,,ii  #aah? ,,congress  #a/ ,session    
,s4 #eab  ,,9 ,,! ,,s5ate ,,( ,,!       
,,unit$ ,,/ates  ,febru>y #af1 #bjbc    
,mr4 ,:iteh\se 7= himself1 ,mr4 ,wyd51  
,mr4 ,s*um]1 ,mr4 ,van ,holl51 ,ms4     
,klobu*>1 ,mrs4 ,fe9/e91 ,mrs4 ,murray1 
,mr4 ,durb91 ,mr4 ,re$1 ,mr4 ,c>p]1 ,ms4
 ,/ab5[1 ,ms4 ,cantwell1 ,mr4 ,m55dez1  
,mr4 ,c>d91 ,mr4 ,s&]s1 ,mr4 ,br[n1 ,mr4
 ,casey1 ,mr4 ,te/]1 ,mrs4 ,%ahe51 ,mr4 
,w>n]1 ,mr4 ,m]kley1 ,mr4 ,b5net1 ,mrs4 
,gillibr&1 ,mr4 ,man*91 ,mr4 ,coons1    
,mr4 ,blum5?al1 ,mr4 ,s*atz1 ,ms4       
,baldw91 ,mr4 ,murphy1 ,ms4 ,hirono1    
,mr4 ,he9ri*1 ,mr4 ,k+1 ,mr4 ,ka9e1 ,ms4
 ,w>r51 ,mr4 ,m>key1 ,mr4 ,book]1 ,mr4  
,pet]s1 ,ms4 ,duckwor?1 ,ms4 ,hassan1   
,ms4 ,cortez ,ma/o1 ,ms4 ,smi?1 ,ms4    
,s9ema1 ,ms4 ,ros51 ,mr4 ,kelly1 ,mr4   
,lujn1 ,mr4 ,hick5loop]1 ,mr4 ,padilla1 
,mr4 ,oss(f1 ,mr4 ,w>nock1 ,mr4 ,wel*1 &
 ,mr4 ,fett]man7 introduc$ ! foll[+     
bill2 :i* 0 read twice & ref]r$ to !    
,committee on ,rules & ,adm9i/ration  ,a
 ,,bill  ,to am5d ! ,f$]al ,election    

,campaign ,act ( #aiga to provide =     
additional disclosure requirem5ts =     
corporations1 labor organizations1 ,sup]
 ,p,a,cs & o!r entities1 & = o!r        
purposes4  #a4 ,%ort title2 table (     
cont5ts  7a7 ,%ort title ,?is ,act may  
be cit$ z ! ,democracy ,is ,/r5g!n$ by  
,ca/+ ,light ,on ,sp5d+ 9 ,elections    
,act ( #bjbc or ! ,,disclose ,act (     
#bjbc4  7b7 ,table ( cont5ts ,! table ( 
cont5ts ( ?is ,act is z foll[s3  ,sec4  
#a4 ,%ort title2 table ( cont5ts4 ,sec4 
#b4 ,f9d+s4 ,,title ,i--,clos+          
,loopholes ,all[+ ,sp5d+ by ,=eign      
,nationals 9 ,elections ,sec4 #aja4     
,cl>ification ( application ( =eign     
money ban to c]ta9 disbursem5ts &       
activities4 ,sec4 #ajb4 ,/udy & report  
on illicit =eign money 9 ,f$]al         
elections4 ,sec4 #ajc4 ,prohibition on  
contributions & donations by =eign      
nationals 9 connection ) ballot         
initiatives & ref]5da4 ,sec4 #ajd4      
,disbursem5ts & activities subject to   
=eign money ban4 ,sec4 #aje4 ,prohibit+ 

e/abli%m5t ( corporation to conceal     
election contributions & donations by   
=eign nationals4 ,,title ,,ii--,report+ 
( ,campaign-,relat$ ,disbursem5ts ,sec4 
#bja4 ,report+ ( campaign-relat$        
disbursem5ts4 ,sec4 #bjb4 ,report+ (    
,f$]al judicial nom9ation disbursem5ts4 
,sec4 #bjc4 ,coord9ation ) ,fin,c,e,n4  
,sec4 #bjd4 ,application ( =eign money  
ban to disbursem5ts = campaign-relat$   
disbursem5ts consi/+ ( cov]$ transf]s4  
,sec4 #bje4 ,s5se ( ,congress reg>d+    
implem5tation4 ,sec4 #bjf4 ,effective   
date4 ,,title ,,iii--,o!r ,adm9i/rative 
,re=ms ,sec4 #cja4 ,petition = c]tior>i4
 ,sec4 #cjb4 ,judicial review ( actions 
relat$ to campaign f9ance laws4 ,sec4   
#cjc4 ,effective date4 ,,title ,,iv--,/&
 by e ad ,sec4 #dja4 ,%ort title4 ,sec4 
#djb4 ,/& by e ad4 ,sec4 #djc4          
,disclaim] requirem5ts = communications 
made ?r\gh pr]ecord$ telephone calls4   
,sec4 #djd4 ,no expansion ( p]sons      
subject to disclaim] requirem5ts on     
int]net communications4 ,sec4 #dje4     

,effective date4 ,,title                
,v--,sev]ability ,sec4 #eja4            
,sev]ability4  #b4 ,f9d+s ,congress f9ds
 ! foll[+3 7#a7 ,campaign f9ance        
disclosure is a n>r[ly tailor$ &        
m9imally re/rictive means to advance    
sub/antial gov]nm5t int]e/s1 includ+    
fo/]+ an in=m$ electorate capable (     
engag+ 9 self-gov]nm5t & hold+ _! elect$
 (ficials acc\ntable1 detect+ & det]r+  
quid pro quo corruption1 & id5tify+     
in=mation necess>y to en=ce o!r campaign
 f9ance laws1 includ+ campaign          
contribution limits & ! prohibition on  
=eign money 9 ,u4,s4 campaigns4 ,to     
fur!r ^! sub/antial int]e/s1 campaign   
f9ance disclosure mu/ be timely &       
complete1 & mu/ disclose ! true &       
orig9al s\rce ( money giv51 transf]r$1 &
 sp5t to influ5ce ,f$]al elections4     
,curr5t law does n meet ?is objective   
because corporations & o!r entities t ! 
,supreme ,c\rt has p]mitt$ to sp5d money
 to influ5ce ,f$]al elections are       
subject to few if any transp>5cy        

requirem5ts4  7#b7 ,z ! ,supreme ,c\rt  
recogniz$ 9 its p] curiam op9ion 9      
,buckley v4 ,valeo1 #dbd ,u4,s4 #a1     
7#aigf71 disclosure requirem5ts c]ta9ly 
9 mo/ applications appe> to be ! lea/   
re/rictive means ( curb+ ! evils (      
campaign ignorance & corruption t       
,congress f\nd to exi/4 ,buckley1 #dbd  
,u4,s4 at #fh4 ,9 ,citiz5s ,unit$ v4    
,,fec1 ! ,c\rt reit]at$ t disclosure is 
a less re/rictive alt]native to m       
compreh5sive regulations ( spee*4 #eeh  
,u4,s4 #caj1 #cfi 7#bjaj74  7#c7 ,no    
subsequ5t decision has call$ ^! hold+s  
into "q1 includ+ ! ,c\rt's decision 9   
,am]icans = ,prosp]ity ,f\ndation v4    
,bonta1 #ada ,s4 ,ct4 #bcgc 7#bjba74 ,t 
case did n involve campaign f9ance      
disclosure1 & ! ,c\rt did n ov]turn its 
long/&+ recognition ( ! sub/antial      
int]e/s fur!r$ by su* disclosure4  7#d7 
,campaign f9ance disclosure is also     
ess5tial to en=ce ! ,f$]al ,election    
,campaign ,act's prohibition on         
contributions by & solicitations ( =eign

 nationals4 ,see section #cai ( ! ,f$]al
 ,election ,campaign ,act ( #aiga 7#eb  
,u4,s4,c4 #cjaba74  7#e7 ,congress %\ld 
close loopholes all[+ sp5d+ by =eign    
nationals 9 dome/ic elections4 ,=       
example1 9 #bjba1 ! ,f$]al ,election    
,commission1 ! indep5d5t ,f$]al ag5cy   
*>g$ ) protect+ ! integrity ( ! ,f$]al  
campaign f9ance process1 f\nd reason to 
believe & conciliat$ a matt] :]e an     
exp]i5c$ political consultant kn[+ly &  
willfully violat$ ,f$]al law by solicit+
 a contribution f a =eign national by   
(f]+ to transmit a #b1jjj1jjj           
contribution to a sup] ,,pac ?r\gh 8    
company & two #eja7;c77#d7              
organizations1 to conceal ! orig9 ( !   
funds4 ,?is s*eme 0 only unveil$ aft]   
appe>+ 9 a ,! ,telegraph ,,uk article & 
video captur+ ! solicitation4 ,see      
,conciliation ,agreem5t1 ,m,u,rs #gafe  
#gaif 7,great ,am]ica ,,pac1 et al471   
date ,june #bh1 #bjba2 ,factual & ,legal
 ,analysis1 ,m,u,rs #gafe  #gaif 7,jesse
 ,b5ton71 dat$ ,m>4 #b1 #bjba4  ,i      

,clos+ ,loopholes ,all[+ ,sp5d+ by      
,=eign ,nationals 9 ,elections  #aja4   
,cl>ification ( application ( =eign     
money ban to c]ta9 disbursem5ts &       
activities ,section #cai7;b7 ( ! ,f$]al 
,election ,campaign ,act ( #aiga 7#eb   
,u4,s4,c4 #cjaba7;b77 is am5d$-- 7#a7 by
 r$esignat+ p>agraphs 7#a7 & 7#b7 z     
subp>agraphs 7,a7 & 7,b71 respectively1 
& by mov+ su* subp>agraphs #b ems to !  
"r2  7#b7 by /rik+ ,z us$ 9 ?is section1
 ! t]m & ins]t+ ! foll[+3               
,def9itions4--,= purposes ( ?is         
section--  7#a7 ,=eign national ,! t]m  
2  7#c7 by mov+ p>agraphs 7#a7 & 7#b7   
two ems to ! "r & r$esignat+ !m z       
subp>agraphs 7,a7 & 7,b71 respectively2 
&  7#d7 by add+ at ! end ! foll[+ new   
p>agraph3  7#b7 ,contribution & donation
 ,= purposes ( p>agraphs 7#a7 & 7#b7 (  
subsection 7a71 ! t]m contribution or   
donation includes any disbursem5t to a  
political committee :i* accepts         
donations or contributions t d n comply 
) any ( ! limitations1 prohibitions1 &  

report+ requirem5ts ( ?is ,act 7or any  
disbursem5t to or on behalf ( any acc\nt
 ( a political committee :i* is e/abli%$
 = ! purpose ( accept+ su* donations or 
contributions71 or to any o!r p]son = ! 
purpose ( fund+ an exp5diture1 indep5d5t
 exp5diture1 or electione]+             
communication 7z def9$ 9 section        
#cjd7;f77#c774  4  #ajb4 ,/udy & report 
on illicit =eign money 9 ,f$]al         
elections  7a7 ,/udy ,= ea* #d-ye>      
election cycle 7beg9n+ ) ! #d-ye>       
election cycle end+ 9 #bjbj71 !         
,comptroll] ,g5]al %all conduct a /udy  
on ! incid5ce ( illicit =eign money 9   
all elections = ,f$]al (fice held dur+ !
 prec$+ #d-ye> election cycle1 includ+  
:at in=mation is kn[n ab\t ! pres5ce (  
su* money 9 elections = ,f$]al (fice4   
7b7 ,report  7#a7 ,9 g5]al ,n lat] ?an !
 applicable date ) respect to any #d-ye>
 election cycle1 ! ,comptroll] ,g5]al   
%all submit to ! appropriate            
congressional committees a report on !  
/udy conduct$ "u subsection 7a74  7#b7  

,matt]s includ$ ,! report submitt$ "u   
p>agraph 7#a7 %all include a description
 ( ! ext5t to :i* illicit =eign money 0 
us$ to t>get p>ticul> gr\ps1 includ+    
rural communities1 ,african-,am]ican &  
o!r m9ority communities1 & milit>y &    
vet]an communities1 bas$ on su* t>get+  
in=mation z is available & accessible to
 ! ,comptroll] ,g5]al4  7#c7 ,applicable
 date ,= purposes ( p>agraph 7#a71 ! t]m
 applicable date means--  7,a7 9 ! case 
( ! #d-ye> election cycle end+ 9 #bjbj1 
! date t is #a ye> aft] ! date ( !      
enactm5t ( ?is ,act2 &  7,b7 9 ! case ( 
any o!r #d-ye> election cycle1 ! date t 
is #a ye> aft] ! date on :i* su* #d-ye> 
election cycle ends4  7c7 ,def9itions ,z
 us$ 9 ?is section3 7#a7 #d-ye> election
 cycle ,! t]m #d-ye> election cycle     
means ! #d-ye> p]iod end+ on ! date ( ! 
g5]al election = ! (fices ( ,presid5t & 
,vice ,presid5t4  7#b7 ,illicit =eign   
money ,! t]m illicit =eign money means  
any contribution1 donation1 exp5diture1 
or disbursem5t by a =eign national 7z   

def9$ 9 section #cai7;b7 ( ! ,f$]al     
,election ,campaign ,act ( #aiga 7#eb   
,u4,s4,c4#cjaba7;b777 prohibit$ "u su*  
section4  7#c7 ,election2 ,f$]al (fice  
,! t]ms election & ,f$]al (fice h !     
mean+s giv5 su* t]ms "u section #cja ( !
 ,f$]al ,election ,campaign ,act ( #aiga
 7#ec ,u4,s4,c4 #cjaja74  7#d7          
,appropriate congressional committees ,!
 t]m appropriate congressional          
committees means-- 7,a7 ! ,committee on 
,h\se ,adm9i/ration ( ! ,h\se (         
,repres5tatives2  7,b7 ! ,committee on  
,rules & ,adm9i/ration ( ! ,s5ate2  7,c7
 ! ,committee on ! ,judici>y ( ! ,h\se (
 ,repres5tatives2 &  7,d7 ! ,committee  
on ! ,judici>y ( ! ,s5ate4  7d7 ,sunset 
,?is section %all n apply to any #d-ye> 
election cycle beg9n+ aft] ! election = 
! (fices ( ,presid5t & ,vice ,presid5t 9
 #bjcb4  #ajc4 ,prohibition on          
contributions & donations by =eign      
nationals 9 connection ) ballot         
initiatives & ref]5da  7a7 ,9 g5]al     
,section #cai7;b7 ( ! ,f$]al ,election  

,campaign ,act ( #aiga 7#eb ,u4,s4,c4   
#cjaba7;b771 z am5d$ by section #aja1 is
 am5d$ by add+ at ! end ! foll[+ new    
p>agraphs3  7#c7 ,f$]al1 ,/ate1 or local
 election ,! t]m ,f$]al1 ,/ate1 or local
 election includes a ,/ate or local     
ballot initiative or ref]5dum1 b only 9 
! case (--  7,a7 a cov]$ =eign national 
z def9$ 9 p>agraph 7#d72 or  7,b7 a     
=eign pr9cipal describ$ 9 section       
#a7;b77#b7 or #a7;b77#c7 ( ! ,=eign     
,ag5t ,regi/ration ,act ( #aich1 z am5d$
 7#bb ,u4,s4,c4 #faa7;b77#b7 or 7b77#c77
 or an ag5t ( su* a =eign pr9cipal "u   
su* ,act4  7#d7 ,cov]$ =eign national   
7,a7 ,9 g5]al ,! t]m cov]$ =eign        
national means-- 7i7 a =eign pr9cipal 7z
 def9$ 9 section #a7;b7 ( ! ,=eign      
,ag5ts ,regi/ration ,act ( #aich 7#bb   
,u4,s4,c4 #faa7;b77 t is a gov]nm5t ( a 
=eign c\ntry or a =eign political p>ty2 
7ii7 any p]son :o acts z an ag5t1       
repres5tative1 employee1 or s]vant1 or  
any p]son :o acts 9 any o!r capacity at 
! ord]1 reque/1 or "u ! direction or    

control1 ( a =eign pr9cipal describ$ 9  
clause 7i7 or ( a p]son any ( ^:        
activities are directly or indirectly   
sup]vis$1 direct$1 controll$1 f9anc$1 or
 subsidiz$ 9 :ole or 9 major "p by a    
=eign pr9cipal describ$ 9 clause 7i72 or
  7iii7 any p]son includ$ 9 ! li/ (     
specially designat$ nationals & block$  
p]sons ma9ta9$ by ! ,(fice ( ,=eign     
,assets ,control ( ! ,dep>tm5t ( !      
,treasury pursuant to au?orities relat+ 
to ! imposition ( sanctions relat+ to ! 
conduct ( a =eign pr9cipal describ$ 9   
clause 7i74  7,b7 ,cl>ification reg>d+  
application to citiz5s ( ! ,unit$ ,/ates
 ,9 ! case ( a citiz5 ( ! ,unit$ ,/ates1
 clause 7ii7 ( subp>agraph 7,a7 applies 
only to ! ext5t t ! p]son involv$ acts  
)9 ! scope ( t p]son's /atus z ! ag5t ( 
a =eign pr9cipal describ$ 9 clause 7i7 (
 subp>agraph 7,a74  4  7b7 ,effective   
date ,! am5dm5t made by ?is section %all
 apply ) respect to elections held 9    
#bjbd or any succe$+ ye>4  #ajd4        
,disbursem5ts & activities subject to   

=eign money ban  7a7 ,disbursem5ts      
describ$ ,section #cai7;a77#a7 ( !      
,f$]al ,election ,campaign ,act ( #aiga 
7#eb ,u4,s4,c4 #cjaba7;a77#a77 is       
am5d$-- 7#a7 by /rik+ or at ! end (     
subp>agraph 7,b72 &  7#b7 by /rik+      
subp>agraph 7,c7 & ins]t+ ! foll[+3     
7,c7 an exp5diture2  7,d7 an indep5d5t  
exp5diture2  7,e7 a disbursem5t = an    
electione]+ communication 7)9 ! mean+ ( 
section #cjd7;f77#c772  7,f7 a          
disbursem5t = a communication :i* is    
plac$ or promot$ = a fee on a website1  
web application1 or digital application 
t ref]s to a cle>ly id5tifi$ c&idate =  
election = ,f$]al (fice & is dissem9at$ 
)9 #fj days be=e a g5]al1 special or    
run(f election = ! (fice s\ght by !     
c&idate or #cj days be=e a prim>y or    
pref]5ce election1 or a conv5tion or    
caucus ( a political p>ty t has au?ority
 to nom9ate a c&idate = ! (fice s\ght by
 ! c&idate2  7,g7 a disbursem5t by a    
cov]$ =eign national 7z def9$ 9         
subsection 7b77#d77 = a broadca/1 cable 

or satellite communication1 or = a      
communication :i* is plac$ or promot$ = 
a fee on a website1 web application1 or 
digital application1 t promotes1        
supports1 attacks or opposes ! election 
( a cle>ly id5tifi$ c&idate = ,f$]al1   
,/ate1 or local (fice 7reg>dless ( :e!r 
! communication conta9s express advocacy
 or ! functional equival5t ( express    
advocacy72  7,h7 a disbursem5t = a      
broadca/1 cable1 or satellite           
communication1 or = any communication   
:i* is plac$ or promot$ = a fee on an   
onl9e plat=m 7z def9$ 9 subsection      
7b77#e771 t discusses a national        
legislative issue ( public importance 9 
a ye> 9 :i* a regul>ly s*$ul$ g5]al     
election = ,f$]al (fice is held1 b only 
if ! disbursem5t is made by a cov]$     
=eign national 7z def9$ 9 subsection    
7b77#d772  7,i7 a disbursem5t by a cov]$
 =eign national 7z def9$ 9 subsection   
7b77#d77 to comp5sate any p]son =       
int]net activity t promotes1 supports1  
attacks or opposes ! election ( a cle>ly

 id5tifi$ c&idate = ,f$]al1 ,/ate1 or   
local (fice 7reg>dless ( :e!r ! activity
 conta9s express advocacy or !          
functional equival5t ( express          
advocacy72 or  7,j7 a disbursem5t by a  
cov]$ =eign national 7z def9$ 9         
subsection 7b77#d77 = a ,f$]al judicial 
nom9ation communication 7z def9$ 9      
section #cbd7;g77#b772  4  7b7          
,def9ition ( onl9e plat=m ,section      
#cai7;b7 ( su* ,act 7#eb ,u4,s4,c4      
#cjaba7;b771 z am5d$ by sections #aja & 
#ajc1 is am5d$ by add+ at ! end ! foll[+
 new p>agraph3  7#e7 ,onl9e plat=m  7,a7
 ,9 g5]al ,= purposes ( ?is section1    
subject to subp>agraph 7,b71 ! t]m onl9e
 plat=m means any public-fac+ website1  
web application1 or digital application 
7includ+ a social network1 ad network1  
or se>* eng9e7 :i*-- 7i7 7,i7 sells     
qualifi$ political adv]tisem5ts2 &      
7,,ii7 has #ej1jjj1jjj or m unique      
mon?ly ,unit$ ,/ates visitors or us]s = 
a majority ( mon?s dur+ ! prec$+ #ab    
mon?s2 or  7ii7 is a ?ird-p>ty adv]tis+ 

v5dor t has #ej1jjj1jjj or m unique     
mon?ly ,unit$ ,/ates visitors 9 !       
aggregate on any adv]tisem5t space t x  
has sold or b\ght = a majority ( mon?s  
dur+ ! prec$+ #ab mon?s1 z measur$ by an
 indep5d5t digital rat+s s]vice accr$it$
 by ! ,m$ia ,rat+s ,c\ncil 7or its      
successor74  7,b7 ,exemption ,su* t]m   
%all n include any onl9e plat=m t is a  
di/ribution facility ( any broadca/+    
/ation or newspap]1 magaz9e1 blog1      
publication1 or p]iodical4  7,c7        
,?ird-p>ty adv]tis+ v5dor def9$ ,=      
purposes ( ?is subsection1 ! t]m        
?ird-p>ty adv]tis+ v5dor includes1 b is 
n limit$ to1 any ?ird-p>ty adv]tis+     
v5dor network1 adv]tis+ ag5cy1 adv]tis]1
 or ?ird-p>ty adv]tisem5t s]v+ company t
 buys & sells adv]tisem5t space on      
behalf ( unaffiliat$ ?ird-p>ty websites1
 se>* eng9es1 digital applications1 or  
social m$ia sites4  4  7c7 ,effective   
date ,! am5dm5ts made by ?is section    
%all apply ) respect to disbursem5ts    
made on or aft] ! date ( ! enactm5t (   

?is ,act4  #aje4 ,prohibit+ e/abli%m5t (
 corporation to conceal election        
contributions & donations by =eign      
nationals  7a7 ,prohibition ,*apt] #bi (
 title #ah1 ,unit$ ,/ates ,code is am5d$
 by add+ at ! end ! foll[+3  #fab4      
,e/abli%m5t ( corporation to conceal    
election contributions & donations by   
=eign nationals  7a7 ,(f5se ,x %all be  
unlawful = an own]1 (fic]1 attorney1 or 
incorporation ag5t ( a corporation1     
company1 or o!r entity to e/abli% or use
 ! corporation1 company1 or o!r entity )
 ! int5t to conceal an activity ( a     
=eign national 7z def9$ 9 section #cai (
 ! ,f$]al ,election ,campaign ,act (    
#aiga 7#eb ,u4,s4,c4 #cjaba77 prohibit$ 
"u su* section #cai4  7b7 ,p5alty ,any  
p]son :o violates subsection 7a7 %all be
 imprison$ = n m ?an #e ye>s1 f9$ "u ?is
 title1 or bo?4  4  7b7 ,table (        
sections ,! table ( sections = *apt] #bi
 ( title #ah1 ,unit$ ,/ates ,code is    
am5d$ by add+ at ! end ! foll[+ new     
item3  #fab4 ,e/abli%m5t ( corporation  

to conceal election contributions &     
donations by =eign nationals4  4  ,,ii  
,report+ ( ,campaign-,relat$            
,disbursem5ts  #bja4 ,report+ (         
campaign-relat$ disbursem5ts  7a7 ,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 7or1 if e>li]1 ! p]iod beg9n+ "o  
ye> be=e ! fir/ su* disclosure date7 &  
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* organization &1 9 ! case (
 a cov]$ organization t is a corporation
 7o!r ?an a bus9ess conc]n t is an issu]
 ( a class ( securities regi/]$ "u      
section #ab ( ! ,securities ,ex*ange    
,act ( #aicd 7#ae ,u4,s4,c4 #ghl7 or t  
is requir$ to file reports "u section   
#ae7;d7 ( t ,act 7#ae ,u4,s4,c4         
#gho7d777 or an entity describ$ 9       
subsection 7e77#b71 a li/ ( ! b5eficial 
own]s 7z def9$ 9 p>agraph 7#d77;,a77 ( !
 entity t-- 7i7 id5tifies ea* b5eficial 
own] by "n & curr5t resid5tial or       
bus9ess /reet address2 &  7ii7 if any   
b5eficial own] ex]cises control ov] !   
entity ?r\gh ano!r legal entity1 su* z a
 corporation1 p>tn]%ip1 limit$ liability
 company1 or tru/1 id5tifies ea* su* o!r
 legal entity & ea* su* b5eficial own]  

:o w use t o!r entity to ex]cise control
 ov] ! entity4  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
 & if su* communication is 9 support (  
or 9 opposition to ! id5tifi$ 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  7i7 ,if ! cov]$            
organization makes campaign-relat$      
disbursem5ts us+ exclusively funds 9 a  

campaign-relat$ disbursem5t segregat$   
fund1 = ea* paym5t made to ! acc\nt by a
 p]son o!r ?an ! cov]$ organization--   
7,i7 ! "n & address ( ea* p]son :o made 
su* paym5t to ! acc\nt dur+ ! p]iod     
cov]$ by ! /atem5t2  7,,ii7 ! date &    
am\nt ( su* paym5t2 &  7,,iii7 !        
aggregate am\nt ( all su* paym5ts made  
by ! p]son dur+ ! p]iod beg9n+ on ! fir/
 day ( ! election report+ cycle 7or1 if 
e>li]1 ! p]iod beg9n+ "o ye> be=e !     
disclosure date7 & 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 7or1 if e>li]1 ! p]iod    
beg9n+ "o ye> be=e ! disclosure date7 & 
end+ on ! disclosure date4  7ii7 ,9 any 
cal5d> ye> aft] #bjbd1 section          
#cae7;c77#a77;,b7 %all apply to ! am\nt 
describ$ 9 clause 7i7 9 ! same mann] z  
su* section applies to ! limitations    
e/abli%$ "u subsections 7a77#a77;,a71   
7a77#a77;,b71 7a77#c71 & 7h7 ( su*      

section1 except t = purposes ( apply+   
su* section to ! am\nts describ$ 9      
subsection 7b71 ! base p]iod %all be    
cal5d> ye> #bjbd4  7,f7 7i7 ,if ! cov]$ 
organization makes campaign-relat$      
disbursem5ts us+ funds o!r ?an funds 9 a
 campaign-relat$ disbursem5t segregat$  
fund1 = ea* paym5t to ! cov]$           
organization--  7,i7 ! "n & address (   
ea* p]son :o made su* paym5t dur+ !     
p]iod cov]$ by ! /atem5t2  7,,ii7 ! date
 & am\nt ( su* paym5t2 &  7,,iii7 !     
aggregate am\nt ( all su* paym5ts made  
by ! p]son dur+ ! p]iod beg9n+ on ! fir/
 day ( ! election report+ cycle 7or1 if 
e>li]1 ! p]iod beg9n+ "o ye> be=e !     
disclosure date7 & 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 7or1
 if e>li]1 ! p]iod beg9n+ "o ye> be=e ! 
disclosure date7 & end+ on ! disclosure 
date4  7ii7 ,9 any cal5d> ye> aft]      

#bjbd1 section #cae7;c77#a77;,b7 %all   
apply to ! am\nt describ$ 9 clause 7i7 9
 ! same mann] z su* section applies to !
 limitations e/abli%$ "u subsections    
7a77#a77;,a71 7a77#a77;,b71 7a77#c71 &  
7h7 ( su* section1 except t = purposes (
 apply+ su* section to ! am\nts describ$
 9 subsection 7b71 ! base p]iod %all be 
cal5d> ye> #bjbd4  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 ,= 
purposes ( ?is subp>agraph1 am\nts      
receiv$ by a cov]$ organization z       

remittances f an employee to !          
employee's collective b>ga9+            
repres5tative %all be treat$ z am\nts   
receiv$ 9 comm]cial transactions 9 !    
ord9>y c\rse ( ! bus9ess conduct$ by !  
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 a             
campaign-relat$ disbursem5t segregat$   
fund & any o!r acc\nt us$ to make       
campaign-relat$ disbursem5ts4  7,c7     
,?reat ( h>assm5t or reprisal ,!        
requirem5t to include any in=mation     
relat+ to ! "n or address ( any p]son   
7o!r ?an a c&idate7 9 a /atem5t submitt$
 "u p>agraph 7#a7 %all n apply if !     

inclusion ( ! in=mation w\ld subject !  
p]son to s]i\s ?reats1 h>assm5t1 or     
reprisals4  7#d7 ,o!r def9itions ,=     
purposes ( ?is section3 7,a7 ,b5eficial 
own] def9$  7i7 ,9 g5]al ,except z      
provid$ 9 clause 7ii71 ! t]m b5eficial  
own] means1 ) respect to any entity1 a  
natural p]son :o1 directly or           
indirectly--  7,i7 ex]cises sub/antial  
control ov] an entity ?r\gh own]%ip1    
vot+ rights1 agreem5t1 or o!rwise2 or   
7,,ii7 has a sub/antial int]e/ 9 or     
receives sub/antial economic b5efits f !
 assets ( an entity4  7ii7 ,exceptions  
,! t]m b5eficial own] %all n include--  
7,i7 a m9or *ild2  7,,ii7 a p]son act+ z
 a nom9ee1 int]m$i>y1 cu/odian1 or ag5t 
on behalf ( ano!r p]son2  7,,iii7 a     
p]son act+ solely z an employee ( an    
entity & ^: control ov] or economic     
b5efits f ! entity d]ives solely f !    
employm5t /atus ( ! p]son2  7,,iv7 a    
p]son ^: only int]e/ 9 an entity is     
?r\gh a "r ( inh]itance1 unless ! p]son 
also meets ! requirem5ts ( clause 7i72  

or  7,v7 a cr$itor ( an entity1 unless !
 cr$itor also meets ! requirem5ts (     
clause 7i74  7iii7 ,anti-abuse rule ,!  
exceptions "u clause 7ii7 %all n apply  
if us$ = ! purpose ( evad+1 circumv5t+1 
or abus+ ! provisions ( clause 7i7 or   
p>agraph 7#b77;,a74  7,b7               
,campaign-relat$ disbursem5t segregat$  
fund ,! t]m campaign-relat$ disbursem5t 
segregat$ fund means 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\nt4  7,c7
 ,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,d7 ,election 
report+ cycle ,! t]m election report+   
cycle means ! #b-ye> p]iod beg9n+ on !  

date ( ! mo/ rec5t g5]al election =     
,f$]al (fice4  7,e7 ,paym5t ,! t]m      
paym5t includes any contribution1       
donation1 transf]1 paym5t ( dues1 or o!r
 paym5t4  7b7 ,coord9ation ) o!r        
provisions  7#a7 ,o!r reports fil$ ) !  
,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 campaign-relat$       
disbursem5t segregat$ fund 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$  7#a7 ,9 g5]al ,9 ?is 
section1 ! t]m campaign-relat$          
disbursem5t means a disbursem5t by a    
cov]$ organization = any ( ! foll[+3    

7,a7 ,an indep5d5t exp5diture :i*       
expressly advocates ! election or defeat
 ( a cle>ly id5tifi$ c&idate = election 
= ,f$]al (fice1 or is ! functional      
equival5t ( express advocacy because1 :5
 tak5 z a :ole1 x c be int]pret$ by a   
reasonable p]son only z advocat+ !      
election or defeat ( a c&idate =        
election = ,f$]al (fice4  7,b7 ,an      
applicable public communication4  7,c7  
,an electione]+ communication1 z def9$ 9
 section #cjd7;f77#c74  7,d7 ,a cov]$   
transf]4  7#b7 ,applicable public       
communications  7,a7 ,9 g5]al ,! t]m    
applicable public communication means   
any public communication t ref]s to a   
cle>ly id5tifi$ c&idate = election =    
,f$]al (fice & :i* promotes or supports 
! election ( a c&idate = t (fice1 or    
attacks or opposes ! election ( a       
c&idate = t (fice1 )\t reg>d to :e!r !  
communication expressly advocates a vote
 = or aga9/ a c&idate = t (fice4  7,b7  
,exception ,su* t]m %all n include any  
news /ory1 comm5t>y1 or editorial       

di/ribut$ ?r\gh ! facilities ( any      
broadca/+ /ation or any pr9t1 onl9e1 or 
digital newspap]1 magaz9e1 publication1 
or p]iodical1 unless su* facilities are 
own$ or controll$ by any political p>ty1
 political committee1 or c&idate4  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 ,a limit$ 
liability corporation t is n o!rwise    
treat$ z a corporation = purposes ( ?is 
,act 7o!r ?an an organization describ$ 9
 section #eja7;c77#c7 ( ! ,int]nal      
,rev5ue ,code ( #aihf74  7#c7 ,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#d7 ,a     
labor organization 7z def9$ 9 section   
#caf7;b774  7#e7 ,any political         
organization "u section #ebg ( !        

,int]nal ,rev5ue ,code ( #aihf1 o!r ?an 
a political committee "u ?is ,act       
7except z provid$ 9 p>agraph 7#f774     
7#f7 ,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  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 or  7,d7 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 a campaign-relat$    
disbursem5t segregat$ fund & any o!r    
acc\nt us$ to make campaign-relat$      
disbursem5ts4  7#c7 ,special rule reg>d+
 transf]s among affiliates  7,a7        
,special rule ,a transf] ( an am\nt by  
"o cov]$ organization to ano!r cov]$    
organization :i* is treat$ z a transf]  
betwe5 affiliates "u subp>agraph 7,c7   
%all be consid]$ a cov]$ transf] by !   
cov]$ organization :i* transf]s ! am\nt 
only if ! aggregate am\nt transf]r$ dur+
 ! ye> by su* cov]$ organization to t   
same cov]$ organization is equal to or  
great] ?an #ej1jjj4  7,b7 ,det]m9ation (
 am\nt ( c]ta9 paym5ts among affiliates 
,9 det]m9+ ! am\nt ( a transf] betwe5   
affiliates = purposes ( subp>agraph     
7,a71 to ! ext5t t ! transf] consi/s (  
funds attributable to dues1 fees1 or    
assessm5ts :i* are paid by individuals  
on a regul>1 p]iodic basis 9 accordance 

) a p]-individual calculation :i* is    
made on a regul> basis1 ! transf] %all  
be attribut$ to ! individuals pay+ !    
dues1 fees1 or assessm5ts & %all n be   
attribut$ to ! cov]$ organization4  7,c7
 ,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,d7 ,det]m9ation (      
affiliate /atus ,= purposes (           
subp>agraph 7,c71 a cov]$ organization  
is an affiliate ( ano!r cov]$           
organization if--  7i7 ! gov]n+ in/rum5t
 ( ! organization requires x to be b\nd 
by decisions ( ! o!r organization2  7ii7
 ! gov]n+ bo>d ( ! organization includes

 p]sons :o are specifically designat$   
repres5tatives ( ! o!r organization or  
are memb]s ( ! gov]n+ bo>d1 (fic]s1 or  
paid executive /aff memb]s ( ! o!r      
organization1 or ^: s]vice on ! gov]n+  
bo>d is cont+5t ^u ! approval ( ! o!r   
organization2 or  7iii7 ! organization  
is *>t]$ by ! o!r organization4  7,e7   
,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  7g7 ,no      
effect on o!r report+ requirem5ts       
,except z provid$ 9 subsection 7b77#a71 
no?+ 9 ?is section %all be con/ru$ to   
waive or o!rwise affect any o!r         
requirem5t ( ?is ,act :i* relates to !  
report+ ( campaign-relat$ disbursem5ts4 

4  7b7 ,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  7c7  
,regulations ,n lat] ?an #f mon?s aft] !
 date ( ! enactm5t ( ?is ,act1 ! ,f$]al 
,election ,commission %all promulgate   
regulations relat+ ! application ( !    
exemption "u section #cbd7;a77#c77;,c7 (
 ! ,f$]al ,election ,campaign ,act (    
#aiga 7z add$ by subsection 7a774 ,su*  
regulations-- 7#a7 %all require t !     
legal burd5 ( e/abli%+ eligibility = su*
 exemption is ^u ! organization requir$ 
to make ! report requir$ "u section     
#cbd7;a77#a7 ( su* ,act 7z add$ by      
subsection 7a771 &  7#b7 %all be        
consi/5t ) ! pr9ciples appli$ 9 ,citiz5s
 ,unit$ v4 ,f$]al ,election ,commission1
 #eeh ,u4,s4 #caj 7#bjaj74  #bjb4       
,report+ ( ,f$]al judicial nom9ation    
disbursem5ts  7a7 ,f9d+s ,congress makes
 ! foll[+ f9d+s3  7#a7 ,a fair &        
imp>tial judici>y is critical = our     

democracy & crucial to ma9ta9 ! fai? ( !
 p ( ! ,unit$ ,/ates 9 ! ju/ice sy/em4  
,z ! ,supreme ,c\rt held 9 ,cap]ton v4  
,massey1 !re is a s]i\s risk ( actual   
bias--bas$ on objective & reasonable    
p]ceptions--:5 a p]son ) a p]sonal /ake 
9 a p>ticul> case _h a significant &    
disproportionate influ5ce 9 plac+ !     
judge on ! case47,cap]ton v4 ,a4 ,t4    
,massey ,coal ,co41 #eef ,u4,s4 #hfh1   
#hhd 7#bjji774  7#b7 ,public tru/ 9     
gov]nm5t is at a hi/oric l[4 ,accord+ to
 poll+1 mo/ ,am]icans believe t         
corporations h too mu* p[] & influ5ce 9 
politics & ! c\rts4  7#c7 ,! preval5ce &
 p]vasiv5ess ( d>k money drives public  
conc]n ab\t corruption 9 politics & !   
c\rts4 ,d>k money is fund+ =            
organizations & political activities t  
_c be trac$ to actual donors4 ,x is made
 possible by loopholes 9 our tax laws & 
regulations1 weak ov]sight by ! ,int]nal
 ,rev5ue ,s]vice1 & donor-fri5dly c\rt  
decisions4  7#d7 ,"u curr5t law1 social 
welf>e organizations & bus9ess leagues c

 use funds to influ5ce elections s long 
z political activity is n _! prim>y     
activity4 ,sup] ,p,a,cs c accept & sp5d 
unlimit$ contributions f any non-=eign  
s\rce4 ,^! gr\ps c sp5d t5s ( millions (
 doll>s on political activities4 ,su*   
d>k money gr\ps sp5t an e/imat$         
#a1jej1jjj1jjj 9 ! #bjbj election cycle4
  7#e7 ,d>k money is us$ to %ape        
judicial decision mak+4 ,?is c take _m  
=ms1 ak9 to ag5cy capture3 influ5c+     
judicial selection by controll+ :o gets 
nom9at$ & fund+ c&idate adv]tisem5ts2   
creat+ public relations campaigns aim$  
at mobiliz+ ! judici>y ar\nd p>ticul>   
issues2 & draft+ law review articles1   
amicus briefs1 & o!r products :i* tell  
judges h[ to decide a giv5 case &       
provide ready-made argum5ts = will+     
judges to adopt4  7#f7 ,ov] ! pa/       
decade1 nonpr(it organizations t d n    
disclose _! donors h sp5t hundr$s (     
millions ( doll>s to influ5ce !         
nom9ation & confirmation process =      
,f$]al judges4 ,"o organization alone   

has sp5t ne>ly #dj1jjj1jjj on           
adv]tisem5ts support+ or oppos+ ,supreme
 ,c\rt nom9ees s9ce #bjaf4  7#g7        
,anonym\s money sp5t on judicial        
nom9ations is n subject to any          
disclosure requirem5ts4 ,f$]al election 
laws only regulate contributions &      
exp5ditures relat+ to electoral         
politics2 ?us1 exp5ditures1             
contributions1 & advocacy ef=ts = ,f$]al
 judge%ips are n cov]$ "u ! ,f$]al      
,election ,campaign ,act ( #aiga4 ,)\t m
 disclosure1 ! public has no way ( kn[+ 
:e!r ! p sp5d+ money support+ or oppos+ 
judicial nom9ations h bus9ess be=e !    
c\rts4  7#h7 ,congress & ! ,am]ican p h 
a compell+ int]e/ 9 kn[+ :o is fund+ ^! 
campaigns to select & confirm judges to 
lifetime appo9tm5ts on ! ,f$]al b5*4    
7b7 ,report+ ,section #cbd ( ! ,f$]al   
,election ,campaign ,act ( #aiga 7#eb   
,u4,s4,c4 #cjabf71 z am5d$ by section   
#bja1 is am5d$ by r$esignat+ subsection 
7g7 z subsection 7h7 & by ins]t+ aft]   
subsection 7f7 ! foll[+ new subsection3 

7g7 ,application to ,f$]al judicial     
nom9ations  7#a7 ,9 g5]al ,= purposes ( 
?is section--  7,a7 a disbursem5t by a  
cov]$ organization = a ,f$]al judicial  
nom9ation communication %all be treat$ z
 a campaign-relat$ disbursem5t2 &  7,b7 
9 ! case ( campaign-relat$ disbursem5ts 
:i* are = ,f$]al judicial nom9ation     
communications--  7i7 ! doll> am\nts 9  
p>agraphs 7#a7 & 7#b7 ( subsection 7a7  
%all be appli$ sep>ately ) respect to   
su* disbursem5ts & o!r campaign-relat$  
disbursem5ts2  7ii7 ! election report+  
cycle %all be ! cal5d> ye> 9 :i* !      
disbursem5t = ! ,f$]al judicial         
nom9ation communication is made2  7iii7 
ref]5ces to a c&idate 9 subsections     
7a77#b77;,c71 7a77#b77;,d71 &           
7a77#c77;,c7 %all be treat$ z ref]5ces  
to a nom9ee = a ,f$]al judge or ju/ice2 
7iv7 ! ref]5ce to an election 9         
subsection 7a77#b77;,c7 %all be treat$ z
 a ref]5ce to ! nom9ation ( su* nom9ee4 
7#b7 ,f$]al judicial nom9ation          
communication  7,a7 ,9 g5]al ,! t]m     

,f$]al judicial nom9ation communication 
means any communication-- 7i7 t is by   
means ( any broadca/1 cable1 or         
satellite1 paid int]net1 or paid digital
 communication1 paid promotion1         
newspap]1 magaz9e1 outdoor adv]tis+     
facility1 mass mail+1 telephone bank1   
telephone messag+ ef=t ( m ?an #ejj     
sub/antially simil> calls or electronic 
messages )9 a #cj-;day p]iod1 or any o!r
 =m ( g5]al public political adv]tis+2 &
  7ii7 :i* promotes1 supports1 attacks1 
or opposes ! nom9ation or ,s5ate        
confirmation ( an individual z a ,f$]al 
judge or ju/ice4  7,b7 ,exception ,su*  
t]m %all n include any news /ory1       
comm5t>y1 or editorial di/ribut$ ?r\gh !
 facilities ( any broadca/+ /ation or   
any pr9t1 onl9e1 or digital newspap]1   
magaz9e1 publication1 or p]iodical1     
unless su* facilities are own$ or       
controll$ by any political p>ty1        
political committee1 or c&idate4  7,c7  
,int5t n requir$ ,a disbursem5t = an    
item describ$ 9 subp>agraph 7,a7 %all be

 treat$ z a disbursem5t = a ,f$]al      
judicial nom9ation communication        
reg>dless ( ! int5t ( ! p]son mak+ !    
disbursem5t4  4  #bjc4 ,coord9ation )   
,fin,c,e,n  7a7 ,9 g5]al ,! ,director ( 
! ,f9ancial ,crimes ,en=cem5t ,network (
 ! ,dep>tm5t ( ! ,treasury %all provide 
! ,f$]al ,election ,commission ) su*    
in=mation z necess>y to assi/ 9 adm9i/]+
 & en=c+ section #cbd ( ! ,f$]al        
,election ,campaign ,act ( #aiga1 z     
am5d$ by ?is title4  7b7 ,report ,n lat]
 ?an #f mon?s aft] ! date ( ! enactm5t (
 ?is ,act1 ! ,*airman ( ! ,f$]al        
,election ,commission1 9 consultation ) 
! ,director ( ! ,f9ancial ,crimes       
,en=cem5t ,network ( ! ,dep>tm5t ( !    
,treasury1 %all submit to ,congress a   
report ) recomm5dations = provid+ fur!r 
legislative au?ority to assi/ 9 !       
adm9i/ration & en=cem5t ( su* section   
#cbd4  #bjd4 ,application ( =eign money 
ban to disbursem5ts = campaign-relat$   
disbursem5ts consi/+ ( cov]$ transf]s   
,section #cai7;b77#b7 ( ! ,f$]al        

,election ,campaign ,act ( #aiga 7#eb   
,u4,s4,c4 #cjaba7;a77#a77;,a771 z am5d$ 
by section #aja1 is am5d$--  7#a7 by    
/rik+ includes any disbursem5t & ins]t+ 
includes--  7,a7 any disbursem5t  2     
7#b7 by /rik+ ! p]iod at ! end & ins]t+ 
2 &1 &  7#c7 by add+ at ! end ! foll[+  
new subp>agraph3  7,b7 any disbursem5t1 
o!r ?an a disbursem5t describ$ 9 section
 #cbd7;a77#c77;,a71 to ano!r p]son :o   
made a campaign-relat$ disbursem5t      
consi/+ ( a cov]$ transf] 7z describ$ 9 
section #cbd7 dur+ ! #b-ye> p]iod end+  
on ! date ( ! disbursem5t4  4  #bje4    
,s5se ( ,congress reg>d+ implem5tation  
,x is ! s5se ( ,congress t ! ,f$]al     
,election ,commission %\ld simplify !   
process = fil+ any disclosure requir$ "u
 ! provisions (1 & am5dm5ts made by1 ?is
 title 9 ord] to ensure t su* process is
 z easy & accessible z possible4  #bjf4 
,effective date ,! am5dm5ts made by ?is 
title %all apply ) respect to           
disbursem5ts made on or aft] ,janu>y #a1
 #bjbd1 & %all take effect )\t reg>d to 

:e!r or n ! ,f$]al ,election ,commission
 has promulgat$ regulations to c>ry out 
su* am5dm5ts4  ,,iii ,o!r ,adm9i/rative 
,re=ms  #cja4 ,petition = c]tior>i      
,section #cjg7;a77#f7 ( ! ,f$]al        
,election ,campaign ,act ( #aiga 7#eb   
,u4,s4,c4 #cjajg7;a77#f77 is am5d$ by   
ins]t+ 7includ+ a proce$+ be=e !        
,supreme ,c\rt on c]tior>i7 aft] appeal4
  #cjb4 ,judicial review ( actions      
relat$ to campaign f9ance laws  7a7 ,9  
g5]al ,title ,,iv ( ! ,f$]al ,election  
,campaign ,act ( #aiga 7#eb ,u4,s4,c4   
#cjada et seq47 is am5d$ by ins]t+ aft] 
section #djf ! foll[+ new section3      
#djg4 ,judicial review  7a7 ,9 g5]al ,if
 any action is br\ght = decl>atory or   
injunctive relief to *all5ge1 :e!r      
facially or z-appli$1 ! con/itutionality
 or lawfulness ( any provision ( ?is    
,act1 includ+ title ,v1 or ( *apt] #ie  
or #if ( ! ,int]nal ,rev5ue ,code (     
#aihf1 or is br\ght to ) respect to any 
action ( ! ,commission "u *apt] #ie or  
#if ( ! ,int]nal ,rev5ue ,code ( #aihf1 

! foll[+ rules %all apply3 7#a7 ,!      
action %all be fil$ 9 ! ,unit$ ,/ates   
,di/rict ,c\rt = ! ,di/rict ( ,columbia 
& an appeal f ! decision ( ! di/rict    
c\rt may be tak5 to ! ,c\rt ( ,appeals =
 ! ,di/rict ( ,columbia ,circuit4  7#b7 
,9 ! case ( an action relat+ to         
decl>atory or injunctive relief to      
*all5ge ! con/itutionality ( a          
provision1 ! p>ty fil+ ! action %all    
concurr5tly deliv] a copy ( ! compla9t  
to ! ,cl]k ( ! ,h\se ( ,repres5tatives &
 ! ,secret>y ( ! ,s5ate4  7#c7 ,x %all  
be ! duty ( ! ,unit$ ,/ates ,di/rict    
,c\rt = ! ,di/rict ( ,columbia & ! ,c\rt
 ( ,appeals = ! ,di/rict ( ,columbia    
,circuit to advance on ! docket & to    
exp$ite to ! greate/ possible ext5t !   
disposition ( ! action & appeal4  7b7   
,cl>ify+ scope ( jurisdiction ,if an    
action at ! "t ( its comm5cem5t is n    
subject to subsection 7a71 b an am5dm5t1
 c\nt]claim1 cross-claim1 affirmative   
def5se1 or any o!r plead+ or motion is  
fil$ *all5g+1 :e!r facially or z-appli$1

 ! con/itutionality or lawfulness ( ?is 
,act or ( *apt] #ie or #if ( ! ,int]nal 
,rev5ue ,code ( #aihf1 or is br\ght to )
 respect to any action ( ! ,commission  
"u *apt] #ie or #if ( ! ,int]nal ,rev5ue
 ,code ( #aihf1 ! di/rict c\rt %all     
transf] ! action to ! ,di/rict ,c\rt = !
 ,di/rict ( ,columbia1 & ! action %all  
!reaft] be conduct$ pursuant to         
subsection 7a74  7c7 ,int]v5tion by     
,memb]s ( ,congress ,9 any action       
describ$ 9 subsection 7a7 relat+ to     
decl>atory or injunctive relief to      
*all5ge ! con/itutionality ( a          
provision1 any ,memb] ( ! ,h\se (       
,repres5tatives 7includ+ a ,delegate or 
,resid5t ,commission] to ! ,congress7 or
 ,s5ate %all h ! "r to int]v5e ei!r 9   
support ( or opposition to ! position ( 
a p>ty to ! case reg>d+ !               
con/itutionality ( ! provision4 ,to     
avoid duplication ( ef=ts & r$uce !     
burd5s plac$ on ! p>ties to ! action1 ! 
c\rt 9 any su* action may make su* ord]s
 z x consid]s necess>y1 includ+ ord]s to

 require int]v5]s tak+ simil> positions 
to file jo9t pap]s or to be repres5t$ by
 a s+le attorney at oral argum5t4  7d7  
,*all5ge by ,memb]s ( ,congress ,any    
,memb] ( ,congress may br+ an action1   
subject to ! special rules describ$ 9   
subsection 7a71 = decl>atory or         
injunctive relief to *all5ge1 :e!r      
facially or z-appli$1 ! con/itutionality
 ( any provision ( ?is ,act or *apt] #ie
 or #if ( ! ,int]nal ,rev5ue ,code (    
#aihf4  4  7b7 ,con=m+ am5dm5ts  7#a7   
,section #ijaa ( ! ,int]nal ,rev5ue     
,code ( #aihf is am5d$ to read z foll[s3
  #ijaa4 ,judicial review ,= provisions 
relat+ to judicial review (             
c]tifications1 det]m9ations1 & actions  
by ! ,commission "u ?is *apt]1 see      
section #djg ( ! ,f$]al ,election       
,campaign ,act ( #aiga4  4  7#b7        
,section #ijda ( ! ,int]nal ,rev5ue     
,code ( #aihf is am5d$ to read z foll[s3
  #ijda4 ,judicial review ,= provisions 
relat+ to judicial review ( actions by !
 ,commission "u ?is *apt]1 see section  

#djg ( ! ,f$]al ,election ,campaign ,act
 ( #aiga4  4  7#c7 ,section #caj ( !    
,f$]al ,election ,campaign ,act ( #aiga 
7#eb ,u4,s4,c4 #cjaaj7 is repeal$4  7#d7
 ,section #djc ( ! ,bip>tisan ,campaign 
,re=m ,act ( #bjjb 7#eb ,u4,s4,c4 #cjaaj
 note7 is repeal$4  #cjc4 ,effective    
date ,! am5dm5ts made by ?is title %all 
take effect & apply on ! date ( !       
enactm5t ( ?is ,act1 )\t reg>d to :e!r  
or n ! ,f$]al ,election ,commission has 
promulgat$ regulations to c>ry out ?is  
title & ! am5dm5ts made by ?is title4   
,,iv ,/& by e ad  #dja4 ,%ort title ,?is
 title may be cit$ z ! ,/& ,by ,e ,ad   
,act4  #djb4 ,/& by e ad  7a7 ,exp&$    
disclaim] requirem5ts = c]ta9           
communications ,section #cah ( ! ,f$]al 
,election ,campaign ,act ( #aiga 7#eb   
,u4,s4,c4 #cjabj7 is am5d$ by add+ at ! 
end ! foll[+ new subsection3  7e7 ,exp&$
 disclaim] requirem5ts = communications 
n au?oriz$ by c&idates or committees    
7#a7 ,9 g5]al ,except z provid$ 9       
p>agraph 7#f71 any communication        

describ$ 9 p>agraph 7#c7 ( subsection   
7a7 :i* is transmitt$ 9 an audio or     
video =mat 7includ+ an int]net or       
digital communication71 or :i* is an    
int]net or digital communication        
transmitt$ 9 a text or graphic =mat1    
%all include1 9 addition to !           
requirem5ts ( p>agraph 7#c7 ( subsection
 7a71 ! foll[+3 7,a7 ,! individual      
disclosure /atem5t describ$ 9 p>agraph  
7#b77;,a7 7if ! p]son pay+ = !          
communication is an individual7 or !    
organizational disclosure /atem5t       
describ$ 9 p>agraph 7#b77;,b7 7if !     
p]son pay+ = ! communication is n an    
individual74  7,b7 ,if ! communication  
is transmitt$ 9 a video =mat1 or is an  
int]net or digital communication :i* is 
transmitt$ 9 a text or graphic =mat1 &  
is paid = 9 :ole or 9 "p ) a paym5t :i* 
is treat$ z a campaign-relat$           
disbursem5t "u section #cbd-- 7i7 ! ,top
 ,five ,fund]s li/ 7if applicable72 or  
7ii7 9 ! case ( a communication :i*1 z  
det]m9$ on ! basis ( crit]ia e/abli%$ 9 

regulations issu$ by ! ,commission1 is (
 su* %ort duration t includ+ ! ,top     
,five ,fund]s li/ 9 ! communication w\ld
 con/itute a h>d%ip to ! p]son pay+ = ! 
communication by requir+ a              
disproportionate am\nt ( ! cont5t ( !   
communication to consi/ ( ! ,top ,five  
,fund]s li/1 ! "n ( a website :i*       
conta9s ! ,top ,five ,fund]s li/ 7if    
applicable7 or1 9 ! case ( an int]net or
 digital communication1 a hyp]l9k to su*
 website4  7,c7 ,if ! communication is  
transmitt$ 9 an audio =mat & is paid = 9
 :ole or 9 "p ) a paym5t :i* is treat$ z
 a campaign-relat$ disbursem5t "u       
section #cbd--  7i7 ! ,top ,two ,fund]s 
li/ 7if applicable72 or  7ii7 9 ! case (
 a communication :i*1 z det]m9$ on !    
basis ( crit]ia e/abli%$ 9 regulations  
issu$ by ! ,commission1 is ( su* %ort   
duration t includ+ ! ,top ,two ,fund]s  
li/ 9 ! communication w\ld con/itute a  
h>d%ip to ! p]son pay+ = ! communication
 by requir+ a disproportionate am\nt ( !
 cont5t ( ! communication to consi/ ( ! 

,top ,two ,fund]s li/1 ! "n ( a website 
:i* conta9s ! ,top ,two ,fund]s li/ 7if 
applicable74  7#b7 ,disclosure /atem5ts 
describ$  7,a7 ,individual disclosure   
/atem5ts ,! individual disclosure       
/atem5t describ$ 9 ?is subp>agraph is ! 
foll[+3 ,i am 1 & ,i approve ?is        
message41 ) ! blank fill$ 9 ) ! "n ( !  
applicable individual4  7,b7            
,organizational disclosure /atem5ts ,!  
organizational disclosure /atem5t       
describ$ 9 ?is subp>agraph is ! foll[+3 
,i am 1 !  ( 1 &  approves ?is message41
 )--  7i7 ! fir/ blank to be fill$ 9 ) !
 "n ( ! applicable individual2  7ii7 !  
second blank to be fill$ 9 ) ! title ( !
 applicable individual2 &  7iii7 ! ?ird 
& f\r? blank ea* to be fill$ 9 ) ! "n ( 
! organization or o!r p]son pay+ = !    
communication4  7#c7 ,me?od ( conveyance
 ( /atem5t  7,a7 ,communications 9 text 
or graphic =mat ,9 ! case ( a           
communication to :i* ?is subsection     
applies :i* is transmitt$ 9 a text or   
graphic =mat1 ! disclosure /atem5ts     

requir$ "u p>agraph 7#a7 %all appe> 9   
lett]s at lea/ z l>ge z ! majority ( !  
text 9 ! communication4  7,b7           
,communications transmitt$ 9 audio =mat 
,9 ! case ( a communication to :i* ?is  
subsection applies :i* is transmitt$ 9  
an audio =mat1 ! disclosure /atem5ts    
requir$ "u p>agraph 7#a7 %all be made by
 audio by ! applicable individual 9 a   
cle> & conspicu\s mann]4  7,c7          
,communications transmitt$ 9 video =mat 
,9 ! case ( a communication to :i* ?is  
subsection applies :i* is transmitt$ 9 a
 video =mat1 ! in=mation requir$ "u     
p>agraph 7#a7 %all appe> 9 writ+ at !   
end ( ! communication or 9 a crawl along
 ! bottom ( ! communication 9 a cle> &  
conspicu\s mann]1 ) a reasonable degree 
( color contra/ betwe5 ! backgr\nd & !  
pr9t$ /atem5t1 = a p]iod ( at lea/ #f   
seconds4  7#d7 ,applicable individual   
def9$ ,! t]m applicable individual      
means1 ) respect to a communication to  
:i* ?is subsection applies-- 7,a7 if !  
communication is paid = by an           

individual1 ! individual involv$2  7,b7 
if ! communication is paid = by a       
corporation1 ! *ief executive (fic] ( ! 
corporation 7or1 if ! corporation does n
 h a *ief executive (fic]1 ! highe/     
rank+ (ficial ( ! corporation72  7,c7 if
 ! communication is paid = by a labor   
organization1 ! highe/ rank+ (fic] ( !  
labor organization2 &  7,d7 if !        
communication is paid = by any o!r      
p]son1 ! highe/ rank+ (ficial ( su*     
p]son4  7#e7 ,top ,five ,fund]s li/ &   
,top ,two ,fund]s li/ def9$  7,a7 ,top  
,five ,fund]s li/ ,! t]m ,top ,five     
,fund]s li/ means1 ) respect to a       
communication :i* is paid = 9 :ole or 9 
"p ) a campaign-relat$ disbursem5t 7z   
def9$ 9 section #cbd71 a li/ ( ! #e     
p]sons :o1 dur+ ! #ab-mon? p]iod end+ on
 ! date ( ! disbursem5t1 provid$ ! l>ge/
 paym5ts ( any type 9 an aggregate am\nt
 equal to or exce$+ #aj1jjj to ! p]son  
:o is pay+ = ! communication & ! am\nt (
 ! paym5ts ea* su* p]son provid$4 ,if #b
 or m p provid$ ! fif? l>ge/ ( su*      

paym5ts1 ! p]son pay+ = ! communication 
%all select #a ( ^? p]sons to be includ$
 on ! ,top ,five ,fund]s li/4  7,b7 ,top
 two fund]s li/ ,! t]m ,top ,two ,fund]s
 li/ means1 ) respect to a communication
 :i* is paid = 9 :ole or 9 "p ) a       
campaign-relat$ disbursem5t 7z def9$ 9  
section #cbd71 a li/ ( ! p]sons :o1 dur+
 ! #ab-mon? p]iod end+ on ! date ( !    
disbursem5t1 provid$ ! l>ge/ & ! second 
l>ge/ paym5ts ( any type 9 an aggregate 
am\nt equal to or exce$+ #aj1jjj to !   
p]son :o is pay+ = ! communication & !  
am\nt ( ! paym5ts ea* su* p]son provid$4
 ,if #b or m p]sons provid$ ! second    
l>ge/ ( su* paym5ts1 ! p]son pay+ = !   
communication %all select #a ( ^? p]sons
 to be includ$ on ! ,top ,two ,fund]s   
li/4  7,c7 ,exclusion ( c]ta9 paym5ts ,=
 purposes ( subp>agraphs 7,a7 & 7,b71 9 
det]m9+ ! am\nt ( paym5ts made by a     
p]son to a p]son pay+ = a communication1
 !re %all be exclud$ ! foll[+3  7i7 ,any
 am\nts provid$ 9 ! ord9>y c\rse ( any  
trade or bus9ess conduct$ by ! p]son    

pay+ = ! communication or 9 ! =m (      
inve/m5ts 9 ! p]son pay+ = !            
communication4  7ii7 ,any paym5t :i* !  
p]son prohibit$1 9 writ+1 f be+ us$ =   
campaign-relat$ disbursem5ts1 b only if 
! p]son pay+ = ! communication agre$ to 
foll[ ! prohibition & deposit$ ! paym5t 
9 an acc\nt :i* is segregat$ f a        
campaign-relat$ disbursem5t segregat$   
fund 7z def9$ 9 section #cbd7 & any o!r 
acc\nt us$ to make campaign-relat$      
disbursem5ts4  7#f7 ,special rules =    
c]ta9 communications  7,a7 ,exception = 
communications paid = by political      
p>ties & c]ta9 political committees ,?is
 subsection does n apply to any         
communication to :i* subsection 7d77#b7 
applies4  7,b7 ,treatm5t ( video        
communications la/+ #aj seconds or less 
,9 ! case ( a communication to :i* ?is  
subsection applies :i* is transmitt$ 9 a
 video =mat1 or is an int]net or digital
 communication :i* is transmitt$ 9 a    
text or graphic =mat1 ! communication   
%all meet ! foll[+ requirem5ts3  7i7 ,! 

communication %all include ! individual 
disclosure /atem5t describ$ 9 p>agraph  
7#b77;,a7 7if ! p]son pay+ = !          
communication is an individual7 or !    
organizational disclosure /atem5t       
describ$ 9 p>agraph 7#b77;,b7 7if !     
p]son pay+ = ! communication is n an    
individual74  7ii7 ,! /atem5t describ$ 9
 clause 7i7 %all appe> 9 writ+ at ! end 
( ! communication1 or 9 a crawl along ! 
bottom ( ! communication1 9 a cle> &    
conspicu\s mann]1 ) a reasonable degree 
( color contra/ betwe5 ! backgr\nd & !  
pr9t$ /atem5t1 = a p]iod ( at lea/ #d   
seconds4  7iii7 ,! communication %all   
include1 9 a cle> & conspicu\s mann]1 a 
website address ) a l&+ page :i* w      
provide all ( ! in=mation describ$ 9    
p>agraph 7#a7 ) respect to !            
communication4 ,su* address %all appe> =
 ! full duration ( ! communication4     
7iv7 ,to ! ext5t t ! =mat 9 :i* !       
communication is made p]mits ! use ( a  
hyp]l9k1 ! communication %all include a 
hyp]l9k to ! website address describ$ 9 

clause 7iii74  4  7b7 ,application (    
exp&$ requirem5ts to public             
communications consi/+ (                
campaign-,relat$ disbursem5ts  7#a7 ,9  
g5]al ,section #cah7;a7 ( su* ,act 7#eb 
,u4,s4,c4 #cjabj7;a77 is am5d$ by /rik+ 
= ! purpose ( f9anc+ communications     
expressly advocat+ ! election or defeat 
( a cle>ly id5tifi$ c&idate & ins]t+ = a
 campaign-relat$ disbursem5t1 z def9$ 9 
section #cbd1 consi/+ ( a public        
communication4  7#b7 ,cl>ification (    
exemption f inclusion ( c&idate         
disclaim] /atem5t 9 ,f$]al judicial     
nom9ation communications ,section       
#cah7;a77#c7 ( su* ,act 7#eb ,u4,s4,c4  
#cjabj7;a77#c77 is am5d$ by /rik+ %all  
cle>ly /ate & ins]t+ %all 7except 9 !   
case ( a ,f$]al judicial nom9ation      
communication1 z def9$ 9 section        
#cbd7;d77#c77 cle>ly /ate4  7c7         
,exception = communications paid = by   
political p>ties & c]ta9 political      
committees ,section #cah7;d77#b7 ( su*  
,act 7#eb ,u4,s4,c4 #cjabj7;d77#b77 is  

am5d$-- 7#a7 9 ! head+1 by /rik+ ,o!rs &
 ins]t+ ,c]ta9 political committees2    
7#b7 by /rik+ ,any communication &      
ins]t+ 7,a7 ,any communication2  7#c7 by
 ins]t+ :i* 7except to ! ext5t provid$ 9
 subp>agraph 7,b77 is paid = by a       
political committee 7includ+ a political
 committee ( a political p>ty7 & aft]   
subsection 7a72  7#d7 by /rik+ or o!r   
p]son ea* place x appe>s2 &  7#e7 by    
add+ at ! end ! foll[+ new subp>agraph3 
7,b7  7i7 ,?is p>agraph does n apply to 
a communication paid = 9 :ole or 9 "p   
dur+ a cal5d> ye> ) a campaign-relat$   
disbursem5t1 b only if ! cov]$          
organization mak+ ! campaign-relat$     
disbursem5t made campaign-relat$        
disbursem5ts 7z def9$ 9 section #cbd7   
aggregat+ m ?an #aj1jjj dur+ su* cal5d> 
ye>4  7ii7 ,= purposes ( clause 7i71 9  
det]m9+ ! am\nt ( campaign-relat$       
disbursem5ts made by a cov]$            
organization dur+ a ye>1 !re %all be    
exclud$ ! foll[+3  7,i7 ,any am\nts     
receiv$ by ! cov]$ organization 9 !     

ord9>y c\rse ( any trade or bus9ess     
conduct$ by ! cov]$ organization or 9 ! 
=m ( inve/m5ts 9 ! cov]$ organization4  
7,,ii7 ,any am\nts receiv$ by ! cov]$   
organization f a p]son :o prohibit$1 9  
writ+1 ! organization f us+ su* am\nts =
 campaign-relat$ disbursem5ts1 b only if
 ! cov]$ organization agre$ to foll[ !  
prohibition & deposit$ ! am\nts 9 an    
acc\nt :i* is segregat$ f a             
campaign-relat$ disbursem5t segregat$   
fund 7z def9$ 9 section #cbd7 & any o!r 
acc\nt us$ to make campaign-relat$      
disbursem5ts4  4  7d7 ,modification (   
additional requirem5ts = c]ta9          
communications ,section #cah7;d7 ( !    
,f$]al ,election ,campaign ,act ( #aiga 
7#eb ,u4,s4,c4 #cjabj7;d77 is am5d$--   
7#a7 9 p>agraph 7#a77;,a7--  7,a7 by    
/rik+ :i* is transmitt$ ?r\gh radio &   
ins]t+ :i* is 9 an audio =mat2 &  7,b7  
by /rik+ ,by radio 9 ! head+ & ins]t+   
,audio =mat2  7#b7 9 p>agraph           
7#a77;,b7-- 7,a7 by /rik+ :i* is        
transmitt$ ?r\gh television & ins]t+ :i*

 is 9 video =mat2 &  7,b7 by /rik+ ,by  
television 9 ! head+ & ins]t+ ,video    
=mat2 &  7#c7 9 p>agraph 7#b7--  7,a7 by
 /rik+ transmitt$ ?r\gh radio or        
television & ins]t+ made 9 audio or     
video =mat2 &  7,b7 by /rik+ ?r\gh      
television 9 ! second s5t5ce & ins]t+ 9 
video =mat4  #djc4 ,disclaim]           
requirem5ts = communications made ?r\gh 
pr]ecord$ telephone calls  7a7          
,application ( requirem5ts  7#a7 ,9     
g5]al ,section #cah7;a7 ( ! ,f$]al      
,election ,campaign ,act ( #aiga 7#eb   
,u4,s4,c4 #cjabj7;a77 is am5d$ by /rik+ 
mail+ ea* place x appe>s & ins]t+ mail+1
 telephone call consi/+ 9 sub/antial "p 
( a pr]ecord$ audio message4  7#b7      
,application to communications subject  
to exp&$ disclaim] requirem5ts ,section 
#cah7;e77#a7 ( su* ,act 7#eb ,u4,s4,c4  
#cjabj7;e77#a771 z add$ by section      
#cjb7;a71 is am5d$ 9 ! matt] prec$+     
subp>agraph 7,a7 by /rik+ :i* is        
transmitt$ 9 an audio or video =mat &   
ins]t+ :i* is transmitt$ 9 an audio or  

video =mat or :i* consi/s ( a telephone 
call consi/+ 9 sub/antial "p ( a        
pr]ecord$ audio message4  7b7 ,treatm5t 
z communication transmitt$ 9 audio =mat 
7#a7 ,communications by c&idates or     
au?oriz$ p]sons ,section #cah7;d7 ( su* 
,act 7#eb ,u4,s4,c4 #cjabj7;d77 is am5d$
 by add+ at ! end ! foll[+ new p>agraph3
  7#c7 ,pr]ecord$ telephone calls ,any  
communication describ$ 9 p>agraph 7#a71 
7#b71 or 7#c7 ( subsection 7a7 7o!r ?an 
a communication :i* is subject to       
subsection 7e77 :i* is a telephone call 
consi/+ 9 sub/antial "p ( a pr]ecord$   
audio message %all include1 9 addition  
to ! requirem5ts ( su* p>agraph1 ! audio
 /atem5t requir$ "u subp>agraph 7,a7 (  
p>agraph 7#a7 or ! audio /atem5t requir$
 "u p>agraph 7#b7 7:i*ev] is            
applicable71 except t ! /atem5t %all be 
made at ! beg9n+ ( ! telephone call4  4 
7#b7 ,communications subject to exp&$   
disclaim] requirem5ts ,section          
#cah7;e77#c7 ( su* ,act 7#eb ,u4,s4,c4  
#cjabj7;e77#c771 z add$ by section      

#cjb7;a71 is am5d$ by add+ at ! end !   
foll[+ new subp>agraph3  7,d7 ,pr]ecord$
 telephone calls ,9 ! case ( a          
communication to :i* ?is subsection     
applies :i* is a telephone call consi/+ 
9 sub/antial "p ( a pr]ecord$ audio     
message1 ! communication %all be        
consid]$ to be transmitt$ 9 an audio    
=mat4  4  #djd4 ,no expansion ( p]sons  
subject to disclaim] requirem5ts on     
int]net communications ,no?+ 9 ?is title
 or ! am5dm5ts made by ?is title may be 
con/ru$ to require any p]son :o is n    
requir$ "u section #cah ( ! ,f$]al      
,election ,campaign ,act ( #aiga to     
include a disclaim] on communications   
made by ! p]son ?r\gh ! int]net to      
include any disclaim] on any su*        
communications4  #dje4 ,effective date  
,! am5dm5ts made by ?is title %all apply
 ) respect to communications made on or 
aft] ,janu>y #a1 #bjbd1 & %all take     
effect )\t reg>d to :e!r or n ! ,f$]al  
,election ,commission has promulgat$    
regulations to c>ry out su* am5dm5ts4   

,v ,sev]ability  #eja4 ,sev]ability ,if 
any provision ( ?is ,act or am5dm5t made
 by ?is ,act1 or ! application ( a      
provision or am5dm5t to any p]son or    
circum/ance1 is held to be              
uncon/itutional1 ! rema9d] ( ?is ,act & 
am5dm5ts made by ?is ,act1 & !          
application ( ! provisions & am5dm5t to 
any p]son or circum/ance1 %all n be     
affect$ by ! hold+4