S.7 - Comprehensive Campaign Finance Reform Act of 1993103rd Congress (1993-1994)
Summary: S.7 — 103rd Congress (1993-1994)
Introduced in Senate (01/21/1993)
TABLE OF CONTENTS:
Title I: Reduction of Special Interest Influence
Subtitle A: Elimination of Political Action Committees
from Federal Election Activities
Subtitle B: Ban on Soft Money in Federal Elections
Subtitle C: Other Activities
Title II: Increase of Competition in Politics
Title III: Reduction of Campaign Costs
Title IV: Miscellaneous Provisions
Subtitle A: Federal Election Commission Enforcement
Subtitle B: Other Provisions
Comprehensive Campaign Finance Reform Act of 1993 - Title I: Reduction of Special Interest Influence - Subtitle A: Elimination of Political Action Committees from Federal Election Activities - Amends the Federal Election Campaign Act of 1971 (FECA) to prohibit Federal election activities by political action committees.
Subtitle B: Ban on Soft Money in Federal Elections - (Sec. 111) Bans the use of soft money (any amount raised or contributed outside of source restrictions, contribution limits, and requirements of FECA) to influence any Federal election.
(Sec. 112) Imposes information disclosure and mixed activity financial allocation requirements upon party committees.
(Sec. 113) Permits a labor organization to make political communications and establish and solicit contributions for a separate segregated political fund only if it meets specified requirements concerning the employees it represents.
(Sec. 115) Amends the Internal Revenue Code to deny tax-exempt status for certain politically active organizations.
Subtitle C: Other Activities - (Secs. 121 through 123) Modifies contribution provisions for individuals, political parties, and intermediaries.
(Sec. 124) Sets forth requirements for disclosure of independent expenditures through broadcast communications.
Title II: Increase of Competition in Politics - (Sec. 201) Allows a congressional or senatorial campaign committee of a national political party to make specified contributions (seed money) to a non-incumbent Federal candidate (other than President or Vice President).
(Sec. 202) Requires a candidate to file with the Federal Election Commission (FEC) and each other qualifying candidate a declaration of whether or not he or she intends to spend more than $250,000 from personal funds for the primary and general election. Allows the opponents of a candidate intending to exceed such limit to accept larger contributions from individuals.
(Sec. 203) Prohibits franked mass mailings during an election year by a Member of Congress.
(Sec. 204) Sets forth standards for congressional redistricting and reapportionment.
(Sec. 205) Sets forth criminal penalties for using the mail, broadcast media, or interstate commerce to deprive or defraud citizens of the honest services of government officials or for fraudulently conducted elections.
Title III: Reduction of Campaign Costs - Sets forth congressional findings regarding discounts for political broadcasts. Amends the Communications Act of 1934 to prohibit any broadcast licensee from preempting the use of of broadcasting time purchased by a qualified candidate.
Title IV: Miscellaenous Provisions - Subtitle A: Federal Election Commission Enforcement Authority - (Secs. 401 through 412) Revises FECA enforcement provisions. Sets forth FEC injunctive relief authority. Increases specified penalties and makes certain discretionary penalties mandatory. Provides a specified private right of action.
Subtitle B: Other Provisions - Requires disclosure of debt settlement and loan security agreements.