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Code · BILL · 113th Congress · S. 2023 (Introduced in Senate) — To reform the financing of Senate elections, and for other purposes. · Sec. 104

Sec. 104. Exception to limitation on coordinated expenditures by political party committees with participating candidates

223 words·~1 min read·/bill/113/s/2023/is/section-104

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Section 315(d) of the Federal Election Campaign Act of 1971 ( 2 U.S.C. 441a(d) ) is amended— in paragraph (3)(A), by striking in the case of and inserting except as provided in paragraph (5), in the case of ; and by adding at the end the following new paragraph: The limitation under paragraph (3)(A) shall not apply with respect to any expenditure from a qualified political party-participating candidate coordinated expenditure fund. In this paragraph, the term qualified political party-participating candidate coordinated expenditure fund means a fund established by the national committee of a political party, or a State committee of a political party, including any subordinate committee of a State committee, for purposes of making expenditures in connection with the general election campaign of a candidate for election to the office of Senator who is a participating candidate (as defined in section 501), that only accepts qualified coordinated expenditure contributions.
In this paragraph, the term qualified coordinated expenditure contribution means, with respect to the general election campaign of a candidate for election to the office of Senator who is a participating candidate (as defined in section 501), any contribution (or series of contributions)— which is made by an individual who is not prohibited from making a contribution under this Act; and the aggregate amount of which does not exceed $500 per election. .
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Sec. 104
Exception to limitation on coordinated expenditures by political party committees with participating candidates
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