Open and Accountable Campaign Financing Act of 2000

Summary

Open and Accountable Campaign Financing Act of 2000 - Title I: Disclosure - Amends the Federal Election Campaign Act of 1971 (FECA) to revise reporting requirements, including: (1) changing from quarterly to monthly the additional reports required to be filed with regard to the principal campaign committee of a candidate for the House of Representatives or the Senate in any calendar year during which there is a regularly scheduled election for which such candidate is seeking nomination or election; (2) requiring a national committee of a political party to file the same monthly reports designated for all political committees other than authorized committees of a candidate; (3) requiring the national committee of a political party, any national congressional campaign committee of a political party, and any subordinate committee of either, to report all receipts and disbursements during the appropriate reporting period; and (4) directing the Federal Election Commission (FEC) to make report information available on the Internet and at FEC offices. Amends the Communications Act of 1934 to require a licensee to maintain and make available for public inspection a complete record of certain requests to purchase broadcast time that are related to legally qualified candidates. Title II: Soft Money of National Political Parties and Contribution Limits - Amends FECA to limit to $60,000 aggregate (indexed for inflation) per calendar year per contributor the amount of soft money a national committee of a political party, a congressional campaign committee of a national party, or an entity directly or indirectly established, financed, maintained, or controlled by such committee may accept. Places an aggregate limit on the soft money donor of $60,000 in any calendar year. Provides for judicial review with respect to such amendment. Increases individual, political committee, and multicandidate political committee contribution limits. Revises indexing provisions. Title III: Miscellaneous Provisions - Amends the Federal criminal code to prohibit solicitation of soft money in any room or building occupied in the discharge of official duties by an officer or employee of the United States or any department or agency thereof, or a person receiving any salary or compensation for service from the Treasury. Amends FECA to provide for the indexing of certain penalty and other amounts under enforcement provisions.

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Documents

3 official files

• Placed on Calendar Senate (text)

  Placed on Calendar Senate · EN · 27 July 2000

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• Placed on Calendar Senate (PDF)

  Placed on Calendar Senate · EN · 27 July 2000

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• Introduced in Senate

  summary · EN · 26 July 2000

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