,,ii #aacth ,,congress #b;d ,session ,s4 #bdae ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,june #c1 #bjad ,mr4 ,cruz introduced the following bill2 which was read twice and referred to the ,committee on ,rules and ,administration ,a ,,bill ,to amend the ,federal ,election ,campaign ,act of #aiga to eliminate limitations on direct contributions to candidates1 to require disclosure of certain contributions within #bd hours of receipt1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,super,p,a,c ,elimination ,act of #bjad4 #b4 ,elimination of limitations on direct contributions to candidates 7a7 ,purpose ,the purpose of this section is to allow unlimited direct contributions by citizens and lawful permanent residents of the ,united ,states to candidates in ,federal elections4 7b7 ,elimination of limitation ,section #cae7;a7 of the ,federal ,election ,campaign ,act of #aiga 7#b ,u4,s4,c4 #dda;a7a77 is amended-- 7#a7 in paragraph 7#a7-- 7,a7 by striking subparagraph 7,a7 and redesignating subparagraphs 7,b71 7,c71 and 7,d7 as subparagraphs 7,a71 7,b71 and 7,c71 respectively2 and 7,b7 in subparagraph 7,b71 as redesignated by subparagraph 7,a71 by striking 7other than a committee described in subparagraph 7,d77 and inserting 7other than an authorized political committee of a candidate or a committee described in subparagraph 7,c772 7#b7 in paragraph 7#b7-- 7,a7 by striking subparagraph 7,a7 and redesignating subparagraphs 7,b7 and 7,c7 as subparagraphs 7,a7 and 7,b71 respectively2 and 7,b7 in subparagraph 7,b71 as redesignated by subparagraph 7,a71 by inserting 77other than an authorized political committee of a candidate7 after political committee2 and 7#c7 by striking paragraph 7#c74 7c7 ,conforming amendments 7#a7 ,section #cae7;a7 of such ,act 7#b ,u4,s4,c4 #dda;a7a77 is amended by striking paragraph 7#f74 7#b7 7,a7 ,section #cae7;c7 of such ,act 7#b ,u4,s4,c4 #dda;a7c77 is amended-- 7i7 by striking 7a77#a77;,b71 7a77#c71 in paragraph 7#a77;,b77i72 7ii7 by striking 1 7a77#a77;,b71 7a77#c71 in subparagraph 7#a77;,c72 and 7iii7 by striking 1 7a77#a77;,b71 7a77#c71 in paragraph 7#b77;,b77ii74 7,b7 ,section #cjd7;i77#c77;,b7 of such ,act 7#b ,u4,s4,c4 #dcd7;i77#c77;,b77 is amended by striking 1 7a77#a77;,b71 7a77#c714 7#c7 ,section #cbc7;e77#a77;,b77i7 of such ,act 7#b ,u4,s4,c4 #dda;i7e77#a77;,b77i77 is amended by striking contributions to candidates and political committees under paragraphs 7#a71 7#b71 and 7#c7 and inserting contributions to political committees under paragraphs 7#a7 and 7#b74 #c4 #bd-;hour notification required for all direct contributions to candidates ,section #cjd7;a77#f77;,a7 of the ,federal ,election ,campaign ,act of #aiga 7#b ,u4,s4,c4 #dcd7;a77#f77;,a77 is amended to read as follows3 7,a7 7i7 ,in general ,if a candidate receives an aggregate amount of contributions in excess of #bjj from any contributor during a calendar year1 the principal campaign committee of such candidate shall submit to the ,secretary or the ,commission1 and the ,secretary of ,state1 as appropriate1 in writing1 a notification containing the name of the candidate and office sought by the candidate1 the identification of the contributor1 and the date of the receipt and amount of the contribution4 7ii7 ,if1 at any time after a candidate is required to submit a notification under this subparagraph with respect to a contributor during a calendar year1 the candidate receives additional contributions from that contributor during that year1 the principal campaign committee of the candidate shall submit an additional notification under clause 7i7 with respect to such contributor4 7iii7 ,the principal campaign committee of the candidate shall submit the notification required under this subparagraph with respect to a contributor-- 7,i7 in the case of a notification described in clause 7i71 not later than #bd hours after the date on which the aggregate amount of contributions received from the contributor during the calendar year exceeds #bjj2 or 7,,ii7 in the case of an additional notification described in clause 7ii71 not later than #bd hours after the date of the contribution4 4 #d4 ,effective date ,the amendments made by this ,act shall apply to contributions made for elections occurring after the date of the enactment of this ,act4