To amend the Federal Election Campaign Act of 1971 to prohibit candidates for election for Federal office from accepting unsecured loans from depository institutions regulated under Federal law, and for other purposes.

Summary

Amends the Federal Election Campaign Act of 1971 to prohibit a candidate from accepting a contribution: (1) of an unsecured loan from a depository institution; or (2) from an officer or director of such an institution with which the candidate has an unsecured loan. Requires any candidate for election for Federal office with an outstanding unsecured loan from a depository institution to repay the loan not later than 90 days after enactment of this Act.

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Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 19 January 1999

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• Introduced in House (PDF)

  Introduced in House · EN · 19 January 1999

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 19 January 1999

  Open at official source

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