Sec. 503. Disclosure of bundled contributions to Presidential campaigns
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Paragraphs
(1)through
(3)of section 304(i) of the Federal Election Campaign Act of 1971 ( 2 U.S.C. 434(i) ) are amended to read as follows: Each committee described in paragraph
(6)shall include in the first report required to be filed under this section after each covered period (as defined in paragraph (2)) a separate schedule setting forth the name, address, and employer of each person reasonably known by the committee to be a person described in paragraph
(7)who provided 2 or more bundled contributions to the committee in an aggregate amount greater than the applicable threshold (as defined in paragraph (3)) during the covered period, and the aggregate amount of the bundled contributions provided by each such person during the covered period. Each committee which is an authorized committee of a candidate for the office of President or for nomination to such office shall include in the first report required to be filed under this section after each covered period (as defined in paragraph (2)) a separate schedule setting forth the name, address, and employer of each person who provided 2 or more bundled contributions to the committee in an aggregate amount greater than the applicable threshold (as defined in paragraph (3)) during the election cycle, and the aggregate amount of the bundled contributions provided by each such person during the covered period and such election cycle. Such schedule shall include a separate listing of the name, address, and employer of each person included on such schedule who is reasonably known by the committee to be a person described in paragraph (7), together with the aggregate amount of bundled contributions provided by such person during such period and such cycle. In this subsection, a covered period means— with respect to a committee which is an authorized committee of a candidate for the office of President or for nomination to such office— the 4-year election cycle ending with the date of the election for the office of the President; and any reporting period applicable to the committee under this section during which any person provided 2 or more bundled contributions to the committee; and with respect to any other committee— the period beginning January 1 and ending June 30 of each year; the period beginning July 1 and ending December 31 of each year; and any reporting period applicable to the committee under this section during which any person described in paragraph
(7)provided 2 or more bundled contributions to the committee in an aggregate amount greater than the applicable threshold. In this subsection, the applicable threshold is— $50,000 in the case of a committee which is an authorized committee of a candidate for the office of President or for nomination to such office; and $15,000 in the case of any other committee. In determining whether the amount of bundled contributions provided to a committee by a person exceeds the applicable threshold, there shall be excluded any contribution made to the committee by the person or the person's spouse. In any calendar year after 2017, section 315(c)(1)(B) shall apply to each amount applicable under subparagraph
(A)in the same manner as such section applies to the limitations established under subsections (a)(1)(A), (a)(1)(B), (a)(3), and
(h)of such section, except that for purposes of applying such section to the amount applicable under subparagraph (A), the base period shall be 2016. For purposes of determining the amount of bundled contributions provided by a person to a committee which were received by the person at a fundraising event sponsored by the person, or in response to an invitation to attend a fundraising event sponsored by the person, each person who is a sponsor of the event shall be considered to have provided to the committee the aggregate amount of all bundled contributions which were provided to the committee by all sponsors of the event. . Section 304(i) of such Act ( 2 U.S.C. 434(i) ) is amended— in paragraph (5), by striking described in paragraph
(7)each place it appears in subparagraphs
(C)and (D); in paragraph (6), by inserting (other than a candidate for the office of President or for nomination to such office) after candidate ; and in paragraph (8)(A)— by striking , with respect to a committee described in paragraph
(6)and a person described in paragraph (7), and inserting , with respect to a committee described in paragraph
(6)or an authorized committee of a candidate for the office of President or for nomination to such office, ; by striking by the person in clause
(i)thereof and inserting by any person ; and by striking the person each place it appears in clause
(ii)and inserting such person . The amendments made by this section shall apply with respect to reports filed under section 304 of the Federal Election Campaign Act of 1971 after January 1, 2014.
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Sec. 503
Disclosure of bundled contributions to Presidential campaigns
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