Sec. 12. Increasing and indexing for inflation registration and reporting thresholds
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Section 301(4) of the Federal Election Campaign Act of 1971 ( 52 U.S.C. 30101(4) ) is amended— in subparagraph (A), by striking $1,000 each place it appears and inserting $5,000 ; in subparagraph (C)— by striking receives contributions aggregating in excess of $5,000 during a calendar year, or ; by striking , or makes contributions in excess of $1,000 and inserting or makes contributions in excess of $5,000 ; and by striking or makes expenditures aggregating in excess of $1,000 during a calendar year ; and by adding at the end the following new flush sentence: In any calendar year after 2020, section 315(c)(1)(B) shall apply to each amount described in subparagraphs
(A)and
(C)of this paragraph 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 subparagraphs
(A)and
(C)of this paragraph, the base period shall be 2020. . Section 304(c)(1) of the Federal Election Campaign Act of 1971 ( 52 U.S.C. 30104(c)(1) ) is amended by striking $250 in paragraph
(1)and inserting $1,000 . Section 304 of such Act ( 52 U.S.C. 30104 ) is amended by adding at the end the following new subsection: In any odd-numbered calendar year after 2020— each of the dollar amounts described in paragraph
(2)shall be increased by the percent difference determined under section 315(c)(1)(A) (applied as if the base period was calendar year 2020); each amount so increased shall remain in effect for the 2-year period beginning on the first day following the date of the last general election in the year preceding the year in which the amount is increased and ending on the date of the next general election; and if any amount after adjustment under subparagraph
(A)is not a multiple of $100, such amount shall be rounded to the nearest multiple of $100. The dollar amounts described in this paragraph are the following: Each of the $100,000 amounts in clauses
(i)and
(iii)of subsection (a)(3)(A). The $1,000 amount in subsection (a)(6)(A). Each of the $200 amounts in subparagraphs (A), (F), and
(G)of subsection (b)(3). The $200 amount in subsection (b)(5)(A). Each of the $200 amounts in subparagraphs (A), (B)(iii), and (B)(v) of subsection (b)(6). The $1,000 amount in subsection (c)(1). The $200 amount in subsection (c)(2)(C). The $5,000 amount in subsection (e)(2)(A). The $200 amount in subsection (e)(3). Each of the $10,000 amounts in paragraphs (1), (4)(A) and (4)(B) of subsection (f). The $200 amount in subsection (f)(2)(C). Each of the $1,000 amounts in subparagraphs
(E)and
(F)of subsection (f)(2)(C). Each of the $1,000 amounts in subparagraphs
(A)and
(B)of subsection (g)(1). Each of the $10,000 amounts in subparagraphs
(A)and
(B)of subsection (g)(2). . The amendments made by this section shall apply to calendar years beginning after December 31, 2019.
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Sec. 12
Increasing and indexing for inflation registration and reporting thresholds
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