Page:United States Statutes at Large Volume 113 Part 1.djvu/500

 113 STAT. 476 PUBLIC LAW 106-58 —SEPT. 29, 1999 31 USC 503 note. Regulations. Reports. Notification. Public availability. Internet. Verification. Effective date. 2 USC 434 note. (g) TECHNICAL AND CONFORMING AMENDMENTS.— Section 503(a) of title 31, United States Code, is amended— (1) in paragraph (7) by striking "respectively." and inserting "respectively (excluding any officer designated or appointed under section 901(c))."; and (2) in paragraph (8) by striking "Officers." and inserting "Officers (excluding any officer designated or appointed under section 901(c)).". (h) EFFECTIVE DATE. —This section shall take effect at noon on January 20, 2001. SEC. 639. (a) Section 304(a) of the Federal Election Campaign Act of 1971 (2 U.S.C. 434(a)) is amended by striking paragraph (11) and inserting the following: "(11)(A) The Commission shall promulgate a regulation under which a person required to file a designation, statement, or report under this Act— "(i) is required to maintain and file a designation, statement, or report for any calendar year in electronic form accessible by computers if the person has, or has reason to expect, to have, aggregate contributions or expenditures in excess jfcifJ a threshold amount determined by the Commission; and "(ii) may maintain and file a designation, statement, m report in electronic form or an alternative form if not required to do so under the regulation promulgated under clause (i). "(B) The Commission shall make a designation, statement, report, or notification that is filed electronically with the Commission accessible to the public on the Internet not later than 24 hours after the designation, statement, report, or notification is received by the Commission. "(C) In promulgating a regulation under this paragraph, the Commission shall provide methods (other than requiring a signature on the document being filed) for verifying designations, statements, and reports covered by the regulation. Any document verified under any of the methods shall be treated for all purposes (including penalties for perjury) in the same manner as a document verified by signature. "(D) As used in this paragraph, the term 'report' means, with respect to the Commission, a report, designation, or statement required by this Act to be filed with the Commission.". (b) The amendments made by this section shall be effective for reporting periods beginning after December 31, 2000. SEC. 640. (a) IN GENERAL. —Section 309(a)(4) of the Federal Election Campaign Act of 1971 (2 U.S.C. 437g(a)(4)) is amended— (1) in subparagraph (A)(i), by striking "clause (ii)" and inserting "clauses (ii) and subparagraph (C)"; and (2) by adding at the end the following new subparagraph: "(C)(i) Notwithstanding subparagraph (A), in the case of a violation of any requirement of section 304(a) of the Act (2 U.S.C. 434(a)), the Commission may— "(I) find that a person committed such a violation on the basis of information obtained pursuant to the procedures described in paragraphs (1) and (2); and "(II) based on such finding, require the person to pay a civil money penalty in an amount determined under a schedule of penalties which is established and published by the Commission and which takes into account the amount of the violation involved, the existence of previous violations

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