Page:United States Statutes at Large Volume 114 Part 2.djvu/523

 PUBLIC LAW 106-346—APPENDIX 114 STAT. 1356A-49 to Federal agency monitoring of personal information on use of the Internet) shall not have effect. (d) DEFINITIONS. —For the purposes of this section: (1) The term "regulatory" means agency actions to implement, interpret or enforce authorities provided in law. (2) The term "supervisory" means examinations of the agency's supervised institutions, including assessing safety and soundness, overall financial condition, management practices and policies and compliance with applicable standards as provided in law. SEC. 502. (a) CLARIFICATION OF PERMISSIBLE USE OF FACSIMILE MACHINES AND ELECTRONIC MAIL TO FILE INDEPENDENT EXPENDI- TURE STATEMENTS.— Section 304 of the Federal Election Campaign Act of 1971 (2 U.S.C. 434) is amended by adding at the end the following new subsection: "(d)(1) Any person who is required to file a statement under subsection (c) of this section, except statements required to be filed electronically pursuant to subsection (a)(ll)(A)(i) may file the statement by facsimile device or electronic mail, in accordance with such regulations as the Commission may promulgate. "(2) The Commission shall make a document which is filed electronically with the Commission pursuant to this paragraph accessible to the public on the Internet not later than 24 hours after the document is received by the Commission. "(3) In promulgating a regulation under this paragraph, the Commission shall provide methods (other than requiring a signature on the document being filed) for verifying the documents 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,". (b) TREATMENT OF LINES OF CREDIT OBTAINED BY CANDIDATES AS COMMERCIALLY REASONABLE LOANS.— Section 301(8)(B) of such Act of 1971 (2 U.S.C. 431(8)(B)) is amended— (1) by striking "and" at the end of clause (xiii); (2) by striking the period at the end of clause (xiv) and inserting "; and"; and (3) by adding at the end the following new clause: "(xv) any loan of money derived from an advance on a candidate's brokerage account, credit card, home equity line of credit, or other line of credit available to the candidate, if such loan is made in accordance with applicable law and under commercially reasonable terms and if the person making such loan makes loans derived from an advance on the candidate's brokerage account, credit card, home equity line of credit, or other line of credit in the normal course of the person's business.". (c) REQUIRING ACTUAL RECEIPT OF CERTAIN INDEPENDENT EXPENDITURE REPORTS WITHIN 24 HOURS. — (1) IN GENERAL.— Section 304(c)(2) of such Act (2 U.S.C. 434(c)(2)) is amended in the matter following subparagraph (C)- (A) by striking "shall be reported" and inserting "shall be filed"; and (B) by adding at the end the following new sentence: "Notwithstanding subsection (a)(5), the time at which the statement under this subsection is received by the Secretary, the Commission, or any other recipient to whom

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