Sec. 4. Enhanced disclosure of certain information by campaign committees
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Section 304(b)(3)(E) of the Federal Election Campaign Act of 1971 ( 2 U.S.C. 434(b)(3)(E) ) is amended by striking and the date and amount or value of such loan; and inserting the following: the date and amount or value of such loan, and in the case of a loan made to an authorized committee which is made by or guaranteed by the candidate, the terms and conditions of the loan, including the aggregate amount of the loan, the annualized interest rate (and, if the interest rate is variable, a description of how the rate may vary), the terms and conditions (if any) under which the interest rate may be changed from fixed to variable or from variable to fixed, the repayment schedule, the duration of the loan, any fees and penalties which may be assessed on the borrower, and the requirements (if any) for loan forgiveness or deferment; .
Section 304(b)(5)(A) of such Act ( 2 U.S.C. 434(b)(5)(A) ) is amended by striking the semicolon at the end and inserting the following: , and, if the person to whom the expenditure is made is a relative of the candidate (as defined in section 302(j)(2)) or is a business organization with respect to which a relative of the candidate (as so defined) serves as an officer or director, the name and address of the relative and the type of relative involved; . Section 304(b)(6)(A) of such Act ( 2 U.S.C. 434(b)(6)(A) ) is amended by striking the semicolon at the end and inserting the following: , and, if the person who received the disbursement is a relative of the candidate (as defined in section 302(j)(2)) or is a business organization with respect to which a relative of the candidate (as so defined) serves as an officer or director, the name and address of the relative and the type of relative involved; .
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 the date of the enactment of this Act.
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Sec. 4
Enhanced disclosure of certain information by campaign committees
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