and
       (B) by inserting ``, an affirmative statement by the 
     individual of the citizenship or lawful permanent residency 
     status of the individual, and an affirmation by the 
     individual that the individual is an individual who is not 
     prohibited by section 319 from making a contribution'' after 
     ``employer'';
       (2) in subparagraph (B), by inserting ``and an affirmation 
     by the person that the person is a person that is not 
     prohibited by section 319 from making a contribution'' after 
     ``such person''.
       (b) Solicitation of Contributions From Foreign Nationals.--
       (1) Affirmation of political committee.--Section 304(b) of 
     the Federal Election Campaign Act of 1971 (2 U.S.C. 434(b)) 
     is amended--
       (A) in paragraph (7), by striking ``and'' at the end;
       (B) in paragraph (8), by striking the period at the end and 
     inserting ``; and''; and
       (C) by adding at the end the following:
       ``(9) an affirmation that the reporting person has not 
     knowingly solicited or accepted a contribution from a person 
     prohibited from making such contribution.''.
       (2) Required disclaimer on solicitations.--Section 318 of 
     the Federal Election Campaign Act of 1971 (2 U.S.C. 441d) (as 
     amended by section 308) is amended by adding at the end the 
     following:
       ``(f) A communication described in subsection (a) shall 
     contain a statement explaining that individuals who are 
     foreign nationals (as defined in section 319) are prohibited 
     from making contributions.''.
       (c) Clarification of Definition of Foreign National.--
     Section 319(b)(2) of the Federal Election Campaign Act of 
     1971 (2 U.S.C. 441e(b)(2)) is amended by inserting 
     ``(including an individual that has lost United States 
     citizenship)'' after ``United States''.
                                 ______
                                 

                        REED AMENDMENT NO. 1667

  (Ordered to lie on the table.)
  Mr. REED submitted an amendment intended to be proposed by him to an

[[Page S1022]]

amendment to the bill, S. 1663, supra; as follows:
       At the appropriate place, insert the following:

     SEC. ____. CONTRIBUTION LIMIT FOR POLITICAL PARTIES MAKING 
                   INDEPENDENT EXPENDITURES.

       Section 315(a) of Federal Election Campaign Act of 1971 (2 
     U.S.C. 441a(a)) is amended--
       (1) in paragraph (1)(B), by striking ``which, in the 
     aggregate, exceed $20,000'' and inserting ``that--
       ``(i) in the case of any political committee established 
     and maintained by a national political party that certifies 
     under subsection (d)(4) that it will not make independent 
     expenditures in connection with the general election campaign 
     of any candidate, in the aggregate, exceed $20,000; or
       ``(ii) in the case of any political committee established 
     and maintained by a national political party that does not 
     certify under subsection (d)(4) that it will not make 
     independent expenditures in connection with the general 
     election campaign of any candidate, in the aggregate, exceed 
     $5,000''; and
       (2) in paragraph (2)(B), by striking ``which, in the 
     aggregate, exceed $15,000'' and inserting ``that--
       ``(i) in the case of a political committee established and 
     maintained by a national political party that certifies under 
     subsection (d)(4) that it will not make independent 
     expenditures in connection with the general election campaign 
     of any candidate, in the aggregate, exceed $15,000; or
       ``(ii) in the case of a political committee established and 
     maintained by a national political party that does not 
     certify under subsection (d)(4) that it will not make 
     independent expenditures in connection with the general 
     election campaign of any candidate, in the aggregate, exceed 
     $5,000''.
                                 ______
                                 

                  TORRICELLI AMENDMENTS NOS. 1668-1669

  (Ordered to lie on the table.)
  Mr. TORRICELLI submitted two amendments intended to be proposed by 
him to amendment No. 1646 proposed by Mr. McCain to the bill, S. 1663, 
supra; as follows:

                           Amendment No. 1668

       On page 53, strike lines 14 through 21 and insert the 
     following:

     SEC. 601. SEVERABILITY.

       (a) In General.--Except as provided in subsection (b), if 
     any provision of this Act or amendment made by this Act, or 
     the application of any provision or amendment to any person 
     or circumstance, is held invalid, the holding shall not 
     affect--
       (1) the other provisions of this Act and amendments made by 
     this Act; or
       (2) the application of the provisions of this Act and 
     amendments made by this Act to other persons and 
     circumstances.
       (b) Exception.--If any part of paragraph (20) of section 
     301 of the Federal Election Campaign Act of 1971 (as added by 
     section 201), or the application of any part of that 
     paragraph to any person or circumstance, is held invalid, 
     section 324 of the Federal Election Campaign Act of 1971 (as 
     added by section 101) shall be of no effect.
                                                                    ____


                           Amendment No. 1669

       At the appropriate place in the bill, insert the following:

     SEC.   . BROADCAST MEDIA RATES FOR CANDIDATES

       Section 315(b) of the Communications Act (47 U.S.C. 
     315(b)(1)) is amended by--
       (1) by striking paragraph (1) and inserting the following:
     ``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:
     (A) 50 percent of the normal unit rate, if candidate appears 
     in 75% of the duration of the advertisement; or
     (B) 25 percent of the normal unit rate, if the candidate 
     appears in 100% of the duration of the advertisement.''
                                 ______
                                 

                     TORRICELLI AMENDMENT NO. 1670

  (Ordered to lie on the table.)
  Mr. TORRICELLI submitted an amendment intended to be proposed by him 
to the bill, S. 1663, supra; as follows:

       At the appropriate place, insert:

     SEC. ____. ELECTIONEERING COMMUNICATIONS BY TAX EXEMPT 
                   ORGANIZATIONS.

       (a) Prohibition on Electioneering Communications by Certain 
     Tax Exempt Organizations.--Section 501 of the Internal 
     Revenue Code of 1986 is amended by redesignating subsection 
     (p) as subsection (q) and by inserting after subsection (o) 
     the following new subsection:
       ``(p) Prohibition on Electioneering Communications.--
       ``(1) Denial of tax exemption.--An organization described 
     in paragraph (3) or (4) of subsection (c) shall be exempt 
     from tax under subsection (a) only if the organization does 
     not directly or indirectly disburse, or contract to disburse, 
     amounts for electioneering communications.
       ``(2) Electioneering communication.--For purposes of this 
     subsection, the term `electioneering communication' means a 
     communication which is broadcast on a television or radio 
     broadcast station and which advocates the election or defeat 
     of a candidate by--
       ``(A) containing a phrase such as `vote for', `re-elect', 
     `support', `cast your ballot for', `(name of candidate) for 
     Congress', `(name of candidate) in (calendar year)', `vote 
     against', `defeat', `reject', or a campaign slogan or words 
     that in context can have no reasonable meaning other than to 
     advocate the election or defeat of 1 or more clearly 
     identified candidates; or
       ``(B) referring to 1 or more clearly identified candidates 
     in a paid advertisement that is broadcast within--
       ``(i) 60 calendar days preceding the date of a general, 
     special, or runoff election, or
       ``(ii) 30 calendar days preceding the date of a primary 
     election or a convention or caucus of a political party which 
     has the authority to nominate a candidate,
     and that appears in the State in which the election is 
     occurring, except that with respect to a candidate for the 
     office of Vice President or President, the time period is 
     within 60 calendar days preceding the date of a general 
     election.
       ``(3) Construction.--Nothing in this subsection shall be 
     construed as authorizing an organization to take any action 
     which is otherwise prohibited by this title.''
       (b) Section 527 Organizations Required To Register as 
     Political Committee if Electioneering Communications Are 
     Made.--Section 301(4) of the Federal Election Campaign Act of 
     1971 is amended by striking ``or'' at the end of subparagraph 
     (B), by striking the period at the end of subparagraph (C) 
     and inserting ``; or'', and by adding at the end the 
     following new subparagraph:
       ``(D) any organization which--
       ``(i) is exempt from taxation under section 527 of the 
     Internal Revenue Code of 1986,
       ``(ii) has, at any time on or after the date of the 
     enactment of this subparagraph, directly or indirectly 
     disbursed, or contracted to disburse, any amount for any 
     electioneering communication (within the meaning of section 
     501(p)(2) of the Internal Revenue Code of 1986), and
       ``(iii) is not otherwise a political committee, a principal 
     campaign committee, an authorized committee, or a connected 
     organization.''
       (c) Effective Date.--The amendments made by this section 
     shall apply to disbursements made after the date of the 
     enactment of this Act, except that such amendments shall not 
     apply to disbursements made after such date pursuant to a 
     contract entered into on or before such date.

     SEC. ____. RETURN AND DISCLOSURE REQUIREMENTS RELATING TO 
                   SECTION 527 ORGANIZATIONS.

       (a) Return and Disclosure Requirements for Political 
     Organizations Claiming Exemption Under Section 527.--
       (1) Return requirements.--
       (A) Organizations required to file.--Section 6012(a)(6) of 
     the Internal Revenue Code of 1986 (relating to political 
     organizations required to make returns of income) is amended 
     by inserting ``or which has gross receipts of $100,000 or 
     more for the taxable year'' after ``taxable year''.
       (B) Information required to be included on return.--Section 
     6012 of such Code is amended by redesignating subsection (e) 
     as subsection (f) and by inserting after subsection (d) the 
     following new subsection:
       ``(e) Returns of Political Organizations.--Every 
     organization required to file a return under subsection 
     (a)(6) for a taxable year shall include with the return 
     information setting forth--
       ``(1) its gross income for the year,
       ``(2) its expenses attributable to such income,
       ``(3) its receipts and disbursements within the year which 
     are taken into account in determining its exempt function 
     income,
       ``(4) a balance sheet showing its assets, liabilities, and 
     net worth as of the beginning of the year,
       ``(5) the total of the gifts and contributions received by 
     it during the year, and the names and addresses of all 
     substantial contributors (within the meaning of section 
     6033(b)),
       ``(6) the names and addresses of its officers and highly 
     compensated employees,
       ``(7) the compensation and other payments made during the 
     year to each individual described in paragraph (6), and
       ``(8) such other information as the Secretary may require 
     to carry out the internal revenue laws.''
       (2) Public disclosure of returns.--
       (A) Returns made available by secretary.--Section 6104(b) 
     of the Internal Revenue Code of 1986 (relating to inspection 
     of annual information returns) is amended by inserting 
     ``6012(a)(6),'' before ``6033''.
       (B) Returns made available by organizations.--
       (i) In general.--Section 6104(e)(1) of such Code (relating 
     to public inspection of annual returns) is amended by 
     inserting ``or section 6012(a)(6) (relating to returns by 
     political organizations)'' after ``organizations)''.
       (ii) Conforming amendment.--Section 6104(e)(1)(B) of such 
     Code (relating to organizations to which paragraph applies) 
     is amended to read as follows:
       ``(B) Organizations to which paragraph applies.--This 
     paragraph shall apply to--
       ``(i) any organization which--

       ``(I) is described in subsection (c) or (d) of section 501 
     and exempt from taxation under section 501(a), and
       ``(II) is not a private foundation (within the meaning of 
     section 509(a)), and

       ``(ii) an organization exempt from taxation under section 
     527(a).''

[[Page S1023]]

       (3) Effective date.--The amendments made by this subsection 
     shall apply to returns for taxable years beginning after 
     December 31, 1997.
       (b) Applications for Recognition of Section 527 Status.--
       (1) In general.--Section 527 of the Internal Revenue Code 
     of 1986 (relating to political organizations) is amended by 
     adding at the end the following new subsection:
       ``(i) New Organizations Must Notify Secretary That They Are 
     Applying for Recognition of Section 527 Status.--
       ``(1) In general.--Except as provided in paragraph (3), an 
     organization organized after February 28, 1998, shall not be 
     treated as an organization described in this section--
       ``(A) unless it has given notice to the Secretary, in such 
     manner as the Secretary may prescribe, that it is applying 
     for recognition of such status, or
       ``(B) for any period before the giving of the notice, if 
     the notice is given after the time prescribed by the 
     Secretary by regulations for giving notice under this 
     paragraph.
       ``(2) Effect of failure.--In the case of an organization 
     failing to meeting the requirements of paragraph (1) for any 
     period--
       ``(A) the taxable income of such organization shall be 
     computed by taking into account any exempt function income 
     (and any deductions directly connected with the production of 
     such income), and
       ``(B) section 2501(a)(5) shall apply to the organization in 
     the same manner as if it were a political organization to 
     which this section applies.
       ``(3) Exceptions.--This subsection shall not apply to any 
     organization--
       ``(A) to which this section applies solely by reason of 
     subsection (f), or
       ``(B) the gross receipts of which in each taxable year are 
     normally not more than $5,000.''
       (2) Disclosure requirements.--
       (A) Inspection at internal revenue service offices.--
     Section 6104(a)(1)(A) of the Internal Revenue Code of 1986 
     (relating to public inspection of applications) is amended--
       (i) by inserting ``or a political organization is exempt 
     from taxation under section 527 for any taxable year'' after 
     ``taxable year'',
       (ii) by inserting ``or 527(a)'' after ``exemption under 
     section 501(a)'',
       (iii) by inserting ``for exemption from taxation under 
     section 501(a)'' after ``any organization'' in the last 
     sentence, and
       (iv) by inserting ``or 527'' after ``section 501'' in the 
     heading.
       (B) Inspection by committee of congress.--Section 
     6104(a)(2) of such Code is amended by inserting ``or a 
     political organization which is exempt from taxation under 
     section 527 for any taxable year'' after ``taxable year''.
       (C) Public inspection made available by organization.--
     Section 6104(e)(2)(A) of such Code is amended--
       (i) by inserting ``or an organization is exempt from 
     taxation under section 527'' after ``section 501(a)'' in 
     clause (i), and
       (ii) by inserting ``or 527'' after ``section 501'' in 
     clause (ii).
       (3) Effective date.--The amendments made by this subsection 
     shall apply to organizations organized after February 28, 
     1998.
       (c) Disclosure to Federal Election Commission.--
       (1) In general.--Section 6104 of the Internal Revenue Code 
     of 1986 is amended by adding at the end the following new 
     subsection:
       ``(f) Disclosure of Political Organization Information to, 
     and by, the Federal Election Commission.--
       ``(1) In general.--The Secretary shall disclose to the 
     Federal Election Commission any information required to be 
     made available to the public under subsection (a) or (b) with 
     respect to a political organization exempt from taxation 
     under section 527. The Federal Election Commission shall make 
     such information available to the public in the same manner 
     as other reports required to be filed with the Commission.
       ``(2) Coordination of disclosure.--The Secretary may 
     provide that disclosure by the Federal Election Commission 
     under paragraph (1) is in lieu of disclosure by the Secretary 
     under subsection (a) or (b) if the Secretary determines such 
     action will not result in lack of full disclosure to the 
     public.''
       (2) Effective date.--The amendment made by this subsection 
     shall apply to information required to be made available to 
     the public on and after the 90th day following the date of 
     enactment of this Act.
                                 ______
                                 

                  FEINSTEIN AMENDMENTS NOS. 1671-1673

  (Ordered to lie on the table.)
  Mrs. FEINSTEIN submitted three amendments intended to be proposed by 
her to amendment to the bill, S. 1663, supra; as follows:

                           Amendment No. 1671

       At the appropriate place, insert the following:

     SEC. ____. MODIFICATION OF CONTRIBUTION LIMITS IN RESPONSE TO 
                   EXPENDITURES FROM PERSONAL FUNDS.

       (a) Modification of Contribution Limits in Response to 
     Expenditures From Personal Funds.--Section 315 of the Federal 
     Election Campaign Act of 1971 (2 U.S.C. 441a) is amended--
       (1) in subsection (a)(1), by striking ``No person'' and 
     inserting ``Except as provided in subsection (i), no 
     person'';
       (2) in subsection (a)(2), by striking ``No multicandidate'' 
     and inserting ``Except as provided in subsection (i), no 
     multicandidate''; and
       (3) by adding at the end the following:
       ``(i) Increase in Limits To Allow Response to Expenditures 
     From Personal Funds.--
       ``(1) In general.--In the case of a nomination for election 
     to, or election to, the Senate or House of Representatives, 
     the limits under paragraphs (1)(A) and (2)(A) of subsection 
     (a) for any calendar year shall be 3 times the limit 
     determined without regard to this section until such time as 
     the aggregate contributions accepted under the increased 
     limits of this paragraph exceed the personal funds amount for 
     a candidate.
       ``(2) Personal funds amount.--The personal funds amount is 
     an amount equal to the excess (if any) of--
       ``(A) the greatest aggregate amount of expenditures from 
     personal funds (as defined in section 304(a)(6)(B)) in excess 
     of $25,000 that an opposing candidate in the same election 
     makes; over
       ``(B) the aggregate amount of expenditures from personal 
     funds made by the candidate in the election.''.
       (b) Notification of Expenditures From Personal Funds.--
     Section 304(a)(6) of the Federal Election Campaign Act of 
     1971 (2 U.S.C. 434(a)(6)) is amended--
       (1) by redesignating subparagraph (B) as subparagraph (D); 
     and
       (2) by inserting after subparagraph (A) the following:
       ``(B) Notification of Expenditure From Personal Funds.--
       ``(i) Definition of expenditures from personal funds.--In 
     this subparagraph, the term `expenditures from personal 
     funds' means--
       ``(I) an expenditure made by a candidate using personal 
     funds; and
       ``(II) a contribution made by a candidate using personal 
     funds to the candidate's authorized committee.
       ``(ii) Initial notification.--Not later than 24 hours after 
     a candidate seeking nomination for election to, or election 
     to, the Senate or House of Representatives makes or obligates 
     to make an aggregate amount of expenditure from personal 
     funds in excess of $25,000 in connection with any election, 
     the candidate shall file a notification stating the amount of 
     the expenditure with--
       ``(I) the Commission; and
       ``(II) each candidate in the same election.
       ``(iii) Additional notification.--After a candidate files 
     an initial notification under clause (ii), the candidate 
     shall file an additional notification each time expenditures 
     from personal funds are made or obligated to be made in an 
     aggregate amount of $5,000 with--
       ``(I) the Commission; and
       ``(II) each candidate in the same election.
       ``(iv) Contents.--A notification under clause (ii) or (iii) 
     shall include--
       ``(I) the name of the candidate and the office sought by 
     the candidate;
       ``(II) the date and amount of each expenditure; and
       ``(III) the total amount of expenditures from personal 
     funds that the candidate has made, or obligated to make, with 
     respect to an election as of the date of the expenditure that 
     is the subject of the notification.''.
       (c) Definitions.--Section 301 of the Federal Election 
     Campaign Act of 1971 (2 U.S.C. 431) (as amended by section 
     307(b)) is amended by adding at the end the following:
       ``(22) Election Cycle.--The term `election cycle' means the 
     period beginning on the day after the date of the most recent 
     general election for the specific office or seat that a 
     candidate is seeking and ending on the date of the next 
     general election for that office or seat.
       ``(23) Personal Funds.--The term `personal funds' means an 
     amount that is derived from--
       ``(A) any asset that, under applicable State law, at the 
     time the individual became a candidate, the candidate had 
     legal right of access to or control over, and with respect to 
     which the candidate had--
       ``(i) legal and rightful title; or
       ``(ii) an equitable interest;
       ``(B) income received during the current election cycle of 
     the candidate, including--
       ``(i) a salary and other earned income from bona fide 
     employment;
       ``(ii) dividends and proceeds from the sale of the 
     candidate's stocks or other investments;
       ``(iii) bequests to the candidate;
       ``(iv) income from trusts established before the beginning 
     of the election cycle;
       ``(v) income from trusts established by bequest after the 
     beginning of the election cycle of which the candidate is the 
     beneficiary;
       ``(vi) gifts of a personal nature that had been customarily 
     received by the candidate prior to beginning of the election 
     cycle; and
       ``(vii) proceeds from lotteries and similar legal games of 
     chance; and
       ``(C) a portion of assets that are jointly owned by the 
     candidate and the candidate's spouse equal to the candidate's 
     share of the asset under the instrument of conveyance or 
     ownership but if no specific share is indicated by an 
     instrument of conveyance or ownership, the value of \1/2\ of 
     the property.''.
                                                                    ____


                           Amendment No. 1672

       At the appropriate place, insert the following:

[[Page S1024]]

     SEC. ____. PROHIBITION OF CONTRIBUTIONS BY INDIVIDUALS NOT 
                   QUALIFIED TO REGISTER TO VOTE.

       (a) Prohibition.--Section 319 of the Federal Election 
     Campaign Act of 1971 (2 U.S.C. 441e) (as amended by section 
     506) is amended--
       (1) in the heading by adding ``and individuals not 
     qualified to register to vote'' at the end; and
       (2) by adding at the end the following:
       ``(c) Individuals not qualified to register to vote.--It 
     shall be unlawful for an individual who is not qualified to 
     register to vote in a Federal election to make a 
     contribution, or to promise expressly or impliedly to make a 
     contribution, in connection with a Federal election; or for 
     any person to solicit, accept, or receive a contribution in 
     connection with a Federal election from an individual who is 
     not qualified to register to vote in a Federal election.''.
       (b) Inclusion in Definition of Identification.--Section 
     301(13) of the Federal Election Campaign Act of 1971 (2 
     U.S.C. 431(13)) is amended--
       (1) in subparagraph (A)--
       (A) by striking ``and'' the first place it appears; and
       (B) by inserting ``, and an affirmation that the individual 
     is an individual who is not prohibited by section 319 from 
     making a contribution'' after ``employer''; and
       (2) in subparagraph (B) by inserting ``and an affirmation 
     that the person is a person that is not prohibited by section 
     319 from making a contribution'' after ``such person''.
                                                                    ____


                           Amendment No. 1673

       At the appropriate place, insert the following:

     SEC. ____. PROHIBITION OF CORPORATE AND LABOR DISBURSEMENTS 
                   FOR ELECTIONEERING COMMUNICATIONS.

       (a) In General.--Section 316(b)(2) of the Federal Election 
     Campaign Act of 1971 (2 U.S.C. 441b(b)(2)) is amended by 
     inserting ``or for any applicable electioneering 
     communication'' before ``, but shall not include''.
       (b) Applicable Electioneering Communication.--Section 316 
     of such Act is amended by adding at the end the following new 
     subsection:
       ``(c) Rules Relating to Electioneering Communications.--
       ``(1) Applicable electioneering communication.--For 
     purposes of this section, the term `applicable electioneering 
     communication' means an electioneering communication (within 
     the meaning of paragraph (3)) which is made by any entity to 
     which subsection (a) applies.
       ``(2) Special operating rule.--For purposes of paragraph 
     (1), an electioneering communication shall be treated as made 
     by an entity described in paragraph (1) if--
       ``(A) the entity described in paragraph (1) directly or 
     indirectly disburses any amount for any of the costs of the 
     communication; or
       ``(B) any amount is disbursed for the communication by a 
     corporation or organization or a State or local political 
     party or committee thereof that receives anything of value 
     from the entity described in paragraph (1), except that this 
     clause shall not apply to any communication the costs of 
     which are defrayed entirely out of a segregated account to 
     which only individuals can contribute.
       ``(3) Definitions and rules.--For purposes of this 
     subsection--
       ``(A) Electioneering communication.--
       ``(i) In general.--The term `electioneering communication' 
     means any broadcast from a television or radio broadcast 
     station which--

       ``(I) refers to a clearly identified candidate for Federal 
     office;
       ``(II) is made (or scheduled to be made) within--

       ``(aa) 60 days before a general, special, or runoff 
     election for such Federal office, or
       ``(bb) 30 days before a primary or preference election, or 
     a convention or caucus of a political party that has 
     authority to nominate a candidate, for such Federal office, 
     and

       ``(III) is broadcast from a television or radio broadcast 
     station whose audience includes the electorate for such 
     election, convention, or caucus.

       ``(ii) Exceptions.--Such term shall not include--

       ``(I) communications appearing in a news story, commentary, 
     or editorial distributed through the facilities of any 
     broadcasting station, unless such facilities are owned or 
     controlled by any political party, political committee, or 
     candidate, or
       ``(II) communications which constitute expenditures or 
     independent expenditures under this Act.

       ``(B) Making of a disbursement.--A person shall be treated 
     as having made a disbursement if the person has contracted to 
     make the disbursement.
       ``(4) Coordination with internal revenue code.--Nothing in 
     this subsection shall be construed to authorize an 
     organization exempt from taxation under section 501(a) of the 
     Internal Revenue Code of 1986 from carrying out any activity 
     which is prohibited under such Code.''
                                 ______
                                 

                        LOTT AMENDMENT NO. 1674

  Mr. LOTT proposed an amendment to amendment No. 1646 proposed by Mr. 
McCain to the bill, S. 1663, supra; as follows:

       Strike section 601 and insert the following:

     SEC. 600. ELECTIONEERING COMMUNICATIONS.

       (a) Prohibition.--None of the funds appropriated or 
     otherwise made available to the Federal Communications 
     Commission may be expended to impose or enforce any 
     requirement or obligation with respect to the provision of 
     free or discounted television broadcast time for campaign 
     advertising unless such requirement or obligation is 
     specifically and expressly authorized by title III of the 
     Communication Act of 1934.

     SEC. 601. SEVERABILITY.

       If any provision of this Act or amendment made by this Act, 
     or the application of a provision or amendment to any person 
     or circumstance, is held to be unconstitutional, the 
     remainder of this Act, and the application of the provisions 
     and amendment to any person or circumstance, shall not be 
     affected by the holding.
                                 ______
                                 

                        LOTT AMENDMENT NO. 1675

  Mr. LOTT proposed an amendment to amendment No. 1674 proposed by him 
to the bill, S. 1663 supra; as follows:

       Strike all after the first word, and insert the following:

     SEC. 600. ELECTIONEERING COMMUNICATIONS.

       (a)  Prohibition.--None of the funds appropriated or 
     otherwise made available to the Federal Communications 
     Commission may be expended to impose or enforce any 
     requirement or obligation with respect to the provision of 
     free or discounted television broadcast time for campaign 
     advertising unless such requirement or obligation is 
     specifically and expressly authorized by title III of the 
     Communication Act of 1934.
       (b) Effective Date.--This section shall take effect ten 
     days after enactment of this Act.

     SEC. 601. SEVERABILITY.

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

                          ____________________