Sec. 3. Effective date; transition for existing funds and committees
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The amendments made by this Act shall take effect on the date of the enactment of this Act. In the case of a separate segregate fund established and operating under section 316(b)(2)(C) of the Federal Election Campaign Act of 1971 ( 52 U.S.C. 30118(b)(2)(C) ) as of the date of the enactment of this Act which is not a fund of a nonprofit corporation as defined in section 316(b)(8) of such Act (as added by section 2(a)(2)), the fund shall terminate and disburse its entire balance not later than 1 year after the date of the enactment of this Act.
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Sec. 3
Effective date; transition for existing funds and committees
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