H.Amdt. 785House109th Congress (2005-2007)

An amendment numbered 6 printed in Part B of House Report 109-441 to extend the prohibition on converting campaign dollars for personal use currently applicable to campaign committees to Leadership PACs.

What it does: Adds TITLE VII--LEADERSHIP PACS at the end of the bill
Submitted May 3, 2006

Description

Amendment extends a prohibition in law against converting campaign funds to personal use to cover funds in leadership PACs.

What it changes

1 change to H.R. 4975

Adds a section

We couldn't match these changes to the text of H.R. 4975, so they're shown as written.

  1. Adds TITLE VII--LEADERSHIP PACS at the end of the bill

    Adds a title

    Inserted: TITLE VII--LEADERSHIP PACS

    Inserted: SEC. 701. RESTRICTIONS ON DISPOSITION OF FUNDS BY LEADERSHIP PACS.

    Inserted: (a) Restrictions.--Section 313 of the Federal Election Campaign Act of 1971 (2 U.S.C. 439a) is amended--

    Inserted: (1) by redesignating subsection (b) as subsection (c); and

    Inserted: (2) by inserting after subsection (a) the following new subsection:

    Inserted: "(b) Use of Funds by Leadership PACs.--

    Inserted: "(1) Uses permitted.--The funds of a leadership PAC may be used by the leadership PAC--

    Inserted: "(A) for otherwise authorized expenditures in connection with campaigns for election for Federal office;

    Inserted: "(B) for charitable contributions described in section 170(c) of the Internal Revenue Code of 1986; or

    Inserted: "(C) for transfers to a national, State, or local committee of a political party (subject to the applicable limitations of this Act).

    Inserted: "(2) Leadership pac defined.--In this subsection, the term 'leadership PAC' means a political committee which is directly or indirectly established, maintained, or controlled by a candidate for election for Federal office or an individual holding Federal office but is not an authorized committee of the candidate or individual, except that such term does not include any political committee of a political party.".

    Inserted: (b) Conforming Amendment Regarding Conversion of Funds to Personal Use.--Section 313(c) of such Act (2 U.S.C. 439a(c)), as redesignated by subsection (a), is amended by inserting after "subsection (a)" the following: "or funds of a leadership PAC described in subsection (b)".

    Show 1 more inserted paragraph

    Inserted: (c) Effective Date.--The amendments made by this section shall apply with respect to elections occurring after December 2006.

    Original wording

    Add at the end the following:

Read automatically from the Congressional Record. Check the original before relying on it.

As printed

Add at the end the following:

TITLE VII--LEADERSHIP PACS

SEC. 701. RESTRICTIONS ON DISPOSITION OF FUNDS BY LEADERSHIP PACS.

(a) Restrictions.--Section 313 of the Federal Election Campaign Act of 1971 (2 U.S.C. 439a) is amended--

(1) by redesignating subsection (b) as subsection (c); and

(2) by inserting after subsection (a) the following new subsection:

“(b) Use of Funds by Leadership PACs.--

“(1) Uses permitted.--The funds of a leadership PAC may be used by the leadership PAC--

“(A) for otherwise authorized expenditures in connection with campaigns for election for Federal office;

“(B) for charitable contributions described in section 170(c) of the Internal Revenue Code of 1986; or

“(C) for transfers to a national, State, or local committee of a political party (subject to the applicable limitations of this Act).

“(2) Leadership pac defined.--In this subsection, the term ‘leadership PAC' means a political committee which is directly or indirectly established, maintained, or controlled by a candidate for election for Federal office or an individual holding Federal office but is not an authorized committee of the candidate or individual, except that such term does not include any political committee of a political party.”.

(b) Conforming Amendment Regarding Conversion of Funds to Personal Use.--Section 313(c) of such Act (2 U.S.C. 439a(c)), as redesignated by subsection (a), is amended by inserting after “subsection (a)” the following: “or funds of a leadership PAC described in subsection (b)”.

(c) Effective Date.--The amendments made by this section shall apply with respect to elections occurring after December 2006.

Legislative Activity

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5 earlier actions
Floor Latest Action

House amendment offered

May 3, 2006

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Floor

House amendment offered

May 3, 2006

Floor

House amendment agreed to: On agreeing to the Gingrey amendment (A006) Agreed to by voice vote.

May 3, 2006 • 3:53 PM

Not Used

Amendment agreed to Committee of the Whole

May 3, 2006 • 3:53 PM

Not Used

House amendment offered/reported by : Amendment (A006) offered by Mr. Gingrey.(consideration: CR H2040-2042; text: CR H2040)

May 3, 2006 • 3:42 PM

Floor

Amendment (A006) offered by Mr. Gingrey. (consideration: CR H2040-2042; text: CR H2040)

May 3, 2006 • 3:42 PM

Floor

On agreeing to the Gingrey amendment (A006) Agreed to by voice vote.

May 3, 2006 • 3:53 PM