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[DOCID: f:h1080ih.txt]






107th CONGRESS
  1st Session
                                H. R. 1080

To amend the Federal Election Campaign Act of 1971 to prohibit national 
 political parties from using soft money, to restrict the use of soft 
  money by corporations and labor organizations, to impose additional 
     reporting requirements under such Act on corporations, labor 
  organizations, and nonprofit organizations, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             March 15, 2001

  Mr. Linder introduced the following bill; which was referred to the 
                   Committee on House Administration

_______________________________________________________________________

                                 A BILL


 
To amend the Federal Election Campaign Act of 1971 to prohibit national 
 political parties from using soft money, to restrict the use of soft 
  money by corporations and labor organizations, to impose additional 
     reporting requirements under such Act on corporations, labor 
  organizations, and nonprofit organizations, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Federal Election Reform Act of 
2001''.

SEC. 2. PROHIBITING USE OF SOFT MONEY BY NATIONAL POLITICAL PARTIES.

    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 new section:

  ``prohibiting use of nonfederal funds by national political parties

    ``Sec. 323. No political committee established and maintained by a 
national political party (including a national congressional campaign 
committee of a national political party) may solicit, receive, spend, 
or direct to another person any funds which are not subject to the 
limitations, prohibitions, and reporting requirements of this Act.''.

SEC. 3. RESTRICTIONS AND ADDITIONAL REPORTING REQUIREMENTS FOR 
              CORPORATIONS, LABOR ORGANIZATIONS, AND NONPROFIT 
              ORGANIZATIONS.

    (a) Prohibiting Use of Soft Money by Corporations and Labor 
Organizations for Certain Activities.--Section 316(b)(2) of the Federal 
Election Campaign Act of 1971 (2 U.S.C. 441b(b)(2)) is amended by 
striking ``(A) communications'' and all that follows through ``and 
(C)''.
    (b) Disclosure of Election-Related Activity.--Section 304 of such 
Act (2 U.S.C. 434), as amended by section 502(a) of the Department of 
Transportation and Related Agencies Act, 2001 (as enacted into law by 
reference under section 101(a) of Public Law 106-346), is amended by 
adding at the end the following new subsection:
    ``(e)(1) Each corporation, labor organization, and nonprofit 
organization which makes a disbursement or transfer of funds for any 
activity in connection with an election for Federal office shall file 
reports in accordance with subsection (a)(4) containing the same 
information with respect to such disbursement or transfer which would 
be required if the disbursement or transfer were treated as a 
contribution or expenditure under this Act.
    ``(2) For purposes of paragraph (1), any disbursement or transfer 
of funds for a public communication which mentions (by name, image, or 
likeness) a candidate for election for Federal office and which is made 
within the 90-day period ending on the date of such election shall be 
treated as a disbursement or transfer of funds for an activity in 
connection with an election for Federal office.
    ``(3) This subsection shall not apply with respect to a 
disbursement or transfer of funds which is otherwise treated as a 
contribution or expenditure under this Act.''.

SEC. 4. EFFECTIVE DATE.

    The amendments made by this Act shall take effect upon the 
expiration of the 90-day period which begins on the date of the 
enactment of this Act.
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