,i  #aad? ,,congress  #a/ ,session  ,h4 
,r4 #dcj  ,,9 ,,! ,,h\se ,,(            
,,repres5tatives  ,janu>y #ba1 #bjae    
,mr4 ,van ,holl5 7= himself1 ,ms4       
,pelosi1 ,mr4 ,clyburn1 ,mr4 ,bec]ra1   
,mr4 ,cr[ley1 ,mr4 ,israel1 ,ms4        
,de,lauro1 ,ms4 ,edw>ds1 ,mr4 ,brady (  
,p5nsylvania1 ,mr4 ,lev91 ,mr4 ,s*iff1  
,mr4 ,pallone1 ,mr4 ,grijalva1 ,mr4     
,cony]s1 ,mr4 ,engel1 ,mr4 ,smi? (      
,wa%+ton1 ,mrs4 ,l[ey1 ,mr4 ,scott (    
,virg9ia1 ,mr4 ,cumm+s1 ,ms4 ,slaught]1 
,mr4 ,price ( ,nor? ,c>ol9a1 ,mr4       
,higg9s1 ,ms4 ,mc,collum1 ,mr4 ,quigley1
 ,mr4 ,swalwell ( ,cali=nia1 ,ms4       
,norton1 ,mr4 ,lip9ski1 ,mr4 ,pascrell1 
,mr4 ,mc,dermott1 ,mr4 ,himes1 ,mr4     
,kilm]1 ,mr4 ,langev91 ,ms4 ,bonamici1  
,mr4 ,wel*1 ,mrs4 ,davis ( ,cali=nia1   
,mr4 ,c>ney1 ,mr4 ,loebsack1 ,mr4       
,deut*1 ,ms4 ,moore1 ,ms4 ,tsongas1 ,ms4
 ,del,bene1 ,mr4 ,v>gas1 ,mr4 ,connolly1
 ,ms4 ,wilson ( ,florida1 ,ms4 ,p+ree1  
,mr4 ,l>son ( ,connecticut1 ,mr4 ,polis1
 ,mr4 ,lyn*1 ,ms4 ,s*ak[sky1 ,mr4       

,s>banes1 ,mr4 ,visclosky1 ,mr4 ,heck ( 
,wa%+ton1 ,mr4 ,nolan1 ,mr4 ,f>r1 ,mr4  
,coh51 ,ms4 ,e/y1 ,mr4 ,mc,govern1 ,ms4 
,ku/]1 ,ms4 ,kaptur1 ,mr4 ,tonko1 ,mr4  
,nadl]1 ,ms4 ,matsui1 ,mr4 ,ellison1    
,mr4 ,capuano1 ,mr4 ,danny ,k4 ,davis ( 
,ill9ois1 ,mr4 ,l[5?al1 ,mr4 ,al ,gre5 (
 ,texas1 ,ms4 ,mi*elle ,lujan ,gri%am ( 
,new ,mexico1 ,mr4 ,b5 ,ray ,lujn ( ,new
 ,mexico1 ,mr4 ,?ompson ( ,cali=nia1    
,mr4 ,blum5au]1 ,mr4 ,%]man1 ,mr4 ,ryan 
( ,ohio1 ,mr4 ,de,saulnier1 ,mrs4       
,capps1 ,mr4 ,murphy ( ,florida1 ,mr4   
,s]rano1 & ,mr4 ,de,fazio7 introduc$ !  
foll[+ bill2 :i* 0 ref]r$ to !          
,committee on ,h\se ,adm9i/ration1 & 9  
addition to ! ,committees on ! ,judici>y
 & ,ways & ,means1 = a p]iod to be      
subsequ5tly det]m9$ by ! ,speak]1 9 ea* 
case = consid]ation ( su* provisions z  
fall )9 ! jurisdiction ( ! committee    
conc]n$  ,a ,,bill  ,to am5d ! ,f$]al   
,election ,campaign ,act ( #aiga to     
provide = additional disclosure         
requirem5ts = corporations1 labor       

organizations1 & o!r entities1 & = o!r  
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,disclosure ( ,in=mation on
 ,sp5d+ on ,campaigns ,leads to ,op5 &  
,secure ,elections ,act ( #bjae or !    
,,disclose #bjae ,act4  #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$]al ,election ,campaign ,act ( #aiga
 7#eb ,u4,s4,c4 #cjaja7ag77 is am5d$ to 
read z foll[s3  7,a7 t1 :5 tak5 z a     
:ole1 expressly advocates ! election or 
defeat ( a cle>ly id5tifi$ c&idate1 or  
is ! functional equival5t ( express     
advocacy because 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#eb    
,u4,s4,c4 #cjajd7;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 or pref]5ce
 election or a conv5tion or caucus ( a  

political p>ty :i* has ! au?ority to    
nom9ate a c&idate = ! (fice ( ,presid5t 
or ,vice ,presid5t is held 9 any ,/ate &
 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] ,july #a1
 #bjae1 except t no communication :i* is
 made prior to su* date %all be treat$ z
 an electione]+ communication "u section
 #cjd7;f77#c77;,a77i7 7,,ii7 or 7,,iii7 
( ! ,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$]al ,election      
,campaign ,act ( #aiga 7#eb ,u4,s4,c4   
#cjabf7 is am5d$ 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 a cal5d> ye> %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 ( ! prec$+ cal5d> ye> & end+ on !   
fir/ su* disclosure date2 &  7,b7 9 !   
case ( any subsequ5t /atem5t fil$ "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 #a1jjj4  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 contribut$1  
donat$1 transf]r$1 or paid directly to  
su* acc\nt by p]sons o!r ?an ! cov]$    
organization t controls ! acc\nt1 = ea* 
contribution1 donation1 transf]1 paym5t 
( dues1 or o!r paym5t to ! acc\nt--  7i7
 ! "n & address ( ea* p]son :o made su* 

contribution1 donation1 transf]1 paym5t 
( dues1 or o!r paym5t dur+ ! p]iod cov]$
 by ! /atem5t2  7ii7 ! date & am\nt (   
su* contribution1 donation1 transf]1    
paym5t ( dues1 or o!r paym5t2 &  7iii7 !
 aggregate am\nt ( all su*              
contributions1 donations1 transf]s1     
paym5ts ( dues1 & o!r paym5ts made by ! 
p]son dur+ ! p]iod beg9n+ on ! fir/ day 
( ! prec$+ cal5d> ye> & end+ on !       
disclosure date2  b only if su*         
contribution1 donation1 transf]1 paym5t 
( dues1 or o!r paym5t 0 made by a p]son 
:o made contributions1 donations1       
transf]s1 paym5ts ( dues1 or paym5ts to 
! acc\nt 9 an aggregate am\nt ( #aj1jjj 
or m dur+ ! p]iod beg9n+ on ! fir/ day (
 ! prec$+ cal5d> ye> & end+ on !        
disclosure date4  7,f7 ,subject to      
p>agraph 7#d71 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* contribution1 donation1 transf]1 or 
paym5t ( dues to ! cov]$ organization-- 

7i7 ! "n & address ( ea* p]son :o made  
su* contribution1 donation1 transf]1 or 
paym5t ( dues dur+ ! p]iod cov]$ by !   
/atem5t2  7ii7 ! date & am\nt ( su*     
contribution1 donation1 transf]1 or     
paym5t ( dues2 &  7iii7 ! aggregate     
am\nt ( all su* contributions1          
donations1 transf]s1 & paym5ts ( dues   
made by ! p]son dur+ ! p]iod beg9n+ on !
 fir/ day ( ! prec$+ cal5d> ye> & end+  
on ! disclosure date2  b only if su*    
contribution1 donation1 transf]1 or     
paym5t ( dues 0 made by a p]son :o made 
contributions1 donations1 transf]s1 or  
paym5ts ( dues to ! cov]$ organization 9
 an aggregate am\nt ( #aj1jjj or m dur+ 
! p]iod beg9n+ on ! fir/ day ( ! prec$+ 
cal5d> ye> & end+ on ! disclosure date4 
7#c7 ,exceptions  7,a7 ,am\nts receiv$ 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 ! ord9>y c\rse (  
any trade or bus9ess conduct$ by ! cov]$

 organization or 9 ! =m ( inve/m5ts 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$1 9 writ+1 ! use ( 
! contribution1 donation1 transf]1      
paym5t ( dues1 or o!r paym5t made by su*
 p]son = campaign-relat$ disbursem5ts2 &
  7ii7 ! cov]$ organization agre$ to    
foll[ ! prohibition & deposit$ !        
contribution1 donation1 transf]1 paym5t 
( dues1 or o!r paym5t 9 an acc\nt :i* is
 segregat$ f any acc\nt us$ to make     
campaign-relat$ disbursem5ts4  7#d7     
,disclosure date  7,a7 ,9 g5]al ,except 
z provid$ 9 subp>agraph 7,b71 ! t]m     
disclosure date means-- 7i7 ! fir/ date 
dur+ any cal5d> ye> by :i* a p]son has  
made campaign-relat$ disbursem5ts       
aggregat+ m ?an #aj1jjj2 &  7ii7 ea*    
date foll[+ ! date describ$ 9 clause 7i7
 dur+ su* cal5d> ye> by :i* a p]son has 

made campaign-relat$ disbursem5ts       
aggregat+ m ?an #aj1jjj4  7,b7          
,disclosure date = c]ta9 transf]s ,9 !  
case ( a /atem5t fil$ ) respect to a    
campaign-relat$ disbursem5t :i* is a    
cov]$ transf] describ$ 9 subsection     
7f77#a77;,e71 ! t]m disclosure date     
means ! date on :i* ! cov]$ organization
 mak+ su* transf] knew or %\ld h kn[n t 
! recipi5t ( su* transf] made           
campaign-relat$ disbursem5ts 9 an       
aggregate am\nt ( #ej1jjj or m dur+ !   
#b-ye> p]iod beg9n+ on ! date ( !       
transf]4  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           
communication1 z def9$ 9 section        
#cja7bb74  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 ,act   
7except z provid$ 9 p>agraph 7#e774     
7#e7 ,a political committee ) an acc\nt 
e/abli%$ = ! purpose ( accept+ donations
 or contributions t d n comply ) !      
contribution limits or s\rce            
prohibitions "u ?is ,act1 b only )      
respect to ! acc\nts e/abli%$ = su*     
purpose4  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 ! 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 ,! t]m cov]$  
transf] does n include an am\nt         
transf]r$ by "o cov]$ organization to   
ano!r cov]$ organization :i* is treat$ z
 a transf] betwe5 affiliates "u         
subp>agraph 7,b7 if ! aggregate am\nt   
transf]r$ dur+ ! ye> by su* cov]$       
organization to t same cov]$            

organization is equal to or less ?an    
#ej1jjj4  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 (           
subp>agraph 7,b71 a cov]$ organization  
is an affiliate ( ano!r cov]$           
organization if--  7i7 ! gov]n+ in/rum5t
 ( ! organization requires x to be b\nd 
by decisions ( ! o!r organization2  7ii7
 ! gov]n+ bo>d ( ! organization includes
 p]sons :o are specifically designat$   
repres5tatives ( ! o!r organization or  
are memb]s ( ! gov]n+ bo>d1 (fic]s1 or  
paid executive /aff memb]s ( ! o!r      

organization1 or ^: s]vice on ! gov]n+  
bo>d is cont+5t ^u ! approval ( ! o!r   
organization2 or  7iii7 ! organization  
is *>t]$ by ! o!r organization4  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#eb ,u4,s4,c4 #cjajd7 is am5d$
 by /rik+ ,any requirem5t & ins]t+      
,except z provid$ 9 section #cbd7;b71   
any requirem5t4  #c4 ,/& by y\r ad  7a7 
,disclaim] ,requirem5ts =               
,campaign-,relat$ ,disbursem5ts ,section
 #cah7;a7 ( ! ,f$]al ,election ,campaign
 ,act ( #aiga 7#eb ,u4,s4,c4 #cjabj7;a77
 is am5d$ by /rik+ = ! purpose ( f9anc+ 

communications expressly advocat+ !     
election or defeat ( a cle>ly id5tifi$  
c&idate & ins]t+ = a campaign-relat$    
disbursem5t1 z def9$ 9 section #cbd1    
consi/+ ( a public communication4  7b7  
,/& by y\r ad requirem5ts  7#a7         
,ma9t5ance ( requirem5ts = political    
p>ties & c]ta9 political committees     
,section #cah7;d77#b7 ( su* ,act 7#eb   
,u4,s4,c4 #cjabj7;d77#b77 is am5d$--    
7,a7 9 ! head+1 by /rik+ o!rs & ins]t+  
c]ta9 political committees2  7,b7 by    
ins]t+ :i* 7except to ! ext5t provid$ 9 
! la/ s5t5ce ( ?is p>agraph7 is paid =  
by a political committee 7includ+ a     
political committee ( a political p>ty7 
& aft] subsection 7a72  7,c7 by /rik+ or
 o!r p]son ea* place x appe>s2 &  7,d7  
by add+ at ! end ! foll[+3 ,?is p>agraph
 does n apply to a communication paid = 
9 :ole or 9 "p ) a paym5t :i* is treat$ 
z a campaign-relat$ disbursem5t "u      
section #cbd & ) respect to :i* a cov]$ 
organization files a /atem5t "u su*     
section44  7#b7 ,special disclaim]      

requirem5ts = c]ta9 communications      
,section #cah ( su* ,act 7#eb ,u4,s4,c4 
#cjabj7 is am5d$ by add+ at ! end !     
foll[+ new subsection3  7e7             
,communications by o!rs  7#a7 ,9 g5]al  
,any communication describ$ 9 p>agraph  
7#c7 ( subsection 7a7 :i* is transmitt$ 
?r\gh radio or television 7o!r ?an a    
communication to :i* subsection 7d77#b7 
applies7 %all include1 9 addition to !  
requirem5ts ( su* p>agraph1 ! foll[+3   
7,a7 ,! individual disclosure /atem5t   
describ$ 9 p>agraph 7#b77;,a7 7if !     
p]son pay+ = ! communication is an      
individual7 or ! organizational         
disclosure /atem5t describ$ 9 p>agraph  
7#b77;,b7 7if ! p]son pay+ = !          
communication is n an individual74  7,b7
 ,if ! communication is transmitt$ ?r\gh
 television & is paid = 9 :ole or 9 "p )
 a paym5t :i* is treat$ z a             
campaign-relat$ disbursem5t "u section  
#cbd1 ! ,top ,five ,fund]s li/ 7if      
applicable71 unless1 on ! basis (       
crit]ia e/abli%$ 9 regulations issu$ by 

! ,commission1 ! communication is ( su* 
%ort duration t includ+ ! ,top ,five    
,fund]s li/ 9 ! communication w\ld      
con/itute a h>d%ip to ! p]son pay+ = !  
communication by requir+ a              
disproportionate am\nt ( ! cont5t ( !   
communication to consi/ ( ! ,top ,five  
,fund]s li/4  7,c7 ,if ! communication  
is transmitt$ ?r\gh radio & is paid = 9 
:ole or 9 "p ) a paym5t :i* is treat$ z 
a campaign-relat$ disbursem5t "u section
 #cbd1 ! ,top ,two ,fund]s li/ 7if      
applicable71 unless1 on ! basis (       
crit]ia e/abli%$ 9 regulations issu$ by 
! ,commission1 ! communication is ( su* 
%ort duration t includ+ ! ,top ,two     
,fund]s li/ 9 ! communication w\ld      
con/itute a h>d%ip to ! p]son pay+ = !  
communication by requir+ a              
disproportionate am\nt ( ! cont5t ( !   
communication to consi/ ( ! ,top ,two   
,fund]s li/4  7#b7 ,disclosure /atem5ts 
describ$  7,a7 ,individual disclosure   
/atem5ts ,! individual disclosure       
/atem5t describ$ 9 ?is subp>agraph is ! 

foll[+3 ,i am 1 & ,i approve ?is        
message41 ) ! blank fill$ 9 ) ! "n ( !  
applicable individual4  7,b7            
,organizational disclosure /atem5ts ,!  
organizational disclosure /atem5t       
describ$ 9 ?is subp>agraph is ! foll[+3 
,i am 1 !  ( 1 &  approves ?is message41
 )--  7i7 ! fir/ blank to be fill$ 9 ) !
 "n ( ! applicable individual2  7ii7 !  
second blank to be fill$ 9 ) ! title ( !
 applicable individual2 &  7iii7 ! ?ird 
& f\r? blank ea* to be fill$ 9 ) ! "n ( 
! organization or o!r p]son pay+ = !    
communication4  7#c7 ,me?od ( conveyance
 ( /atem5t  7,a7 ,communications        
transmitt$ ?r\gh radio ,9 ! case ( a    
communication to :i* ?is subsection     
applies :i* is transmitt$ ?r\gh radio1 !
 disclosure /atem5ts requir$ "u p>agraph
 7#a7 %all be made by audio by !        
applicable individual 9 a cle>ly spok5  
mann]4  7,b7 ,communications transmitt$ 
?r\gh television ,9 ! case ( a          
communication to :i* ?is subsection     
applies :i* is transmitt$ ?r\gh         

television1 ! in=mation requir$ "u      
p>agraph 7#a7--  7i7 %all appe> 9 writ+ 
at ! end ( ! communication or 9 a crawl 
along ! bottom ( ! communication 9 a    
cle>ly readable mann]1 ) a reasonable   
degree ( color contra/ betwe5 !         
backgr\nd & ! pr9t$ /atem5t1 = a p]iod (
 at lea/ #f seconds2 &  7ii7 %all also  
be convey$ by an unobscur$1 full-scre5  
view ( ! applicable individual or by !  
applicable individual mak+ ! /atem5t 9  
voice-ov] accompani$ by a cle>ly        
id5tifiable photograph or simil> image (
 ! individual1 except 9 ! case ( a ,top 
,five ,fund]s li/4  7#d7 ,def9itions ,9 
?is subsection3 7,a7 ,applicable        
individual ,! t]m applicable individual 
means1 ) respect to a communication to  
:i* ?is subsection applies--  7i7 if !  
communication is paid = by an           
individual1 ! individual involv$2  7ii7 
if ! communication is paid = by a       
corporation1 ! *ief executive (fic] ( ! 
corporation 7or1 if ! corporation does n
 h a *ief executive (fic]1 ! highe/     

rank+ (ficial ( ! corporation72  7iii7  
if ! communication is paid = by a labor 
organization1 ! highe/ rank+ (fic] ( !  
labor organization2 &  7iv7 if !        
communication is paid = by any o!r      
p]son1 ! highe/ rank+ (ficial ( su*     
p]son4  7,b7 ,cov]$ organization &      
campaign-relat$ disbursem5t ,! t]ms     
campaign-relat$ disbursem5t & cov]$     
organization h ! mean+ giv5 su* t]ms 9  
section #cbd4  7,c7 ,top ,five ,fund]s  
li/ ,! t]m ,top ,five ,fund]s li/ means1
 ) respect to a communication paid = 9  
:ole or 9 "p ) a paym5t :i* is treat$ z 
a campaign-relat$ disbursem5t "u section
 #cbd1 a li/ ( ! five p]sons :o provid$ 
! l>ge/ paym5ts ( any type 9 an         
aggregate am\nt equal to or exce$+      
#aj1jjj :i* are requir$ "u section      
#cbd7;a7 to be includ$ 9 ! reports fil$ 
by a cov]$ organization ) respect to su*
 communication dur+ ! #ab-mon? p]iod    
end+ on ! date ( ! disbursem5t & ! am\nt
 ( ! paym5ts ea* su* p]son provid$4 ,if 
two or m p provid$ ! fif? l>ge/ ( su*   

paym5ts1 ! cov]$ organization involv$   
%all select "o ( ^? p]sons to be includ$
 on ! ,top ,five ,fund]s li/4  7,d7 ,top
 ,two ,fund]s li/ ,! t]m ,top ,two      
,fund]s li/ means1 ) respect to a       
communication paid = 9 :ole or 9 "p ) a 
paym5t :i* is treat$ z a campaign-relat$
 disbursem5t "u section #cbd1 a li/ ( ! 
p]sons :o provid$ ! l>ge/ & ! second    
l>ge/ paym5ts ( any type 9 an aggregate 
am\nt equal to or exce$+ #aj1jjj :i* are
 requir$ "u section #cbd7;a7 to be      
includ$ 9 ! reports fil$ by a cov]$     
organization ) respect to su*           
communication dur+ ! #ab-mon? p]iod end+
 on ! date ( ! disbursem5t & ! am\nt ( !
 paym5ts ea* su* p]son provid$4 ,if two 
or m p]sons provid$ ! second l>ge/ ( su*
 paym5ts1 ! cov]$ organization involv$  
%all select "o ( ^? p]sons to be includ$
 on ! ,top ,two ,fund]s li/4  4  #d4    
,%>ehold]s' & memb]s' "r to "k ,title   
,,iii ( ! ,f$]al ,election ,campaign    
,act ( #aiga 7#eb ,u4,s4,c4 #cjaja et   
seq47 is am5d$ by add+ at ! end ! foll[+

 new section3  #cbe4 ,disclosures by    
cov]$ organizations to %>ehold]s1       
memb]s1 & donors ( in=mation on         
campaign-relat$ disbursem5ts  7a7       
,in=mation on ,campaign-,relat$         
,disbursem5ts ,to ,be ,includ$ 9        
,p]iodic ,reports ,a cov]$ organization 
:i* submits regul>1 p]iodic reports to  
its %>ehold]s1 memb]s1 or donors on its 
f9ances or activities %all include 9 ea*
 su* report1 9 a cle> & conspicu\s      
mann]1 ! in=mation includ$ 9 ! /atem5ts 
fil$ by ! organization "u section #cbd )
 respect to ! campaign-relat$           
disbursem5ts made by ! organization dur+
 ! p]iod cov]$ by ! report4  7b7        
,hyp]l9k to in=mation includ$ 9 reports 
fil$ ) ,commission  7#a7 ,requir$ po/+ (
 hyp]l9k ,if a cov]$ organization       
ma9ta9s an ,int]net site1 ! organization
 %all po/ on su* ,int]net site a hyp]l9k
 f its homepage to ! location on !      
,int]net site ( ! ,commission :i*       
conta9s ! in=mation includ$ 9 ! /atem5ts
 fil$ by ! organization "u section #cbd 

) respect to campaign-relat$            
disbursem5ts4  7#b7 ,deadl9e2 duration (
 po/+ ,! cov]$ organization %all po/ !  
hyp]l9k describ$ 9 p>agraph 7#a7 n lat] 
?an #bd h\rs aft] ! ,commission po/s !  
in=mation describ$ 9 su* p>agraph on !  
,int]net site ( ! ,commission1 & %all   
ensure t ! hyp]l9k rema9s on ! ,int]net 
site ( ! cov]$ organization until !     
expiration ( ! #a-ye> p]iod :i* beg9s on
 ! date ( ! election ) respect to :i* ! 
campaign-relat$ disbursem5ts are made4  
7c7 ,def9itions ,! t]ms campaign-relat$ 
disbursem5t & cov]$ organization h !    
mean+s giv5 su* t]ms 9 section #cbd4  4 
#e4 ,lobbyi/s' campaign fund+ disclosure
  7a7 ,disclosure ( indep5d5t           
exp5ditures & electione]+ communications
 ,section #e7;d77#a7 ( ! ,lobby+        
,disclosure ,act ( #aiie 7#b ,u4,s4,c4  
#afjd7;d77#a77 is am5d$--  7#a7 by /rik+
 & at ! end ( subp>agraph 7,f72  7#b7 by
 r$esignat+ subp>agraph 7,g7 z          
subp>agraph 7,i72 &  7#c7 by ins]t+ aft]
 subp>agraph 7,f7 ! foll[+ new          

subp>agraphs3  7,g7 ! am\nt ( any       
indep5d5t exp5diture 7z def9$ 9 section 
#cja7ag7 ( ! ,f$]al ,election ,campaign 
,act ( #aiga 7#eb ,u4,s4,c4 #cjaja7ag777
 equal to or great] ?an #a1jjj made by  
su* p]son or organization1 & = ea* su*  
exp5diture ! "n ( ea* c&idate be+       
support$ or oppos$ & ! am\nt sp5t       
support+ or oppos+ ea* su* c&idate2     
7,h7 ! am\nt ( any electione]+          
communication 7z def9$ 9 section        
#cjd7;f77#c7 ( su* ,act 7#eb ,u4,s4,c4  
#cjajd7;f77#c777 equal to or great] ?an 
#a1jjj made by su* p]son or             
organization1 & = ea* su* communication 
! "n ( ! c&idate ref]r$ to 9 !          
communication & :e!r ! communication    
involv$ 0 9 support ( or 9 opposition to
 ! c&idate2 &  4  7b7 ,disclosure (     
am\nts provid$ to c]ta9 political       
committees ,section #e7;d77#a77;,d7 (   
su* ,act 7#b ,u4,s4,c4                  
#afje7;d77#a77;,d77 is am5d$ by /rik+ or
 political p>ty committee1 & ins]t+ !   
foll[+3 political p>ty committee1 or    

political committee :i* is treat$ z a   
cov]$ organization "u section           
#cbd7;f77#a77;,d7 ( ! ,f$]al ,election  
,campaign ,act ( #aiga14  7c7 ,effective
 date ,! am5dm5ts made by ?is section   
%all apply ) respect to reports =       
semiannual p]iods describ$ 9 section    
#e7;d77#a7 ( ! ,lobby+ ,disclosure ,act 
( #aiie t beg9 aft] ! date ( ! enactm5t 
( ?is ,act4  #f4 ,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  #g4      
,effective date ,except z provid$ 9     
section #e1 ! am5dm5ts made by ?is ,act 
%all apply ) respect to disbursem5ts    
made on or aft] ,july #a1 #bjae4