,,ii #aad? ,,congress #b;d ,session ,s4 #f ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,june #af1 #bjaf ,mr4 ,udall 7= himself1 ,mr4 ,m]kley1 ,mr4 ,:iteh\se1 ,mr4 ,s*um]1 ,ms4 ,baldw91 ,mr4 ,b5net1 ,mr4 ,leahy1 ,mr4 ,k+1 ,mr4 ,frank51 ,ms4 ,heitkamp1 ,ms4 ,klobu*>1 ,ms4 ,w>r51 ,mr4 ,m>key1 ,mr4 ,s*atz1 ,mr4 ,s&]s1 ,mrs4 ,gillibr&1 ,mr4 ,wyd51 ,mr4 ,he9ri*1 ,mr4 ,pet]s1 ,mr4 ,br[n1 ,mr4 ,blum5?al1 ,ms4 ,hirono1 ,mr4 ,murphy1 ,mr4 ,casey1 ,mr4 ,c>d91 & ,mr4 ,coons7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,rules & ,adm9i/ration ,a ,,bill ,to re=m our gov]nm5t1 r$uce ! grip ( special int]e/1 & return our democracy to ! ,am]ican p ?r\gh increas$ transp>5cy & ov]sight ( our elections & gov]nm5t4 #a4 ,%ort title1 etc 7a7 ,%ort title ,?is ,act may be cit$ z ! ,we ! ,p ,act ( #bjaf4 7b7 ,table ( cont5ts ,! table ( cont5ts ( ?is ,act is z foll[s3 ,sec4 #a4 ,%ort title1 etc4 ,,title ,i--,campaign disclosure & transp>5cy re=m ,subtitle ,a--,disclosure ,sec4 #ajja4 ,%ort title4 ,sec4 #ajjb4 ,campaign disbursem5t report+4 ,sec4 #ajjc4 ,application ( disclosure rules to ,sup] ,p,a,cs4 ,sec4 #ajjd4 ,effective date4 ,subtitle ,b--,c&idate-,sup] ,,pac coord9ation ,sec4 #aaja4 ,%ort title4 ,sec4 #aajb4 ,cl>ification ( treatm5t ( coord9at$ exp5ditures z contributions to c&idates4 ,sec4 #aajc4 ,cl>ification ( ban on fundrais+ = ,sup] ,p,a,cs by ,f$]al c&idates & (ficehold]s4 ,subtitle ,c--,real-,"t transp>5cy ,sec4 #abja4 ,%ort title4 ,sec4 #abjb4 #dh-;h\r notification requir$ = all political committees receiv+ cumulative contributions ( #a1jjj or m dur+ a ye> f any contributor4 ,sec4 #abjc4 ,fil+ by ,s5ate c&idates ) ,f$]al ,election ,commission4 ,subtitle ,d--,e/abli%m5t ( ,f$]al ,election ,adm9i/ration ,sec4 #acja4 ,%ort title4 ,"p ,i--,f$]al election adm9i/ration ,sec4 #acaa4 ,e/abli%m5t ( ! ,f$]al ,election ,adm9i/ration4 ,sec4 #acab4 ,executive s*$ule positions4 ,sec4 #acac4 ,,gao exam9ation ( en=cem5t ( campaign f9ance laws by ! ,dep>tm5t ( ,ju/ice4 ,sec4 #acad4 ,,gao /udy & report on appropriate fund+ levels4 ,sec4 #acae4 ,con=m+ am5dm5ts4 ,"p ,,ii--,transition provisions ,sec4 #acba4 ,transf] ( functions ( ,f$]al ,election ,commission4 ,sec4 #acbb4 ,transf] ( prop]ty1 records1 & p]sonnel4 ,sec4 #acbc4 ,repeals4 ,sec4 #acbd4 ,con=m+ am5dm5ts4 ,sec4 #acbe4 ,treatm5t ( c]ta9 regulations4 ,sec4 #acbf4 ,effective date4 ,,title ,,ii--,lobby+ re=m ,subtitle ,a--,memb] ban on lobby+ ,sec4 #baja4 ,lifetime ban on ,memb]s ( ,congress f lobby+4 ,subtitle ,b--,close ! #bj-,p]c5t lobby+ loophole ,sec4 #bbja4 ,lobbyi/ regi/ration re=ms4 ,,title ,,iii--,revolv+ door re=m ,sec4 #cjja4 ,%ort title4 ,sec4 #cjjb4 ,re/rictions on private sector paym5t = ,gov]nm5t s]vice4 ,sec4 #cjjc4 ,requirem5ts relat+ to sl[+ ! revolv+ door among f9ancial s]vices regulators4 ,sec4 #cjjd4 ,prohibition ( procurem5t (fic]s accept+ employm5t f ,gov]nm5t contractors4 ,sec4 #cjje4 ,revolv+ door re/rictions on f9ancial s]vices regulators mov+ into ! private sector4 ,sec4 #cjjf4 ,re/rictions on ,f$]al exam9]s & sup]visors ( f9ancial in/itutions4 ,,title ,,iv--,sev]ability ,sec4 #djja4 ,sev]ability4 ,i ,campaign disclosure & transp>5cy re=m ,a ,disclosure #ajja4 ,%ort title ,?is subtitle may be cit$ z ! ,democracy ,is ,/r5g!n$ by ,ca/+ ,light ,on ,sp5d+ 9 ,elections ,act ( #bjaf or ! ,,disclose ,act ( #bjaf4 #ajjb4 ,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 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#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 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 #bjag1 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$]al ,election ,campaign ,act ( #aiga 7#eb ,u4,s4,c4 #cjabf7 is am5d$ 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 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 date1 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 date1 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 organization1 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#eb ,u4,s4,c4 #cjajd7 is am5d$ by /rik+ ,any requirem5t & ins]t+ ,except z provid$ 9 section #cbd7;b71 any requirem5t4 #ajjc4 ,application ( disclosure rules to ,sup] ,p,a,cs 7a7 ,9 g5]al ,subsection 7e7 ( section #cbd ( ! ,f$]al ,election ,campaign ,act ( #aiga 7#eb ,u4,s4,c4 #cjabf71 z am5d$ by section #ajjb1 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#eb ,u4,s4,c4 #cjabf71 z am5d$ by section #ajjb1 is am5d$ by ins]t+ 7except z provid$ 9 p>agraph 7#e77 be=e ! p]iod at ! end4 #ajjd4 ,effective date ,except z provid$ 9 section #ajb7;a77#c71 ! am5dm5ts made by ?is subtitle %all apply ) respect to disbursem5ts made on or aft] ,janu>y #a1 #bjag1 & %all take effect )\t reg>d to :e!r or n ! ,f$]al ,election ,commission has promulgat$ regulations to c>ry out su* am5dm5ts4 ,b ,c&idate-,sup] ,,pac coord9ation #aaja4 ,%ort title ,?is subtitle may be cit$ z ! ,/op ,sup] ,,pac-,c&idate ,coord9ation ,act4 #aajb4 ,cl>ification ( treatm5t ( coord9at$ exp5ditures z contributions to c&idates 7a7 ,treatm5t z contribution to c&idate ,section #cja7h77;,a7 ( ! ,f$]al ,election ,campaign ,act ( #aiga 7#eb ,u4,s4,c4 #cjaja7h77;,a77 is am5d$-- 7#a7 by /rik+ or at ! end ( clause 7i72 7#b7 by /rik+ ! p]iod at ! end ( clause 7ii7 & ins]t+ 2 or2 & 7#c7 by add+ at ! end ! foll[+ new clause3 7iii7 any paym5t made by any p]son 7o!r ?an a c&idate1 an au?oriz$ committee ( a c&idate1 or a political committee ( a political p>ty7 = a coord9at$ exp5diture 7z su* t]m is def9$ 9 section #cbe7 :i* is n o!rwise treat$ z a contribution "u clause 7i7 or clause 7ii74 4 7b7 ,def9itions ,title ,,iii ( su* ,act 7#eb ,u4,s4,c4 #cjaja et seq471 z am5d$ by ?is ,act1 is am5d$ to by add+ at ! end ! foll[+ new section3 #cbe4 ,paym5ts = coord9at$ exp5ditures 7a7 ,coord9at$ exp5ditures 7#a7 ,9 g5]al ,= purposes ( section #cja7h77;,a77iii71 ! t]m coord9at$ exp5diture means-- 7,a7 any exp5diture1 or any paym5t = a cov]$ communication describ$ 9 subsection 7d71 :i* is made 9 coop]ation1 consultation1 or conc]t )1 or at ! reque/ or sugge/ion (1 a c&idate1 an au?oriz$ committee ( a c&idate1 a political committee ( a political p>ty1 or ag5ts ( ! c&idate or committee1 z def9$ 9 subsection 7b72 or 7,b7 any paym5t = any communication :i* republi%es1 dissem9ates1 or di/ributes1 9 :ole or 9 "p1 any video or broadca/ or any writt51 graphic1 or o!r =m ( campaign mat]ial prep>$ by ! c&idate or committee or by ag5ts ( ! c&idate or committee 7includ+ any exc]pt or use ( any video f any su* broadca/ or writt51 graphic1 or o!r =m ( campaign mat]ial74 7#b7 ,exception = paym5ts = c]ta9 communications ,a paym5t = a communication 7includ+ a cov]$ communication describ$ 9 subsection 7d77 %all n be treat$ z a coord9at$ exp5diture "u ?is subsection if-- 7,a7 ! communication appe>s 9 a news /ory1 comm5t>y1 or editorial di/ribut$ ?r\gh ! facilities ( any broadca/+ /ation1 newspap]1 magaz9e1 or o!r p]iodical publication1 unless su* facilities are own$ or controll$ by any political p>ty1 political committee1 or c&idate2 or 7,b7 ! communication con/itutes a c&idate debate or =um conduct$ pursuant to regulations adopt$ by ! ,commission pursuant to section #cjd7;f77#c77;,b77iii71 or :i* solely promotes su* a debate or =um & is made by or on behalf ( ! p]son sponsor+ ! debate or =um4 7b7 ,coord9ation describ$ 7#a7 ,9 g5]al ,= purposes ( ?is section1 a paym5t is made 9 coop]ation1 consultation1 or conc]t )1 or at ! reque/ or sugge/ion (1 a c&idate1 an au?oriz$ committee ( a c&idate1 a political committee ( a political p>ty1 or ag5ts ( ! c&idate or committee1 if ! paym5t1 or any communication = :i* ! paym5t is made1 is n made entirely indep5d5tly ( ! c&idate1 committee1 or ag5ts4 ,= purposes ( ! previ\s s5t5ce1 a paym5t or communication n made entirely indep5d5tly ( ! c&idate or committee includes any paym5t or communication made pursuant to any g5]al or p>ticul> und]/&+ )1 or pursuant to any communication )1 ! c&idate1 committee1 or ag5ts ab\t ! paym5t or communication4 7#b7 ,no f9d+ ( coord9ation bas$ solely on %>+ ( in=mation reg>d+ legislative or policy position ,= purposes ( ?is section1 a paym5t %all n be consid]$ to be made by a p]son 9 coop]ation1 consultation1 or conc]t )1 or at ! reque/ or sugge/ion (1 a c&idate or committee1 solely on ! gr\nds t ! p]son or ! p]son's ag5t engag$ 9 discussions ) ! c&idate or committee1 or ) any ag5t ( ! c&idate or committee1 reg>d+ t p]son's position on a legislative or policy matt] 7includ+ urg+ ! c&idate or committee to adopt t p]son's position71 s long z !re is no communication betwe5 ! p]son & ! c&idate or committee1 or any ag5t ( ! c&idate or committee1 reg>d+ ! c&idate's or committee's campaign adv]tis+1 message1 /rategy1 policy1 poll+1 allocation ( res\rces1 fundrais+1 or o!r campaign activities4 7#c7 ,no effect on p>ty coord9ation /&>d ,no?+ 9 ?is section %all be con/ru$ to affect ! det]m9ation ( coord9ation betwe5 a c&idate & a political committee ( a political p>ty = purposes ( section #cae7;d74 7#d7 ,no safe h>bor = use ( firewall ,a p]son %all be det]m9$ to h made a paym5t 9 coop]ation1 consultation1 or conc]t )1 or at ! reque/ or sugge/ion (1 a c&idate or committee1 9 accordance ) ?is section )\t reg>d to :e!r or n ! p]son e/abli%$ & us$ a firewall or simil> proc$ures to re/rict ! %>+ ( in=mation betwe5 individuals :o are employ$ by or :o are s]v+ z ag5ts = ! p]son mak+ ! paym5t4 7c7 ,paym5ts by coord9at$ sp5d]s = cov]$ communications 7#a7 ,paym5ts made 9 coop]ation1 consultation1 or conc]t ) c&idates ,= purposes ( subsection 7a77#a77;,a71 if ! p]son :o makes a paym5t = a cov]$ communication1 z def9$ 9 subsection 7d71 is a coord9at$ sp5d] "u p>agraph 7#b7 ) respect to ! c&idate z describ$ 9 subsection 7d77#a71 ! paym5t = ! cov]$ communication is made 9 coop]ation1 consultation1 or conc]t ) ! c&idate4 7#b7 ,coord9at$ sp5d] def9$ ,= purposes ( ?is subsection1 ! t]m coord9at$ sp5d] means1 ) respect to a c&idate or an au?oriz$ committee ( a c&idate1 a p]son 7o!r ?an a political committee ( a political p>ty7 = :i* any ( ! foll[+ applies3 7,a7 ,dur+ ! #d-ye> p]iod end+ on ! date on :i* ! p]son makes ! paym5t1 ! p]son 0 directly or indirectly =m$ or e/abli%$ by or at ! reque/ or sugge/ion (1 or ) ! enc\ragem5t (1 ! c&idate 7includ+ an individual :o lat] becomes a c&idate7 or committee or ag5ts ( ! c&idate or committee1 includ+ ) ! approval ( ! c&idate or committee or ag5ts ( ! c&idate or committee4 7,b7 ,! c&idate or committee or any ag5t ( ! c&idate or committee solicits funds1 appe>s at a fundrais+ ev5t1 or engages 9 o!r fundrais+ activity on ! p]son's behalf dur+ ! election cycle involv$1 includ+ by provid+ ! p]son ) names ( pot5tial donors or o!r li/s to be us$ by ! p]son 9 engag+ 9 fundrais+ activity1 reg>dless ( :e!r ! p]son pays fair m>ket value = ! names or li/s provid$4 ,= purposes ( ?is subp>agraph1 ! t]m election cycle means1 ) respect to an election = ,f$]al (fice1 ! p]iod beg9n+ on ! day aft] ! date ( ! mo/ rec5t g5]al election = t (fice 7or1 if ! g5]al election result$ 9 a run(f election1 ! date ( ! run(f election7 & end+ on ! date ( ! next g5]al election = t (fice 7or1 if ! g5]al election result$ 9 a run(f election1 ! date ( ! run(f election74 7,c7 ,! p]son is e/abli%$1 direct$1 or manag$ by ! c&idate or committee or by any p]son :o1 dur+ ! #d-ye> p]iod end+ on ! date on :i* ! p]son makes ! paym5t1 has be5 employ$ or reta9$ z a political1 campaign m$ia1 or fundrais+ advis] or consultant = ! c&idate or committee or = any o!r entity directly or indirectly controll$ by ! c&idate or committee1 or has held a =mal position ) ! c&idate or committee4 7,d7 ,! p]son has reta9$ ! pr(essional s]vices ( any p]son :o1 dur+ ! #b-ye> p]iod end+ on ! date on :i* ! p]son makes ! paym5t1 has provid$ or is provid+ pr(essional s]vices relat+ to ! campaign to ! c&idate or committee4 ,= purposes ( ?is subp>agraph1 ! t]m pr(essional s]vices includes any s]vices 9 support ( ! c&idate's or committee's campaign activities1 includ+ adv]tis+1 message1 /rategy1 policy1 poll+1 allocation ( res\rces1 fundrais+1 & campaign op]ations1 b does n include acc\nt+ or legal s]vices4 7,e7 ,! p]son is e/abli%$1 direct$1 or manag$ by a memb] ( ! imm$iate family ( ! c&idate1 or ! p]son or any (fic] or ag5t ( ! p]son has _h m ?an incid5tal discussions ab\t ! c&idate's campaign ) a memb] ( ! imm$iate family ( ! c&idate4 ,= purposes ( ?is subp>agraph1 ! t]m imm$iate family has ! mean+ giv5 su* t]m 9 section #ijjd7;e7 ( ! ,int]nal ,rev5ue ,code ( #aihf4 7d7 ,cov]$ communication def9$ 7#a7 ,9 g5]al ,= purposes ( ?is section1 ! t]m cov]$ communication means1 ) respect to a c&idate or an au?oriz$ committee ( a c&idate1 a public communication 7z def9$ 9 section #cja7bb77 :i*-- 7,a7 expressly advocates ! election ( ! c&idate or ! defeat ( an oppon5t ( ! c&idate 7or conta9s ! functional equival5t ( express advocacy72 7,b7 promotes or supports ! c&idate1 or attacks or opposes an oppon5t ( ! c&idate 7reg>dless ( :e!r ! communication expressly advocates ! election or defeat ( a c&idate or conta9s ! functional equival5t ( express advocacy72 or 7,c7 ref]s to ! c&idate or an oppon5t ( ! c&idate b is n describ$ 9 subp>agraph 7,a7 or subp>agraph 7,b71 b only if ! communication is dissem9at$ dur+ ! applicable election p]iod4 7#b7 ,applicable election p]iod ,9 p>agraph 7#a77;,b71 ! applicable election p]iod ) respect to a communication means-- 7,a7 9 ! case ( a communication :i* ref]s to a c&idate 9 a g5]al1 special1 or run(f election1 ! #abj-;day p]iod :i* ends on ! date ( ! election2 or 7,b7 9 ! case ( a communication :i* ref]s to a c&idate 9 a prim>y or pref]5ce election1 or conv5tion or caucus ( a political p>ty t has au?ority to nom9ate a c&idate1 ! #fj-;day p]iod :i* ends on ! date ( ! election or conv5tion or caucus4 7#c7 ,special rules = communications involv+ congressional c&idates ,= purposes ( ?is subsection1 a public communication %all n be consid]$ to be a cov]$ communication ) respect to a c&idate = election = an (fice o!r ?an ! (fice ( ,presid5t or ,vice ,presid5t unless x is publicly dissem9at$ or di/ribut$ 9 ! jurisdiction ( ! (fice ! c&idate is seek+4 7e7 ,p5alty 7#a7 ,det]m9ation ( am\nt ,any p]son :o kn[+ly & willfully commits a violation ( ?is ,act by mak+ a contribution :i* consi/s ( a paym5t = a coord9at$ exp5diture %all be f9$ an am\nt equal to ! great] (-- 7,a7 9 ! case ( a p]son :o makes a contribution :i* consi/s ( a paym5t = a coord9at$ exp5diture 9 an am\nt exce$+ ! applicable contribution limit "u ?is ,act1 #cjj p]c5t ( ! am\nt by :i* ! am\nt ( ! paym5t made by ! p]son exce$s su* applicable contribution limit2 or 7,b7 9 ! case ( a p]son :o is prohibit$ "u ?is ,act f mak+ a contribution 9 any am\nt1 #cjj p]c5t ( ! am\nt ( ! paym5t made by ! p]son = ! coord9at$ exp5diture4 7#b7 ,jo9t & sev]al liability ,any director1 manag] or (fic] ( a p]son :o is subject to a p5alty "u p>agraph 7#a7 %all be jo9tly & sev]ally liable = any am\nt ( su* p5alty t is n paid by ! p]son prior to ! expiration ( ! #a-ye> p]iod :i* beg9s on ! date ! ,commission imposes ! p5alty or ! #a-ye> p]iod :i* beg9s on ! date ( ! f9al judgm5t foll[+ any judicial review ( ! ,commission's action1 :i*ev] is lat]4 4 7c7 ,effective date 7#a7 ,repeal ( exi/+ regulations on coord9ation ,effective ^u ! expiration ( ! #ij-;day p]iod :i* beg9s on ! date ( ! enactm5t ( ?is ,act-- 7,a7 ! regulations on coord9at$ communications adopt$ by ! ,f$]al ,election ,commission :i* are 9 effect on ! date ( ! enactm5t ( ?is ,act 7z set =? 9 #aa ,c4,f4,r4 ,"p #aji1 ,subp>t ,c1 "u ! head+ ,coord9ation7 are repeal$2 & 7,b7 ! ,f$]al ,election ,commission %all promulgate new regulations on coord9at$ communications :i* reflect ! am5dm5ts made by ?is title4 7#b7 ,effective date ,! am5dm5ts made by ?is section %all apply ) respect to paym5ts made on or aft] ! expiration ( ! #abj-;day p]iod :i* beg9s on ! date ( ! enactm5t ( ?is ,act1 )\t reg>d to :e!r or n ! ,f$]al ,election ,commission has promulgat$ regulations 9 accordance ) p>agraph 7#a77;,b7 z ( ! expiration ( su* p]iod4 #aajc4 ,cl>ification ( ban on fundrais+ = ,sup] ,p,a,cs by ,f$]al c&idates & (ficehold]s 7a7 ,9 ,g5]al ,section #cbc7;e77#a7 ( ! ,f$]al ,election ,campaign ,act ( #aiga 7#eb ,u4,s4,c4 #cjabe7;e77#a77 is am5d$-- 7#a7 by /rik+ or at ! end ( subp>agraph 7,a72 7#b7 by /rik+ ! p]iod at ! end ( subp>agraph 7,b7 & ins]t+ 2 or2 & 7#c7 by add+ at ! end ! foll[+ new subp>agraph3 7,c7 solicit1 receive1 direct1 or transf] funds to or on behalf ( any political committee :i* accepts donations or contributions t d n comply ) ! limitations1 prohibitions1 & report+ requirem5ts ( ?is ,act 7or to or on behalf ( any acc\nt ( a political committee :i* is e/abli%$ = ! purpose ( accept+ su* donations or contributions71 or to or on behalf ( any political organization "u section #ebg ( ! ,int]nal ,rev5ue ,code ( #aihf :i* accepts su* donations or contributions 7o!r ?an a committee ( a ,/ate or local political p>ty or a c&idate = election = ,/ate or local (fice74 4 7b7 ,effective ,date ,! am5dm5t made by subsection 7a7 %all apply ) respect to elections occurr+ aft] ,janu>y #a1 #bjag4 ,c ,real-,"t ,transp>5cy #abja4 ,%ort title ,?is subtitle may be cit$ z ! ,real ,"t ,transp>5cy ,act4 #abjb4 #dh-;h\r notification requir$ = all political committees receiv+ cumulative contributions ( #a1jjj or m dur+ a ye> f any contributor 7a7 ,notification ,section #cjd7;a77#f77;,a7 ( ! ,f$]al ,election ,campaign ,act ( #aiga 7#b ,u4,s4,c4 #dcd7;a77#f77;,a77 is am5d$ to read z foll[s3 7,a7 7i7 ,if a political committee receives an aggregate am\nt ( contributions equal to or great] ?an #a1jjj f any contributor dur+ a cal5d> ye>1 ! committee %all submit a notification to ! ,commission conta9+ ! "n ( ! committee 7&1 9 ! case ( an au?oriz$ committee ( a c&idate1 ! "n ( ! c&idate & ! (fice s\ght by ! c&idate71 ! id5tification ( ! contributor1 & ! date ( receipt & am\nt ( ! contributions involv$4 7ii7 ,if1 at any "t aft] a political committee is requir$ to submit a notification "u ?is subp>agraph ) respect to a contributor dur+ a cal5d> ye>1 ! political committee receives additional contributions f t contributor dur+ t ye>1 ! committee %all submit an additional notification "u clause 7i7 ) respect to su* contributor ea* "t ! aggregate am\nt ( ! additional contributions receiv$ f ! contributor dur+ ! ye> equals or exce$s #a1jjj 7exclud+ ! am\nt ( any contribution = :i* in=mation is requir$ to be includ$ 9 a previ\s notification "u ?is subp>agraph74 7iii7 ,! political committee %all submit ! notification requir$ "u ?is subp>agraph ) respect to a contributor-- 7,i7 9 ! case ( a notification describ$ 9 clause 7i71 n lat] ?an #dh h\rs aft] ! date on :i* ! aggregate am\nt ( contributions receiv$ f ! contributor dur+ ! cal5d> ye> fir/ equals or exce$s #a1jjj2 or 7,,ii7 9 ! case ( an additional notification describ$ 9 clause 7ii71 n lat] ?an #dh h\rs aft] ! date on :i* ! aggregate am\nt ( contributions receiv$ f ! contributor dur+ ! cal5d> ye> = :i* in=mation 0 n already includ$ 9 a notification "u ?is subp>agraph fir/ equals or exce$s #a1jjj4 7iv7 ,= purposes ( ?is subp>agraph1 any am\nt transf]r$ by a jo9t fundrais+ committee :i* is e/abli%$ by an au?oriz$ committee ( a c&idate to any o!r au?oriz$ committee ( t c&idate %all be treat$ z a contribution by ! jo9t fundrais+ committee to su* au?oriz$ committee4 4 7b7 ,effective ,date ,! am5dm5t made by subsection 7a7 %all apply ) respect to contributions receiv$ by a political committee "u ! ,f$]al ,election ,campaign ,act ( #aiga dur+ #bjaf or any succe$+ ye>1 except t no?+ 9 su* am5dm5t may be con/ru$ to require a political committee :i* does n receive contributions dur+ ! portion ( #bjaf :i* occurs aft] ! date ( ! enactm5t ( ?is ,act to meet ! requirem5ts ( section #cjd7;a77#f77;,a7 ( ! ,f$]al ,election ,campaign ,act ( #aiga1 z am5d$ by subsection 7a74 #abjc4 ,fil+ by ,s5ate c&idates ) ,f$]al ,election ,commission 7a7 ,m&atory ,fil+ ) ,,fec ,section #cjb7;g7 ( ! ,f$]al ,election ,campaign ,act ( #aiga 7#b ,u4,s4,c4 #dcb7;g77 is am5d$ to read z foll[s3 7g7 ,fil+ ,) ! ,commission ,all designations1 /atem5ts1 & reports requir$ to be fil$ "u ?is ,act %all be fil$ ) ! ,commission4 4 7b7 ,effective ,date ,! am5dm5t made by subsection 7a7 %all apply ) respect to mat]ials fil$ on or aft] ! date ( ! enactm5t ( ?is ,act4 ,d ,e/abli%m5t ( ,f$]al ,election ,adm9i/ration #acja4 ,%ort title ,?is subtitle may be cit$ z ! ,f$]al ,election ,adm9i/ration ,act ( #bjaf4 ,i ,f$]al election adm9i/ration #acaa4 ,e/abli%m5t ( ! ,f$]al ,election ,adm9i/ration 7a7 ,9 ,g5]al ,title ,,iii ( ! ,f$]al ,election ,campaign ,act ( #aiga 7#eb ,u4,s4,c4 #cjaja et seq47 is am5d$ by add+ at ! end ! foll[+ new subtitle3 ,b ,adm9i/rative ,provisions #a ,,e/abli%m5t ,,( ,,! ,,f$]al ,,election ,,adm9i/ration #cea4 ,e/abli%m5t ( ! ,f$]al ,election ,adm9i/ration 7a7 ,9 ,g5]al ,!re is e/abli%$ ! ,f$]al ,election ,adm9i/ration 79 ?is ,act ref]r$ to z ! ,adm9i/ration74 7b7 ,indep5d5t ,e/abli%m5t ,! ,adm9i/ration %all be an indep5d5t e/abli%m5t 7z def9$ 9 section #ajd ( title #e1 ,unit$ ,/ates ,code74 7c7 ,purpose ,! ,adm9i/ration %all adm9i/]1 seek to obta9 compliance )1 en=ce1 & =mulate policy 9 a mann] t is consi/5t ) ! language & int5t ( ,congress ) respect to ! foll[+ /atutes3 7#a7 ,?is ,act4 7#b7 ,! ,presid5tial ,election ,campaign ,fund ,act "u *apt] #ie ( ! ,int]nal ,rev5ue ,code ( #aihf4 7#c7 ,! ,presid5tial ,prim>y ,mat*+ ,paym5t ,acc\nt ,act "u *apt] #if ( ! ,int]nal ,rev5ue ,code ( #aihf4 7d7 ,exclusive ,civil ,jurisdiction ,! ,adm9i/ration %all h exclusive jurisdiction ) respect to ! civil en=cem5t ( ! /atutes id5tifi$ 9 subsection 7c74 7e7 ,vot+ ,requirem5t ,all decisions ( ! ,adm9i/ration ) respect to ! ex]cise ( its duties & p[]s "u ?is ,act1 except ^? expressly res]v$ = decision by ! ,*air1 %all be made by a majority vote ( its memb]s4 7f7 ,meet+s & ,quorum 7#a7 ,meet+s ,! ,adm9i/ration %all meet-- 7,a7 at lea/ once ea* mon?2 & 7,b7 at ! call ( ! ,*air4 7#b7 ,quorum ,a majority ( ! memb]s ( ! ,adm9i/ration %all con/itute a quorum4 7g7 ,seal ,! ,adm9i/ration %all procure a prop] seal1 ) su* suitable inscriptions & devices z ! ,presid5t %all approve4 ,?is seal1 to be kn[n z ! (ficial seal ( ! ,f$]al ,election ,adm9i/ration1 %all be kept & us$ to v]ify (ficial docum5ts1 "u su* rules & regulations z ! ,adm9i/ration may prescribe4 ,judicial notice %all be tak5 ( ! seal4 7h7 ,pr9cipal ,(fice ,! pr9cipal (fice ( ! ,adm9i/ration %all be 9 or ne> ! ,di/rict ( ,columbia1 b ! ,adm9i/ration may meet or ex]cise any ( its p[]s any:]e 9 ! ,unit$ ,/ates4 #ceb4 ,composition ( ! ,f$]al ,election ,adm9i/ration 7a7 ,9 ,g5]al ,! ,adm9i/ration %all be compos$ ( #e memb]s1 #a ( :om %all s]ve z ! ,*air ( ! ,adm9i/ration4 ,n m ?an #b memb]s ( ! ,adm9i/ration %all be affiliat$ ) ! same political p>ty :ile s]v+ z a memb] ( ! ,adm9i/ration4 ,= purposes ( ! prec$+ s5t5ce1 a memb] %all be treat$ z affiliat$ ) a political p>ty if su* memb] 0 affiliat$ ) su* political p>ty at any "t dur+ ! #e-ye> p]iod end+ on ! date on :i* su* individual is nom9at$ to be a memb] ( ! ,adm9i/ration4 7b7 ,appo9tm5t 7#a7 ,9 g5]al ,ea* memb] ( ! ,adm9i/ration %all be appo9t$ by ! ,presid5t1 by & ) ! advice & cons5t ( ! ,s5ate4 7#b7 ,*air ,! ,presid5t %all1 at ! "t ( nom9ation ( ! fir/ #e memb]s ( ! ,adm9i/ration1 designate #a ( ! #e to s]ve z ! ,*air4 ,any individual appo9t$ to succe$1 or to fill ! unexpir$ t]m (1 t memb] 7or any memb] succe$+ t memb]7 %all s]ve z ! ,*air4 7#c7 ,qualifications 7,a7 ,9 g5]al ,! ,presid5t may select an individual = s]vice z a ,memb] ( ! ,commission if ! individual has exp]i5ce 9 election law & has a demon/rat$ record ( integrity1 imp>tiality1 & good judgm5t4 7,b7 ,assi/ance ( blue ribbon advisory panel 7i7 ,9 g5]al ,prior to ! regul>ly s*$ul$ expiration ( ! t]m ( a memb] ( ! ,commission & ^u ! occurr5ce ( a vacancy 9 ! memb]%ip ( ! ,commission prior to ! expiration ( a t]m1 ! ,presid5t %all conv5e a ,blue ,ribbon ,advisory ,panel1 t includes individuals repres5t+ ea* major political p>ty & individuals :o are indep5d5t ( a political p>ty & t consi/s ( an odd numb] ( individuals select$ by ! ,presid5t f retir$ ,f$]al judges1 =m] law en=cem5t (ficials1 or individuals ) exp]i5ce 9 election law1 except t ! ,presid5t may n select any individual to s]ve on ! panel :o holds any public (fice at ! "t ( selection4 7ii7 ,recomm5dations ,) respect to ea* memb] ( ! ,commission ^: t]m is expir+ or ea* vacancy 9 ! memb]%ip ( ! ,commission 7z ! case may be71 ! ,blue ,ribbon ,advisory ,panel %all recomm5d to ! ,presid5t at lea/ "o b n m ?an #c individuals = nom9ation = appo9tm5t z a memb] ( ! ,commission4 7iii7 ,publication ,at ! "t ! ,presid5t submits to ! ,s5ate ! nom9ations = individuals to be appo9t$ z memb]s ( ! ,commission1 ! ,presid5t %all publi% ! ,blue ,ribbon ,advisory ,panel's recomm5dations = su* nom9ations4 7iv7 ,exemption f ,f$]al ,advisory ,committee ,act ,! ,f$]al ,advisory ,committee ,act 7#e ,u4,s4,c4 ,app47 %all n apply to a ,blue ,ribbon ,advisory ,panel conv5$ "u ?is subp>agraph4 7c7 ,t]m ( ,(fice 7#a7 ,9 g5]al 7,a7 ,*air ,! ,*air ( ! ,adm9i/ration %all be appo9t$ = a t]m ( #aj ye>s4 7,b7 ,o!r memb]s ,subject to subp>agraph 7,c71 ! #d memb]s ( ! ,adm9i/ration o!r ?an ! ,*air %all be appo9t$ = a t]m ( #f ye>s4 7,c7 ,initial appo9tm5ts ,( ! memb]s initially appo9t$ "u subp>agraph 7,b71 #b memb]s %all be appo9t$ = a t]m ( #c ye>s4 7#b7 ,limitation to "o t]m ,a memb] ( ! ,adm9i/ration may only s]ve #a t]m1 except t-- 7,a7 an individual appo9t$ "u subp>agraph 7,b7 ( p>agraph 7#a7 :o is appo9t$ = ! t]m describ$ 9 subp>agraph 7,c7 ( su* p>agraph may be appo9t$ to a #f-ye> t]m 9 addition to ! t]m describ$ 9 su* subp>agraph2 & 7,b7 an individual appo9t$ "u p>agraph 7#d7 to fill ! rema9d] ( an unexpir$ t]m t has less ?an #a_/b ( ! t]m rema9+ may be appo9t$ to s]ve ano!r t]m4 7#c7 ,expir$ t]ms ,an individual may cont9ue to s]ve z a memb] ( ! ,adm9i/ration aft] ! expiration ( su* individual's t]m until ! e>li] (-- 7,a7 ! date on :i* su* individual's successor has tak5 (fice2 or 7,b7 #a ye> foll[+ ! date on :i* ! t]m ( su* memb] expir$4 7#d7 ,vacancies ,an individual appo9t$ ^u a vacancy occurr+ be=e ! expiration ( ! t]m = :i* ! individual's pr$ecessor 0 appo9t$ %all be appo9t$ only = ! unexpir$ t]m ( ! pr$ecessor4 ,su* vacancy %all be fill$ 9 ! same mann] z ! orig9al appo9tm5t4 7#e7 ,prohibit+ engagem5t ) o!r bus9ess or employm5t dur+ s]vice ,a memb] ( ! ,commission %all n engage 9 any o!r bus9ess1 vocation1 or employm5t4 ,any individual :o is engag+ 9 any o!r bus9ess1 vocation1 or employm5t at ! "t ( 8 or h] appo9tm5t to ! ,commission %all t]m9ate or liquidate su* activity n lat] ?an #ij days aft] su* appo9tm5t4 7d7 ,removal ,a memb] ( ! ,adm9i/ration may be remov$ by ! ,presid5t only = ineffici5cy1 neglect ( duty1 or malfeasance 9 (fice4 #cec4 ,/aff director 7a7 ,9 ,g5]al ,!re %all be 9 ! ,adm9i/ration a /aff director4 7b7 ,responsibilities ,! /aff director-- 7#a7 %all assi/ ! ,adm9i/ration 9 its adm9i/ration & op]ations2 7#b7 %all p]=m su* responsibilities z ! ,adm9i/ration %all prescribe2 & 7#c7 may1 ) ! approval ( ! ,*air-- 7,a7 appo9t & fix ! pay ( su* additional p]sonnel z ! /aff director consid]s appropriate )\t reg>d to ! provisions ( title #e1 ,unit$ ,/ates ,code1 gov]n+ appo9tm5ts 9 ! competitive s]vice2 & 7,b7 procure tempor>y & int]mitt5t s]vices to ! same ext5t z is au?oriz$ by section #caji7;b7 ( title #e1 ,unit$ ,/ates ,code1 b at rates = individuals n to exce$ ! daily equival5t ( ! annual rate ( basic pay 9 effect = grade ,,gs-#ae ( ! ,g5]al ,s*$ule 7#e ,u4,s4,c4 #eccb74 7c7 ,appo9tm5t ,! /aff director %all be appo9t$ by ! ,*air1 aft] consultation ) ! o!r memb]s ( ! ,adm9i/ration4 7d7 ,o!r ,activities ,an individual may n engage 9 any o!r bus9ess1 vocation1 or employm5t :ile s]v+ z ! /aff director4 #ced4 ,g5]al c\nsel 7a7 ,9 ,g5]al ,!re %all be 9 ! ,adm9i/ration a g5]al c\nsel4 7b7 ,responsibilities ,! g5]al c\nsel %all-- 7#a7 s]ve z ! *ief legal (fic] ( ! ,adm9i/ration2 7#b7 provide legal assi/ance to ! ,adm9i/ration conc]n+ its programs & policies2 7#c7 advise & assi/ ! ,adm9i/ration 9 c>ry+ out its responsibilities "u section #cfa2 & 7#d7 repres5t ! ,adm9i/ration 9 any proce$+ 9 c\rt or be=e an adm9i/rative law judge4 7c7 ,appo9tm5t ,! g5]al c\nsel %all be appo9t$ by ! ,*air1 subject to approval by majority vote ( ! memb]s ( ! ,adm9i/ration4 #cee4 ,inspector g5]al ,!re %all be 9 ! ,adm9i/ration an inspector g5]al4 ,! inspector g5]al & ! (fice ( inspector g5]al %all be subject to ! ,inspector ,g5]al ,act ( #aigh 7#e ,u4,s4,c4 ,app474 #b ,,op]ation ,,( ,,! ,,f$]al ,,election ,,adm9i/ration #cfa4 ,p[]s ( ! ,*air & ,adm9i/ration 7a7 ,*air 7#a7 ,9 g5]al ,! ,*air %all be ! *ief adm9i/rative (fic] ( ! ,adm9i/ration ) ! au?ority to adm9i/] ! ,adm9i/ration & %all1 aft] consultation ) ! o!r memb]s ( ! ,adm9i/ration1 h ! p[] to appo9t or remove ! /aff director & to e/abli% ! budget ( ! ,adm9i/ration4 7#b7 ,o!r p[]s ,! ,*air has ! p[]-- 7,a7 to ! fulle/ ext5t practicable1 to reque/ ! assi/ance ( o!r ag5cies & dep>tm5ts ( ! ,unit$ ,/ates1 includ+ ! p]sonnel & facilities ( su* ag5cies & dep>tm5ts & ! heads ( su* ag5cies & dep>tm5ts may make available to ! ,*air su* p]sonnel1 facilities1 & o!r assi/ance1 ) or )\t reimbursem5t2 7,b7 to appo9t1 assign1 remove1 & comp5sate adm9i/rative law judges 9 accordance ) title #e1 ,unit$ ,/ates ,code2 7,c7 to require1 by special or g5]al ord]s1 any p]son to submit1 "u oa?1 su* writt5 reports & answ]s to que/ions z ! ,*air may prescribe2 7,d7 to adm9i/] oa?s or affirmations2 7,e7 to issue & en=ce subpo5as 9 accordance ) section #cfd2 7,f7 9 any proce$+ or inve/igation1 to ord] te/imony to be tak5 by deposition be=e any p]son :o is designat$ by ! ,*air & has ! p[] to adm9i/] oa?s &1 9 su* in/ances1 to compel te/imony & ! production ( evid5ce 9 ! same mann] z au?oriz$ "u subp>agraph 7,e72 7,g7 to pay witnesses fees & mileage 9 accordance ) section #cfd7;d72 & 7,h7 to make indep5d5t budget reque/s to ,congress 9 accordance ) section #cfb4 7b7 ,adm9i/ration ,! ,adm9i/ration %all h ! p[]-- 7#a7 to initiate1 def5d1 or appeal1 ?r\gh ! g5]al c\nsel1 any civil action 9 ! "n ( ! ,adm9i/ration to en=ce ! provisions ( ?is ,act & *apt]s #ie & #if ( ! ,int]nal ,rev5ue ,code ( #aihf2 7#b7 to assess civil p5alties = violations ( ?is ,act & *apt]s #ie & #if ( ! ,int]nal ,rev5ue ,code ( #aihf2 7#c7 to issue cease-&-desi/ ord]s to prev5t violations ( ?is ,act & *apt]s #ie & #if ( ! ,int]nal ,rev5ue ,code ( #aihf2 7#d7 to e/abli% proc$ures & s*$ules = ag5cy adjudication t ensure timely en=cem5t ( ?is ,act & *apt]s #ie & #if ( ! ,int]nal ,rev5ue ,code ( #aihf2 7#e7 to r5d] advisory op9ions "u section #cfc2 7#f7 to develop prescrib$ =ms1 & to make1 am5d1 & repeal rules1 pursuant to section #cfe2 7#g7 to e/abli% proc$ures = alt]native dispute resolution ( violations ( ?is ,act or ( *apt]s #ie or #if ( ! ,int]nal ,rev5ue ,code ( #aihf2 7#h7 to conduct inve/igations & he>+s exp$iti\sly1 to enc\rage volunt>y compliance1 & to report app>5t violations to ! appropriate law en=cem5t au?orities2 & 7#i7 to transmit to ! ,presid5t & to ,congress n lat] ?an ,june #a ( ea* ye>1 a report :i* /ates 9 detail ! activities ( ! ,adm9i/ration 9 c>ry+ out its duties "u ?is ,act1 & :i* includes any recomm5dations = any legislative or o!r action ! ,adm9i/ration consid]s appropriate4 #cfb4 ,indep5d5t budget reque/s & legislative proposals 7a7 ,exemption ,f ,,omb ,ov]sight ,:5ev] ! ,*air submits any budget e/imate or reque/ to ! ,presid5t or ! ,(fice ( ,managem5t & ,budget1 ! ,*air %all concurr5tly transmit a copy ( su* e/imate or reque/ to ,congress4 7b7 ,au?ority ,to ,make ,indep5d5t ,legislative ,recomm5dations ,:5ev] ! ,adm9i/ration submits any legislative recomm5dation1 te/imony1 or comm5ts on legislation reque/$ by ,congress or by any ,memb] ( ,congress1 to ! ,presid5t or ! ,(fice ( ,managem5t & ,budget1 ! ,adm9i/ration %all concurr5tly transmit a copy !re( to ,congress or to ! ,memb] reque/+ ! same4 ,no (fic] or ag5cy ( ! ,unit$ ,/ates %all h any au?ority to require ! ,adm9i/ration to submit its legislative recomm5dations1 te/imony1 or comm5ts on legislation1 to any (fice or ag5cy ( ! ,unit$ ,/ates = approval1 comm5ts1 or review1 prior to ! submission ( su* recomm5dations1 te/imony1 or comm5ts to ,congress4 #cfc4 ,advisory op9ions 7a7 ,reque/s = ,advisory ,op9ions 7#a7 ,9 g5]al ,n lat] ?an #fj days aft] ! ,adm9i/ration receives f a p]son a complete writt5 reque/ conc]n+ ! application ( ?is ,act1 *apt] #ie or #if ( ! ,int]nal ,rev5ue ,code ( #aihf1 or a rule or regulation prescrib$ by ! ,adm9i/ration1 ) respect to a specific transaction or activity by ! p]son1 ! ,adm9i/ration %all r5d] a writt5 advisory op9ion relat+ to su* transaction or activity to ! p]son4 7#b7 ,reque/s by c&idates ,if an advisory op9ion is reque/$ by a c&idate1 or any au?oriz$ committee ( su* c&idate1 dur+ ! #fj-;day p]iod be=e any election = ,f$]al (fice involv+ ! reque/+ p>ty1 ! ,adm9i/ration %all r5d] a writt5 advisory op9ion relat+ to su* reque/ n lat] ?an #bj days aft] ! ,adm9i/ration receives a complete writt5 reque/4 7b7 ,rulemak+ ,requir$ ,any rule ( law :i* is n /at$ 9 ?is ,act or 9 *apt] #ie or #if ( ! ,int]nal ,rev5ue ,code ( #aihf may be initially propos$ by ! ,adm9i/ration only z a rule or regulation pursuant to proc$ures e/abli%$ 9 section #cfe4 ,no op9ion ( an advisory nature may be issu$ by ! ,adm9i/ration or any o!r (fic] or employee ( ! ,adm9i/ration except 9 accordance ) ! provisions ( ?is section4 7c7 ,reliance on ,advisory ,op9ions 7#a7 ,9 g5]al ,any advisory op9ion r5d]$ by ! ,adm9i/ration "u subsection 7a7 may be reli$ ^u by-- 7,a7 any p]son involv$ 9 ! specific transaction or activity ) respect to :i* su* advisory op9ion is r5d]$2 & 7,b7 any p]son involv$ 9 any specific transaction or activity :i* is indi/+ui%able 9 all its mat]ial aspects f ! transaction or activity ) respect to :i* su* advisory op9ion is r5d]$4 7#b7 ,protection f liability ,not)/&+ any o!r provisions ( law1 any p]son :o relies ^u any provision or f9d+ ( an advisory op9ion 9 accordance ) ! provisions ( p>agraph 7#a7 & :o acts 9 good fai? 9 accordance ) ! provisions & f9d+s ( su* advisory op9ion %all n1 z a result ( any su* act1 be subject to any sanction provid$ by ?is ,act or by *apt] #ie or #if ( ! ,int]nal ,rev5ue ,code ( #aihf4 7d7 ,notice & comm5t 7#a7 ,publication ( reque/s ,! ,adm9i/ration %all make public any reque/ made "u subsection 7a7 = an advisory op9ion4 7#b7 ,opportunity to comm5t 7,a7 ,writt5 comm5ts ,be=e r5d]+ an advisory op9ion1 ! ,adm9i/ration %all accept writt5 comm5ts submitt$ by any int]e/$ p>ty )9 ! #aj-;day p]iod foll[+ ! date on :i* ! reque/ is made public4 7,b7 ,te/imony ,to ! ext5t t ! ,commission provides an opportunity = a p]son reque/+ an advisory op9ion "u ?is section 7or c\nsel = su* p]son7 to appe> be=e ! ,commission to pres5t te/imony 9 support ( ! reque/1 & ! p]son 7or c\nsel7 accepts su* opportunity1 ! ,commission %all provide a reasonable opportunity = an int]e/$ p>ty :o submitt$ writt5 comm5ts "u subp>agraph 7,a7 9 response to ! reque/ 7or c\nsel = su* int]e/$ p>ty7 to appe> be=e ! ,commission to pres5t te/imony 9 response to ! reque/4 7e7 ,judicial ,review 7#a7 ,9 g5]al ,any p]son adv]sely affect$ by an advisory op9ion r5d]$ by ! ,adm9i/ration may obta9 judicial review ( su* advisory op9ion by fil+ a petition 9 ! ,unit$ ,/ates ,c\rt ( ,appeals = ! ,di/rict ( ,columbia ,circuit4 7#b7 ,scope ( review ,= purposes ( conduct+ ! judicial review describ$ 9 p>agraph 7#a71 ! provisions ( section #gjf ( title #e1 ,unit$ ,/ates ,code1 %all apply4 #cfd4 ,issuance & en=cem5t ( subpo5as 7a7 ,issuance by ! ,*air ,if ! ,adm9i/ration is conduct+ an inve/igation pursuant to section #cga or #cgb1 ! ,*air %all1 on behalf ( ! ,adm9i/ration1 h ! p[] to require by subpo5a ! att5dance & te/imony ( witnesses & ! production ( all docum5t>y evid5ce relat+ to ! execution ( ! ,adm9i/ration's duties4 7b7 ,issuance by an ,adm9i/rative ,law ,judge ,any adm9i/rative law judge presid+ ov] an en=cem5t action pursuant to section #cgc %all h ! p[] to require by subpo5a ! att5dance & te/imony ( witnesses & ! production ( all docum5t>y evid5ce relat+ to ! adm9i/rative law judge's duties4 7c7 ,issuance & ,en=cem5t ( ,subpo5as 7#a7 ,issuance ,subpo5as issu$ "u subsection 7a7 or 7b7 %all be> ! signature ( ! ,*air or an adm9i/rative law judge1 respectively1 & %all be s]v$ by any p]son or class ( p]sons designat$ by ! ,*air or adm9i/rative law judge = t purpose4 7#b7 ,en=cem5t ,9 ! case ( contumacy or failure to obey a subpo5a issu$ "u subsection 7a7 or 7b71 ! ,f$]al di/rict c\rt = ! judicial di/rict 9 :i* ! subpo5a$ p]son resides1 is s]v$1 or may be f\nd may issue an ord] requir+ su* p]son to appe> at any designat$ place to te/ify or to produce docum5t>y or o!r evid5ce4 ,any failure to obey ! ord] ( ! c\rt may be puni%$ by ! c\rt z a contempt ( t c\rt4 7d7 ,witness ,all[ances & ,fees ,section #ahba ( title #bh1 ,unit$ ,/ates ,code1 %all apply to witnesses reque/$ or subpo5a$ to appe> at any he>+ ( ! ,adm9i/ration4 ,! p] diem & mileage all[ances = witnesses %all be paid f funds available to pay ! exp5ses ( ! ,adm9i/ration4 7e7 ,jurisdiction ,subpo5as = witnesses :o are requir$ to att5d a ,f$]al di/rict c\rt may run into any o!r di/rict4 #cfe4 ,rulemak+ au?ority 7a7 ,9 ,g5]al ,! ,adm9i/ration may1 pursuant to ! provisions ( *apt] #e ( title #e1 ,unit$ ,/ates ,code1 prescribe su* rules & regulations z ! ,adm9i/ration deems necess>y to c>ry out ! provisions ( ?is ,act & *apt]s #ie & #if ( ! ,int]nal ,rev5ue ,code ( #aihf1 includ+ ! au?ority to promulgate rules ( practice & proc$ure = ag5cy adjudications4 7b7 ,au?ority ,to ,promulgate ,indep5d5t ,regulations ,:5ev] ! ,adm9i/ration promulgates any regulation1 x %all n be requir$ to submit su* regulation = review or approval to ! ,presid5t or ! ,(fice ( ,managem5t & ,budget4 7c7 ,conduct ( ,activities ,! ,adm9i/ration %all prep>e writt5 rules = ! conduct ( its activities1 includ+ proc$ures = ! conduct ( en=cem5t actions "u sections #cga1 #cgb1 & #cgc4 7d7 ,=ms 7#a7 ,9 g5]al ,! ,adm9i/ration %all prescribe =ms necess>y to implem5t ?is ,act & *apt]s #ie & #if ( ! ,int]nal ,rev5ue ,code ( #aihf4 7#b7 ,public protection ,any =ms prescrib$ by ! ,adm9i/ration "u p>agraph 7#a71 & any in=mation-ga!r+ activities ( ! ,adm9i/ration "u ?is ,act1 %all n be subject to ! provisions ( section #ceab ( title #dd1 ,unit$ ,/ates ,code4 7e7 ,reliance ,^u ,rules & ,regulations ,not)/&+ any o!r provision ( law1 any p]son :o relies ^u any rule or regulation prescrib$ by ! ,adm9i/ration 9 accordance ) ! provisions ( ?is section & :o acts 9 good fai? 9 accordance ) su* rule or regulation %all n1 z a result ( su* act1 be subject to any sanction provid$ by ?is ,act or by *apt] #ie or #if ( ! ,int]nal ,rev5ue ,code ( #aihf4 7f7 ,consultation ,) ,,irs ,9 prescrib+ rules1 regulations1 & =ms "u ?is section1 ! ,adm9i/ration & ! ,secret>y ( ! ,treasury %all consult & "w toge!r to promulgate rules1 regulations1 & =ms :i* are mutually consi/5t4 ,! ,adm9i/ration %all report to ,congress annually on ! /eps x has tak5 to comply ) ?is subsection4 7g7 ,judicial ,review 7#a7 ,9 g5]al ,any p]son adv]sely affect$ by a rule1 regulation1 or =m promulgat$ by ! ,adm9i/ration may obta9 judicial review ( su* rule1 regulation1 or =m by fil+ a petition 9 ! ,unit$ ,/ates ,c\rt ( ,appeals = ! ,di/rict ( ,columbia ,circuit4 7#b7 ,scope ( review ,= purposes ( conduct+ ! judicial review describ$ 9 p>agraph 7#a71 ! provisions ( section #gjf ( title #e1 ,unit$ ,/ates ,code1 %all apply4 7h7 ,rule & ,regulation ,def9$ ,9 ?is ,act1 ! t]ms rule & regulation mean a provision or s]ies ( int]relat$ provisions /at+ a s+le1 sep>able rule ( law4 #cff4 ,litigation au?ority 7a7 ,9 ,g5]al ,not)/&+ sections #eaf & #eah ( title #bh1 ,unit$ ,/ates ,code1 & section #cajf ( title #e1 ,unit$ ,/ates ,code1 ! ,adm9i/ration is au?oriz$ to br+1 appe> 91 def5d aga9/1 & appeal any action in/itut$ "u ?is ,act or *apt] #ie or #if ( ! ,int]nal ,rev5ue ,code ( #aihf1 9 any c\rt ei!r-- 7#a7 by attorneys employ$ by ! ,adm9i/ration2 or 7#b7 by c\nsel :om x may appo9t1 on a tempor>y basis z may be necess>y = su* purpose1 )\t reg>d to ! provisions ( title #e1 ,unit$ ,/ates ,code1 gov]n+ appo9tm5ts 9 ! competitive s]vice1 & ^: comp5sation x may fix )\t reg>d to ! provisions ( *apt] #ea & sub*apt] ,,iii ( *apt] #ec ( su* title4 7b7 ,comp5sation ( ,appo9t$ ,c\nsel ,! comp5sation ( c\nsel appo9t$ on a tempor>y basis "u subsection 7a77#b7 %all be paid out ( any funds o!rwise available to pay ! comp5sation ( employees ( ! ,adm9i/ration4 7c7 ,indep5d5ce ,f ,attorney ,g5]al ,9 pursu+ an action "u ?is section1 ! ,adm9i/ration may act indep5d5tly ( ! ,attorney ,g5]al4 #cfg4 ,availability ( reports 7a7 ,9 ,g5]al ,! ,adm9i/ration %all-- 7#a7 prep>e1 publi%1 & furni% to all p]sons requir$ to file reports & /atem5ts "u ?is ,act a manual recomm5d+ uni=m me?ods ( bookkeep+ & report+2 7#b7 develop a fil+1 cod+1 & cross-index+ sy/em consi/5t ) ! purposes ( ?is ,act2 7#c7 )9 #dh h\rs aft] ! "t ( ! receipt by ! ,adm9i/ration ( reports & /atem5ts fil$ ) ! ,adm9i/ration1 make !m available = public inspection1 & copy+1 at ! exp5se ( ! p]son reque/+ su* copy+1 except t any in=mation copi$ f su* reports or /atem5ts may n be sold or us$ by any p]son = ! purpose ( solicit+ contributions or = comm]cial purposes1 o!r ?an us+ ! "n & address ( any political committee to solicit contributions f su* committee2 7#d7 keep su* designations1 reports1 & /atem5ts = a p]iod ( #aj ye>s f ! date ( receipt & ma9ta9 comput]iz$ records ( su* designations1 reports1 & /atem5ts !reaft]2 7#e7 7,a7 compile & ma9ta9 a cumulative index ( designations1 reports1 & /atem5ts fil$ "u ?is ,act1 publi% ! index at regul> int]vals1 & make ! index available = pur*ase directly or by mail2 7,b7 compile1 ma9ta91 & revise a sep>ate cumulative index ( reports & /atem5ts fil$ by multic&idate committees1 includ+ 9 su* index a li/ ( multic&idate committees2 & 7,c7 compile & ma9ta9 a li/ ( multic&idate committees1 :i* %all be revis$ & made available mon?ly2 7#f7 prep>e & publi% p]iodically li/s ( au?oriz$ committees :i* fail to file reports z requir$ by ?is ,act2 & 7#g7 s]ve z a national cle>+h\se = ! compilation ( in=mation & review ( proc$ures ) respect to ! adm9i/ration ( ,f$]al elections4 7b7 ,pseudonyms ,= purposes ( subsection 7a77#c71 a political committee may submit #aj pseudonyms on ea* report fil$ 9 ord] to protect aga9/ ! illegal use ( names & addresses ( contributors1 b only if su* committee atta*es a li/ ( su* pseudonyms to ! appropriate report4 ,! ,adm9i/ration %all exclude ^! li/s f ! public record4 7c7 ,contracts ,! ,adm9i/ration may ent] into contracts = ! purpose ( p]=m+ ! duties describ$ 9 subsection 7a74 7d7 ,availability ( ,reports ,reports or o!r in=mation describ$ 9 subsection 7a7 %all be available to ! public1 except t-- 7#a7 copies %all be made available )\t co/1 ^u reque/1 to ag5cies & bran*es ( ! ,f$]al ,gov]nm5t2 & 7#b7 in=mation made available z a result ( ! application ( p>agraph 7#g7 ( su* subsection %all be made available to ! public only ^u ! paym5t ( ! co/ !re(4 #cfh4 ,audits & field exam9ations 7a7 ,9 ,g5]al ,! ,adm9i/ration may1 9 accordance ) ! provisions ( ?is section1 conduct audits & field inve/igations ( any political committee requir$ to file a report "u section #cjd4 7b7 ,priority ,all audits & field inve/igations conc]n+ ! v]ification =1 & receipt & use (1 any paym5ts receiv$ by a c&idate or committee "u *apt] #ie or #if ( ! ,int]nal ,rev5ue ,code ( #aihf %all be giv5 priority4 7c7 ,audits & ,field ,exam9ations ,:]e ,?re%olds ,n ,met 7#a7 ,int]nal review ,! ,adm9i/ration %all conduct an int]nal review ( reports fil$ by select$ committees to det]m9e if ! reports fil$ by a p>ticul> committee meet ! ?re%old requirem5ts = sub/antial compliance ) ! ,act4 ,su* ?re%olds = compliance %all be e/abli%$ by ! ,adm9i/ration4 7#b7 ,audits & field exam9ations ,! ,adm9i/ration may vote to conduct an audit & field inve/igation ( any committee :i* x det]m9es "u p>agraph 7#a7 does n meet ! ?re%old requirem5ts e/abli%$ by ! ,adm9i/ration4 ,su* audits %all be comm5c$ )9 #cj days ( su* vote1 except t any audit "u ! provisions ( ?is subsection ( an au?oriz$ committee ( a c&idate %all be comm5c$ )9 #f mon?s ( ! election = :i* su* committee is au?oriz$4 7d7 ,r&om ,audits 7#a7 ,9 g5]al ,9 addition to any audits conduct$ "u subsection 7c71 ! ,adm9i/ration may1 subject to p>agraph 7#b71 conduct audits ( any committee select$ at r&om to ensure compliance ) ?is ,act4 ,! selection ( any committee "u ?is p>agraph %all be bas$ on /&>ds & proc$ures adopt$ by ! ,adm9i/ration1 except t 9 any cal5d> ye> su* audits may be initiat$ aga9/ no m ?an #c p]c5t ( all au?oriz$ c&idate campaign committees4 7#b7 ,applicable rules 7,a7 ,9 g5]al ,if ! ,adm9i/ration selects a committee = audit "u p>agraph 7#a71 ! ,adm9i/ration %all promptly notify ! committee ( ! selection & comm5ce ! audit )9 #cj days ( ! selection4 7,b7 ,special rules = au?oriz$ committees ,if ! committee select$ "u p>agraph 7#a7 is an au?oriz$ committee ( a c&idate1 ! audit-- 7i7 %all be comm5c$ & actively und]tak5 )9 #f mon?s ( ! election = :i* ! committee is au?oriz$2 & 7ii7 may exam9e compliance ) ?is ,act only ) respect to t election4 7#c7 ,exception ,?is subsection %all n apply to an au?oriz$ committee ( a c&idate = ,presid5t or ,vice ,presid5t subject to audit "u section #ijjg or #ijch ( ! ,int]nal ,rev5ue ,code ( #aihf4 #cfi4 ,congressional ov]sight ,no?+ 9 ?is ,act %all be con/ru$ to limit1 re/rict1 or dim9i% any inve/igatory1 in=mational1 ov]sight1 sup]visory1 or discipl9>y au?ority or function ( ,congress or any committee ( ,congress ) respect to elections = ,f$]al (fice4 #c ,,en=cem5t #cga4 ,initiation ( en=cem5t actions by ,adm9i/ration 7a7 ,9 ,g5]al ,! ,adm9i/ration may initiate a civil en=cem5t action "u section #cgc if1 aft] conduct+ an inve/igation1 ! ,adm9i/ration f9ds reasonable gr\nds to believe t a violation ( ?is ,act or ( *apt] #ie or #if ( ! ,int]nal ,rev5ue ,code ( #aihf has occurr$ or is ab\t to occur4 7b7 ,basis = ,f9d+s ,! ,adm9i/ration may make a f9d+ "u subsection 7a7 bas$ on any in=mation available to ! ,adm9i/ration1 includ+ ! fil+ ( a compla9t "u section #cgb4 7c7 ,notice & ,opportunity ,to ,demon/rate ,no ,violation ,prior to initiat+ an en=cem5t action "u subsection 7a71 ! ,adm9i/ration %all give any p]son "u inve/igation notice & ! opportunity to demon/rate t !re are no reasonable gr\nds to believe a violation has occurr$ or is ab\t to occur1 b ! ,adm9i/ration's decision on su* matt] %all n be subject to judicial review4 #cgb4 ,compla9t to initiate en=cem5t action 7a7 ,fil+ ( ,compla9t 7#a7 ,9 g5]al ,any p]son may file a compla9t ) ! ,adm9i/ration alleg+ a violation ( ?is ,act or ( *apt] #ie or #if ( ! ,int]nal ,rev5ue ,code ( #aihf4 7#b7 ,te*nical requirem5ts ,a compla9t fil$ "u p>agraph 7#a7 %all be-- 7,a7 9 writ+1 sign$1 & sworn to by ! p]son fil+ su* compla9t2 7,b7 not>iz$2 & 7,c7 made "u p5alty ( p]jury & subject to ! provisions ( section #ajja ( title #ah1 ,unit$ ,/ates ,code4 7#c7 ,action by ! adm9i/ration ,subject to p>agraph 7#d71 bas$ on ! allegations 9 a compla9t fil$ "u p>agraph 7#a71 & su* inve/igations ! ,adm9i/ration deems necess>y & appropriate1 ! ,adm9i/ration may-- 7,a7 initiate a civil en=cem5t action "u section #cgc if ! ,adm9i/ration f9ds reasonable gr\nds to believe a violation has occurr$ or is ab\t to occur2 or 7,b7 dismiss ! compla9t4 7#d7 ,prohibition ( anonym\s compla9ts ,! ,commission may n conduct any inve/igation or take any o!r action "u ?is section solely on ! basis ( a compla9t ( a p]son ^: id5tity is n disclos$ to ! ,adm9i/ration4 7#e7 ,recov]y ( co/s ,any p]son :o has fil$ a compla9t "u p>agraph 7#a7 %all be entitl$ to recov] f ! ,adm9i/ration up to #a1jjj ( ! co/s incurr$ 9 prep>+ & fil+ ! compla9t if1 bas$ on ! compla9t1 ! ,adm9i/ration-- 7,a7 makes a f9d+ "u section #cgc7;a7 t a p]son has violat$ 7or is ab\t to violate7 ! ,act2 or 7,b7 ent]s into a conciliation agreem5t ) a p]son "u section #cgc7;c74 7b7 ,notice & ,opportunity ,to ,demon/rate ,no ,violation ,prior to initiat+ an en=cem5t action "u subsection 7a77#c77;,a71 ! ,adm9i/ration %all give any p]son nam$ 9 a compla9t notice & an opportunity to demon/rate t !re are no reasonable gr\nds to believe a violation describ$ 9 su* subsection has occurr$ or is ab\t to occur1 b ! ,adm9i/ration's det]m9ation "u subsection 7a77#c7 %all n be subject to judicial review 9 an action br\ght by su* p]son4 7c7 ,failure by ! ,adm9i/ration ,to ,take ,timely ,action 7#a7 ,9 g5]al ,if ! ,adm9i/ration-- 7,a7 dismisses a compla9t fil$ "u subsection 7a72 or 7,b7 fails to initiate a civil en=cem5t action "u section #cgc )9 #ahj days ( ! fil+ ( su* a compla9t1 ! p]son fil+ ! compla9t "u subsection 7a7 may seek judicial review ( ! ,adm9i/ration's dismissal1 or failure to act1 9 ,f$]al di/rict c\rt 9 ! ,di/rict ( ,columbia or 9 ! di/rict 9 :i* su* p]son resides4 7#b7 ,scope ( review ,! c\rt %all review ! ,adm9i/ration's dismissal ( ! compla9t or failure to act 9 accordance ) ! provisions ( section #gjf ( title #e1 ,unit$ ,/ates ,code4 7#c7 ,c\rt ord]s ,! c\rt may ord] ! ,adm9i/ration to initiate an en=cem5t action or to conduct a fur!r inve/igation ( ! compla9t )9 a "t set by ! c\rt4 #cgc4 ,civil en=cem5t actions 7a7 ,9 ,g5]al ,! ,adm9i/ration %all h ! au?ority to impose a civil monet>y p5alty "u section #cge1 issue a cease-&-desi/ ord] "u section #cgf1 or d bo?1 if ! ,adm9i/ration f9ds1 by an ord] made on ! record aft] notice & an opportunity = he>+ be=e an adm9i/rative law judge pursuant to sub*apt] ,,ii ( *apt] #e ( title #e1 ,unit$ ,/ates ,code1 t a p]son has violat$ 7or1 9 ! case ( a cease-&-desi/ ord]1 has violat$ or is ab\t to violate7 ?is ,act or *apt] #ie or #if ( ! ,int]nal ,rev5ue ,code ( #aihf4 ,! g5]al c\nsel %all repres5t ! ,adm9i/ration 9 any proce$+ be=e an adm9i/rative law judge4 7b7 ,notice & ,reque/ = ,he>+ 7#a7 ,notice ,if ! ,adm9i/ration f9ds "u section #cga or #cgb t !re are reasonable gr\nds to believe a violation has occurr$ or is ab\t to occur1 ! ,adm9i/ration %all s]ve writt5 notice ( ! *>ges on ea* respond5t1 & %all conduct su* fur!r inve/igation z ! ,adm9i/ration deems necess>y & appropriate4 7#b7 ,reque/ = he>+ ,ea* respond5t %all h an opportunity to reque/1 prior to ! date t is #cj days aft] ! date on :i* ! notice is receiv$1 a he>+ on ! *>ges be=e an adm9i/rative law judge4 7#c7 ,effect ( failure to reque/ a he>+ ,if no he>+ is reque/$1 ! ,adm9i/ration %all make a f9d+ on ! *>ges1 & %all issue :atev] relief ! ,adm9i/ration deems appropriate "u sections #cge & #cgf4 7c7 ,conciliation 7#a7 ,proc$ures = ent]+ into conciliation agreem5ts 7,a7 ,9 g5]al ,if ! respond5t reque/s a he>+ "u subsection 7b77#b71 ! ,adm9i/ration %all attempt1 = a p]iod t does n exce$ #fj days 7or #ae days if ! he>+ is reque/$ )9 #fj days ( an election71 to correct or prev5t su* violation by in=mal me?ods ( conf]5ce1 conciliation1 & p]suasion1 & to ent] into a conciliation agreem5t ) ! respond5t4 ,9 ! case ( a he>+ t is reque/$ at a "t o!r ?an )9 #fj days ( an election1 ! p]iod = conciliation %all n be less ?an #cj days unless an agreem5t is rea*$ be=e !n4 7,b7 ,inclusion ( civil monet>y p5alties ,a conciliation agreem5t may include a requirem5t t ! p]son involv$ 9 su* conciliation %all pay a civil monet>y p5alty t does n exce$ ! am\nts set =? 9 subsection 7a7 ( section #cge or1 9 ! case ( a kn[+ & willful violation1 ! am\nts set =? 9 subsection 7b7 ( su* section4 ,! conciliation agreem5t may also include ! requirem5t t ! p]son involv$ cons5t to ! t]ms ( a cease-&-desi/ ord]1 z provid$ 9 section #cgf4 7,c7 ,repres5tation by g5]al c\nsel ,! g5]al c\nsel %all repres5t ! ,adm9i/ration 9 any negotiations = a conciliation agreem5t & any su* conciliation agreem5t %all be subject to ! approval ( ! ,adm9i/ration4 7,d7 ,b> to fur!r action ,a conciliation agreem5t1 unless violat$1 is a complete b> to any fur!r action by ! ,adm9i/ration4 7#b7 ,confid5tiality ,no action by ! ,adm9i/ration or any o!r p]son1 & no in=mation d]iv$ 9 connection ) any conciliation attempt by ! ,adm9i/ration may be made public by ! ,adm9i/ration1 )\t ! writt5 cons5t ( ! respond5t1 except t if a conciliation agreem5t is agre$ ^u & sign$ by ! ,adm9i/ration & ! respond5t1 ! ,adm9i/ration %all make su* agreem5t public4 7#c7 ,violation ( conciliation agreem5t ,9 any case 9 :i* a p]son has ent]$ into a conciliation agreem5t ) ! ,adm9i/ration "u p>agraph 7#a71 ! ,adm9i/ration may in/itute a civil action = relief if ! ,adm9i/ration believes ! p]son has violat$ any provision ( su* conciliation agreem5t4 ,su* civil action %all be br\ght 9 ! ,f$]al di/rict c\rt = ! di/rict 9 :i* ! respond5t resides or has its pr9cipal place ( bus9ess1 or = ! ,di/rict ( ,columbia4 ,su* c\rt %all h jurisdiction to issue any relief appropriate "u sections #cge & #cgf4 ,= ! ,adm9i/ration to obta9 relief 9 any su* action1 ! ,adm9i/ration ne$ only e/abli% t ! p]son has violat$1 9 :ole or 9 "p1 any requirem5t ( su* conciliation agreem5t4 7d7 ,he>+ ,at ! reque/ ( any respond5t1 a he>+ on ! *>ges s]v$ "u subsection 7b77#a7 %all be conduct$ be=e an adm9i/rative law judge1 :o %all make su* f9d+s ( fact & conclusions ( law z ! adm9i/rative law judge deems appropriate4 ,! adm9i/rative law judge %all also h ! au?ority to impose a civil monet>y p5alty on ! respond5t1 issue a cease-&-desi/ ord]1 or bo?4 ,! decision ( ! adm9i/rative law judge %all con/itute f9al ag5cy action unless an appeal is tak5 "u subsection 7e74 7e7 ,appeal to ,adm9i/ration 7#a7 ,"r to appeal ,! g5]al c\nsel & ea* respond5t %all ea* h a "r to appeal to ! ,adm9i/ration f any f9al det]m9ation made by an adm9i/rative law judge4 7#b7 ,review ( ,,alj det]m9ations ,9 ! ev5t ( an appeal "u p>agraph 7#a71 ! ,adm9i/ration %all review ! det]m9ation ( ! adm9i/rative law judge to det]m9e :e!r-- 7,a7 a f9d+ ( mat]ial fact is n support$ by sub/antial evid5ce2 7,b7 a conclusion ( law is errone\s2 7,c7 ! det]m9ation ( ! adm9i/rative law judge is contr>y to law or to ! duly promulgat$ rules or decisions ( ! ,adm9i/ration2 7,d7 a prejudicial error ( proc$ure 0 committ$2 or 7,e7 ! decision or ! relief ord]$ is o!rwise arbitr>y1 caprici\s1 or an abuse ( discretion4 7#c7 ,f9al ag5cy action ,! decision ( ! ,adm9i/ration %all con/itute f9al ag5cy action4 7f7 ,judicial ,review 7#a7 ,9 g5]al ,any p>ty aggriev$ by a f9al ag5cy action & :o has exhau/$ all adm9i/rative rem$ies1 includ+ reque/+ a he>+ be=e an adm9i/rative law judge & appeal+ an adv]se decision ( an adm9i/rative law judge to ! ,adm9i/ration1 may obta9 judicial review ( su* action 9 ! ,unit$ ,/ates ,c\rt ( ,appeals = any circuit :]e9 su* p]son resides or has its pr9cipal place ( bus9ess1 or 9 ! ,unit$ ,/ates ,c\rt ( ,appeals = ! ,di/rict ( ,columbia ,circuit4 7#b7 ,scope ( review ,= purposes ( conduct+ ! judicial review describ$ 9 p>agraph 7#a71 ! provisions ( section #gjf ( title #e1 ,unit$ ,/ates ,code1 %all apply4 7#c7 ,petition = judicial review ,to obta9 judicial review "u p>agraph 7#a71 an aggriev$ p>ty describ$ 9 su* p>agraph %all file a petition ) ! c\rt dur+ ! #cj-;day p]iod beg9n+ on ! date on :i* ! ord] 0 issu$4 ,a copy ( su* petition %all be transmitt$ =?) by ! cl]k ( ! c\rt to ! ,adm9i/ration1 & !reupon ! ,adm9i/ration %all file 9 ! c\rt ! record ^u :i* ! ord] compla9$ ( 0 ent]$1 z provid$ 9 section #baab ( title #bh1 ,unit$ ,/ates ,code4 #cgd4 ,notification ( nonfil]s 7a7 ,notification ,be=e tak+ any action "u section #cgc aga9/ any p]son :o has fail$ to file a report requir$ "u section #cjd7;a77#b77;,a77iii7 = ! cal5d> qu>t] imm$iately prec$+ ! election involv$1 or 9 accordance ) section #cjd7;a77#b77;,a77i71 ! ,adm9i/ration %all notify ! p]son ( su* failure to file ! requir$ reports4 7b7 ,opportunity = ,response ,if a satisfactory response is n receiv$ )9 #d bus9ess days aft] ! date ( notification1 ! ,adm9i/ration %all1 pursuant to section #cfg7;a77#f71 publi% be=e ! election ! "n ( ! p]son & ! report or reports su* p]son has fail$ to file4 #cge4 ,civil monet>y p5alties 7a7 ,9 ,g5]al ,any p]son :o violates ?is ,act1 or *apt] #ie or #if ( ! ,int]nal ,rev5ue ,code ( #aihf1 %all be liable to ! ,unit$ ,/ates = a civil monet>y p5alty = ea* violation :i* does n exce$ ! great] ( #e1jjj or an am\nt equal to any contribution or exp5diture involv$ 9 su* violation4 ,su* p5alty %all be impos$ by ! ,adm9i/ration pursuant to section #cgc4 7b7 ,kn[+ & ,willful ,violations ,any p]son :o commits a kn[+ & willful violation ( ?is ,act1 or ( *apt] #ie or #if ( ! ,int]nal ,rev5ue ,code ( #aihf1 %all be liable to ! ,unit$ ,/ates = a civil monet>y p5alty = ea* violation :i* does n exce$ ! great] ( #aj1jjj or an am\nt equal to #bjj p]c5t ( any contribution or exp5diture involv$ 9 su* violation 7or1 9 ! case ( a violation ( section #cbj1 :i* is n less ?an #cjj p]c5t ( ! am\nt involv$ 9 ! violation & is n m ?an ! great] ( #ej1jjj or #a1jjj p]c5t ( ! am\nt involv$ 9 ! violation74 ,su* p5alty %all be impos$ by ! ,adm9i/ration pursuant to section #cgc4 7c7 ,det]m9ation ( ,civil ,monet>y ,p5alty ,9 det]m9+ ! am\nt ( a civil monet>y p5alty "u ?is section ) respect to a violation describ$ 9 ?is section1 ! ,adm9i/ration or an adm9i/rative law judge %all take into acc\nt ! nature1 circum/ances1 ext5t1 & gravity ( ! violation &1 ) respect to ! violator1 any prior violation1 ! degree ( culpability1 & su* o!r matt]s z ju/ice may require4 7d7 ,ref]ral to ,attorney ,g5]al 7#a7 ,9 g5]al ,if ! ,adm9i/ration det]m9es t a kn[+ & willful violation ( ?is ,act :i* is subject to section #cgi1 or a kn[+ & willful violation ( *apt] #ie or #if ( ! ,int]nal ,rev5ue ,code ( #aihf1 has occurr$ or is ab\t to occur1 ! ,adm9i/ration may ref] su* app>5t violation to ! ,attorney ,g5]al )\t reg>d to any limitations set =? "u section #cgc4 7#b7 ,report+ by ! attorney g5]al ,:5ev] ! ,adm9i/ration ref]s an app>5t violation to ! ,attorney ,g5]al1 ! ,attorney ,g5]al %all report to ! ,adm9i/ration any action tak5 by ! ,attorney ,g5]al reg>d+ ! app>5t violation4 ,ea* report %all be transmitt$ )9 #fj days aft] ! date ! ,adm9i/ration ref]s an app>5t violation1 & e #cj days !reaft] until ! f9al disposition ( ! app>5t violation4 #cgf4 ,cease-&-desi/ ord]s 7a7 ,9 ,g5]al ,if ! ,adm9i/ration f9ds1 aft] notice & opportunity = he>+ "u section #cgc1 t any p]son is violat+1 has violat$1 or is ab\t to violate any provision ( ?is ,act1 or *apt] #ie or #if ( ! ,int]nal ,rev5ue ,code ( #aihf1 or any rule or regulation !reund]1 ! ,adm9i/ration may publi% any f9d+s & ent] an ord] requir+ su* p]son1 or any o!r p]son t is1 01 or w\ld be a cause ( ! violation due to an act or omission ! p]son knew or %\ld h kn[n w\ld contribute to su* violation1 to cease & desi/ f committ+ or caus+ su* violation & any future violation ( ! same provision1 rule1 or regulation4 ,su* ord] may1 9 addition to requir+ a p]son to cease & desi/ f committ+ or caus+ a violation1 require su* p]son to comply 7or to take /eps to effect compliance7 ) su* provision1 rule1 or regulation1 ^u su* t]ms & conditions & )9 su* "t z ! ,adm9i/ration may specify 9 su* ord]4 7b7 ,tempor>y ,ord] ,:5ev] ! ,adm9i/ration det]m9es t an alleg$ violation or ?reat5$ violation specifi$ 9 ! notice initiat+ a civil en=cem5t action "u section #cgc1 or ! cont9uation !re(1 is likely to result 9 violation ( ?is ,act1 or ( *apt] #ie or #if ( ! ,int]nal ,rev5ue ,code ( #aihf1 & sub/antial h>m to ! public int]e/1 ! ,adm9i/ration may apply to ! ,f$]al di/rict c\rt = ! di/rict 9 :i* ! respond5t resides or has its pr9cipal place ( bus9ess1 9 :i* ! alleg$ or ?reat5$ violation occurr$ or is ab\t to occur1 or = ! ,di/rict ( ,columbia1 = a tempor>y re/ra9+ ord] or a prelim9>y injunction requir+ ! respond5t to cease & desi/ f ! violation or ?reat5$ violation & to take su* action to prev5t ! violation or ?reat5$ violation4 ,! ,adm9i/ration may apply = su* ord] )\t reg>d to any limitation "u section #cgc4 #cgg4 ,collection ,if any p]son fails to pay an assessm5t ( a civil p5alty-- 7#a7 aft] ! ord] mak+ ! assessm5t has become a f9al ord] & su* p]son has n timely fil$ a petition = judicial review ( ! ord] 9 accordance ) section #cgc7;f77#c7 or if ! ord] ( ! ,adm9i/ration is upheld aft] judicial review2 or 7#b7 aft] a c\rt 9 an action br\ght "u section #cgc7;c77#c7 has ent]$ a f9al judgm5t no long] subject to appeal 9 favor ( ! ,adm9i/ration1 ! ,attorney ,g5]al %all recov] ! am\nt assess$ 7plus int]e/ at curr5tly prevail+ rates f ! date ( ! expiration ( ! #cj-;day p]iod ref]r$ to 9 section #cgc7;f77#c7 or ! date ( su* f9al judgm5t1 z ! case may be7 9 an action br\ght 9 any appropriate di/rict c\rt ( ! ,unit$ ,/ates4 ,9 su* an action1 ! validity1 am\nt1 & appropriat5ess ( su* p5alty %all n be subject to review4 #cgh4 ,confid5tiality 7a7 ,prior to a ,f9d+ ( ,reasonable ,gr\nds ,any proce$+s conduct$ by ! ,adm9i/ration prior to a f9d+ t !re are reasonable gr\nds to believe a violation ( ! law has occurr$ or is ab\t to occur1 includ+ any inve/igation pursuant to section #cga or pursuant to a compla9t fil$ "u section #cgb1 %all be confid5tial & none ( ! ,adm9i/ration's records conc]n+ ! compla9t %all be made public1 except t ! p]son fil+ a compla9t pursuant to section #cgb is p]mitt$ to make su* compla9t public4 7b7 ,aft] a ,f9d+ ( ,reasonable ,gr\nds ,except z provid$ 9 subsection 7d71 if ! ,adm9i/ration makes a f9d+ pursuant to section #cga or #cgb t !re are reasonable gr\nds to believe t a violation ( law has occurr$ or is ab\t to occur-- 7#a7 ! f9d+ ( ! ,adm9i/ration z well z any compla9t fil$ "u section #cgb1 any notice ( *>ges1 & any answ] or simil> docum5ts fil$ ) ! ,adm9i/ration %all be made public2 & 7#b7 all proce$+s conduct$ be=e an adm9i/rative law judge "u section #cgc1 & all docum5ts us$ dur+ su* proce$+s1 %all be made public4 7c7 ,aft] ,dismissal ( a ,compla9t or ,conclusion ( ,proce$+s ,foll[+ a ,f9d+ ( ,reasonable ,gr\nds ,subject to subsection 7d71 foll[+ ! ,adm9i/ration's dismissal ( a compla9t fil$ "u section #cgb or ! t]m9ation ( proce$+s foll[+ a f9d+ ( reasonable gr\nds "u section #cga or #cgb1 ! ,adm9i/ration %all1 n lat] ?an ! date t is #cj days aft] su* dismissal or t]m9ation1 make public-- 7#a7 ! compla9t1 any notice ( *>ges1 & any answ] or simil> docum5ts fil$ ) ! ,adm9i/ration 7unless su* in=mation has already be5 made public "u subsection 7b77#a772 7#b7 any ord] sett+ =? ! ,adm9i/ration's f9al action on ! compla9t2 7#c7 any f9d+s made by ! ,adm9i/ration 9 relation to ! action2 & 7#d7 all docum5t>y mat]ials & te/imony con/itut+ ! record on :i* ! ,adm9i/ration reli$ 9 tak+ its actions4 ,subject to subsection 7d71 ! affirmative disclosure requirem5t ( ?is subsection is )\t prejudice to ! "r ( any p]son to reque/ & obta9 records relat+ to an inve/igation "u section #eeb ( title #e1 ,unit$ ,/ates ,code4 7d7 ,confid5tiality ( ,records & ,proce$+s ,o!rwise ,subject to ,disclosure 7#a7 ,9 g5]al ,! ,adm9i/ration %all issue regulations provid+ = ! protection ( in=mation ! disclosure ( :i* "u subsection 7b7 or 7c7 w\ld impair any p]son's con/itutionally protect$ "r ( privacy1 fre$om ( spee*1 or fre$om ( association4 ,! ,adm9i/ration %all also issue regulations address+ ! application ( exemptions f disclosure conta9$ 9 section #eeb ( title #e1 ,unit$ ,/ates ,code1 to records compris+ ! ,adm9i/ration's inve/igative files4 ,su* regulations %all consid] ! ne$ to protect any p]son's con/itutionally protect$ rights to privacy1 fre$om ( spee*1 & fre$om ( association1 z well z ! ne$ to make in=mation ab\t ! ,adm9i/ration's activities & decisions widely accessible to ! public4 7#b7 ,petition to ma9ta9 confid5tiality 7,a7 ,9 g5]al ,any p]son :o w\ld be adv]sely affect$ by any disclosure ( in=mation ab\t ! p]son made pursuant to subsection 7b7 or 7c71 or by ! conduct 9 public ( a he>+ or o!r proce$+ conduct$ pursuant to section #cgc1 %all h ! "r to petition ! ,adm9i/ration to ma9ta9 ! confid5tiality ( su* in=mation or su* proce$+ on ! gr\nd t su* in=mation falls )9 ! scope ( any exemption f disclosure conta9$ 9 section #eeb ( title #e1 ,unit$ ,/ates ,code1 or is prohibit$ f disclosure "u ! ,adm9i/ration's regulations1 ! ,con/itution1 or any o!r provision ( law4 ,^u ! receipt ( su* petition1 ! ,adm9i/ration %all make a prompt det]m9ation :e!r ! in=mation %\ld be kept confid5tial1 & %all )hold su* in=mation f disclosure p5d+ ?is det]m9ation4 ,! ,adm9i/ration %all notify ! petition] 9 writ+ ( ! det]m9ation4 7,b7 ,regulations ,! ,adm9i/ration %all prescribe regulations gov]n+ ! consid]ation ( petitions "u ?is p>agraph4 ,su* regulations %all provide = public notice ( ! p5dancy ( any petition fil$ "u subp>agraph 7,a7 & ! "r ( any int]e/$ p>ty to respond to or comm5t on su* petition4 7e7 ,p5alties ,any memb] or employee ( ! ,adm9i/ration1 or any o!r p]son1 :o violates ! provisions ( ?is section %all be f9$ n m ?an #b1jjj4 ,any su* memb]1 employee1 or o!r p]son :o kn[+ly & willfully violates ! provisions ( ?is section %all be f9$ n m ?an #e1jjj4 #cgi4 ,crim9al p5alties 7a7 ,kn[+ & ,willful ,violations ,any p]son :o kn[+ly & willfully commits a violation ( any provision ( ?is ,act t involves ! mak+1 receiv+1 or report+ ( any contribution1 donation1 or exp5diture-- 7#a7 aggregat+ #be1jjj or m dur+ a cal5d> ye> %all be f9$ "u title #ah1 ,unit$ ,/ates ,code1 or imprison$ = n m ?an #e ye>s1 or bo?2 or 7#b7 aggregat+ #b1jjj or m 7b less ?an #be1jjj7 dur+ a cal5d> ye> %all be f9$ "u su* title1 or imprison$ = n m ?an #a ye>1 or bo?4 7b7 ,contributions or ,exp5ditures by ,national ,banks1 ,corporations1 or ,labor ,organizations ,9 ! case ( a kn[+ & willful violation ( section #caf7;b77#c71 ! p5alties set =? 9 subsection 7a7 %all apply to ea* violation involv+ an am\nt aggregat+ #bej or m dur+ a cal5d> ye>4 ,su* a violation ( section #caf7;b77#c7 may incorporate a violation ( section #cag7;a71 #cbj1 or #cba4 7c7 ,fraudul5t ,misrepres5tation ( ,campaign ,au?ority ,9 ! case ( a kn[+ & willful violation ( section #cbb1 ! p5alties set =? 9 subsection 7a7 %all apply )\t reg>d to :e!r ! mak+1 receiv+1 or report+ ( a contribution or exp5diture ( #a1jjj or m is involv$4 7d7 ,prohibition ( ,contributions 9 ,"n ( ,ano!r ,any p]son :o kn[+ly & willfully commits a violation ( section #cbj involv+ an am\nt aggregat+ m ?an #aj1jjj dur+ a cal5d> ye> %all be-- 7#a7 imprison$ = n m ?an #b ye>s if ! am\nt is less ?an #be1jjj & subject to imprisonm5t "u subsection 7a7 if ! am\nt is #be1jjj or m2 7#b7 f9$ n less ?an #cjj p]c5t ( ! am\nt involv$ 9 ! violation & n m ?an ! great] (-- 7,a7 #ej1jjj2 or 7,b7 #a1jjj p]c5t ( ! am\nt involv$ 9 ! violation2 or 7#c7 bo? imprison$ z provid$ "u p>agraph 7#a7 & f9$ z provid$ "u p>agraph 7#b74 7e7 ,effect ( ,conciliation ,agreem5ts 7#a7 ,evid5ce ( lack ( k & int5t ,9 any crim9al action br\ght = a violation ( any provision ( ?is ,act or ( *apt] #ie or #if ( ! ,int]nal ,rev5ue ,code ( #aihf1 any def5dant may evid5ce _! lack ( k or int5t to commit ! alleg$ violation by introduc+ z evid5ce a conciliation agreem5t ent]$ into betwe5 ! def5dant & ! ,adm9i/ration "u section #cgc7;c77#a7 :i* specifically deals ) ! act or failure to act con/itut+ su* violation & :i* is /ill 9 effect4 7#b7 ,consid]ation by c\rts ,9 any crim9al action br\ght = a violation ( any provision ( ?is ,act or ( *apt] #ie or #if ( ! ,int]nal ,rev5ue ,code ( #aihf1 ! c\rt be=e :i* su* action is br\ght %all take into acc\nt1 9 weigh+ ! s]i\sness ( ! violation & 9 consid]+ ! appropriat5ess ( ! p5alty to be impos$ if ! def5dant is f\nd guilty1 :e!r-- 7,a7 ! specific act or failure to act :i* con/itutes ! violation = :i* ! action 0 br\ght is ! subject ( a conciliation agreem5t ent]$ into betwe5 ! def5dant & ! ,adm9i/ration "u section #cgc7;c77#a72 7,b7 ! conciliation agreem5t is 9 effect2 & 7,c7 ! def5dant is1 ) respect to ! violation involv$1 9 compliance ) ! conciliation agreem5t4 #chj4 ,p]iod ( limitations ,no p]son %all be prosecut$1 tri$1 or puni%$ = any violation ( ?is ,act1 unless ! indictm5t is f\nd or ! in=mation is in/itut$ )9 #e ye>s aft] ! date ( ! violation4 #cha4 ,au?orization ( appropriations ,= ea* fiscal ye>1 !re are au?oriz$ to be appropriat$ to ! ,adm9i/ration su* sums z may be necess>y = ! purpose ( c>ry+ out its functions "u ?is ,act & "u *apt]s #ie & #if ( ! ,int]nal ,rev5ue ,code ( #aihf4 4 #acab4 ,executive s*$ule positions 7a7 ,executive ,s*$ule ,level ,,iii ,position ,section #ecad ( title #e1 ,unit$ ,/ates ,code1 is am5d$ by add+ at ! end ! foll[+3 ,*air1 ,f$]al ,election ,adm9i/ration4 4 7b7 ,executive ,s*$ule ,level ,,iv ,positions ,section #ecae ( title #e1 ,unit$ ,/ates ,code1 is am5d$ by add+ at ! end ! foll[+3 ,memb]s 7o!r ?an ! ,*air71 ,f$]al ,election ,adm9i/ration4 ,inspector ,g5]al1 ,f$]al ,election ,adm9i/ration4 4 #acac4 ,,gao exam9ation ( en=cem5t ( campaign f9ance laws by ! ,dep>tm5t ( ,ju/ice 7a7 ,exam9ation ,! ,comptroll] ,g5]al ( ! ,unit$ ,/ates %all conduct a ?or\gh exam9ation ( ! en=cem5t ( ! crim9al provisions ( ! ,f$]al ,election ,campaign ,act ( #aiga 7#eb ,u4,s4,c4 #cjaja et seq47 & *apt]s #ie & #if ( ! ,int]nal ,rev5ue ,code ( #aihf by ! ,attorney ,g5]al4 7b7 ,report ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is ,act1 ! ,comptroll] ,g5]al %all submit to ! ,attorney ,g5]al & ,congress a report on ! exam9ation conduct$ "u subsection 7a7 toge!r ) recomm5dations on h[ ! ,attorney ,g5]al may improve ! en=cem5t ( ! crim9al provisions ( ! ,f$]al ,election ,campaign ,act ( #aiga 7#eb ,u4,s4,c4 #cjaja et seq47 & *apt]s #ie & #if ( ! ,int]nal ,rev5ue ,code ( #aihf1 includ+ recomm5dations on ! res\rces t ! ,attorney ,g5]al w\ld require to effectively en=ce su* crim9al provisions4 #acad4 ,,gao /udy & report on appropriate fund+ levels 7a7 ,/udy ,! ,comptroll] ,g5]al ( ! ,unit$ ,/ates %all conduct an ongo+ /udy on ! level ( fund+ t con/itutes an adequate level ( res\rces = ! ,f$]al ,election ,adm9i/ration to compet5tly execute ! responsibilities impos$ on ! ,adm9i/ration by ?is ,act & ! am5dm5ts made by ?is ,act4 7b7 ,report ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is ,act1 & once e #b ye>s !reaft]1 ! ,comptroll] ,g5]al %all submit to ! ,director ( ! ,(fice ( ,managem5t & ,budget & ,congress a report on ! /udy conduct$ "u subsection 7a7 toge!r ) recomm5dations = su* legislation & adm9i/rative action z ! ,comptroll] ,g5]al det]m9es to be appropriate4 #acae4 ,con=m+ am5dm5ts 7a7 ,indep5d5t ,ag5cy ,section #ajd ( title #e1 ,unit$ ,/ates ,code1 is am5d$-- 7#a7 9 p>agraph 7#a71 by /rik+ & aft] ! semicolon2 7#b7 9 p>agraph 7#b71 by /rik+ ! p]iod & ins]t+ 2 &2 & 7#c7 by add+ at ! end ! foll[+ new p>agraph3 7#c7 ! ,f$]al ,election ,adm9i/ration4 4 7b7 ,cov]age ,"u ,inspector ,g5]al ,act ,section #h;,g7a77#b7 ( ! ,inspector ,g5]al ,act ( #aigh 7#e ,u4,s4,c4 ,app47 is am5d$ by /rik+ ,f$]al ,election ,commission & ins]t+ ,f$]al ,election ,adm9i/ration4 7c7 ,cov]age ( ,p]sonnel ,"u ,hat* ,act ,section #gcbc7;b7 ( title #e1 ,unit$ ,/ates ,code1 is am5d$-- 7#a7 9 p>agraph 7#a71 by /rik+ ,f$]al ,election ,commission & ins]t+ ,f$]al ,election ,adm9i/ration2 & 7#b7 9 p>agraph 7#b77;,b77i77,i71 by /rik+ ,f$]al ,election ,commission & ins]t+ ,f$]al ,election ,adm9i/ration4 7d7 ,removal ( exclusion f ,s5ior ,executive ,s]vice ,section #cacb7;a77#a7 ( title #e1 ,unit$ ,/ates ,code1 is am5d$ by /rik+ subp>agraph 7,c7 & by r$esignat+ subp>agraphs 7,d71 7,e71 & 7,f7 z subp>agraphs 7,c71 7,d71 & 7,e71 respectively4 7e7 ,subtitle ,a ,title ,,iii ( ! ,f$]al ,election ,campaign ,act ( #aiga 7#eb ,u4,s4,c4 #cjaja et seq47 is am5d$ by ins]t+ be=e section #cja ! foll[+3 ,a ,g5]al ,provisions 4 ,,ii ,transition provisions #acba4 ,transf] ( functions ( ,f$]al ,election ,commission ,!re are transf]r$ to ! ,f$]al ,election ,adm9i/ration e/abli%$ "u section #cea ( ! ,f$]al ,election ,campaign ,act ( #aiga 7z add$ by section #acaa7 all functions t ! ,f$]al ,election ,commission ex]cis$ be=e ! date describ$ 9 section #acbf7;a74 #acbb4 ,transf] ( prop]ty1 records1 & p]sonnel 7a7 ,prop]ty & ,records ,! contracts1 liabilities1 records1 prop]ty1 & o!r assets & int]e/s (1 or made available 9 connection )1 ! (fices & functions ( ! ,f$]al ,election ,commission :i* are transf]r$ by ?is title are transf]r$ to ! ,f$]al ,election ,adm9i/ration4 7b7 ,p]sonnel ,! p]sonnel employ$ 9 connection ) ! (fices & functions ( ! ,f$]al ,election ,commission :i* are transf]r$ by ?is title are transf]r$ to ! ,f$]al ,election ,adm9i/ration4 #acbc4 ,repeals 7a7 ,provisions ( ! ,f$]al ,election ,campaign ,act ( #aiga ,! foll[+ provisions ( ! ,f$]al ,election ,campaign ,act ( #aiga are repeal$3 7#a7 ,section #cjf 7#eb ,u4,s4,c4 #cjajf74 7#b7 ,section #cjg 7#eb ,u4,s4,c4 #cjajg74 7#c7 ,section #cjh 7#eb ,u4,s4,c4 #cjajh74 7#d7 ,section #cji 7#eb ,u4,s4,c4 #cjaji74 7#e7 ,section #caj 7#eb ,u4,s4,c4 #cjaaj74 7#f7 ,section #caa 7#eb ,u4,s4,c4 #cjaaa74 7#g7 ,section #cad 7#eb ,u4,s4,c4 #cjaae74 7#h7 ,section #djf 7#eb ,u4,s4,c4 #cjade74 7b7 ,o!r provisions ,section #djc ( ! ,bip>tisan ,campaign ,re=m ,act ( #bjjb 7#eb ,u4,s4,c4 #cjaaj note7 is repeal$4 #acbd4 ,con=m+ am5dm5ts 7a7 ,title ,,iii ( ! ,f$]al ,election ,campaign ,act ( #aiga 7#eb ,u4,s4,c4 #cjaja et seq47 is am5d$-- 7#a7 9 section #cja1 by /rik+ p>agraph 7#aj7 & ins]t+ ! foll[+3 7#aj7 ,! t]m ,adm9i/ration means ! ,f$]al ,election ,adm9i/ration4 2 7#b7 by /rik+ ,f$]al ,election ,commission & ins]t+ ,adm9i/ration ea* place x appe>s2 & 7#c7 by /rik+ ,commission & ins]t+ ,adm9i/ration ea* place x appe>s4 7b7 ,section #cejb7a77;,b7 ( title #dd1 ,unit$ ,/ates ,code1 is am5d$ by /rik+ ,f$]al ,election ,commission & ins]t+ ,f$]al ,election ,adm9i/ration4 7c7 ,section #bjg7;j77#g77;,b77i7 ( title #ah1 ,unit$ ,/ates ,code1 is am5d$ by /rik+ ! ,f$]al ,election ,commission by a =m] (fic] or employee ( ! ,f$]al ,election ,commission & ins]t+ ! ,f$]al ,election ,adm9i/ration by a =m] (fic] or employee ( ! ,f$]al ,election ,commission or ! ,f$]al ,election ,adm9i/ration4 7d7 ,section #ajc ( ! ,e?ics 9 ,gov]nm5t ,act ( #aigh 7#e ,u4,s4,c4 ,app47 is am5d$-- 7#a7 9 subsection 7e71 by /rik+ ! ,f$]al ,election ,commission & ins]t+ ! ,f$]al ,election ,adm9i/ration2 & 7#b7 9 subsection 7k71 by /rik+ ! ,f$]al ,election ,commission & ins]t+ ! ,f$]al ,election ,adm9i/ration4 7e7 7#a7 ,section #ijjb7c7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ to read z foll[s3 7#c7 ,! t]m ,adm9i/ration means ! ,f$]al ,election ,adm9i/ration e/abli%$ "u section #cea ( ! ,f$]al ,election ,campaign ,act ( #aiga4 4 7#b7 ,*apt] #ie ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by /rik+ ,commission & ins]t+ ,adm9i/ration ea* place x appe>s4 7f7 7#a7 ,section #ijcb7c7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ to read z foll[s3 7#c7 ,! t]m ,adm9i/ration means ! ,f$]al ,election ,adm9i/ration e/abli%$ "u section #cea ( ! ,f$]al ,election ,campaign ,act ( #aiga4 4 7#b7 ,*apt] #if ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by /rik+ ,commission & ins]t+ ,adm9i/ration ea* place x appe>s4 7g7 ,section #c7;c7 ( ! ,vot+ ,accessibility = ! ,eld]ly & ,h&icapp$ ,act 7#eb ,u4,s4,c4 #bjajb7;c77 is am5d$-- 7#a7 9 p>agraph 7#a7-- 7,a7 by /rik+ ,f$]al ,election ,commission & ins]t+ ,f$]al ,election ,adm9i/ration2 & 7,b7 by /rik+ ,commission & ins]t+ ,adm9i/ration2 & 7#b7 9 p>agraph 7#b71 by /rik+ ,f$]al ,election ,commission & ins]t+ ,f$]al ,election ,adm9i/ration4 7h7 ,section #f7;a77#i7 ( ! ,lobby+ ,disclosure ,act #aiie 7#b ,u4,s4,c4 #afje7;a77#i77 is am5d$ by /rik+ ! ,f$]al ,election ,commission & ins]t+ ! ,f$]al ,election ,adm9i/ration4 #acbe4 ,treatm5t ( c]ta9 regulations 7a7 ,regulations on disclosure ( electione]+ communications 7#a7 ,9 g5]al ,effective on ! date t is #ij days aft] enactm5t ( ?is ,act1 ! regulations on disclosure ( electione]+ communications adopt$ by ! ,f$]al ,election ,commission & publi%$ 9 ! ,f$]al ,regi/] at page #dai ( volume #fh on ,janu>y #c1 #bjjc1 & at page #ejeg ( volume #fh on ,janu>y #ca1 #bjjc1 z am5d$ at page #gbiac ( volume #gb on ,decemb] #bf1 #bjjg1 are repeal$4 7#b7 ,new regulations ,n lat] ?an #ij days aft] ! date ( ! enactm5t ( ?is ,act1 ! ,f$]al ,election ,commission %all promulgate new regulations on disclosure ( electione]+ communications "u section #cjd7;f7 ( ! ,f$]al ,election ,campaign ,act ( #aiga 7#eb ,u4,s4,c4 #cjajd7;f774 ,! regulations promulgat$ "u ?is p>agraph %all require ! disclosure ( ! id5tification ( all p]sons :o make a contribution to a p]son :o makes an electione]+ communication & %all n limit su* disclosure to only to p]sons :o make contributions = ! purpose ( fur!r+ electione]+ communications1 or any simil> limitation on ! scope ( su* disclosure4 7b7 ,regulations on solicitations at non-,f$]al fundrais+ ev5ts 7#a7 ,9 g5]al ,effective on ! date t is #ij days aft] ! date ( ! enactm5t ( ?is ,act1 ! regulations on p>ticipation by ,f$]al c&idates & (ficehold]s at non-,f$]al fundrais+ ev5ts adopt$ by ! ,f$]al ,election ,commission & publi%$ 9 ! ,f$]al ,regi/] at page #bdchc ( volume #ge on ,may #e1 #bjaj1 are repeal$4 7#b7 ,new regulations ,n lat] ?an #ij days aft] enactm5t ( ?is ,act1 ! ,f$]al ,election ,commission %all promulgate new regulations on p>ticipation by ,f$]al c&idates & (ficehold]s 9 non-,f$]al fundrais+ ev5ts4 ,! regulations %all limit ! p>ticipation by ,f$]al c&idates & (ficehold]s 9 su* ev5ts to att5d+1 speak+1 or be+ a featur$ gue/ at a fundrais+ ev5t = a ,/ate1 di/rict1 or local committee ( a political p>ty1 & %all n all[ ,f$]al c&idates & (ficehold]s to p>ticipate 9 or solicit funds at any o!r fundrais+ ev5t :]e non-,f$]al funds are rais$4 #acbf4 ,effective date 7a7 ,9 ,g5]al ,except z provid$ 9 section #acbe1 ?is subtitle & ! am5dm5ts made by ?is subtitle %all take effect on ! date t is #f mon?s aft] ! date ( enactm5t ( ?is ,act4 7b7 ,t]m9ation ( ! ,f$]al ,election ,commission ,not)/&+ any o!r provision (1 or am5dm5t made by1 ?is ,act1 ! memb]s ( ! ,f$]al ,election ,commission %all be remov$ f (fice on ! date describ$ 9 subsection 7a74 ,,ii ,lobby+ re=m ,a ,memb] ban on lobby+ #baja4 ,lifetime ban on ,memb]s ( ,congress f lobby+ 7a7 ,9 g5]al ,section #bjg7;e77#a7 ( title #ah1 ,unit$ ,/ates ,code1 is am5d$ to read z foll[s3 7#a7 ,memb]s ( ,congress ,any p]son :o is a ,s5ator1 a ,memb] ( ! ,h\se ( ,repres5tatives1 or an elect$ (fic] ( ! ,s5ate or ! ,h\se ( ,repres5tatives & :o1 aft] t p]son leaves (fice1 kn[+ly makes1 ) ! int5t to influ5ce1 any communication to or appe>ance be=e any ,memb]1 (fic]1 or employee ( ei!r ,h\se ( ,congress or any employee ( any o!r legislative (fice ( ! ,congress1 on behalf ( any o!r p]son 7except ! ,unit$ ,/ates7 9 connection ) any matt] on :i* su* =m] ,s5ator1 ,memb]1 or elect$ (ficial seeks action by a ,memb]1 (fic]1 or employee ( ei!r ,h\se ( ,congress1 9 8 or h] (ficial capacity1 %all be puni%$ z provid$ 9 section #baf ( ?is title4 4 7b7 ,con=m+ am5dm5t ,section #bjg7;e77#b7 ( title #ah1 ,unit$ ,/ates ,code1 is am5d$-- 7#a7 9 ! head+1 by /rik+ ,(fic]s & /aff & ins]t+ ,/aff2 7#b7 by /rik+ an elect$ (fic] ( ! ,s5ate1 or2 7#c7 by /rik+ leaves (fice or employm5t & ins]t+ leaves employm5t2 & 7#d7 by /rik+ =m] elect$ (fic] or4 ,b ,close ! #bj-,p]c5t lobby+ loophole #bbja4 ,lobbyi/ regi/ration re=ms ,section #c7aj7 ( ! ,lobby+ ,disclosure ,act ( #aiie 7#b ,u4,s4,c4 #afjb7aj77 is am5d$ by /rik+ contact1 o!r ?an & all t foll[s ?r\gh #c-mon? p]iod4 & ins]t+ contact ov] a #b-ye> p]iod44 ,,iii ,revolv+ door re=m #cjja4 ,%ort title ,?is title may be cit$ z ! ,f9ancial ,s]vices ,conflict ( ,int]e/ ,act4 #cjjb4 ,re/rictions on private sector paym5t = ,gov]nm5t s]vice ,section #bji ( title #ah1 ,unit$ ,/ates ,code1 is am5d$-- 7#a7 9 subsection 7a7-- 7,a7 by /rik+ any sal>y & ins]t+ any bonus1 sal>y2 & 7,b7 by /rik+ 8 s]vices & ins]t+ s]vices r5d]$ or to be r5d]$2 & 7#b7 9 subsection 7b7-- 7,a7 by ins]t+ 7#a7 aft] 7b72 & 7,b7 by add+ at ! end ! foll[+3 7#b7 ,= purposes ( p>agraph 7#a71 a p5sion1 retirem5t1 gr\p life1 heal? or accid5t insurance1 pr(it-%>+1 /ock bonus1 or o!r employee welf>e or b5efit plan t makes paym5t ( comp5sation cont+5t on accept+ a position 9 ! ,f$]al ,gov]nm5t %all n be consid]$ bona fide4 7#c7 ,= purposes ( p>agraph 7#b71 comp5sation includes a ret5tion aw>d or bonus1 sev]ance pay1 & any o!r paym5t l9k$ to future s]vice 9 ! ,f$]al ,gov]nm5t 9 any way4 4 #cjjc4 ,requirem5ts relat+ to sl[+ ! revolv+ door among f9ancial s]vices regulators 7a7 ,9 g5]al ,! ,e?ics 9 ,gov]nm5t ,act ( #aigh 7#e ,u4,s4,c4 ,app47 is am5d$ by add+ at ! end ! foll[+3 ,,vi ,special requirem5ts = f9ancial s]vices regulators #fja4 ,def9itions 7a7 ,9 g5]al ,9 ?is title1 ! t]ms designat$ ag5cy e?ics (ficial & executive bran* h ! mean+s giv5 su* t]ms "u section #aji4 7b7 ,o!r def9itions ,9 ?is title3 7#a7 ,cov]$ f9ancial s]vices ag5cy ,! t]m cov]$ f9ancial s]vices ag5cy-- 7,a7 means a prim>y f9ancial regulatory ag5cy 7z def9$ 9 section #b ( ! ,dodd-,frank ,wall ,/reet ,re=m & ,consum] ,protection ,act 7#ab ,u4,s4,c4 #ecja772 & 7,b7 includes-- 7i7 ! ,bo>d ( ,gov]nors ( ! ,f$]al ,res]ve ,sy/em2 7ii7 ! ,(fice ( ! ,comptroll] ( ! ,curr5cy2 7iii7 ! ,f$]al ,deposit ,insurance ,corporation2 7iv7 ! ,national ,cr$it ,union ,adm9i/ration2 7v7 ! ,securities & ,ex*ange ,commission2 7vi7 ! ,f$]al ,h\s+ ,f9ance ,ag5cy2 7vii7 ! ,bureau ( ,consum] ,f9ancial ,protection2 7viii7 ! ,commodity ,futures ,trad+ ,commission2 & 7ix7 ! ,dep>tm5t ( ! ,treasury4 7#b7 ,cov]$ f9ancial s]vices regulator ,! t]m cov]$ f9ancial s]vices regulator means an (fic] or employee ( a cov]$ f9ancial s]vices ag5cy :o occupies-- 7,a7 a sup]visory position classifi$ above ,,gs-#ae ( ! ,g5]al ,s*$ule2 7,b7 9 ! case ( a position n "u ! ,g5]al ,s*$ule1 a sup]visory position = :i* ! rate ( basic pay is n less ?an #abj p]c5t ( ! m9imum rate ( basic pay = ,,gs-#ae ( ! ,g5]al ,s*$ule2 or 7,c7 any o!r sup]visory position det]m9$ to be ( equal classification by ! ,director ( ! ,(fice ( ,gov]nm5t ,e?ics4 7#c7 ,=m] cli5t ,! t]m =m] cli5t-- 7,a7 means a p]son = :om a cov]$ f9ancial s]vices regulator s]v$ p]sonally z an ag5t1 attorney1 or consultant dur+ ! #b-ye> p]iod end+ on ! date 7aft] su* s]vice7 on :i* ! cov]$ f9ancial s]vices regulator beg9s s]vice 9 ! ,f$]al ,gov]nm5t2 & 7,b7 does n include-- 7i7 in/ances 9 :i* ! s]vice provid$ 0 limit$ to a spee* or simil> appe>ance2 or 7ii7 a cli5t ( ! =m] employ] ( ! cov]$ f9ancial s]vices regulator to :om ! cov]$ f9ancial s]vices regulator did n p]sonally provide su* s]vices4 7#d7 ,=m] employ] ,! t]m =m] employ]-- 7,a7 means a p]son = :om a cov]$ f9ancial s]vices regulator s]v$ z an employee1 (fic]1 director1 tru/ee1 or g5]al p>tn] dur+ ! #b-ye> p]iod end+ on ! date 7aft] su* s]vice7 on :i* ! cov]$ f9ancial s]vices regulator beg9s s]vice 9 ! ,f$]al ,gov]nm5t2 & 7,b7 does n include-- 7i7 an entity 9 ! ,f$]al ,gov]nm5t1 includ+ an executive bran* ag5cy2 7ii7 a ,/ate or local gov]nm5t2 7iii7 ! ,di/rict ( ,columbia2 7iv7 an ,indian tribe1 z def9$ 9 section #d ( ! ,indian ,self-,det]m9ation & ,education ,assi/ance ,act 7#be ,u4,s4,c4 #dej;b72 or 7v7 ! gov]nm5t ( a t]ritory or possession ( ! ,unit$ ,/ates4 #fjb4 ,conflict ( int]e/ & eligibility /&>ds = f9ancial s]vices regulators 7a7 ,9 g5]al ,a cov]$ f9ancial s]vices regulator %all n make1 p>ticipate 9 mak+1 or 9 any way attempt to use ! (ficial position ( ! cov]$ f9ancial s]vices regulator to influ5ce a p>ticul> matt] t provides a direct & sub/antial pecuni>y b5efit = a =m] employ] or =m] cli5t ( ! cov]$ f9ancial s]vices regulator4 7b7 ,recusal ,a cov]$ f9ancial s]vices regulator %all recuse himself or h]self f any (ficial action t w\ld violate subsection 7a74 7c7 ,waiv] 7#a7 ,9 g5]al ,! head ( ! cov]$ f9ancial s]vices ag5cy employ+ a cov]$ f9ancial s]vices regulator1 9 consultation ) ! ,director ( ! ,(fice ( ,gov]nm5t ,e?ics1 may grant a writt5 waiv] ( ! re/rictions "u subsection 7a7 if1 & to ! ext5t t1 ! head ( ! cov]$ f9ancial s]vices ag5cy c]tifies 9 writ+ t-- 7,a7 ! application ( ! re/riction to ! p>ticul> matt] is inconsi/5t ) ! purposes ( ! re/riction2 or 7,b7 x is 9 ! public int]e/ to grant ! waiv]4 7#b7 ,publication ,! ,director ( ! ,(fice ( ,gov]nm5t ,e?ics %all make ea* waiv] "u p>agraph 7#a7 publicly available on ! ,web site ( ! ,(fice ( ,gov]nm5t ,e?ics4 #fjc4 ,negotiat+ future private sector employm5t 7a7 ,prohibition ,except z provid$ 9 subsection 7c71 & not)/&+ any o!r provision ( law1 a cov]$ f9ancial s]vices regulator may n p>ticipate 9 any p>ticul> matt] :i* involves1 to ! k ( ! cov]$ f9ancial s]vices regulator1 an individual or entity ) :om ! cov]$ f9ancial s]vices regulator is 9 negotiations ( future employm5t or has an arrangem5t conc]n+ prospective employm5t4 7b7 ,disclosure ( employm5t negotiations 7#a7 ,9 g5]al ,if a cov]$ f9ancial s]vices regulator beg9s any negotiations ( future employm5t ) ano!r p]son1 or an ag5t or int]m$i>y ( ano!r p]son1 or o!r discussion or communication ) ano!r p]son1 or an ag5t or int]m$i>y ( ano!r p]son1 mutually conduct$ ) a view t[>d rea*+ an agreem5t reg>d+ possible employm5t ( ! cov]$ f9ancial s]vices regulator1 ! cov]$ f9ancial s]vices regulator %all notify ! designat$ ag5cy e?ics (ficial ( ! cov]$ f9ancial s]vices ag5cy employ+ ! cov]$ f9ancial s]vices regulator reg>d+ ! negotiations1 discussions1 or communications4 7#b7 ,in=mation ,a designat$ ag5cy e?ics (ficial receiv+ notice "u p>agraph 7#a71 aft] consultation ) ! ,director ( ! ,(fice ( ,gov]nm5t ,e?ics1 %all in=m ! cov]$ f9ancial s]vices regulator ( any pot5tial conflicts ( int]e/ involv$ 9 any negotiations1 discussions1 or communications ) ! o!r p]son & ! prohibitions applicable4 7c7 ,waiv]s only :5 exceptional circum/ances exi/ 7#a7 ,9 g5]al ,! head ( a cov]$ f9ancial s]vices ag5cy may only grant a waiv] ( subsection 7a7 if ! head det]m9es t exceptional circum/ances exi/4 7#b7 ,review & publication ,= any waiv] grant$ "u p>agraph 7#a71 ! ,director ( ! ,(fice ( ,gov]nm5t ,e?ics %all-- 7,a7 review ! circum/ances relat+ to ! waiv] & ! det]m9ation t exceptional circum/ances exi/2 & 7,b7 make ! waiv] publicly available on ! ,web site ( ! ,(fice ( ,gov]nm5t ,e?ics1 :i* %all include-- 7i7 ! "n ( ! private p]son or p]sons involv$ 9 ! negotiations or arrangem5t conc]n+ prospective employm5t2 & 7ii7 ! date on :i* ! negotiations or arrangem5ts comm5c$4 7d7 ,scope ,= purposes ( ?is section1 ! t]m negotiations ( future employm5t is n limit$ to discussions ( specific t]ms or conditions ( employm5t 9 a specific position4 #fjd4 ,recordkeep+ ,! ,director ( ! ,(fice ( ,gov]nm5t ,e?ics %all-- 7#a7 receive all employm5t hi/ories1 recusal & waiv] records1 & o!r disclosure records = cov]$ executive bran* (ficials necess>y = monitor+ compliance to ?is title2 7#b7 promulgate rules & regulations1 9 consultation ) ! ,director ( ! ,(fice ( ,p]sonnel ,managem5t & ! ,attorney ,g5]al1 = implem5tation ( ?is title2 7#c7 provide guidance & assi/ance :]e appropriate to facilitate compliance ) ?is title2 7#d7 review &1 :]e necess>y1 assi/ designat$ ag5cy e?ics (fic]s 9 provid+ advice to cov]$ f9ancial s]vices regulators reg>d+ compliance ) ?is title2 & 7#e7 if ! ,director det]m9es t a violation ( ?is title may h occurr$1 & 9 consultation ) ! designat$ ag5cy e?ics (fic] & ! ,c\nsel to ! ,presid5t1 ref] ! compliance case to ! ,unit$ ,/ates ,attorney = ! ,di/rict ( ,columbia = en=cem5t action4 #fje4 ,p5alties & injunctions 7a7 ,crim9al p5alties 7#a7 ,9 g5]al ,any p]son :o violates section #fjb or #fjc %all be f9$ "u title #ah1 ,unit$ ,/ates ,code1 imprison$ = n m ?an #a ye>1 or bo?4 7#b7 ,willful violations ,any p]son :o willfully violates section #fjb or #fjc %all be f9$ "u title #ah1 ,unit$ ,/ates ,code1 imprison$ = n m ?an #e ye>s1 or bo?4 7b7 ,civil en=cem5t 7#a7 ,9 g5]al ,! ,attorney ,g5]al may br+ a civil action 9 ! appropriate ,unit$ ,/ates di/rict c\rt aga9/ any p]son :o violates1 or :o ! ,attorney ,g5]al has reason to believe is engag+ 9 conduct t violates1 section #fjb or #fjc4 7#b7 ,civil p5alty 7,a7 ,9 g5]al ,^u pro( by a prepond]ance ( ! evid5ce t a p]son violat$ section #fjb or #fjc1 ! c\rt %all impose a civil p5alty ( n m ?an ! great] (-- 7i7 #ajj1jjj = ea* violation2 or 7ii7 ! am\nt ( comp5sation ! p]son receiv$ or 0 (f]$ = ! conduct con/itut+ ! violation4 7,b7 ,rule ( con/ruction ,a civil p5alty "u ?is subsection %all be 9 addition to any o!r crim9al or civil /atutory1 common law1 or adm9i/rative rem$y1 available to ! ,unit$ ,/ates or any o!r p]son4 7#c7 ,injunctive relief 7,a7 ,9 g5]al ,9 a civil action br\ght "u p>agraph 7#a7 aga9/ a p]son1 ! ,attorney ,g5]al may petition ! c\rt = an ord] prohibit+ ! p]son f engag+ 9 conduct t violates section #fjb or #fjc4 ,! c\rt may issue su* an ord] if ! c\rt f9ds by a prepond]ance ( ! evid5ce t ! conduct ( ! p]son violates section #fjb or #fjc4 7,b7 ,rule ( con/ruction ,! fil+ ( a petition seek+ injunctive relief "u ?is p>agraph %all n preclude any o!r rem$y :i* is available by law to ! ,unit$ ,/ates or any o!r p]son4 4 #cjjd4 ,prohibition ( procurem5t (fic]s accept+ employm5t f ,gov]nm5t contractors 7a7 ,expansion ( prohibition on acceptance by =m] (ficials ( comp5sation f contractors ,section #bajd ( title #da1 ,unit$ ,/ates ,code1 is am5d$-- 7#a7 9 subsection 7a7-- 7,a7 9 ! matt] prec$+ p>agraph 7#a7-- 7i7 by /rik+ or consultant & ins]t+ consultant1 lawy]1 or lobbyi/2 & 7ii7 by /rik+ "o ye> & ins]t+ #b ye>s2 & 7,b7 9 p>agraph 7#c71 by /rik+ p]sonally made = ! ,f$]al ag5cy & ins]t+ p>ticipat$ p]sonally & sub/antially 92 & 7#b7 by am5d+ subsection 7b7 to read z foll[s3 7b7 ,prohibition on comp5sation f affiliates & subcontractors ,a =m] (ficial responsible = a ,gov]nm5t contract ref]r$ to 9 p>agraph 7#a71 7#b71 or 7#c7 ( subsection 7a7 %all be prohibit$ f accept+ comp5sation = two ye>s aft] aw>d+ su* contract f any division1 affiliate1 or subcontractor ( ! contractor4 4 7b7 ,requirem5t = procurem5t (fic]s ,to disclose job (f]s made on behalf ( relatives ,section #bajc7;a7 ( title #da1 ,unit$ ,/ates ,code1 is am5d$ 9 ! matt] prec$+ p>agraph 7#a7 by ins]t+ aft] t (ficial ! foll[+3 1 or = a relative 7z def9$ 9 section #caaj ( title #e7 ( t (ficial14 7c7 ,requirem5t on aw>d ( ,gov]nm5t contracts to =m] employ]s 7#a7 ,9 g5]al ,*apt] #ba ( title #da1 ,unit$ ,/ates ,code1 is am5d$ by add+ at ! end ! foll[+3 #bajh4 ,prohibition on involvem5t by c]ta9 =m] contractor employees 9 procurem5ts ,an employee ( ! ,f$]al ,gov]nm5t may n be p]sonally & sub/antially involv$ ) any aw>d ( a contract to1 or ! adm9i/ration ( a contract aw>d$ to1 a contractor t is a =m] employ] ( ! employee dur+ ! #b-ye> p]iod beg9n+ on ! date on :i* ! employee leaves ! employm5t ( ! contractor4 4 7#b7 ,te*nical & con=m+ am5dm5t ,! table ( sections = *apt] #ba ( title #da1 ,unit$ ,/ates ,code1 is am5d$ by add+ at ! end ! foll[+3 #bajh4 ,prohibition on involvem5t by c]ta9 =m] contractor employees 9 procurem5ts4 4 7d7 ,regulations ,! ,adm9i/rator = ,f$]al ,procurem5t ,policy & ! ,director ( ! ,(fice ( ,managem5t & ,budget %all-- 7#a7 9 consultation ) ! ,director ( ! ,(fice ( ,p]sonnel ,managem5t & ! ,c\nsel to ! ,presid5t1 promulgate regulations to c>ry out & ensure ! en=cem5t ( *apt] #ba ( title #da1 ,unit$ ,/ates ,code1 z am5d$ by ?is section2 & 7#b7 9 consultation ) designat$ ag5cy e?ics (fic]s 7z def9$ "u section #fja ( ! ,e?ics 9 ,gov]nm5t ,act ( #aigh 7#e ,u4,s4,c4 ,app4771 monitor compliance ) su* *apt] by individuals & ag5cies4 #cjje4 ,revolv+ door re/rictions on f9ancial s]vices regulators mov+ into ! private sector 7a7 ,9 g5]al ,section #bjg ( title #ah1 ,unit$ ,/ates ,code1 is am5d$-- 7#a7 by r$esignat+ subsections 7e7 ?r\gh 7l7 z subsections 7f7 ?r\gh 7m71 respectively2 & 7#b7 by ins]t+ aft] subsection 7d7 ! foll[+3 7e7 ,re/rictions on employm5t = f9ancial s]vices regulators 7#a7 ,9 g5]al ,9 addition to ! re/rictions set =? 9 subsections 7a71 7b71 7c71 & 7d71 a cov]$ f9ancial s]vices regulator %all n-- 7,a7 dur+ ! #b-ye> p]iod beg9n+ on ! date 8 or h] employm5t z a cov]$ f9ancial s]vices regulator ceases-- 7i7 kn[+ly act z ag5t or attorney =1 or o!rwise repres5t1 any o!r p]son = comp5sation 7except ! ,unit$ ,/ates7 9 any =mal or in=mal appe>ance be=e2 7ii7 ) ! int5t to influ5ce1 make any oral or writt5 communication on behalf ( any o!r p]son 7except ! ,unit$ ,/ates7 to2 or 7iii7 kn[+ly aid1 advise1 or assi/ 9-- 7,i7 repres5t+ any o!r p]son 7except ! ,unit$ ,/ates7 9 any =mal or in=mal appe>ance be=e2 or 7,,ii7 mak+1 ) ! int5t to influ5ce1 any oral or writt5 communication on behalf ( any o!r p]son 7except ! ,unit$ ,/ates7 to1 any c\rt ( ! ,unit$ ,/ates1 or any (fic] or employee !re(1 9 connection ) any judicial or o!r proce$+1 :i* 0 actually p5d+ "u 8 or h] (ficial responsibility z a cov]$ f9ancial s]vices regulator dur+ ! #a-ye> p]iod end+ on ! date 8 or h] employm5t z a cov]$ f9ancial s]vices regulator ceases or 9 :i* he or %e p>ticipat$ p]sonally & sub/antially z a cov]$ f9ancial s]vices regulator2 or 7,b7 dur+ ! #b-ye> p]iod beg9n+ on ! date 8 or h] employm5t z a cov]$ f9ancial s]vices regulator ceases-- 7i7 kn[+ly act z a lobbyi/ or ag5t =1 or o!rwise repres5t1 any o!r p]son = comp5sation 7except ! ,unit$ ,/ates7 9 any =mal or in=mal appe>ance be=e2 7ii7 ) ! int5t to influ5ce1 make any oral or writt5 communication or conduct any lobby+ activities on behalf ( any o!r p]son 7except ! ,unit$ ,/ates7 to2 or 7iii7 kn[+ly aid1 advise1 or assi/ 9-- 7,i7 repres5t+ any o!r p]son 7except ! ,unit$ ,/ates7 9 any =mal or in=mal appe>ance be=e2 or 7,,ii7 mak+1 ) ! int5t to influ5ce1 any oral or writt5 communication or conduct any lobby+ activities on behalf ( any o!r p]son 7except ! ,unit$ ,/ates7 to1 any dep>tm5t or ag5cy ( ! executive bran* or ,congress 7includ+ any committee ( ,congress71 or any (fic] or employee !re(1 9 connection ) any matt] :i* is p5d+ be=e ! dep>tm5t1 ag5cy1 or ,congress4 7#b7 ,p5alty ,any p]son :o violates p>agraph 7#a7 %all be puni%$ z provid$ 9 section #baf4 7#c7 ,def9itions ,9 ?is subsection-- 7,a7 ! t]m cov]$ f9ancial s]vices regulator has ! mean+ giv5 t t]m "u section #fja ( ! ,e?ics 9 ,gov]nm5t ,act ( #aigh 7#e ,u4,s4,c4 ,app472 & 7,b7 ! t]ms lobbyi/ & lobby+ activities h ! mean+s giv5 su* t]ms 9 section #c ( ! ,lobby+ ,disclosure ,act ( #aiie 7#b ,u4,s4,c4 #afjb74 4 7b7 ,te*nical & con=m+ am5dm5ts 7#a7 ,section #ajc7;a7 ( ! ,hone/ ,lead]%ip & ,op5 ,gov]nm5t ,act ( #bjjg 7#b ,u4,s4,c4 #dgjb7;a77 is am5d$ by /rik+ section #bjg7;e7 ea* place x appe>s & ins]t+ section #bjg7;f74 7#b7 ,section #bjg ( title #ah1 ,unit$ ,/ates ,code1 z am5d$ by subsection 7a71 is am5d$-- 7,a7 9 subsection 7g71 z s r$esignat$1 by /rik+ or 7e7 & ins]t+ or 7f72 7,b7 9 subsection 7j77#a77;,b71 z s r$esignat$1 by /rik+ subsection 7f7 & ins]t+ subsection 7g72 & 7,c7 9 subsection 7k71 z s r$esignat$-- 7i7 9 p>agraph 7#b71 9 ! matt] prec$+ subp>agraph 7,a71 by /rik+ & 7e7 & ins]t+ 7e71 & 7f72 7ii7 9 p>agraph 7#d71 by /rik+ & 7e7 & ins]t+ 7e71 & 7f72 & 7iii7 9 p>agraph 7#g7-- 7,i7 9 subp>agraph 7,a71 by /rik+ & 7e7 & ins]t+ 7e71 & 7f72 & 7,,ii7 9 subp>agraph 7,b77ii71 9 ! matt] prec$+ subclause 7,i71 by /rik+ subsections 7c71 7d71 or 7e7 & ins]t+ subsection 7c71 7d71 7e71 or 7f74 7#c7 ,section #ada7;b77#c7 ( ! ,trade ,act ( #aigd 7#ai ,u4,s4,c4 #baga7;b77#c77 is am5d$ by /rik+ section #bjg7;f77#c7 & ins]t+ #bjg7;g77#c74 7#d7 ,section #ghjb7;b77#c77;,b7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by /rik+ & 7f7 ( section #bjg & ins]t+ & 7g7 ( section #bjg4 7#e7 ,section #ajf7p77#f77;,i77ii7 ( title #di1 ,unit$ ,/ates ,code1 is am5d$ by /rik+ & 7f7 ( section #bjg & ins]t+ & 7g7 ( section #bjg4 #cjjf4 ,re/rictions on ,f$]al exam9]s & sup]visors ( f9ancial in/itutions 7a7 ,9 g5]al ,section #aj7k7 ( ! ,f$]al ,deposit ,insurance ,act 7#ab ,u4,s4,c4 #ahbj7k77 is am5d$-- 7#a7 9 ! subsection head+-- 7,a7 by /rik+ ,"o-,ye> & ins]t+ ,two-,ye>2 & 7,b7 by /rik+ ,exam9]s & ins]t+ ,exam9]s & ,sup]visors2 7#b7 9 p>agraph 7#a7-- 7,a7 by /rik+ subp>agraph 7,b7 & ins]t+ ! foll[+3 7,b7 s]v$-- 7i7 n less ?an #b mon?s dur+ ! f9al #ab mon?s ( ! employm5t ( ! p]son ) su* ag5cy or entity z ! s5ior exam9] 7or a functionally equival5t position7 ( a depository in/itution or depository in/itution hold+ company ) cont9u+1 broad responsibility = ! exam9ation 7or inspection7 ( t depository in/itution or depository in/itution hold+ company on behalf ( ! relevant ag5cy or ,f$]al res]ve bank2 or 7ii7 z a sup]visor ( ! s5ior exam9] ) responsibility = manag+ ! ov]sight ( n m ?an #e depository in/itutions or depository in/itution hold+ companies on behalf ( ! relevant ag5cy or ,f$]al res]ve bank2 & 2 & 7,b7 9 subp>agraph 7,c7-- 7i7 9 ! matt] prec$+ clause 7i71 by /rik+ #a ye> & ins]t+ #b ye>s2 7ii7 9 clause 7i71 by /rik+ or & ins]t+ a semicolon2 7iii7 9 clause 7ii71 by /rik+ ! p]iod at ! end & ins]t+ a semicolon2 & 7iv7 by add+ at ! end ! foll[+3 7iii7 a bus9ess entity1 firm1 or association t repres5ts ! depository in/itution or depository in/itution hold+ company = comp5sation4 2 7#c7 by r$esignat+ p>agraphs 7#b7 ?r\gh 7#f7 z p>agraphs 7#c7 ?r\gh 7#g71 respectively2 7#d7 by ins]t+ aft] p>agraph 7#a7 ! foll[+3 7#b7 ,application ( p5alties = sup]visors ,a sup]visor ( a l>ge f9ancial s]vice regulatory ag5cy or a sup]visor ( a s5ior exam9] %all be subject to ! p5alties describ$ 9 p>agraph 7#g7 if ! sup]visor ( ! s5ior exam9] or ! s5ior exam9] kn[+ly accepts comp5sation dur+ ! p]iod beg9n+ on ! date on :i* ! s]vice ( ! sup]visor or s5ior exam9] is t]m9at$ & end+ on ! date t is #b ye>s aft] ! date on :i* ! s]vice on :i* ! s]vice ( ! sup]visor or s5ior exam9] is t]m9at$-- 7,a7 z-- 7i7 an employee2 7ii7 an (fic]2 7iii7 a director2 or 7iv7 a consultant2 & 7,b7 f-- 7i7 a depository in/itution2 7ii7 a depository in/itution hold+ company t is designat$ by ! ,f9ancial ,/ability ,ov]sight ,c\ncil z a sy/emically important f9ancial m>ket utility "u section #hjd ( ! ,paym5t1 ,cle>+1 & ,settlem5t ,sup]vision ,act ( #bjaj 7#ab ,u4,s4,c4 #edfc72 or 7iii7 a bus9ess entity1 firm1 or association t repres5ts an in/itution describ$ 9 clause 7ii7 = comp5sation4 2 7#e7 9 p>agraph 7#d71 z s r$esignat$1 by /rik+ or o!r company4 & ins]t+ or o!r company1 firm1 or association42 & 7#f7 9 ! matt] prec$+ clause 7i7 ( subp>agraph 7,a7 ( p>agraph 7#g71 z s r$esignat$1 by /rik+ o!r company & ins]t+ o!r company1 firm1 or association4 7b7 ,te*nical & con=m+ am5dm5ts ,section #aj7k7 ( ! ,f$]al ,deposit ,insurance ,act 7#ab ,u4,s4,c4 #ahbj7k77 is am5d$-- 7#a7 9 p>agraph 7#a71 by /rik+ p>agraph 7#f7 & ins]t+ p>agraph 7#g72 7#b7 9 p>agraph 7#e77;,a71 z s r$esignat$1 by ins]t+ & p>agraph 7#b7 be=e ! p]iod at ! end2 & 7#c7 9 p>agraph 7#g71 z s r$esignat$-- 7,a7 9 subp>agraph 7,a7-- 7i7 by /rik+ subject to p>agraph 7#a7 & ins]t+ subject to p>agraph 7#a7 or 7#b72 & 7ii7 by /rik+ p>agraph 7#a77;,c7 & ins]t+ p>agraph 7#a77;,c7 or p>agraph 7#b72 & 7,b7 9 subp>agraph 7,c7-- 7i7 by /rik+ p]son describ$ 9 p>agraph 7#a7 & ins]t+ p]son describ$ 9 p>agraph 7#a7 or 7#b72 & 7ii7 by ins]t+ p>agraph 7#b7 be=e ! p]iod at ! end4 ,,iv ,sev]ability #djja4 ,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 & am5dm5ts made by ?is ,act1 & ! application ( ! provisions & am5dm5t to any p]son or circum/ance1 %all n be affect$ by ! hold+4