110th CONGRESS
1st Session
H. R. 486
To amend the Federal Election Campaign Act of 1971 to place restrictions
on the disposition of funds by leadership PACs.
IN THE HOUSE OF REPRESENTATIVES
January 16, 2007
Mr. GINGREY introduced the following bill; which was referred to the Committee
on House Administration
A BILL
To amend the Federal Election Campaign Act of 1971 to place restrictions
on the disposition of funds by leadership PACs.
Be it enacted by the Senate and House of Representatives of the United
States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the `Leadership PAC Reform Act of 2007'.
SEC. 2. 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 2007.
END
