Sec. 111. Modification of eligibility requirements for public financing
263 words·~1 min read·
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Subsection
(a)of section 9003 of the Internal Revenue Code of 1986 is amended to read as follows: In order to be eligible to receive any payments under section 9006, the candidates of a political party in a presidential election shall meet the following requirements: The candidate for President received payments under chapter 96 for the campaign for nomination for election to be President. The candidates, in writing— agree to obtain and furnish to the Commission such evidence as it may request of the qualified campaign expenses of such candidates, agree to keep and furnish to the Commission such records, books, and other information as it may request, and agree to an audit and examination by the Commission under section 9007 and to pay any amounts required to be paid under such section. The candidates certify to the Commission, under penalty of perjury, the following: Such candidates and the authorized committees of such candidates will not accept any bundled contribution (as defined in section 304(i)(8)) forwarded by or credited to a person described in section 304(i)(7). Such candidates and their authorized committees will not, after June 1 of the election year, solicit any funds for any joint fundraising committee that includes any committee of a political party. Such candidates and their authorized committees will not, after June 1 of the year in which the election is held, solicit any funds for any committee of a political party. Such certification shall be made within such time prior to the day of the presidential election as the Commission shall prescribe by rules or regulations. .