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Code · BILL · 113th Congress · H.R. 270 (Introduced in House) — To amend the Internal Revenue Code of 1986 to reform the system of public financing for Presidential elections, to es... · Sec. 501

Sec. 501. Regulations with respect to best efforts for identifying persons making contributions

109 words·~1 min read·/bill/113/hr/270/ih/section-501

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Not later than 6 months after the date of enactment of this Act, the Federal Election Commission shall promulgate regulations with respect to what constitutes best efforts under section 302(i) of the Federal Election Campaign Act of 1971 (2 U.S.C. 432(i)) for determining the identification of persons making contributions to political committees, including the identifications of persons making contributions over the Internet or by credit card. Such regulations shall include a requirement that in the case of contributions made by a credit card, the political committee shall ensure that the name on the credit card used to make the contribution matches the name of the person making the contribution.
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Sec. 501
Regulations with respect to best efforts for identifying persons making contributions
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