Sec. 1. Short title; table of contents
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This Act may be cited as the . We the People Act of 2016 The table of contents of this Act is as follows: Sec. 1. Short title; table of contents. Title I—Campaign disclosure and transparency reform Subtitle A—Disclosure Sec. 1001. Short title. Sec. 1002. Campaign disbursement reporting. Sec. 1003. Stand by your ad. Sec. 1004. Shareholders’ and members’ right to know. Sec. 1005. Lobbyists’ campaign funding disclosure. Sec. 1006. Effective date. Subtitle B—Candidate-Super PAC coordination Sec. 1101.
Short title. Sec. 1102. Clarification of treatment of coordinated expenditures as contributions to candidates. Sec. 1103. Clarification of ban on fundraising for Super PACs by Federal candidates and officeholders. Subtitle C—Real-Time transparency Sec. 1201. Short title. Sec. 1202. 48-hour notification required for all political committees receiving cumulative contributions of $1,000 or more during a year from any contributor. Sec. 1203. Filing by Senate candidates with Federal Election Commission.
Subtitle D—Establishment of Federal Election Administration Sec. 1301. Short title. Part 1—Federal election administration Sec. 1311. Establishment of the Federal Election Administration. Subtitle B—Administrative Provisions Chapter 1—Establishment of the federal election administration Sec. 351. Establishment of the Federal Election Administration. Sec. 352. Composition of the Federal Election Administration. Sec. 353. Staff director. Sec. 354. General counsel. Sec. 355. Inspector general.
Chapter 2—Operation of the federal election administration Sec. 361. Powers of the Chair and Administration. Sec. 362. Independent budget requests and legislative proposals. Sec. 363. Advisory opinions. Sec. 364. Issuance and enforcement of subpoenas. Sec. 365. Rulemaking authority. Sec. 366. Litigation authority. Sec. 367. Availability of reports. Sec. 368. Audits and field examinations. Sec. 369. Congressional oversight. Chapter 3—Enforcement Sec. 371. Initiation of enforcement actions by Administration.
Sec. 372. Complaint to initiate enforcement action. Sec. 373. Civil enforcement actions. Sec. 374. Notification of nonfilers. Sec. 375. Civil monetary penalties. Sec. 376. Cease-and-desist orders. Sec. 377. Collection. Sec. 378. Confidentiality. Sec. 379. Criminal penalties. Sec. 380. Period of limitations. Sec. 381. Authorization of appropriations. Sec. 1312. Executive schedule positions. Sec. 1313. GAO examination of enforcement of campaign finance laws by the Department of Justice.
Sec. 1314. GAO study and report on appropriate funding levels. Sec. 1315. Conforming amendments. Subtitle A—General Provisions Part 2—Transition provisions Sec. 1321. Transfer of functions of Federal Election Commission. Sec. 1322. Transfer of property, records, and personnel. Sec. 1323. Repeals. Sec. 1324. Conforming amendments. Sec. 1325. Treatment of certain regulations. Sec. 1326. Effective date. Title II—Close the 20-percent lobbying loophole Sec. 2001. Lobbyist registration reforms.
Title III—Revolving door reform Sec. 3001. Short title. Sec. 3002. Restrictions on private sector payment for Government service. Sec. 3003. Requirements relating to slowing the revolving door among financial services regulators. Title VI—Special requirements for financial services regulators Sec. 601. Definitions. Sec. 602. Conflict of interest and eligibility standards for financial services regulators. Sec. 603. Negotiating future private sector employment. Sec. 604. Recordkeeping.
Sec. 605. Penalties and injunctions. Sec. 3004. Prohibition of procurement officers accepting employment from Government contractors. Sec. 3005. Revolving door restrictions on financial services regulators moving into the private sector. Sec. 3006. Restrictions on Federal examiners and supervisors of financial institutions. Title IV—Severability Sec. 4001. Severability.