107TH CONGRESS

1ST SESSION

S.

AN ACT

To amend the Federal Election Campaign Act of 1971 to

provide bipartisan campaign reform.

Be it enacted by the Senate and House of Representa-

tives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE; TABLE OF CONTENTS.

(a) SHORT TITLE. This Act may be cited as the

``Bipartisan Campaign Reform Act of 2001''.

 (b) TABLE OF CONTENTS. The table of contents of

this Act is as follows:

Sec. 1. Short title; table of contents.

TITLE I REDUCTION OF SPECIAL INTEREST INFLUENCE

Sec. 101. Soft money of political parties.

Sec. 102. Increased contribution limits for State committees of political parties

and aggregate contribution limit for individuals.

Sec. 103. Reporting requirements.

TITLE II NONCANDIDATE CAMPAIGN EXPENDITURES

Subtitle A Electioneering Communications

Sec. 201. Disclosure of electioneering communications.

Sec. 202. Coordinated communications as contributions.

Sec. 203. Prohibition of corporate and labor disbursements for electioneering

communications.

Sec. 204. Rules relating to certain targeted electioneering communications.

Subtitle B Independent and Coordinated Expenditures

Sec. 211. Definition of independent expenditure.

Sec. 212. Reporting requirements for certain independent expenditures.

Sec. 213. Independent versus coordinated expenditures by party.

Sec. 214. Coordination with candidates or political parties.

TITLE III MISCELLANEOUS

Sec. 301. Use of contributed amounts for certain purposes.

Sec. 302. Prohibition of fundraising on Federal property.

Sec. 303. Strengthening foreign money ban.

Sec. 304. Modification of individual contribution limits in response to expendi-

tures from personal funds.

Sec. 305. Television media rates.

Sec. 306. Limitation on availability of lowest unit charge for Federal candidates

attacking opposition.

Sec. 307. Software for filing reports and prompt disclosure of contributions.

Sec. 308. Modification of contribution limits.

Sec. 309. Television media rates for national parties conditioned on adherence

to existing coordinated spending limits.

Sec. 310. Donations to Presidential Inaugural Committee.

Sec. 311. Prohibition on fraudulent solicitation of funds.

Sec. 312. Study and report on clean money clean elections laws.

Sec. 313. Clarity standards for identification of sponsors of election-related ad-

vertising.

Sec. 314. Increase in penalties.

Sec. 315. Statute of limitations.

Sec. 316. Sentencing guidelines.

Sec. 317. Increase in penalties imposed for violations of conduit contribution

ban.

Sec. 318. Restriction on increased contribution limits by taking into account

candidate's available funds.

TITLE IV SEVERABILITY; EFFECTIVE DATE

Sec. 401. Severability.

Sec. 402. Effective date.

Sec. 403. Expedited review.

TITLE V ADDITIONAL DISCLOSURE PROVISIONS

Sec. 501. Internet access to records.

Sec. 502. Maintenance of website of election reports.

Sec. 503. Additional monthly and quarterly disclosure reports.

Sec. 504. Public access to broadcasting records.

TITLE I—REDUCTION OF

SPECIAL INTEREST INFLUENCE

SEC. 101. SOFT MONEY OF POLITICAL PARTIES.

(a) IN GENERAL. Title III of the Federal Election

Campaign Act of 1971 (2 U.S.C. 431 et seq.) is amended

by adding at the end the following:

‘‘SEC. 323. SOFT MONEY OF POLITICAL PARTIES.

``(a) NATIONAL COMMITTEES. 

``(1) IN GENERAL. A national committee of a

political party (including a national congressional

campaign committee of a political party) may not so-

licit, receive, or direct to another person a contribu-

tion, donation, or transfer of funds or any other

thing of value, or spend any funds, that are not sub-

ject to the limitations, prohibitions, and reporting

requirements of this Act.

``(2) APPLICABILITY.  The prohibition estab-

lished by paragraph (1) applies to any such national

committee, any officer or agent of such a national

committee, and any entity that is directly or indi-

rectly established, financed, maintained, or con-

trolled by such a national committee.

``(b) STATE, DISTRICT, AND LOCAL COMMITTEES. 

``(1) IN GENERAL. (A) Except as provided in

paragraph (2), an amount that is expended or dis-

bursed for Federal election activity by a State, dis-

trict, or local committee of a political party (includ-

ing an entity that is directly or indirectly estab-

lished, financed, maintained, or controlled by a

State, district, or local committee of a political party

and an officer or agent acting on behalf of such

committee or entity), or by an entity directly or indi-

rectly established, financed, maintained, or con-

trolled by or acting on behalf of 1 or more can-

didates for State or local office, or individuals hold-

ing State or local office, shall be made from funds

subject to the limitations, prohibitions, and reporting

requirements of this Act.

``(B) Nothing in this subsection shall prevent

the authorized campaign committee of a candidate

for State or local office from raising and spending

funds permitted under applicable State law other

than for a Federal election activity that refers to a

clearly identified candidate for election to Federal

office.

``(2) APPLICABILITY. 

``(A) IN GENERAL. Notwithstanding

clause (i) or (ii) of section 301(20)(A), and sub-

ject to subparagraph (B), paragraph (1) shall

not apply to any amount expended or disbursed

by a State, district, or local committee of a po-

litical party for an activity described in either

such clause to the extent the expenditures or

disbursements for such activity are allocated

under regulations prescribed by the Commission

as expenditures or disbursements that may be

paid from funds not subject to the limitations,

prohibitions, and reporting requirements of this

Act.

``(B) CONDITIONS. Subparagraph (A)

shall only apply if 

``(i) the activity does not refer to a

clearly identified candidate for Federal of-

fice; and

``(ii) the expenditures or disburse-

ments described in subparagraph (A) are

paid directly or indirectly from amounts

donated in accordance with State law, ex-

cept that no person (and any person estab-

lished, financed, maintained, or controlled

by such person) may donate more than

$10,000 to a State, district or local com-

mittee of a political party in a calendar

year to be used for the expenditures or dis-

bursements described in subparagraph (A).

``(c) FUNDRAISING COSTS. An amount spent by a

person described in subsection (a) or (b) to raise funds

that are used, in whole or in part, to pay the costs of

a Federal election activity shall be made from funds sub-

ject to the limitations, prohibitions, and reporting require-

ments of this Act.

``(d) TAX-EXEMPT ORGANIZATIONS. A national,

State, district, or local committee of a political party (in-

cluding a national congressional campaign committee of

a political party), an entity that is directly or indirectly

established, financed, maintained, or controlled by any

such national, State, district, or local committee or its

agent, and an officer or agent acting on behalf of any such

party committee or entity, shall not solicit any funds for,

or make or direct any donations to 

``(1) an organization that is described in section

501(c) of the Internal Revenue Code of 1986 and

exempt from taxation under section 501(a) of such

Code (or has submitted an application for deter-

mination of tax exempt status under such section);

or

``(2) an organization described in section 527 of

such Code (other than a political committee).

``(e) CANDIDATES. 

``(1) IN GENERAL. A candidate, individual

holding Federal office, agent of a candidate or an in-

dividual holding Federal office, or an entity directly

or indirectly established, financed, maintained or

controlled by or acting on behalf of 1 or more can-

didates or individuals holding Federal office, shall

not 

``(A) solicit, receive, direct, transfer, or

spend funds in connection with an election for

Federal office, including funds for any Federal

election activity, unless the funds are subject to

the limitations, prohibitions, and reporting re-

quirements of this Act; or

``(B) solicit, receive, direct, transfer, or

spend funds in connection with any election

other than an election for Federal office or dis-

burse funds in connection with such an election

unless the funds 

``(i) are not in excess of the amounts

permitted with respect to contributions to

candidates and political committees under

paragraphs (1) and (2) of section 315(a);

and

``(ii) are not from sources prohibited

by this Act from making contributions in

connection with an election for Federal of-

fice.

``(2) STATE LAW. Paragraph (1) does not

apply to the solicitation, receipt, or spending of

funds by an individual who is a candidate for a

State or local office in connection with such election

for State or local office if the solicitation, receipt, or

spending of funds is permitted under State law for

any activity other than for a Federal election activity

that refers to a clearly identified candidate for elec-

tion to Federal office.

``(3) FUNDRAISING EVENTS. Notwithstanding

paragraph (1), a candidate or an individual holding

Federal office may attend, speak, or be a featured

guest at a fundraising event for a State, district, or

local committee of a political party.''.

(b) DEFINITIONS. Section 301 of the Federal Elec-

tion Campaign Act of 1971 (2 U.S.C. 431) is amended

by adding at the end thereof the following:

``(20) FEDERAL ELECTION ACTIVITY. 

``(A) IN GENERAL. The term `Federal

election activity' means 

``(i) voter registration activity during

the period that begins on the date that is

120 days before the date a regularly sched-

uled Federal election is held and ends on

the date of the election;

``(ii) voter identification, get-out-the-

vote activity, or generic campaign activity

conducted in connection with an election in

which a candidate for Federal office ap-

pears on the ballot (regardless of whether

a candidate for State or local office also

appears on the ballot);

``(iii) a public communication that re-

fers to a clearly identified candidate for

Federal office (regardless of whether a

candidate for State or local office is also

mentioned or identified) and that promotes

or supports a candidate for that office, or

attacks or opposes a candidate for that of-

fice (regardless of whether the communica-

tion expressly advocates a vote for or

against a candidate); or

``(iv) services provided during any

month by an employee of a State, district,

or local committee of a political party who

spends more than 25 percent of that indi-

vidual's compensated time during that

month on activities in connection with a

Federal election.

``(B) ALTERNATE DEFINITION IF SUB-

PARAGRAPH (A)(iii) HELD UNCONSTITU-

TIONAL. If clause (iii) of subparagraph (A) is

held to be unconstitutional in a final decision by

a court of competent jurisdiction, then in lieu of

the provisions of that clause, subparagraph (A)

shall be applied as if it contained a clause (iii)

that read `a broadcast, cable, or satellite com-

munication that 

`` `(i) promotes or supports a can-

didate for Federal office, or attacks or op-

poses a candidate for Federal office, with-

out regard to whether the communication

advocates a vote for or against a can-

didate; and

`` `(ii) is suggestive of no plausible

meaning other than an exhortation to vote

for or against a specific candidate.'.

``(C) EXCLUDED ACTIVITY. The term

`Federal election activity' does not include an

amount expended or disbursed by a State, dis-

trict, or local committee of a political party

for 

``(i) a public communication that re-

fers solely to a clearly identified candidate

for State or local office, if the communica-

tion is not a Federal election activity de-

scribed in subparagraph (A)(i) or (ii);

``(ii) a contribution to a candidate for

State or local office, provided the contribu-

tion is not designated or used to pay for a

Federal election activity described in sub-

paragraph (A);

``(iii) the costs of a State, district, or

local political convention;

``(iv) the costs of grassroots campaign

materials, including buttons, bumper stick-

ers, and yard signs, that name or depict

only a candidate for State or local office;

and

``(v) the cost of constructing or pur-

chasing an office facility or equipment for

a State, district, or local committee.

``(21) GENERIC CAMPAIGN ACTIVITY. The

term `generic campaign activity' means an activity

that promotes a political party and does not promote

a candidate or non-Federal candidate.

``(22) PUBLIC COMMUNICATION. The term

`public communication' means a communication by

means of any broadcast, cable, or satellite commu-

nication, newspaper, magazine, outdoor advertising

facility, mass mailing, or telephone bank to the gen-

eral public, or any other form of general public polit-

ical advertising.

``(23) MASS MAILING. The term `mass mail-

ing' means a mailing of more than 500 pieces of

mail matter of an identical or substantially similar

nature within any 30-day period.

``(24) TELEPHONE BANK. The term `telephone

bank' means more than 500 telephone calls of an

identical or substantially similar nature within any

30-day period.''.

SEC. 102. INCREASED CONTRIBUTION LIMITS FOR STATE

COMMITTEES OF POLITICAL PARTIES AND

AGGREGATE CONTRIBUTION LIMIT FOR INDI-

VIDUALS.

(a) CONTRIBUTION LIMIT FOR STATE COMMITTEES

OF POLITICAL PARTIES. Section 315(a)(1) of the Fed-

eral Election Campaign Act of 1971 (2 U.S.C. 441a(a)(1))

is amended 

(1) in subparagraph (B), by striking ``or'' at

the end;

(2) in subparagraph (C) 

(A) by inserting ``(other than a committee

described in subparagraph (D))'' after ``com-

mittee''; and

(B) by striking the period at the end and

inserting ``; or''; and

(3) by adding at the end the following:

``(D) to a political committee established and

maintained by a State committee of a political party

in any calendar year which, in the aggregate, exceed

$10,000.''.

(b) AGGREGATE CONTRIBUTION LIMIT FOR INDI-

VIDUAL. Section 315(a)(3) of the Federal Election Cam-

paign Act of 1971 (2 U.S.C. 441a(a)(3)) is amended by

striking ``$25,000'' and inserting ``$30,000''.

SEC. 103. REPORTING REQUIREMENTS.

(a) REPORTING REQUIREMENTS. Section 304 of the

Federal Election Campaign Act of 1971 (2 U.S.C. 434)

is amended by adding at the end the following:

``(e) POLITICAL COMMITTEES. 

``(1) NATIONAL AND CONGRESSIONAL POLIT-

ICAL COMMITTEES. The national committee of a

political party, any national congressional campaign

committee of a political party, and any subordinate

committee of either, shall report all receipts and dis-

bursements during the reporting period.

``(2) OTHER POLITICAL COMMITTEES TO WHICH

SECTION 323 APPLIES. In addition to any other re-

porting requirements applicable under this Act, a

political committee (not described in paragraph (1))

to which section 323(b)(1)(A) applies shall report all

receipts and disbursements made for activities de-

scribed in section 301(20)(A), other than activities

described in section 323(b)(1)(B).

``(3) ITEMIZATION. If a political committee

has receipts or disbursements to which this sub-

section applies from any person aggregating in ex-

cess of $200 for any calendar year, the political

committee shall separately itemize its reporting for

such person in the same manner as required in para-

graphs (3)(A), (5), and (6) of subsection (b).

``(4) REPORTING PERIODS. Reports required

to be filed under this subsection shall be filed for the

same time periods required for political committees

under subsection (a)(4)(B).''.

 (b) BUILDING FUND EXCEPTION TO THE DEFINI-

TION OF CONTRIBUTION. Section 301(8)(B) of the Fed-

eral Election Campaign Act of 1971 (2 U.S.C. 431(8)(B))

is amended 

(1) by striking clause (viii); and

(2) by redesignating clauses (ix) through (xv)

as clauses (viii) through (xiv), respectively.

TITLE II—NONCANDIDATE

CAMPAIGN EXPENDITURES

Subtitle A—Electioneering

Communications

SEC. 201. DISCLOSURE OF ELECTIONEERING COMMUNICA-

TIONS.

Section 304 of the Federal Election Campaign Act

of 1971 (2 U.S.C. 434), as amended by section 103, is

amended by adding at the end the following new sub-

section:

``(f) ADDITIONAL STATEMENTS ON ELECTIONEERING

COMMUNICATIONS. 

``(1) STATEMENT REQUIRED. Every person

who makes a disbursement for electioneering com-

munications in an aggregate amount in excess of

$10,000 during any calendar year shall, within 24

hours of each disclosure date, file with the Commis-

sion a statement containing the information de-

scribed in paragraph (2).

``(2) CONTENTS OF STATEMENT. Each state-

ment required to be filed under this subsection shall

be made under penalty of perjury and shall contain

the following information:

``(A) The identification of the person mak-

ing the disbursement, of any entity sharing or

exercising direction or control over the activities

of such person, and of the custodian of the

books and accounts of the person making the

disbursement.

``(B) The principal place of business of the

person making the disbursement, if not an indi-

vidual.

``(C) The amount of each disbursement of

more than $200 during the period covered by

the statement and the identification of the per-

son to whom the disbursement was made.

``(D) The elections to which the election-

eering communications pertain and the names

(if known) of the candidates identified or to be

identified.

``(E) If the disbursements were paid out of

a segregated bank account which consists of

funds contributed solely by individuals directly

to this account for electioneering communica-

tions, the names and addresses of all contribu-

tors who contributed an aggregate amount of

$1,000 or more to that account during the pe-

riod beginning on the first day of the preceding

calendar year and ending on the disclosure

date. Nothing in this subparagraph is to be

construed as a prohibition on the use of funds

in such a segregated account for a purpose

other than electioneering communications.

``(F) If the disbursements were paid out of

funds not described in subparagraph (E), the

names and addresses of all contributors who

contributed an aggregate amount of $1,000 or

more to the organization during the period be-

ginning on the first day of the preceding cal-

endar year and ending on the disclosure date.

``(3) ELECTIONEERING COMMUNICATION. For

purposes of this subsection 

``(A)(i) IN GENERAL. The term `election-

eering communication' means any broadcast,

cable, or satellite communication which 

``(I) refers to a clearly identified can-

didate for Federal office;

``(II) is made within 

``(aa) 60 days before a general,

special, or runoff election for such

Federal office; or

``(bb) 30 days before a primary

or preference election, or a convention

or caucus of a political party that has

authority to nominate a candidate, for

such Federal office; and

``(III) is made to an audience that in-

cludes members of the electorate for such

election, convention, or caucus; and

``(ii) if clause (i) of paragraph (3)(A) is

held to be constitutionally insufficient by final

judicial decision to support the regulation pro-

vided herein, then the term `electioneering com-

munication' means any broadcast, cable, or sat-

ellite communication which promotes or sup-

ports a candidate for that office, or attacks or

opposes a candidate for that office (regardless

of whether the communication expressly advo-

cates a vote for or against a candidate) and

which also is suggestive of no plausible meaning

other than an exhortation to vote for or against

a specific candidate. Nothing in this subsection

shall be construed to affect the interpretation or

application of section 100.22(b) of title 11,

Code of Federal Regulations.

``(B) EXCEPTIONS. The term `election-

eering communication' does not include 

``(i) a communication appearing in a

news story, commentary, or editorial dis-

tributed through the facilities of any

broadcasting station, unless such facilities

are owned or controlled by any political

party, political committee, or candidate; or

``(ii) a communication which con-

stitutes an expenditure or an independent

expenditure under this Act.

``(4) DISCLOSURE DATE. For purposes of this

subsection, the term `disclosure date' means 

``(A) the first date during any calendar

year by which a person has made disbursements

for electioneering communications aggregating

in excess of $10,000; and

``(B) any other date during such calendar

year by which a person has made disbursements

for electioneering communications aggregating

in excess of $10,000 since the most recent dis-

closure date for such calendar year.

``(5) CONTRACTS TO DISBURSE. For purposes

of this subsection, a person shall be treated as hav-

ing made a disbursement if the person has executed

a contract to make the disbursement.

``(6) COORDINATION WITH OTHER REQUIRE-

MENTS. Any requirement to report under this sub-

section shall be in addition to any other reporting

requirement under this Act.''.

SEC. 202. COORDINATED COMMUNICATIONS AS CONTRIBU-

TIONS.

Section 315(a)(7) of the Federal Election Campaign

Act of 1971 (2 U.S.C. 441a(a)(7)) is amended  

(1) by redesignating subparagraph (C) as sub-

paragraph (D); and

(2) by inserting after subparagraph (B) the fol-

lowing:

``(C) if 

``(i) any person makes, or contracts to

make, any disbursement for any election-

eering communication (within the meaning

of section 304(f)(3)); and

``(ii) such disbursement is coordinated

with a candidate or an authorized com-

mittee of such candidate, a Federal, State,

or local political party or committee there-

of, or an agent or official of any such can-

didate, party, or committee;

such disbursement or contracting shall be treat-

ed as a contribution to the candidate supported

by the electioneering communication or that

candidate's party and as an expenditure by that

candidate or that candidate's party; and''.

SEC. 203. PROHIBITION OF CORPORATE AND LABOR DIS-

BURSEMENTS FOR ELECTIONEERING COM-

MUNICATIONS.

(a) IN GENERAL. Section 316(b)(2) of the Federal

Election Campaign Act of 1971 (2 U.S.C. 441b(b)(2)) is

amended by inserting ``or for any applicable electioneering

communication'' before ``, but shall not include''.

(b) APPLICABLE ELECTIONEERING COMMUNICA-

TION. Section 316 of such Act is amended by adding at

the end the following:

``(c) RULES RELATING TO ELECTIONEERING COM-

MUNICATIONS. 

``(1) APPLICABLE ELECTIONEERING COMMU-

NICATION. For purposes of this section, the term

`applicable electioneering communication' means an

electioneering communication (within the meaning of

section 304(f)(3)) which is made by any entity de-

scribed in subsection (a) of this section or by any

other person using funds donated by an entity de-

scribed in subsection (a) of this section.

``(2) EXCEPTION. Notwithstanding paragraph

(1), the term `applicable electioneering communica-

tion' does not include a communication by an orga-

nization described in section 501(c)(4) of the Inter-

nal Revenue Code of 1986 or a political organization

(as defined in section 527(e)(1) of such Code) made

under section 304(f)(2) (E) or (F) of this Act if the

communication is paid for exclusively by funds pro-

vided directly by individuals who are United States

citizens or lawfully admitted for permanent residence

as defined in section 1101(a)(2) of the Immigration

and Nationality Act (8 U.S.C. 1101(a)(2)). For pur-

poses of the preceding sentence, the term `provided

directly by individuals' does not include funds the

source of which is an entity described in subsection

(a) of this section.

``(3) SPECIAL OPERATING RULES. For pur-

poses of paragraph (1), the following rules shall

apply:

``(A) An electioneering communication

shall be treated as made by an entity described

in subsection (a) if 

``(i) an entity described in subsection

(a) directly or indirectly disburses any

amount for any of the costs of the commu-

nication; or

``(ii) any amount is disbursed for the

communication by a corporation or labor

organization or a State or local political

party or committee thereof that receives

anything of value from an entity described

in subsection (a), except that this clause

shall not apply to any communication the

costs of which are defrayed entirely out of

a segregated account to which only individ-

uals can contribute, as described in section

304(f)(2)(E).

``(B) A section 501(c)(4) organization that

derives amounts from business activities or re-

ceives funds from any entity described in sub-

section (a) shall be considered to have paid for

any communication out of such amounts unless

such organization paid for the communication

out of a segregated account to which only indi-

viduals can contribute, as described in section

304(f)(2)(E).

``(4) DEFINITIONS AND RULES. For purposes

of this subsection 

``(A) the term `section 501(c)(4) organiza-

tion' means 

``(i) an organization described in sec-

tion 501(c)(4) of the Internal Revenue

Code of 1986 and exempt from taxation

under section 501(a) of such Code; or

``(ii) an organization which has sub-

mitted an application to the Internal Rev-

enue Service for determination of its status

as an organization described in clause (i);

and

``(B) a person shall be treated as having

made a disbursement if the person has executed

a contract to make the disbursement.

``(5) COORDINATION WITH INTERNAL REVENUE

CODE. Nothing in this subsection shall be con-

strued to authorize an organization exempt from

taxation under section 501(a) of the Internal Rev-

enue Code of 1986 to carry out any activity which

is prohibited under such Code.''.

SEC. 204. RULES RELATING TO CERTAIN TARGETED ELEC-

TIONEERING COMMUNICATIONS.

Section 316(c) of the Federal Election Campaign Act

of 1971 (2 U.S.C. 441b), as added by section 203, is

amended by adding at the end the following:

``(6) SPECIAL RULES FOR TARGETED COMMU-

NICATIONS. 

``(A) EXCEPTION DOES NOT APPLY. 

Paragraph (2) shall not apply in the case of a

targeted communication that is made by an or-

ganization described in such paragraph.

``(B) TARGETED COMMUNICATION. For

purposes of subparagraph (A), the term `tar-

geted communication' means an electioneering

communication (as defined in section 304(f)(3))

that is distributed from a television or radio

broadcast station or provider of cable or sat-

ellite television service whose audience consists

primarily of residents of the State for which the

clearly identified candidate is seeking office.''.

Subtitle B—Independent and

Coordinated Expenditures

SEC. 211. DEFINITION OF INDEPENDENT EXPENDITURE.

Section 301 of the Federal Election Campaign Act

(2 U.S.C. 431) is amended by striking paragraph (17) and

inserting the following:

``(17) INDEPENDENT EXPENDITURE. The

term `independent expenditure' means an expendi-

ture by a person 

``(A) expressly advocating the election or

defeat of a clearly identified candidate; and

``(B) that is not a coordinated activity with

such candidate or such candidate's agent or a

person who has engaged in coordinated activity

with such candidate or such candidate's

agent.''.

SEC. 212. REPORTING REQUIREMENTS FOR CERTAIN INDE-

PENDENT EXPENDITURES.

Section 304 of the Federal Election Campaign Act

of 1971 (2 U.S.C. 434) (as amended by section 201) is

amended 

(1) in subsection (c)(2), by striking the undes-

ignated matter after subparagraph (C); and

(2) by adding at the end the following:

``(g) TIME FOR REPORTING CERTAIN EXPENDI-

TURES. 

``(1) EXPENDITURES AGGREGATING $1,000. 

``(A) INITIAL REPORT. A person (includ-

ing a political committee) that makes or con-

tracts to make independent expenditures aggre-

gating $1,000 or more after the 20th day, but

more than 24 hours, before the date of an elec-

tion shall file a report describing the expendi-

tures within 24 hours.

``(B) ADDITIONAL REPORTS. After a per-

son files a report under subparagraph (A), the

person shall file an additional report within 24

hours after each time the person makes or con-

tracts to make independent expenditures aggre-

gating an additional $1,000 with respect to the

same election as that to which the initial report

relates.

``(2) EXPENDITURES AGGREGATING $10,000. 

``(A) INITIAL REPORT. A person (includ-

ing a political committee) that makes or con-

tracts to make independent expenditures aggre-

gating $10,000 or more at any time up to and

including the 20th day before the date of an

election shall file a report describing the ex-

penditures within 48 hours.

``(B) ADDITIONAL REPORTS. After a per-

son files a report under subparagraph (A), the

person shall file an additional report within 48

hours after each time the person makes or con-

tracts to make independent expenditures aggre-

gating an additional $10,000 with respect to

the same election as that to which the initial re-

port relates.

``(3) PLACE OF FILING; CONTENTS. A report

under this subsection 

``(A) shall be filed with the Commission;

and

``(B) shall contain the information required

by subsection (b)(6)(B)(iii), including the name

of each candidate whom an expenditure is in-

tended to support or oppose.''.

SEC. 213. INDEPENDENT VERSUS COORDINATED EXPENDI-

TURES BY PARTY.

Section 315(d) of the Federal Election Campaign Act

(2 U.S.C. 441a(d)) is amended 

(1) in paragraph (1), by striking ``and (3)'' and

inserting ``, (3), and (4)''; and

(2) by adding at the end the following:

``(4) INDEPENDENT VERSUS COORDINATED EX-

PENDITURES BY PARTY. 

``(A) IN GENERAL. On or after the date

on which a political party nominates a can-

didate, a committee of the political party shall

not make both expenditures under this sub-

section and independent expenditures (as de-

fined in section 301(17)) with respect to the

candidate during the election cycle.

``(B) CERTIFICATION. Before making a

coordinated expenditure under this subsection

with respect to a candidate, a committee of a

political party shall file with the Commission a

certification, signed by the treasurer of the

committee, that the committee, on or after the

date described in subparagraph (A), has not

and shall not make any independent expendi-

ture with respect to the candidate during the

same election cycle.

``(C) APPLICATION. For purposes of this

paragraph, all political committees established

and maintained by a national political party

(including all congressional campaign commit-

tees) and all political committees established

and maintained by a State political party (in-

cluding any subordinate committee of a State

committee) shall be considered to be a single

political committee.

``(D) TRANSFERS. A committee of a po-

litical party that submits a certification under

subparagraph (B) with respect to a candidate

shall not, during an election cycle, transfer any

funds to, assign authority to make coordinated

expenditures under this subsection to, or receive

a transfer of funds from, a committee of the po-

litical party that has made or intends to make

an independent expenditure with respect to the

candidate.''.

SEC. 214. COORDINATION WITH CANDIDATES OR POLIT-

ICAL PARTIES.

(a) IN GENERAL. 

(1) COORDINATED EXPENDITURE OR DIS-

BURSEMENT TREATED AS CONTRIBUTION. Section

301(8) of the Federal Election Campaign Act of

1971 (2 U.S.C. 431(8)) is amended 

(A) by striking ``or'' at the end of subpara-

graph (A)(i);

(B) by striking ``purpose.'' in subpara-

graph (A)(ii) and inserting ``purpose;'';

(C) by adding at the end of subparagraph

(A) the following:

``(iii) any coordinated expenditure or

other disbursement made by any person in

connection with a candidate's election, re-

gardless of whether the expenditure or dis-

bursement is for a communication that

contains express advocacy; or

``(iv) any expenditure or other dis-

bursement made in coordination with a na-

tional committee, State committee, or

other political committee of a political

party by a person (other than a candidate

or a candidate's authorized committee) in

connection with an election, regardless of

whether the expenditure or disbursement is

for a communication that contains express

advocacy.''.

(2) CONFORMING AMENDMENT. Section

315(a)(7) of the Federal Election Campaign Act of

1971 (2 U.S.C. 441a(a)(7)) is amended by striking

subparagraph (B) and inserting the following:

``(B) a coordinated expenditure or dis-

bursement described in 

``(i) section 301(8)(C) shall be consid-

ered to be a contribution to the candidate

or an expenditure by the candidate, respec-

tively; and

``(ii) section 301(8)(D) shall be con-

sidered to be a contribution to, or an ex-

penditure by, the political party committee,

respectively; and''.

 (b) DEFINITION OF COORDINATION. Section 301(8)

of the Federal Election Campaign Act of 1971 (2 U.S.C.

431(8)), as amended by subsection (a), is amended by

adding at the end the following:

``(C) For purposes of subparagraph

(A)(iii), the term `coordinated expenditure or

other disbursement' means a payment made in

concert or cooperation with, at the request or

suggestion of, or pursuant to any general or

particular understanding with, such candidate,

the candidate's authorized political committee,

or their agents, or a political party committee

or its agents.''.

(c) REGULATIONS BY THE FEDERAL ELECTION COM-

MISSION. (1) Within 90 days of the effective date of this

Act, the Federal Election Commission shall promulgate

new regulations to enforce the statutory standard set by

this provision. The regulation shall not require collabora-

tion or agreement to establish coordination. In addition

to any subject determined by the Commission, the regula-

tions shall address 

(A) payments for the republication of campaign

materials;

(B) payments for the use of a common vendor;

 (C) payments for communications directed or

made by persons who previously served as an em-

ployee of a candidate or a political party;

(D) payments for communications made by a

person after substantial discussion about the com-

munication with a candidate or a political party; and

(E) the impact of coordinating internal commu-

nications by any person to its restricted class has on

any subsequent ``Federal election activity'' as de-

fined in section 301 of the Federal Election Cam-

paign Act of 1971.

(2) The regulations on coordination adopted by the

Federal Election Commission and published in the Federal

Register at page 76138 of volume 65, Federal Register,

on December 6, 2000, are repealed as of 90 days after

the effective date of this Act.

(d) MEANING OF CONTRIBUTION OR EXPENDITURE

FOR THE PURPOSES OF SECTION 316. Section 316(b)(2)

of the Federal Election Campaign Act of 1971 (2 U.S.C.

441b(b)(2)) is amended by striking ``shall include'' and

inserting ``includes a contribution or expenditure, as those

terms are defined in section 301, and also includes''.

TITLE III—MISCELLANEOUS

SEC. 301. USE OF CONTRIBUTED AMOUNTS FOR CERTAIN

PURPOSES.

Title III of the Federal Election Campaign Act of

1971 (2 U.S.C. 431 et seq.) is amended by striking section

313 and inserting the following:

‘‘SEC. 313. USE OF CONTRIBUTED AMOUNTS FOR CERTAIN

PURPOSES.

``(a) PERMITTED USES. A contribution accepted by

a candidate, and any other donation received by an indi-

vidual as support for activities of the individual as a holder

of Federal office, may be used by the candidate or

individual 

``(1) for otherwise authorized expenditures in

connection with the campaign for Federal office of

the candidate or individual;

``(2) for ordinary and necessary expenses in-

curred in connection with duties of the individual as

a holder of Federal office;

``(3) for contributions to an organization de-

scribed in section 170(c) of the Internal Revenue

Code of 1986; or

``(4) for transfers to a national, State, or local

committee of a political party.

``(b) PROHIBITED USE. 

``(1) IN GENERAL. A contribution or donation

described in subsection (a) shall not be converted by

any person to personal use.

``(2) CONVERSION. For the purposes of para-

graph (1), a contribution or donation shall be con-

sidered to be converted to personal use if the con-

tribution or amount is used to fulfill any commit-

ment, obligation, or expense of a person that would

exist irrespective of the candidate's election cam-

paign or individual's duties as a holder of Federal

office, including 

``(A) a home mortgage, rent, or utility pay-

ment;

``(B) a clothing purchase;

``(C) a noncampaign-related automobile ex-

pense;

``(D) a country club membership;

``(E) a vacation or other noncampaign-re-

lated trip;

``(F) a household food item;

``(G) a tuition payment;

``(H) admission to a sporting event, con-

cert, theater, or other form of entertainment

not associated with an election campaign; and

``(I) dues, fees, and other payments to a

health club or recreational facility.''.

SEC. 302. PROHIBITION OF FUNDRAISING ON FEDERAL

PROPERTY.

Section 607 of title 18, United States Code, is

amended 

(1) by striking subsection (a) and inserting the

following:

``(a) PROHIBITION. 

``(1) IN GENERAL. It shall be unlawful for any

person to solicit or receive a donation of money or

other thing of value in connection with a Federal,

State, or local election from a person who is located

in a room or building occupied in the discharge of

official duties by an officer or employee of the

United States. It shall be unlawful for an individual

who is an officer or employee of the Federal Govern-

ment, including the President, Vice President, and

Members of Congress, to solicit or receive a donation

of money or other thing of value in connection with

a Federal, State, or local election, while in any room

or building occupied in the discharge of official du-

ties by an officer or employee of the United States,

from any person.

``(2) PENALTY. A person who violates this sec-

tion shall be fined not more than $5,000, imprisoned

more than 3 years, or both.''; and

(2) in subsection (b), by inserting ``or Executive

Office of the President'' after ``Congress'' .

SEC. 303. STRENGTHENING FOREIGN MONEY BAN.

Section 319 of the Federal Election Campaign Act

of 1971 (2 U.S.C. 441e) is amended 

(1) by striking the heading and inserting the

following: ``CONTRIBUTIONS AND DONATIONS BY

FOREIGN NATIONALS''; and

(2) by striking subsection (a) and inserting the

following:

``(a) PROHIBITION. It shall be unlawful for 

``(1) a foreign national, directly or indirectly, to

make 

``(A) a contribution or donation of money

or other thing of value, or to make an express

or implied promise to make a contribution or

donation, in connection with a Federal, State,

or local election; or

``(B) a contribution or donation to a com-

mittee of a political party; or

``(2) for a person to solicit, accept, or receive

such contribution or donation from a foreign na-

tional.''.

SEC. 304. MODIFICATION OF INDIVIDUAL CONTRIBUTION

LIMITS IN RESPONSE TO EXPENDITURES

FROM PERSONAL FUNDS.

(a) INCREASED LIMITS FOR INDIVIDUALS. 

(1) IN GENERAL. Section 315 of the Federal

Election Campaign Act of 1971 (2 U.S.C. 441a) is

amended 

(A) in subsection (a)(1), by striking ``No

person'' and inserting ``Except as provided in

subsection (i), no person''; and

(B) by adding at the end the following:

``(i) INCREASED LIMIT TO ALLOW RESPONSE TO EX-

PENDITURES FROM PERSONAL FUNDS. 

``(1) INCREASE. 

``(A) IN GENERAL. Subject to paragraph

(2), if the opposition personal funds amount

with respect to a candidate for election to the

office of Senator exceeds the threshold amount,

the limit under subsection (a)(1)(A) (in this

subsection referred to as the `applicable limit')

with respect to that candidate shall be the in-

creased limit.

``(B) THRESHOLD AMOUNT. 

``(i) STATE-BY-STATE COMPETITIVE

AND FAIR CAMPAIGN FORMULA. In this

subsection, the threshold amount with re-

spect to an election cycle of a candidate de-

scribed in subparagraph (A) is an amount

equal to the sum of 

``(I) $150,000; and

``(II) $0.04 multiplied by the vot-

ing age population.

``(ii) VOTING AGE POPULATION. In

this subparagraph, the term `voting age

population' means in the case of a can-

didate for the office of Senator, the voting

age population of the State of the can-

didate (as certified under section 315(e)).

``(C) INCREASED LIMIT. Except as pro-

vided in clause (ii), for purposes of subpara-

graph (A), if the opposition personal funds

amount is over 

``(i) 2 times the threshold amount, but

not over 4 times that amount 

``(I) the increased limit shall be 3

times the applicable limit; and

``(II) the limit under subsection

(a)(3) shall not apply with respect to

any contribution made with respect to

a candidate if such contribution is

made under the increased limit of

subparagraph (A) during a period in

which the candidate may accept such

a contribution;

``(ii) 4 times the threshold amount,

but not over 10 times that amount 

``(I) the increased limit shall be 6

times the applicable limit; and

``(II) the limit under subsection

(a)(3) shall not apply with respect to

any contribution made with respect to

a candidate if such contribution is

made under the increased limit of

subparagraph (A) during a period in

which the candidate may accept such

a contribution; and

``(iii) 10 times the threshold

amount 

``(I) the increased limit shall be 6

times the applicable limit;

``(II) the limit under subsection

(a)(3) shall not apply with respect to

any contribution made with respect to

a candidate if such contribution is

made under the increased limit of

subparagraph (A) during a period in

which the candidate may accept such

a contribution; and

``(III) the limits under subsection

(d) with respect to any expenditure by

a State or national committee of a po-

litical party shall not apply.

``(D) OPPOSITION PERSONAL FUNDS

AMOUNT. The opposition personal funds

amount is an amount equal to the excess (if

any) of 

``(i) the greatest aggregate amount of

expenditures from personal funds (as de-

fined in section 304(a)(6)(B)) that an op-

posing candidate in the same election

makes; over

``(ii) the aggregate amount of expendi-

tures from personal funds made by the

candidate with respect to the election.

``(2) TIME TO ACCEPT CONTRIBUTIONS UNDER

INCREASED LIMIT. 

``(A) IN GENERAL. Subject to subpara-

graph (B), a candidate and the candidate's au-

thorized committee shall not accept any con-

tribution, and a party committee shall not make

any expenditure, under the increased limit

under paragraph (1) 

``(i) until the candidate has received

notification of the opposition personal

funds amount under section 304(a)(6)(B);

and

``(ii) to the extent that such contribu-

tion, when added to the aggregate amount

of contributions previously accepted and

party expenditures previously made under

the increased limits under this subsection

for the election cycle, exceeds 110 percent

of the opposition personal funds amount.

``(B) EFFECT OF WITHDRAWAL OF AN OP-

POSING CANDIDATE. A candidate and a can-

didate's authorized committee shall not accept

any contribution and a party shall not make

any expenditure under the increased limit after

the date on which an opposing candidate ceases

to be a candidate to the extent that the amount

of such increased limit is attributable to such

an opposing candidate.

``(3) DISPOSAL OF EXCESS CONTRIBUTIONS. 

``(A) IN GENERAL. The aggregate

amount of contributions accepted by a can-

didate or a candidate's authorized committee

under the increased limit under paragraph (1)

and not otherwise expended in connection with

the election with respect to which such con-

tributions relate shall, not later than 50 days

after the date of such election, be used in the

manner described in subparagraph (B).

``(B) RETURN TO CONTRIBUTORS. A can-

didate or a candidate's authorized committee

shall return the excess contribution to the per-

son who made the contribution.

``(j) LIMITATION ON REPAYMENT OF PERSONAL

LOANS. Any candidate who incurs personal loans made

after the date of enactment of the Bipartisan Campaign

Reform Act of 2001 in connection with the candidate's

campaign for election shall not repay (directly or indi-

rectly), to the extent such loans exceed $250,000, such

loans from any contributions made to such candidate or

any authorized committee of such candidate after the date

of such election.''.

(b) NOTIFICATION OF EXPENDITURES FROM PER-

SONAL FUNDS. Section 304(a)(6) of the Federal Elec-

tion Campaign Act of 1971 (2 U.S.C. 434(a)(6)) is

amended 

(1) by redesignating subparagraph (B) as sub-

paragraph (E); and

(2) by inserting after subparagraph (A) the fol-

lowing:

``(B) NOTIFICATION OF EXPENDITURE FROM PER-

SONAL FUNDS. 

``(i) DEFINITION OF EXPENDITURE FROM PER-

SONAL FUNDS. In this subparagraph, the term `ex-

penditure from personal funds' means 

``(I) an expenditure made by a candidate

using personal funds; and

``(II) a contribution or loan made by a can-

didate using personal funds or a loan secured

using such funds to the candidate's authorized

committee.

``(ii) DECLARATION OF INTENT. Not later

than the date that is 15 days after the date on

which an individual becomes a candidate for the of-

fice of Senator, the candidate shall file a declaration

stating the total amount of expenditures from per-

sonal funds that the candidate intends to make, or

to obligate to make, with respect to the election will

exceed the State-by-State competitive and fair cam-

paign formula with 

``(I) the Commission; and

``(II) each candidate in the same election.

``(iii) INITIAL NOTIFICATION. Not later than

24 hours after a candidate described in clause (ii)

makes or obligates to make an aggregate amount of

expenditures from personal funds in excess of 2

times the threshold amount in connection with any

election, the candidate shall file a notification with 

``(I) the Commission; and

``(II) each candidate in the same election.

``(iv) ADDITIONAL NOTIFICATION. After a can-

didate files an initial notification under clause (iii),

the candidate shall file an additional notification

each time expenditures from personal funds are

made or obligated to be made in an aggregate

amount that exceed $10,000 amount with 

``(I) the Commission; and

``(II) each candidate in the same election.

Such notification shall be filed not later than 24

hours after the expenditure is made.

``(v) CONTENTS. A notification under clause

(iii) or (iv) shall include 

``(I) the name of the candidate and the of-

fice sought by the candidate;

``(II) the date and amount of each expendi-

ture; and

``(III) the total amount of expenditures

from personal funds that the candidate has

made, or obligated to make, with respect to an

election as of the date of the expenditure that

is the subject of the notification.

``(C) NOTIFICATION OF DISPOSAL OF EXCESS CON-

TRIBUTIONS. In the next regularly scheduled report after

the date of the election for which a candidate seeks nomi-

nation for election to, or election to, Federal office, the

candidate or the candidate's authorized committee shall

submit to the Commission a report indicating the source

and amount of any excess contributions (as determined

under paragraph (1) of section 315(i)) and the manner

in which the candidate or the candidate's authorized com-

mittee used such funds.

``(D) ENFORCEMENT. For provisions providing for

the enforcement of the reporting requirements under this

paragraph, see section 309.''.

 (c) DEFINITIONS. Section 301 of the Federal Elec-

tion Campaign Act of 1971 (2 U.S.C. 431) is amended

by adding at the end the following:

``(20) ELECTION CYCLE. The term `election cycle'

means the period beginning on the day after the date of

the most recent election for the specific office or seat that

a candidate is seeking and ending on the date of the next

election for that office or seat. For purposes of the pre-

ceding sentence, a primary election and a general election

shall be considered to be separate elections.

``(21) PERSONAL FUNDS. The term `personal funds'

means an amount that is derived from 

``(A) any asset that, under applicable State law,

at the time the individual became a candidate, the

candidate had legal right of access to or control

over, and with respect to which the candidate had 

``(i) legal and rightful title; or

``(ii) an equitable interest;

``(B) income received during the current elec-

tion cycle of the candidate, including 

``(i) a salary and other earned income from

bona fide employment;

``(ii) dividends and proceeds from the sale

of the candidate's stocks or other investments;

``(iii) bequests to the candidate;

``(iv) income from trusts established before

the beginning of the election cycle;

``(v) income from trusts established by be-

quest after the beginning of the election cycle of

which the candidate is the beneficiary;

``(vi) gifts of a personal nature that had

been customarily received by the candidate

prior to the beginning of the election cycle; and

``(vii) proceeds from lotteries and similar

legal games of chance; and

``(C) a portion of assets that are jointly owned

by the candidate and the candidate's spouse equal to

the candidate's share of the asset under the instru-

ment of conveyance or ownership, but if no specific

share is indicated by an instrument of conveyance or

ownership, the value of 1 ¤2 of the property.''.

SEC. 305. TELEVISION MEDIA RATES.

(a) LOWEST UNIT CHARGE. Subsection (b) of sec-

tion 315 of the Communications Act of 1934 (47 U.S.C.

315) is amended 

(1) by striking ``(b) The charges'' and inserting

the following:

``(b) CHARGES. 

``(1) IN GENERAL. Except as provided in para-

graph (2), the charges'';

 (2) by redesignating paragraphs (1) and (2) as

subparagraphs (A) and (B), respectively; and

(3) by adding at the end the following:

``(2) TELEVISION. The charges made for the

use of any television broadcast station, or by a pro-

vider of cable or satellite television service, to any

person who is a legally qualified candidate for any

public office in connection with the campaign of such

candidate for nomination for election, or election, to

such office shall not exceed the lowest charge of the

station (at any time during the 365-day period pre-

ceding the date of the use) for the same amount of

time for the same period.''.

(b) RATE AVAILABLE FOR NATIONAL PARTIES. 

Section 315(b)(2) of such Act (47 U.S.C. 315(b)(2)), as

added by subsection (a)(3), is amended by inserting ``, or

by a national committee of a political party on behalf of

such candidate in connection with such campaign,'' after

``such office''.

(c) PREEMPTION. Section 315 of such Act (47

U.S.C. 315) is amended 

(1) by redesignating subsections (c) and (d) as

subsections (e) and (f), respectively; and

(2) by inserting after subsection (b) the fol-

lowing new subsection:

``(c) PREEMPTION. 

``(1) IN GENERAL. Except as provided in para-

graph (2), a licensee shall not preempt the use of a

television broadcast station, or a provider of cable or

satellite television service, by an eligible candidate or

political committee of a political party who has pur-

chased and paid for such use pursuant to subsection

(b)(2).

``(2) CIRCUMSTANCES BEYOND CONTROL OF LI-

CENSEE. If a program to be broadcast by a tele-

vision broadcast station, or a provider of cable or

satellite television service, is preempted because of

circumstances beyond the control of the station, any

candidate or party advertising spot scheduled to be

broadcast during that program may also be pre-

empted.''.

(d) RANDOM AUDITS. Section 315 of such Act (47

U.S.C. 315), as amended by subsection (c), is amended

by inserting after subsection (c) the following new sub-

section:

``(d) RANDOM AUDITS. 

``(1) IN GENERAL. During the 45-day period

preceding a primary election and the 60-day period

preceding a general election, the Commission shall

conduct random audits of designated market areas

to ensure that each television broadcast station, and

provider of cable or satellite television service, in

those markets is allocating television broadcast ad-

vertising time in accordance with this section and

section 312.

``(2) MARKETS. The random audits conducted

under paragraph (1) shall cover the following mar-

kets:

``(A) At least 6 of the top 50 largest des-

ignated market areas (as defined in section

122(j)(2)(C) of title 17, United States Code).

``(B) At least 3 of the 51±100 largest des-

ignated market areas (as so defined).

``(C) At least 3 of the 101±150 largest

designated market areas (as so defined).

``(D) At least 3 of the 151±210 largest

designated market areas (as so defined).

``(3) BROADCAST STATIONS. Each random

audit shall include each of the 3 largest television

broadcast networks, 1 independent network, and 1

cable network.''.

(e) DEFINITION OF BROADCASTING STATION. Sub-

section (e) of section 315 of such Act (47 U.S.C. 315(e)),

as redesignated by subsection (c)(1) of this section, is

amended by inserting ``, a television broadcast station, and

a provider of cable or satellite television service'' before

the semicolon.

(f) STYLISTIC AMENDMENTS. Section 315 of such

Act (47 U.S.C. 315) is amended 

(1) in subsection (a), by inserting ``IN GEN-

ERAL. '' before ``If any'';

(2) in subsection (e), as redesignated by sub-

section (c)(1) of this section, by inserting ``DEFINI-

TIONS. '' before ``For purposes''; and

(3) in subsection (f), as so redesignated, by in-

serting ``REGULATIONS. '' before ``The Commis-

sion''.

SEC. 306. LIMITATION ON AVAILABILITY OF LOWEST UNIT

CHARGE FOR FEDERAL CANDIDATES AT-

TACKING OPPOSITION.

(a) IN GENERAL. Section 315(b) of the Commu-

nications Act of 1934 (47 U.S.C. 315(b)), as amended by

this Act, is amended by adding at the end the following:

``(3) CONTENT OF BROADCASTS. 

``(A) IN GENERAL. In the case of a can-

didate for Federal office, such candidate shall

not be entitled to receive the rate under para-

graph (1)(A) or (2) for the use of any broad-

casting station unless the candidate provides

written certification to the broadcast station

that the candidate (and any authorized com-

mittee of the candidate) shall not make any di-

rect reference to another candidate for the same

office, in any broadcast using the rights and

conditions of access under this Act, unless such

reference meets the requirements of subpara-

graph (C) or (D).

``(B) LIMITATION ON CHARGES. If a can-

didate for Federal office (or any authorized

committee of such candidate) makes a reference

described in subparagraph (A) in any broadcast

that does not meet the requirements of sub-

paragraph (C) or (D), such candidate shall not

be entitled to receive the rate under paragraph

(1)(A) or (2) for such broadcast or any other

broadcast during any portion of the 45-day and

60-day periods described in paragraph (1)(A),

that occur on or after the date of such broad-

cast, for election to such office.

``(C) TELEVISION BROADCASTS. A can-

didate meets the requirements of this subpara-

graph if, in the case of a television broadcast,

at the end of such broadcast there appears si-

multaneously, for a period no less than 4

seconds 

``(i) a clearly identifiable photographic

or similar image of the candidate; and

``(ii) a clearly readable printed state-

ment, identifying the candidate and stating

that the candidate has approved the broad-

cast and that the candidate's authorized

committee paid for the broadcast.

``(D) RADIO BROADCASTS. A candidate

meets the requirements of this subparagraph if,

in the case of a radio broadcast, the broadcast

includes a personal audio statement by the can-

didate that identifies the candidate, the office

the candidate is seeking, and indicates that the

candidate has approved the broadcast.

``(E) CERTIFICATION. Certifications

under this section shall be provided and cer-

tified as accurate by the candidate (or any au-

thorized committee of the candidate) at the

time of purchase.

``(F) DEFINITIONS. For purposes of this

paragraph, the terms `authorized committee'

and `Federal office' have the meanings given

such terms by section 301 of the Federal Elec-

tion Campaign Act of 1971 (2 U.S.C. 431).''.

 (b) CONFORMING AMENDMENT. Section

315(b)(1)(A) of the Communications Act of 1934 (47

U.S.C. 315(b)(1)(A)), as amended by this Act, is amended

by inserting ``subject to paragraph (3),'' before ``during

the forty-five days''.

(c) EFFECTIVE DATE. The amendments made by

this section shall apply to broadcasts made after the date

of enactment of this Act.

SEC. 307. SOFTWARE FOR FILING REPORTS AND PROMPT

DISCLOSURE OF CONTRIBUTIONS.

Section 304(a) of the Federal Election Campaign Act

of 1971 (2 U.S.C. 434(a)) is amended by adding at the

end the following:

``(12) SOFTWARE FOR FILING OF REPORTS. 

``(A) IN GENERAL. The Commission

shall 

``(i) promulgate standards to be used

by vendors to develop software that 

``(I) permits candidates to easily

record information concerning receipts

and disbursements required to be re-

ported under this Act at the time of

the receipt or disbursement;

``(II) allows the information re-

corded under subclause (I) to be

transmitted immediately to the Com-

mission; and

``(III) allows the Commission to

post the information on the Internet

immediately upon receipt; and

``(ii) make a copy of software that

meets the standards promulgated under

clause (i) available to each person required

to file a designation, statement, or report

in electronic form under this Act.

``(B) ADDITIONAL INFORMATION. To the

extent feasible, the Commission shall require

vendors to include in the software developed

under the standards under subparagraph (A)

the ability for any person to file any designa-

tion, statement, or report required under this

Act in electronic form.

``(C) REQUIRED USE. Notwithstanding

any provision of this Act relating to times for

filing reports, each candidate for Federal office

(or that candidate's authorized committee) shall

use software that meets the standards promul-

gated under this paragraph once such software

is made available to such candidate.

``(D) REQUIRED POSTING. The Commis-

sion shall, as soon as practicable, post on the

Internet any information received under this

paragraph.''.

SEC. 308. MODIFICATION OF CONTRIBUTION LIMITS.

(a) INCREASE IN INDIVIDUAL LIMITS. Section

315(a)(1) of the Federal Election Campaign Act of 1971

(2 U.S.C. 441a(a)(1)) is amended 

(1) in subparagraph (A), by striking ``$1,000''

and inserting ``$2,000''; and

(2) in subparagraph (B), by striking ``$20,000''

and inserting ``$25,000''.

(b) INCREASE IN AGGREGATE INDIVIDUAL LIMIT. 

Section 315(a)(3) of the Federal Election Campaign Act

of 1971 (2 U.S.C. 441a(a)(3)), as amended by section

102(b), is amended by striking ``$30,000'' and inserting

``$37,500''.

(c) INCREASE IN SENATORIAL CAMPAIGN COM-

MITTEE LIMIT. Section 315(h) of the Federal Election

Campaign Act of 1971 (2 U.S.C. 441a(h)) is amended by

striking ``$17,500'' and inserting ``$35,000''.

(d) INDEXING OF CONTRIBUTION LIMITS. Section

315(c) of the Federal Election Campaign Act of 1971 (2

U.S.C. 441a(c)) is amended 

(1) in paragraph (1) 

 (A) by striking the second and third sen-

tences;

(B) by inserting ``(A)'' before ``At the be-

ginning''; and

(C) by adding at the end the following:

``(B) Except as provided in subparagraph (C), in any

calendar year after 2002 

``(i) a limitation established by subsections

(a)(1)(A), (a)(1)(B), (a)(3), (b), (d), or (h) shall be

increased by the percent difference determined under

subparagraph (A);

``(ii) each amount so increased shall remain in

effect for the calendar year; and

``(iii) if any amount after adjustment under

clause (i) is not a multiple of $100, such amount

shall be rounded to the nearest multiple of $100.

``(C) In the case of limitations under subsections

(a)(1)(A), (a)(1)(B), (a)(3), and (h), increases shall only

be made in odd-numbered years and such increases shall

remain in effect for the 2-year period beginning on the

first day following the date of the last general election in

the year preceding the year in which the amount is in-

creased and ending on the date of the next general elec-

tion.''; and

 (2) in paragraph (2)(B), by striking ``means the

calendar year 1974'' and inserting ``means 

``(i) for purposes of subsections (b) and

(d), calendar year 1974; and

``(ii) for purposes of subsections (a)(1)(A),

(a)(1)(B), (a)(3), and (h) calendar year 2001''.

(e) EFFECTIVE DATE. The amendments made by

this section shall apply to contributions made after the

date of enactment of this Act.

SEC. 309. TELEVISION MEDIA RATES FOR NATIONAL PAR-

TIES CONDITIONED ON ADHERENCE TO EX-

ISTING COORDINATED SPENDING LIMITS.

(a) AVAILABILITY OF TELEVISION MEDIA RATES. 

Section 315(b)(2) of the Communications Act of 1934 (47

U.S.C. 315(b)(2)), as amended by this Act, is amended 

(1) by striking ``TELEVISION. The charges''

and inserting ``TELEVISION. 

``(A) IN GENERAL. Except as provided in

subparagraph (B), the charges''; and

(2) by adding at the end the following:

``(B) LIMITATIONS ON AVAILABILITY FOR

NATIONAL COMMITTEES OF POLITICAL PAR-

TIES. 

``(i) RATE CONDITIONED ON VOL-

UNTARY ADHERENCE TO EXPENDITURE

LIMITS. If the limits on expenditures

under section 315(d)(3) of the Federal

Election Campaign Act of 1971 are held to

be invalid by the Supreme Court of the

United States, then no television broadcast

station, or provider of cable or satellite tel-

evision service, shall be required to charge

a national committee of a political party

the lowest charge of the station described

in paragraph (1) after the date of the Su-

preme Court holding unless the national

committee of a political party certifies to

the Federal Election Commission that the

committee, and each State committee of

that political party of each State in which

the advertisement is televised, will adhere

to the expenditure limits, for the calendar

year in which the general election to which

the expenditure relates occurs, that would

apply under such section as in effect on

January 1, 2001.

``(ii) RATE NOT AVAILABLE FOR INDE-

PENDENT EXPENDITURES. If the limits

on expenditures under section 315(d)(3) of

the Federal Election Campaign Act of

1971 are held to be invalid by the Supreme

Court of the United States, then no tele-

vision broadcast station, or provider of

cable or satellite television service, shall be

required to charge a national or State com-

mittee of a political party the lowest

charge of the station described in para-

graph (1) with respect to any independent

expenditure (as defined in section 301 of

the Federal Election Campaign Act of

1971).

``(iii) COORDINATION WITH OTHER

PROVISIONS. Clauses (i) and (ii) shall not

apply if section 315(d) of the Federal Elec-

tion Campaign Act of 1971 (2 U.S.C.

441a(d)) does not apply with respect to an

expenditure by a State or national com-

mittee of a political party by reason of sec-

tion 315(i)(1)(C)(iii)(III) of that Act.

(b) FEDERAL ELECTION COMMISSION RULE-

MAKING. Section 315(d) of the Federal Election Cam-

paign Act of 1971 (2 U.S.C. 441a(d)) is amended by add-

ing at the end the following:

``(4) If the limits on expenditures under para-

graph (3) are held to be invalid by the Supreme

Court of the United States, the Commission shall

prescribe rules to ensure that each national com-

mittee of political party that submits a certification

under section 315(b)(2)(B) of the Communications

Act of 1934, and each State committee of that polit-

ical party described in such section, complies with

such certification.''.

SEC. 310. DONATIONS TO PRESIDENTIAL INAUGURAL COM-

MITTEE.

(a) IN GENERAL. Chapter 5 of title 36, United

States Code, is amended by 

(1) redesignating section 510 as section 511;

and

(2) inserting after section 509 the following:

‘‘§ 510. Disclosure of and prohibition on certain dona-

tions.

``(a) IN GENERAL. A committee shall not be consid-

ered to be the Inaugural Committee for purposes of this

chapter unless the committee agrees to, and meets, the

requirements of subsections (b) and (c).

``(b) DISCLOSURE. 

``(1) IN GENERAL. Not later than the date

that is 90 days after the date of the Presidential in-

augural ceremony, the committee shall file a report

with the Federal Election Commission disclosing any

donation of money or anything of value made to the

committee in an aggregate amount equal to or great-

er than $200.

``(2) CONTENTS OF REPORT. A report filed

under paragraph (1) shall contain 

``(A) the amount of the donation;

``(B) the date the donation is received; and

``(C) the name and address of the person

making the donation.

``(c) LIMITATION. The committee shall not accept

any donation from a foreign national (as defined in section

319(b) of the Federal Election Campaign Act of 1971 (2

U.S.C. 441e(b))).''.

(b) REPORTS MADE AVAILABLE BY FEC. Section

304 of the Federal Election Campaign Act of 1971 (2

U.S.C. 434), as amended by sections 103, 201, and 212

is amended by adding at the end the following:

``(h) REPORTS FROM INAUGURAL COMMITTEES. 

The Federal Election Commission shall make any report

filed by an Inaugural Committee under section 510 of title

36, United States Code, accessible to the public at the of-

fices of the Commission and on the Internet not later than

48 hours after the report is received by the Commission.''.

SEC. 311. PROHIBITION ON FRAUDULENT SOLICITATION OF

FUNDS.

Section 322 of the Federal Election Campaign Act

of 1971 (2 U.S.C. 441h) is amended 

(1) by inserting ``(a) IN GENERAL. '' before

``No person'';

(2) by adding at the end the following:

``(b) FRAUDULENT SOLICITATION OF FUNDS. No

person shall 

``(1) fraudulently misrepresent the person as

speaking, writing, or otherwise acting for or on be-

half of any candidate or political party or employee

or agent thereof for the purpose of soliciting con-

tributions or donations; or

``(2) willfully and knowingly participate in or

conspire to participate in any plan, scheme, or de-

sign to violate paragraph (1).''.

SEC. 312. STUDY AND REPORT ON CLEAN MONEY CLEAN

ELECTIONS LAWS.

(a) CLEAN MONEY CLEAN ELECTIONS DEFINED. 

In this section, the term ``clean money clean elections''

means funds received under State laws that provide in

whole or in part for the public financing of election cam-

paigns.

(b) STUDY. 

 (1) IN GENERAL. The Comptroller General of

the United States shall conduct a study of the clean

money clean elections of Arizona and Maine.

(2) MATTERS STUDIED. 

(A) STATISTICS ON CLEAN MONEY CLEAN

ELECTIONS CANDIDATES. The Comptroller

General of the United States shall determine 

(i) the number of candidates who have

chosen to run for public office with clean

money clean elections including 

(I) the office for which they were

candidates;

(II) whether the candidate was

an incumbent or a challenger; and

(III) whether the candidate was

successful in the candidate's bid for

public office; and

(ii) the number of races in which at

least one candidate ran an election with

clean money clean elections.

(B) EFFECTS OF CLEAN MONEY CLEAN

ELECTIONS. The Comptroller General of the

United States shall describe the effects of pub-

lic financing under the clean money clean elec-

tions laws on the 2000 elections in Arizona and

Maine.

(c) REPORT. Not later than 1 year after the date

of enactment of this Act, the Comptroller General of the

United States shall submit a report to the Congress detail-

ing the results of the study conducted under subsection

(b).

SEC. 313. CLARITY STANDARDS FOR IDENTIFICATION OF

SPONSORS OF ELECTION-RELATED ADVER-

TISING.

Section 318 of the Federal Election Campaign Act

of 1971 (2 U.S.C. 441d) is amended 

(1) in subsection (a) 

(A) in the matter preceding paragraph

(1) 

(i) by striking ``Whenever'' and insert-

ing ``Whenever a political committee makes

a disbursement for the purpose of financ-

ing any communication through any broad-

casting station, newspaper, magazine, out-

door advertising facility, mailing, or any

other type of general public political adver-

tising, or whenever'';

(ii) by striking ``an expenditure'' and

inserting ``a disbursement''; and

 (iii) by striking ``direct''; and

(iv) by inserting ``or makes a dis-

bursement for an electioneering commu-

nication (as defined in section 304(f)(3))''

after ``public political advertising''; and

(B) in paragraph (3), by inserting ``and

permanent street address, telephone number, or

World Wide Web address'' after ``name''; and

(2) by adding at the end the following:

``(c) SPECIFICATION. Any printed communication

described in subsection (a) shall 

``(1) be of sufficient type size to be clearly read-

able by the recipient of the communication;

``(2) be contained in a printed box set apart

from the other contents of the communication; and

``(3) be printed with a reasonable degree of

color contrast between the background and the

printed statement.

``(d) ADDITIONAL REQUIREMENTS. 

``(1) AUDIO STATEMENT. 

``(A) CANDIDATE. Any communication

described in paragraphs (1) or (2) of subsection

(a) which is transmitted through radio or tele-

vision shall include, in addition to the require-

ments of that paragraph, an audio statement by

the candidate that identifies the candidate and

states that the candidate has approved the com-

munication.

``(B) OTHER PERSONS. Any communica-

tion described in paragraph (3) of subsection

(a) which is transmitted through radio or tele-

vision shall include, in addition to the require-

ments of that paragraph, in a clearly spoken

manner, the following statement: `lllll

is responsible for the content of this adver-

tising.' (with the blank to be filled in with the

name of the political committee or other person

paying for the communication and the name of

any connected organization of the payor). If

transmitted through television, the statement

shall also appear in a clearly readable manner

with a reasonable degree of color contrast be-

tween the background and the printed state-

ment, for a period of at least 4 seconds.

``(2) TELEVISION. If a communication de-

scribed in paragraph (1)(A) is transmitted through

television, the communication shall include, in addi-

tion to the audio statement under paragraph (1), a

written statement that 

``(A) appears at the end of the communica-

tion in a clearly readable manner with a reason-

able degree of color contrast between the back-

ground and the printed statement, for a period

of at least 4 seconds; and

``(B) is accompanied by a clearly identifi-

able photographic or similar image of the can-

didate.''.

SEC. 314. INCREASE IN PENALTIES.

(a) IN GENERAL. Subparagraph (A) of section

309(d)(1) of the Federal Election Campaign Act of 1971

(2 U.S.C. 437g(d)(1)(A)) is amended to read as follows:

``(A) Any person who knowingly and willfully com-

mits a violation of any provision of this Act which involves

the making, receiving, or reporting of any contribution,

donation, or expenditure 

``(i) aggregating $25,000 or more during a cal-

endar year shall be fined under title 18, United

States Code, or imprisoned for not more than 5

years, or both; or

``(ii) aggregating $2,000 or more (but less than

$25,000) during a calendar year shall be fined under

such title, or imprisoned for not more than one year,

or both.''.

 (b) EFFECTIVE DATE. The amendment made by

this section shall apply to violations occurring on or after

the date of enactment of this Act.

SEC. 315. STATUTE OF LIMITATIONS.

(a) IN GENERAL. Section 406(a) of the Federal

Election Campaign Act of 1971 (2 U.S.C. 455(a)) is

amended by striking ``3'' and inserting ``5''.

(b) EFFECTIVE DATE. The amendment made by

this section shall apply to violations occurring on or after

the date of enactment of this Act.

SEC. 316. SENTENCING GUIDELINES.

(a) IN GENERAL. The United States Sentencing

Commission shall 

(1) promulgate a guideline, or amend an exist-

ing guideline under section 994 of title 28, United

States Code, in accordance with paragraph (2), for

penalties for violations of the Federal Election Cam-

paign Act of 1971 and related election laws; and

(2) submit to Congress an explanation of any

guidelines promulgated under paragraph (1) and any

legislative or administrative recommendations re-

garding enforcement of the Federal Election Cam-

paign Act of 1971 and related election laws.

 (b) CONSIDERATIONS. The Commission shall pro-

vide guidelines under subsection (a) taking into account

the following considerations:

(1) Ensure that the sentencing guidelines and

policy statements reflect the serious nature of such

violations and the need for aggressive and appro-

priate law enforcement action to prevent such viola-

tions.

(2) Provide a sentencing enhancement for any

person convicted of such violation if such violation

involves 

(A) a contribution, donation, or expendi-

ture from a foreign source;

(B) a large number of illegal transactions;

(C) a large aggregate amount of illegal

contributions, donations, or expenditures;

(D) the receipt or disbursement of govern-

mental funds; and

(E) an intent to achieve a benefit from the

Federal Government.

(3) Provide a sentencing enhancement for any

violation by a person who is a candidate or a high-

ranking campaign official for such candidate.

(4) Assure reasonable consistency with other

relevant directives and guidelines of the Commission.

 (5) Account for aggravating or mitigating cir-

cumstances that might justify exceptions, including

circumstances for which the sentencing guidelines

currently provide sentencing enhancements.

(6) Assure the guidelines adequately meet the

purposes of sentencing under section 3553(a)(2) of

title 18, United States Code.

(c) EFFECTIVE DATE; EMERGENCY AUTHORITY TO

PROMULGATE GUIDELINES. 

(1) EFFECTIVE DATE. Notwithstanding sec-

tion 402, the United States Sentencing Commission

shall promulgate guidelines under this section not

later than the later of 

(A) 90 days after the date of enactment of

this Act; or

(B) 90 days after the date on which at

least a majority of the members of the Commis-

sion are appointed and holding office.

(2) EMERGENCY AUTHORITY TO PROMULGATE

GUIDELINES. The Commission shall promulgate

guidelines under this section in accordance with the

procedures set forth in section 21(a) of the Sen-

tencing Reform Act of 1987, as though the authority

under such Act has not expired.

SEC. 317. INCREASE IN PENALTIES IMPOSED FOR VIOLA-

TIONS OF CONDUIT CONTRIBUTION BAN.

(a) INCREASE IN CIVIL MONEY PENALTY FOR KNOW-

ING AND WILLFUL VIOLATIONS. Section 309(a) of the

Federal Election Campaign Act of 1971 (2 U.S.C.

437g(a)) is amended 

(1) in paragraph (5)(B), by inserting before the

period at the end the following: ``(or, in the case of

a violation of section 320, which is not less than 300

percent of the amount involved in the violation and

is not more than the greater of $50,000 or 1000

percent of the amount involved in the violation)'';

and

(2) in paragraph (6)(C), by inserting before the

period at the end the following: ``(or, in the case of

a violation of section 320, which is not less than 300

percent of the amount involved in the violation and

is not more than the greater of $50,000 or 1000

percent of the amount involved in the violation)''.

(b) INCREASE IN CRIMINAL PENALTY. Section

309(d)(1) of such Act (2 U.S.C. 437g(d)(1)) is amended

by adding at the end the following new subparagraph:

``(D) Any person who knowingly and will-

fully commits a violation of section 320 involv-

ing an amount aggregating more than $10,000

during a calendar year shall be 

``(i) imprisoned for not more than 2

years if the amount is less than $25,000

(and subject to imprisonment under sub-

paragraph (A) if the amount is $25,000 or

more); or

``(ii) fined not less than 300 percent

of the amount involved in the violation and

not more than the greater of 

``(I) $50,000; or

``(II) 1,000 percent of the

amount involved in the violation; or

``(iii) both imprisoned under clause (i)

and fined under clause (ii).''.

(c) EFFECTIVE DATE. The amendments made by

this section shall apply with respect to violations occurring

on or after the date of enactment of this Act.

SEC. 318. RESTRICTION ON INCREASED CONTRIBUTION

LIMITS BY TAKING INTO ACCOUNT CAN-

DIDATE’S AVAILABLE FUNDS.

Section 315(i)(1) of the Federal Election Campaign

Act of 1971 (2 U.S.C. 441a(i)(1)), as added by this Act,

is amended by adding at the end the following:

``(E) SPECIAL RULE FOR CANDIDATE'S

CAMPAIGN FUNDS. 

``(i) IN GENERAL. For purposes of

determining the aggregate amount of ex-

penditures from personal funds under sub-

paragraph (D)(ii), such amount shall in-

clude the gross receipts advantage of the

candidate's authorized committee.

``(ii) GROSS RECEIPTS ADVANTAGE. 

For purposes of clause (i), the term `gross

receipts advantage' means the excess, if

any, of 

``(I) the aggregate amount of 50

percent of gross receipts of a can-

didate's authorized committee during

any election cycle (not including con-

tributions from personal funds of the

candidate) that may be expended in

connection with the election, as deter-

mined on June 30 and December 31

of the year preceding the year in

which a general election is held, over

``(II) the aggregate amount of 50

percent of gross receipts of the oppos-

ing candidate's authorized committee

during any election cycle (not includ-

ing contributions from personal funds

of the candidate) that may be ex-

pended in connection with the elec-

tion, as determined on June 30 and

December 31 of the year preceding

the year in which a general election is

held.

TITLE IV—SEVERABILITY;

EFFECTIVE DATE

SEC. 401. SEVERABILITY.

If any provision of this Act or amendment made by

this Act, or the application of a provision or amendment

to any person or circumstance, is held to be unconstitu-

tional, the remainder of this Act and amendments made

by this Act, and the application of the provisions and

amendment to any person or circumstance, shall not be

affected by the holding.

SEC. 402. EFFECTIVE DATE.

Except as otherwise provided in this Act, this Act and

the amendments made by this Act shall take effect 30

days after the date of its enactment.

SEC. 403. EXPEDITED REVIEW.

(a) EXPEDITED REVIEW. Any individual or organi-

zation that would otherwise have standing to challenge a

provision of, or amendment made by, this Act may bring

an action, in the United States District Court for the Dis-

trict of Columbia, for declaratory judgment and injunctive

relief on the ground that such provision or amendment

violates the Constitution. For purposes of the expedited

review provided by this section the exclusive venue for

such an action shall be the United States District Court

for the District of Columbia.

(b) APPEAL TO SUPREME COURT. Notwithstanding

any other provision of law, any order or judgment of the

United States District Court for the District of Columbia

finally disposing of an action brought under subsection (a)

shall be reviewable by appeal directly to the Supreme

Court of the United States. Any such appeal shall be taken

by a notice of appeal filed within 10 calendar days after

such order or judgment is entered; and the jurisdictional

statement shall be filed within 30 calendar days after such

order or judgment is entered.

(c) EXPEDITED CONSIDERATION. It shall be the

duty of the District Court for the District of Columbia

and the Supreme Court of the United States to advance

on the docket and to expedite to the greatest possible ex-

tent the disposition of any matter brought under sub-

section (a).

TITLE V—ADDITIONAL

DISCLOSURE PROVISIONS

SEC. 501. INTERNET ACCESS TO RECORDS.

Section 304(a)(11)(B) of the Federal Election Cam-

paign Act of 1971 (2 U.S.C. 434(a)(11)(B)) is amended

to read as follows:

``(B) The Commission shall make a designation,

statement, report, or notification that is filed with the

Commission under this Act available for inspection by the

public in the offices of the Commission and accessible to

the public on the Internet not later than 48 hours (24

hours in the case of a designation, statement, report, or

notification filed electronically) after receipt by the Com-

mission.''.

SEC. 502. MAINTENANCE OF WEBSITE OF ELECTION RE-

PORTS.

(a) IN GENERAL. The Federal Election Commission

shall maintain a central site on the Internet to make ac-

cessible to the public all publicly available election-related

reports and information.

(b) ELECTION-RELATED REPORT. In this section,

the term ``election-related report'' means any report, des-

ignation, or statement required to be filed under the Fed-

eral Election Campaign Act of 1971.

 (c) COORDINATION WITH OTHER AGENCIES. Any

Federal executive agency receiving election-related infor-

mation which that agency is required by law to publicly

disclose shall cooperate and coordinate with the Federal

Election Commission to make such report available

through, or for posting on, the site of the Federal Election

Commission in a timely manner.

SEC. 503. ADDITIONAL MONTHLY AND QUARTERLY DISCLO-

SURE REPORTS.

(a) PRINCIPAL CAMPAIGN COMMITTEES. 

(1) MONTHLY REPORTS. Section 304(a)(2)(A)

of the Federal Election Campaign Act of 1971 (2

U.S.C. 434(a)(2)(A)) is amended by striking clause

(iii) and inserting the following:

``(iii) additional monthly reports, which

shall be filed not later than the 20th day after

the last day of the month and shall be complete

as of the last day of the month, except that

monthly reports shall not be required under this

clause in November and December and a year

end report shall be filed not later than January

31 of the following calendar year.''.

(2) QUARTERLY REPORTS. Section

304(a)(2)(B) of such Act is amended by striking

``the following reports'' and all that follows through

the period and inserting ``the treasurer shall file

quarterly reports, which shall be filed not later than

the 15th day after the last day of each calendar

quarter, and which shall be complete as of the last

day of each calendar quarter, except that the report

for the quarter ending December 31 shall be filed

not later than January 31 of the following calendar

year.''.

(b) NATIONAL COMMITTEE OF A POLITICAL

PARTY. Section 304(a)(4) of the Federal Election Cam-

paign Act of 1971 (2 U.S.C. 434(a)(4)) is amended by

adding at the end the following flush sentence: ``Notwith-

standing the preceding sentence, a national committee of

a political party shall file the reports required under sub-

paragraph (B).''.

(c) CONFORMING AMENDMENTS. 

(1) SECTION 304. Section 304(a) of the Fed-

eral Election Campaign Act of 1971 (2 U.S.C.

434(a)) is amended 

(A) in paragraph (3)(A)(ii), by striking

``quarterly reports'' and inserting ``monthly re-

ports''; and

(B) in paragraph (8), by striking ``quar-

terly report under paragraph (2)(A)(iii) or

paragraph (4)(A)(i)'' and inserting ``monthly

report under paragraph (2)(A)(iii) or paragraph

(4)(A)''.

(2) SECTION 309. Section 309(b) of the Fed-

eral Election Campaign Act of 1971 (2 U.S.C.

437g(b)) is amended by striking ``calendar quarter''

and inserting ``month''.

SEC. 504. PUBLIC ACCESS TO BROADCASTING RECORDS.

Section 315 of the Communications Act of 1934 (47

U.S.C. 315), as amended by this Act, is amended by redes-

ignating subsections (e) and (f) as subsections (f) and (g),

respectively, and inserting after subsection (d) the fol-

lowing:

``(e) POLITICAL RECORD. 

``(1) IN GENERAL. A licensee shall maintain,

and make available for public inspection, a complete

record of a request to purchase broadcast time

that 

``(A) is made by or on behalf of a legally

qualified candidate for public office; or

``(B) communicates a message relating to

any political matter of national importance,

including 

``(i) a legally qualified candidate;

``(ii) any election to Federal office; or

``(iii) a national legislative issue of

public importance.

``(2) CONTENTS OF RECORD. A record main-

tained under paragraph (1) shall contain informa-

tion regarding 

``(A) whether the request to purchase

broadcast time is accepted or rejected by the li-

censee;

``(B) the rate charged for the broadcast

time;

``(C) the date and time on which the com-

munication is aired;

``(D) the class of time that is purchased;

``(E) the name of the candidate to which

the communication refers and the office to

which the candidate is seeking election, the elec-

tion to which the communication refers, or the

issue to which the communication refers (as ap-

plicable);

``(F) in the case of a request made by, or

on behalf of, a candidate, the name of the can-

didate, the authorized committee of the can-

didate, and the treasurer of such committee;

and

``(G) in the case of any other request, the

name of the person purchasing the time, the

name, address, and phone number of a contact

person for such person, and a list of the chief

executive officers or members of the executive

committee or of the board of directors of such

person.

``(3) TIME TO MAINTAIN FILE. The informa-

tion required under this subsection shall be placed in

a political file as soon as possible and shall be re-

tained by the licensee for a period of not less than

2 years.''.

Passed the Senate April 2 (legislative day, March

30), 2001.

Attest:

Secretary.