Let the Public Decide Campaign Finance Reform Act

Summary

TABLE OF CONTENTS: Title I: Expenditure Limitations and Public Financing for House of Representatives General Elections Title II: Amendments to Internal Revenue Code of 1986 Title III: Ban on Use of Soft Money by House Candidates Title IV: Independent Expenditures Title V: Provisions Relating to House of Representatives Primary Elections Title VI: Consideration of Constitutional Amendment Let the Public Decide Campaign Finance Reform Act - Title I: Expenditure Limitations and Public Financing for House of Representatives General Elections - Amends the Federal Election Campaign Act of 1971 to set forth specified expenditure limitations for House of Representatives general elections. Establishes in the Treasury the Grassroots Good Citizenship Fund (Fund), which shall provide public funding for House candidates' expenditures. Authorizes certain additional amounts from State and national party committees. Title II: Amendments to Internal Revenue Code of 1986 - Amends the Internal Revenue Code to: (1) authorize taxpayers to designate specified overpayments and contributions for the Fund or for State or national party committees for House candidates; and (2) increase corporate tax rates and use the amounts from such increase for the Fund. Title III: Ban on Use of Soft Money by House Candidates - Amends the Federal Election Campaign Act of 1971 to prohibit the use of non-regulated funds (soft money) by House candidates. Title IV: Independent Expenditures - Amends the Federal Election Campaign Act of 1971 to ban independent expenditures in House elections. Redefines "independent expenditure." Title V: Provisions Relating to House of Representatives Primary Elections - Amends the Federal Election Campaign Act of 1971 to set forth specified House limitations for: (1) expenditures for elections other than general elections; (2) small donor multicandidate political committees contributions; and (3) acceptance of contributions from large donor multicandidate political committees. Title VI: Consideration of Constitutional Amendment - Provides for the consideration of a specified constitutional amendment if any provision or amendment of this Act is found unconstitutional.

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3 official files

• Introduced in House (text)

  Introduced in House · EN · 7 January 1997

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• Introduced in House (PDF)

  Introduced in House · EN · 7 January 1997

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• Introduced in House

  summary · EN · 7 January 1997

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