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S.2030 - A bill to amend the Federal Election Campaign Act of 1971 to require reporting relating to bundled contributions made by persons other than registered lobbyists.
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September 6, 2007
SECTION 1. REPORTING OF BUNDLED CONTRIBUTIONS BY PERSONS OTHER THAN REGISTERED LOBBYISTS.
(a) In General- Subsection (i) of section 304 of the Federal Election Campaign Act of 1971 (
`(ii) any reporting period applicable to the committee under this section during which any person provided 2 or more bundled contributions to the committee in an aggregate amount greater than the applicable threshold; andCommentsClose CommentsPermalink
`(iii) any reporting period applicable to the committee under this section during which any person provided 2 or more bundled contributions to the committee in an aggregate amount greater than the applicable threshold.';CommentsClose CommentsPermalink
In determining whether the amount of bundled contributions provided to a committee by a person exceeds the applicable threshold, there shall be excluded any contribution made to the committee by the person or the person's spouse.'; andCommentsClose CommentsPermalink
`(7) SEPARATE REPORTING FOR CERTAIN PERSONS- Each committee required to include a schedule under paragraph (1) shall also include a separate schedule setting forth the name, address, and employer of each person listed on the schedule required under paragraph (1) who, at the time a contribution is forwarded to a committee as described in paragraph (8)(A)(i) or is received by a committee as described in paragraph (8)(A)(ii), is--CommentsClose CommentsPermalink
The schedule required under the preceding sentence shall also include the aggregate amount of bundled contributions provided by each such person during the covered period.'; andCommentsClose CommentsPermalink
`The term `bundled contribution' shall not include any contribution forwarded by or credited to (through records, designations, or other means of recognizing a certain amount of money has been raised) a person who is a regularly paid employee of the committee.'.CommentsClose CommentsPermalink
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