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Presidential Funding Act of 2007
A bill to amend the Internal Revenue Code of 1086 to reform the system of public financing for Presidential elections, and for other purposes.
previous 110th session of congress Other Bill Titles (2 more) 1/30/2007--Introduced.
Presidential Funding Act of 2007 - Amends Internal Revenue Code provisions relating to public financing of presidential election campaigns to:
(1) quadruple (1:1 to 4:1) the matching rate for contributions to primary election candidates;
(2) lower from $250 to $200 the limit on individual campaign contributions;
(3) increase the presidential primary qualifying threshold from $5,000 to $25,000 in 20 states;
(4) require presidential candidates to participate in the primary payment system to be eligible for general election payments;
(5) move the starting date for payments to primary candidates from January 1 of a presidential election year to six months before the earliest state primary election;
(6) allow additional payments and increased expenditure limits for candidates who face opponents who do not participate in public financing and who raise more than 20% of applicable spending limits;
(7) designate the last Friday before the first Monday in September as the date for payments to eligible presidential candidates; and
(8) increase from $3 to $10 the presidential campaign tax return check-off amount.
Amends the Federal Election Campaign Act of 1971 to:
(1) increase expenditure limits for presidential primary campaigns and eliminate state primary spending limits;
(2) limit political party general election campaign expenditures to $25 million, with an additional $25 million allowance after the party's candidate is nominated;
(3) prohibit political parties from spending unregulated funds (soft money) on their national conventions; and
(4) require presidential campaign committees to disclose information about bundled contributions (series of contributions aggregating more than $10,000).
Amends the Agricultural Trade Act of 1978 to reduce funding for the market access program by $100 million in FY2007.
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Committees
Amendments
This bill has no amendments.
Bill Status
| Introduced |  | Voted on by Senate | | Voted on by House | | Considered By President | | Bill Becomes Law |
| January 30, 2007 |
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Blog Coverage
December 31, 2008 All Things Reform: Join Social Actions contest to create an ...
... S.3308 (1); S.436 (2); S.453 (1); S.849 (1); S.866 (1); s.886 (3); SAFETEA-LU (1); safety (20); salaries (1); Sarah Palin (1); scandals (1); SCHIP (1); schools (2); science (2); scorecards (1); scott j bloch (1); search engines (1) ...
Source: All Things Reform
December 26, 2008 Studium generale: Rez. J. Asendorpf: Psychologie der Persönlichkeit
(1, S. 436) Dieser sagt bisher noch nichts über genetische, sondern bislang nur über kulturelle Unterschiede aus. Die engere körperliche Nähe der japanischen Kinder zur Mutter während der frühen Lebensjahre führt, ...
Source: Studium generale
December 26, 2008 Eiserne Krone
(S. 436). Und der Graf, hinter dem sich unzweifelhaft de Maistre selbst verbirgt, antwortet zwar, daà die âIlluminatenâ die Legitimität des katholischen Priestertums leugnen, spricht aber deutlich über seine persönlichen Erfahrungen:
Source: Eiserne Krone
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