,,ii #aac? ,,congress #b;d ,session ,s4 #beaf ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,june #bd1 #bjad ,mr4 ,:iteh\se 7= himself1 ,mr4 ,leahy1 ,mrs4 ,%ahe51 ,mr4 ,b5net1 ,mr4 ,k+1 ,mr4 ,udall ( ,new ,mexico1 ,mr4 ,frank51 ,mr4 ,s*um]1 ,mrs4 ,hagan1 ,mr4 ,h>k91 ,mr4 ,re$1 ,mrs4 ,gillibr&1 ,mrs4 ,box]1 ,mr4 ,br[n1 ,ms4 ,klobu*>1 ,ms4 ,hirono1 ,mr4 ,m>key1 ,mr4 ,johnson ( ,s\? ,dakota1 ,mr4 ,te/]1 ,ms4 ,/ab5[1 ,mr4 ,nelson1 ,mr4 ,c>d91 ,mr4 ,casey1 ,mr4 ,rockefell]1 ,mrs4 ,mc,caskill1 ,mr4 ,s&]s1 ,ms4 ,w>r51 ,mrs4 ,fe9/e91 ,mrs4 ,murray1 ,mr4 ,durb91 ,mr4 ,coons1 ,mr4 ,udall ( ,colorado1 ,mr4 ,m55dez1 ,mr4 ,begi*1 ,mr4 ,ka9e1 ,mr4 ,w>n]1 ,mr4 ,wal%1 ,ms4 ,baldw91 ,mr4 ,he9ri*1 ,mr4 ,c>p]1 ,mr4 ,blum5?al1 ,mr4 ,s*atz1 ,mr4 ,reid1 ,mr4 ,m]kley1 ,ms4 ,heitkamp1 ,mr4 ,man*91 ,mr4 ,murphy1 ,mr4 ,book]1 ,ms4 ,cantwell1 ,mr4 ,lev91 & ,ms4 ,l&rieu7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,rules & ,adm9i/ration ,a ,,bill ,to am5d ! ,f$]al ,election ,campaign ,act ( #aiga to provide = additional disclosure requirem5ts = corporations1 labor organizations1 ,sup] ,p,a,cs & o!r entities1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,democracy ,is ,/r5g!n$ by ,ca/+ ,light ,on ,sp5d+ 9 ,elections ,act ( #bjad or ! ,,disclose ,act ( #bjad4 #b4 ,campaign disbursem5t report+ 7a7 ,in=mation requir$ ,to be report$ 7#a7 ,treatm5t ( functional equival5t ( express advocacy z indep5d5t exp5diture ,subp>agraph 7,a7 ( section #cja7ag7 ( ! ,f$]al ,election ,campaign ,act ( #aiga 7#b ,u4,s4,c4 #dca7ag77 is am5d$ to read z foll[s3 7,a7 t expressly advocates ! election or defeat ( a cle>ly id5tifi$ c&idate1 or is ! functional equival5t ( express advocacy because1 :5 tak5 z a :ole1 x c be int]pret$ by a reasonable p]son only z advocat+ ! election or defeat ( a c&idate1 tak+ into acc\nt :e!r ! communication involv$ m5tions a c&idacy1 a political p>ty1 or a *all5g] to a c&idate1 or takes a position on a c&idate's "*1 qualifications1 or fitness = (fice2 & 4 7#b7 ,expansion ( p]iod dur+ :i* communications are treat$ z electione]+ communications ,section #cjd7;f77#c77;,a77i7 ( su* ,act 7#b ,u4,s4,c4 #dcd7;f77#c77;,a77i77 is am5d$-- 7,a7 by r$esignat+ subclause 7,,iii7 z subclause 7,,iv72 & 7,b7 by /rik+ subclause 7,,ii7 & ins]t+ ! foll[+3 7,,ii7 9 ! case ( a communication :i* ref]s to a c&idate = an (fice o!r ?an ! ,presid5t or ,vice ,presid5t1 is made dur+ ! p]iod beg9n+ on ,janu>y #a ( ! cal5d> ye> 9 :i* a g5]al or run(f election is held & end+ on ! date ( ! g5]al or run(f election 7or 9 ! case ( a special election1 dur+ ! p]iod beg9n+ on ! date on :i* ! ann\ncem5t ) respect to su* election is made & end+ on ! date ( ! special election72 7,,iii7 9 ! case ( a communication :i* ref]s to a c&idate = ! (fice ( ,presid5t or ,vice ,presid5t1 is made 9 any ,/ate dur+ ! p]iod beg9n+ #abj days be=e ! fir/ prim>y election1 caucus1 or pref]5ce election held = ! selection ( delegates to a national nom9at+ conv5tion ( a political p>ty is held 9 any ,/ate 7or1 if no su* election or caucus is held 9 any ,/ate1 ! fir/ conv5tion or caucus ( a political p>ty :i* has ! au?ority to nom9ate a c&idate = ! (fice ( ,presid5t or ,vice ,presid5t7 & end+ on ! date ( ! g5]al election2 & 4 7#c7 ,effective date2 transition = electione]+ communications made prior to enactm5t ,! am5dm5t made by p>agraph 7#b7 %all apply ) respect to communications made on or aft] ,janu>y #a1 #bjae1 except t no communication :i* is made prior to su* date %all be treat$ z an electione]+ communication "u subclause 7,,ii7 or 7,,iii7 ( section #cjd7;f77#c77;,a77i7 ( ! ,f$]al ,election ,campaign ,act ( #aiga 7z am5d$ by p>agraph 7#b77 unless ! communication w\ld be treat$ z an electione]+ communication "u su* section if ! am5dm5t made by p>agraph 7#b7 did n apply4 7b7 ,disclosure requirem5ts = corporations1 labor organizations1 & c]ta9 o!r entities 7#a7 ,9 g5]al ,section #cbd ( ! ,f$]al ,election ,campaign ,act ( #aiga 7#b ,u4,s4,c4 #ddak7 is am5d$ to read z foll[s3 #cbd4 ,disclosure ( campaign-relat$ disbursem5ts by cov]$ organizations 7a7 ,disclosure /atem5t 7#a7 ,9 g5]al ,any cov]$ organization t makes campaign-relat$ disbursem5ts aggregat+ m ?an #aj1jjj 9 an election report+ cycle %all1 n lat] ?an #bd h\rs aft] ea* disclosure date1 file a /atem5t ) ! ,commission made "u p5alty ( p]jury t conta9s ! in=mation describ$ 9 p>agraph 7#b7-- 7,a7 9 ! case ( ! fir/ /atem5t fil$ "u ?is subsection1 = ! p]iod beg9n+ on ! fir/ day ( ! election report+ cycle & end+ on ! fir/ su* disclosure date2 & 7,b7 9 ! case ( any subsequ5t /atem5t fil$ "u ?is subsection1 = ! p]iod beg9n+ on ! previ\s disclosure date & end+ on su* disclosure date4 7#b7 ,in=mation describ$ ,! in=mation describ$ 9 ?is p>agraph is z foll[s3 7,a7 ,! "n ( ! cov]$ organization & ! pr9cipal place ( bus9ess ( su* organization4 7,b7 ,! am\nt ( ea* campaign-relat$ disbursem5t made by su* organization dur+ ! p]iod cov]$ by ! /atem5t ( m ?an #a1jjj1 & ! "n & address ( ! p]son to :om ! disbursem5t 0 made4 7,c7 ,9 ! case ( a campaign-relat$ disbursem5t t is n a cov]$ transf]1 ! election to :i* ! campaign-relat$ disbursem5t p]ta9s & if ! disbursem5t is made = a public communication1 ! "n ( any c&idate id5tifi$ 9 su* communication & :e!r su* communication is 9 support ( or 9 opposition to a c&idate4 7,d7 ,a c]tification by ! *ief executive (fic] or p]son :o is ! head ( ! cov]$ organization t ! campaign-relat$ disbursem5t is n made 9 coop]ation1 consultation1 or conc]t ) or at ! reque/ or sugge/ion ( a c&idate1 au?oriz$ committee1 or ag5t ( a c&idate1 political p>ty1 or ag5t ( a political p>ty4 7,e7 ,if ! cov]$ organization makes campaign-relat$ disbursem5ts us+ exclusively funds 9 a segregat$ bank acc\nt consi/+ ( funds t 7 paid directly to su* acc\nt by p]sons o!r ?an ! cov]$ organization t controls ! acc\nt1 = ea* su* paym5t to ! acc\nt-- 7i7 ! "n & address ( ea* p]son :o made su* paym5t dur+ ! p]iod cov]$ by ! /atem5t2 7ii7 ! date & am\nt ( su* paym5t2 & 7iii7 ! aggregate am\nt ( all su* paym5ts made by ! p]son dur+ ! p]iod beg9n+ on ! fir/ day ( ! election report+ cycle & end+ on ! disclosure date2 b only if su* paym5t 0 made by a p]son :o made paym5ts to ! acc\nt 9 an aggregate am\nt ( #aj1jjj or m dur+ ! p]iod beg9n+ on ! fir/ day ( ! election report+ cycle & end+ on ! disclosure date4 7,f7 ,if ! cov]$ organization makes campaign-relat$ disbursem5ts us+ funds o!r ?an funds 9 a segregat$ bank acc\nt describ$ 9 subp>agraph 7,e71 = ea* paym5t to ! cov]$ organization-- 7i7 ! "n & address ( ea* p]son :o made su* paym5t dur+ ! p]iod cov]$ by ! /atem5t2 7ii7 ! date & am\nt ( su* paym5t2 & 7iii7 ! aggregate am\nt ( all su* paym5ts made by ! p]son dur+ ! p]iod beg9n+ on ! fir/ day ( ! election report+ cycle & end+ on ! disclosure date2 b only if su* paym5t 0 made by a p]son :o made paym5ts to ! cov]$ organization 9 an aggregate am\nt ( #aj1jjj or m dur+ ! p]iod beg9n+ on ! fir/ day ( ! election report+ cycle & end+ on ! disclosure date4 7,g7 ,su* o!r in=mation z requir$ 9 rules e/abli%$ by ! ,commission to promote ! purposes ( ?is section4 7#c7 ,exceptions 7,a7 ,am\nts receiv$ 9 ord9>y c\rse ( bus9ess ,! requirem5t to include 9 a /atem5t fil$ "u p>agraph 7#a7 ! in=mation describ$ 9 p>agraph 7#b7 %all n apply to am\nts receiv$ by ! cov]$ organization 9 comm]cial transactions 9 ! ord9>y c\rse ( any trade or bus9ess conduct$ by ! cov]$ organization or 9 ! =m ( inve/m5ts 7o!r ?an inve/m5ts by ! pr9cipal %>ehold] 9 a limit$ liability corporation7 9 ! cov]$ organization4 7,b7 ,donor re/riction on use ( funds ,! requirem5t to include 9 a /atem5t submitt$ "u p>agraph 7#a7 ! in=mation describ$ 9 subp>agraph 7,f7 ( p>agraph 7#b7 %all n apply if-- 7i7 ! p]son describ$ 9 su* subp>agraph prohibit$1 9 writ+1 ! use ( ! paym5t made by su* p]son = campaign-relat$ disbursem5ts2 & 7ii7 ! cov]$ organization agre$ to foll[ ! prohibition & deposit$ ! paym5t 9 an acc\nt :i* is segregat$ f any acc\nt us$ to make campaign-relat$ disbursem5ts4 7,c7 ,am\nts receiv$ f affiliates ,! requirem5t to include 9 a /atem5t submitt$ "u p>agraph 7#a7 ! in=mation describ$ 9 subp>agraph 7,f7 ( p>agraph 7#b7 %all n apply to any am\nt :i* is describ$ 9 subsection 7f77#c77;,a77i74 7#d7 ,o!r def9itions ,= purposes ( ?is section3 7,a7 ,disclosure date ,! t]m disclosure date means-- 7i7 ! fir/ date dur+ any election report+ cycle by :i* a p]son has made campaign-relat$ disbursem5ts aggregat+ m ?an #aj1jjj2 & 7ii7 any o!r date dur+ su* election report+ cycle by :i* a p]son has made campaign-relat$ disbursem5ts aggregat+ m ?an #aj1jjj s9ce ! mo/ rec5t disclosure date = su* election report+ cycle4 7,b7 ,election report+ cycle ,! t]m election report+ cycle means ! #b-ye> p]iod beg9n+ on ! date ( ! mo/ rec5t g5]al election = ,f$]al (fice4 7,c7 ,paym5t ,! t]m paym5t includes any contribution1 donation1 transf]1 paym5t ( dues1 or o!r paym5t4 7b7 ,coord9ation ) o!r provisions 7#a7 ,o!r reports fil$ ) ! ,commission ,in=mation includ$ 9 a /atem5t fil$ "u ?is section may be exclud$ f /atem5ts & reports fil$ "u section #cjd4 7#b7 ,treatm5t z sep>ate segregat$ fund ,a segregat$ bank acc\nt ref]r$ to 9 subsection 7a77#b77;,e7 may be treat$ z a sep>ate segregat$ fund = purposes ( section #ebg7;f77#c7 ( ! ,int]nal ,rev5ue ,code ( #aihf4 7c7 ,fil+ ,/atem5ts requir$ to be fil$ "u subsection 7a7 %all be subject to ! requirem5ts ( section #cjd7;d7 to ! same ext5t & 9 ! same mann] z if su* reports _h be5 requir$ "u subsection 7c7 or 7g7 ( section #cjd4 7d7 ,campaign-,relat$ disbursem5t def9$ ,9 ?is section1 ! t]m campaign-relat$ disbursem5t means a disbursem5t by a cov]$ organization = any ( ! foll[+3 7#a7 ,an indep5d5t exp5diture consi/+ ( a public communication4 7#b7 ,an electione]+ communication1 z def9$ 9 section #cjd7;f77#c74 7#c7 ,a cov]$ transf]4 7e7 ,cov]$ organization def9$ ,9 ?is section1 ! t]m cov]$ organization means any ( ! foll[+3 7#a7 ,a corporation 7o!r ?an an organization describ$ 9 section #eja7;c77#c7 ( ! ,int]nal ,rev5ue ,code ( #aihf74 7#b7 ,an organization describ$ 9 section #eja7;c7 ( su* ,code & exempt f taxation "u section #eja7;a7 ( su* ,code 7o!r ?an an organization describ$ 9 section #eja7;c77#c7 ( su* ,code74 7#c7 ,a labor organization 7z def9$ 9 section #caf7;b774 7#d7 ,any political organization "u section #ebg ( ! ,int]nal ,rev5ue ,code ( #aihf1 o!r ?an a political committee "u ?is ,act4 7f7 ,cov]$ transf] def9$ 7#a7 ,9 g5]al ,9 ?is section1 ! t]m cov]$ transf] means any transf] or paym5t ( funds by a cov]$ organization to ano!r p]son if ! cov]$ organization-- 7,a7 designates1 reque/s1 or sugge/s t ! am\nts be us$ =-- 7i7 campaign-relat$ disbursem5ts 7o!r ?an cov]$ transf]s72 or 7ii7 mak+ a transf] to ano!r p]son = ! purpose ( mak+ or pay+ = su* campaign-relat$ disbursem5ts2 7,b7 made su* transf] or paym5t 9 response to a solicitation or o!r reque/ = a donation or paym5t =-- 7i7 ! mak+ ( or pay+ = campaign-relat$ disbursem5ts 7o!r ?an cov]$ transf]s72 or 7ii7 mak+ a transf] to ano!r p]son = ! purpose ( mak+ or pay+ = su* campaign-relat$ disbursem5ts2 7,c7 engag$ 9 discussions ) ! recipi5t ( ! transf] or paym5t reg>d+-- 7i7 ! mak+ ( or pay+ = campaign-relat$ disbursem5ts 7o!r ?an cov]$ transf]s72 or 7ii7 donat+ or transf]r+ any am\nt ( su* transf] or paym5t to ano!r p]son = ! purpose ( mak+ or pay+ = su* campaign-relat$ disbursem5ts2 7,d7 made campaign-relat$ disbursem5ts 7o!r ?an a cov]$ transf]7 9 an aggregate am\nt ( #ej1jjj or m dur+ ! #b-ye> p]iod end+ on ! date ( ! transf] or paym5t1 or knew or _h reason to "k t ! p]son receiv+ ! transf] or paym5t made su* disbursem5ts 9 su* an aggregate am\nt dur+ t #b-ye> p]iod2 or 7,e7 knew or _h reason to "k t ! p]son receiv+ ! transf] or paym5t w\ld make campaign-relat$ disbursem5ts 9 an aggregate am\nt ( #ej1jjj or m dur+ ! #b-ye> p]iod beg9n+ on ! date ( ! transf] or paym5t4 7#b7 ,exclusions ,! t]m cov]$ transf] does n include any ( ! foll[+3 7,a7 ,a disbursem5t made by a cov]$ organization 9 a comm]cial transaction 9 ! ord9>y c\rse ( any trade or bus9ess conduct$ by ! cov]$ organization or 9 ! =m ( inve/m5ts made by ! cov]$ organization4 7,b7 ,a disbursem5t made by a cov]$ organization if-- 7i7 ! cov]$ organization prohibit$1 9 writ+1 ! use ( su* disbursem5t = campaign-relat$ disbursem5ts2 & 7ii7 ! recipi5t ( ! disbursem5t agre$ to foll[ ! prohibition & deposit$ ! disbursem5t 9 an acc\nt :i* is segregat$ f any acc\nt us$ to make campaign-relat$ disbursem5ts4 7#c7 ,exception = c]ta9 transf]s among affiliates 7,a7 ,exception = c]ta9 transf]s among affiliates 7i7 ,9 g5]al ,! t]m cov]$ transf] does n include an am\nt transf]r$ by "o cov]$ organization to ano!r cov]$ organization if su* transf]-- 7,i7 is n made directly into a sep>ate segregat$ bank acc\nt describ$ 9 subsection 7a77#b77;,e72 & 7,,ii7 is treat$ z a transf] betwe5 affiliates "u subp>agraph 7,b74 7ii7 ,special rule ,if ! aggregate am\nt ( transf]s describ$ 9 clause 7i7 exce$s #ej1jjj 9 any election report+ cycle-- 7,i7 ! cov]$ organization :i* makes su* transf]s %all provide to ! cov]$ organization receiv+ su* transf]s ! in=mation requir$ "u subsection 7a77#b77;,f7 7appli$ by sub/itut+ ! p]iod beg9n+ on ! fir/ day ( ! election report+ cycle & end+ on ! date ( ! mo/ rec5t transf] describ$ 9 subsection 7f77#c77;,a77i7 = ! p]iod cov]$ by ! /atem5t 9 clause 7i7 !re(72 & 7,,ii7 ! cov]$ organization receiv+ su* transf]s %all report ! in=mation describ$ 9 subclause 7,i7 on any /atem5t fil$ "u subsection 7a77#a7 z if any contribution1 donation1 or transf] to :i* su* in=mation relates 0 made directly to ! cov]$ organization receiv+ ! transf]4 7,b7 ,description ( transf]s betwe5 affiliates ,a transf] ( am\nts f "o cov]$ organization to ano!r cov]$ organization %all be treat$ z a transf] betwe5 affiliates if-- 7i7 "o ( ! organizations is an affiliate ( ! o!r organization2 or 7ii7 ea* ( ! organizations is an affiliate ( ! same organization2 except t ! transf] %all n be treat$ z a transf] betwe5 affiliates if "o ( ! organizations is e/abli%$ = ! purpose ( mak+ campaign-relat$ disbursem5ts4 7,c7 ,det]m9ation ( affiliate /atus ,= purposes ( ?is p>agraph1 ! foll[+ organizations %all be consid]$ to be affiliat$ ) ea* o!r3 7i7 ,a memb]%ip organization1 includ+ a trade or pr(essional association1 & ! relat$ ,/ate & local entities ( t organization4 7ii7 ,a national or int]national labor organization & its ,/ate or local unions1 or an organization ( national or int]national unions & its ,/ate & local entities4 7iii7 ,a corporation & its :olly own$ subsidi>ies4 7,d7 ,cov]age ( transf]s to affiliat$ section #eja7;c77#c7 organizations ,?is p>agraph %all apply ) respect to an am\nt transf]r$ by a cov]$ organization to an organization describ$ 9 p>agraph 7#c7 ( section #eja7;c7 ( ! ,int]nal ,rev5ue ,code ( #aihf & exempt f tax "u section #eja7;a7 ( su* ,code 9 ! same mann] z ?is p>agraph applies to an am\nt transf]r$ by a cov]$ organization to ano!r cov]$ organization4 4 7#b7 ,con=m+ am5dm5t ,section #cjd7;f77#f7 ( su* ,act 7#b ,u4,s4,c4 #dcd7 is am5d$ by /rik+ ,any requirem5t & ins]t+ ,except z provid$ 9 section #cbd7;b71 any requirem5t4 #c4 ,application ( disclosure rules to ,sup] ,p,a,cs 7a7 ,9 g5]al ,subsection 7e7 ( section #cbd ( ! ,f$]al ,election ,campaign ,act ( #aiga 7#b ,u4,s4,c4 #ddak71 z am5d$ by section #b1 is am5d$ by add+ at ! end ! foll[+ new p>agraph3 7#e7 ,a political committee ) an acc\nt t accepts donations or contributions t d n comply ) ! contribution limits or s\rce prohibitions "u ?is ,act1 b only ) respect to su* acc\nts4 4 7b7 ,con=m+ am5dm5t ,p>agraph 7#d7 ( section #cbd7;e7 ( su* ,act 7#b ,u4,s4,c4 #ddak71 z am5d$ by section #b1 is am5d$ by ins]t+ 7except z provid$ 9 p>agraph 7#e77 be=e ! p]iod at ! end4 #d4 ,sev]ability ,if any provision ( ?is ,act or am5dm5t made by ?is ,act1 or ! application ( a provision or am5dm5t to any p]son or circum/ance1 is held to be uncon/itutional1 ! rema9d] ( ?is ,act & am5dm5ts made by ?is ,act1 & ! application ( ! provisions & am5dm5t to any p]son or circum/ance1 %all n be affect$ by ! hold+4 #e4 ,effective date ,except z provid$ 9 section #b7;a77#c71 ! am5dm5ts made by ?is ,act %all apply ) respect to disbursem5ts made on or aft] ,janu>y #a1 #bjae1 & %all take effect )\t reg>d to :e!r or n ! ,f$]al ,election ,commission has promulgat$ regulations to c>ry out su* am5dm5ts4