Page:United States Statutes at Large Volume 116 Part 1.djvu/114

 116 STAT. 88 PUBLIC LAW 107-155—MAR. 27, 2002 (A) by striking "The provisions of this Act" and inserting "(a) IN GENERAL.—- Subject to subsection (b), the provisions of this Act"; and (B) by adding at the end the following: "(b) STATE AND LOCAL COMMITTEES OF POLITICAL PARTIES.— Notwithstanding any other provision of this Act, a State or local committee of a political party may, subject to State law, use exclusively funds that are not subject to the prohibitions, limitations, and reporting requirements of the Act for the purchase or construction of an ofRce building for such State or local committee.". TITLE II—NONCANDIDATE CAMPAIGN EXPENDITURES Subtitle A—Electioneering Communications SEC. 201. DISCLOSURE OF ELECTIONEERING COMMUNICATIONS. (a) IN GENERAL.—Section 304 of the Federal Election Campaign Act of 1971 (2 U.S.C. 434), as amended by section 103, is amended by adding at the end the following new subsection: "(f) DISCLOSURE OF ELECTIONEERING COMMUNICATIONS. — "(1) STATEMENT REQUIRED. —Every person who makes a disbursement for the direct costs of producing and airing electioneering communications in an aggregate amount in excess of $10,000 during any calendar year shall, within 24 hours of each disclosure date, file with the Commission a statement containing the information described in paragraph (2). "(2) CONTENTS OF STATEMENT.— Each statement required to be filed under this subsection shall be made under penalty of perjury and shall contain the following information: "(A) The identification of the person making the disbursement, of any person sharing or exercising direction or control over the activities of such person, and of the custodian of the books and accounts of the person making the disbursement. "(B) The principal place of business of the person making the disbursement, if not an individual. "(C) The amount of each disbursement of more than $200 during the period covered by the statement and the identification of the person to whom the disbursement was made. "(D) The elections to which the electioneering communications pertain and the names (if known) of the candidates identified or to be identified. "(E) If the disbursements were paid out of a segregated bank account which consists of funds contributed solely by individuals who are United States citizens or nationals or lawfully admitted for permanent residence (as defined in section 101(a)(20) of the Immigration and Nationality Act (8 U.S.C. 1101(a)(20))) directly to this account for electioneering communications, the names and addresses of all contributors who contributed an aggregate amount of $1,000 or more to that account during the period beginning on the first day of the preceding calendar year and

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