Sec. 111. Amount available for eligible individuals to direct for payments
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Effective on the first day of each odd-numbered year (beginning with 2019), an eligible individual may direct the Democracy Dollar Administrator to make payments with respect to elections for Federal office held in the following year (or, in the case of special elections, an election held in either such odd-numbered year or the following year) in an aggregate amount equal to the sum of the following: A House election share of— for 2019, $10; or for 2021 and each subsequent odd-numbered year, the amount established under this paragraph for the previous odd-numbered year increased by the adjustment percentage for House elections (as described in paragraph
(1)of subsection (b)) for the year. If a regularly scheduled election for the office of Senator will be held during the following year in the State in which the individual resides, a Senate election share of— for 2019, $15; or for 2021 and each subsequent odd-numbered year, the amount established under this paragraph for the previous odd-numbered year increased by the adjustment percentage for Senate elections (as described in paragraph
(2)of subsection (b)) for the year. If an election for the office of President and Vice President will be held during the following year, a presidential election share of— for 2019, $25; or for 2023 and each fourth year thereafter, the amount established under this paragraph for the previous odd-numbered year increased by the adjustment percentage for presidential elections (as described in paragraph
(3)of subsection (b)) for the year. The adjustment percentage for House elections for an odd-numbered year is the greater of 100 percent or the percentage (if any) by which— the aggregate amount of contributions made to authorized committees of candidates for House elections in the previous year from sources other than payments under the Democracy Dollars Program; exceeded the aggregate of amount of contributions made to such authorized committees for such elections that consisted of payments under the Program, including payments made to such authorized committees by other political committees using payments under the Program (as described in section 105(b)). The adjustment percentage for Senate elections for an odd-numbered year is the greater of 100 percent or the percentage (if any) by which— the aggregate amount of contributions made to authorized committees of candidates for elections for the office of Senator in the previous year from sources other than payments under the Democracy Dollars Program; exceeded the aggregate of amount of contributions made to such authorized committees for such elections that consisted of payments under the Program, including payments made to such authorized committees by other political committees using payments under the Program (as described in section 105(b)). The adjustment percentage for presidential elections for a year is the greater of 100 percent or the percentage (if any) by which— the aggregate amount of contributions made to authorized committees of candidates for the most recent election for the office of President from sources other than payments under the Democracy Dollars Program; exceeded the aggregate amount of contributions made to such authorized committees for such election that consisted of payments under the Program, including payments made to such authorized committees by other political committees using payments under the Program (as described in section 105(b)). If an eligible individual is a resident of a congressional district in which a special House election will be held, the House election share amount set forth under paragraph
(1)of subsection
(a)for the individual shall be increased by $10. If an eligible individual is a resident of a State in which a special election will be held for the office of Senator, the Senate election share amount set forth under paragraph
(2)for the individual shall be increased by $15. On the last day of each even-numbered year, the amount available under this section with respect to an eligible individual shall be reduced to $0, and no further payments may be made under this Act with respect to elections held in such year. In any calendar year after 2019, section 315(c)(1)(B) of the Federal Election Campaign Act of 1971 ( 52 U.S.C. 30116(c)(1)(B) ) shall apply to each amount described in this section 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 amounts described in this section, the base period shall be 2019. It shall be unlawful— for any person to provide money or anything of value to an eligible individual, or to make an express promise to provide money or anything of value to an eligible individual, in exchange for the eligible individual directing the Democracy Dollar Administrator to make payments to a candidate or committee under the Democracy Dollars Program; or for an eligible individual to solicit money or anything of value from another person in exchange for the eligible individual directing the Democracy Dollar Administrator to make payments to a candidate or committee under the Democracy Dollars Program.
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Sec. 111
Amount available for eligible individuals to direct for payments
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