S.Amdt. 4467

SA 4467. Mr. SANDERS submitted an amendment intended to be proposed
by him to the bill S. 1383, to establish the Veterans Advisory
Committee on Equal Access, and for other purposes; which was ordered to
lie on the table; as follows:

At the appropriate place, insert the following:

SEC. __. LIMITATION ON CONTRIBUTIONS TO INDEPENDENT
EXPENDITURE COMMITTEES.

(a) Limitations.--Section 315(a)(1)(C) of the Federal
Election Campaign Act of 1971 (52 U.S.C. 30116(a)(1)(C)) is
amended by striking ``to any other political committee'' and
inserting ``to an independent expenditure committee or any
other political committee''.
(b) Definition.--Section 301 of such Act (52 U.S.C. 30101)
is amended by adding at the end the following:
``(27) Independent expenditure committee.--
``(A) In general.--The term `independent expenditure
committee' means a political committee which--
``(i) makes independent expenditures aggregating $5,000 or
more during a calendar year; or
``(ii) makes contributions to other independent expenditure
committees aggregating $5,000 or more during a calendar year.
``(B) Treatment of separate accounts.--The term
`independent expenditure committee' includes an account of a
political committee which is established for the purpose of
making independent expenditures or contributions to other
committees making independent expenditures.''.
(c) Effective Date.--The amendments made by this section
shall apply with respect to contributions and independent
expenditures made during the first calendar year which begins
after the date of the enactment of this Act and each
succeeding calendar year.
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