[Congressional Record Volume 172, Number 49 (Wednesday, March 18, 2026)]
[Senate]
[Page S1214]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 4467. Mr. SANDERS submitted an amendment intended to be proposed 
by him to the bill S. 1383, to establish the Veterans Advisory 
Committee on Equal Access, and for other purposes; which was ordered to 
lie on the table; as follows:

       At the appropriate place, insert the following:

     SEC. __. LIMITATION ON CONTRIBUTIONS TO INDEPENDENT 
                   EXPENDITURE COMMITTEES.

       (a) Limitations.--Section 315(a)(1)(C) of the Federal 
     Election Campaign Act of 1971 (52 U.S.C. 30116(a)(1)(C)) is 
     amended by striking ``to any other political committee'' and 
     inserting ``to an independent expenditure committee or any 
     other political committee''.
       (b) Definition.--Section 301 of such Act (52 U.S.C. 30101) 
     is amended by adding at the end the following:
       ``(27) Independent expenditure committee.--
       ``(A) In general.--The term `independent expenditure 
     committee' means a political committee which--
       ``(i) makes independent expenditures aggregating $5,000 or 
     more during a calendar year; or
       ``(ii) makes contributions to other independent expenditure 
     committees aggregating $5,000 or more during a calendar year.
       ``(B) Treatment of separate accounts.--The term 
     `independent expenditure committee' includes an account of a 
     political committee which is established for the purpose of 
     making independent expenditures or contributions to other 
     committees making independent expenditures.''.
       (c) Effective Date.--The amendments made by this section 
     shall apply with respect to contributions and independent 
     expenditures made during the first calendar year which begins 
     after the date of the enactment of this Act and each 
     succeeding calendar year.
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