Page:United States Statutes at Large Volume 116 Part 1.djvu/123

 PUBLIC LAW 107-155—MAR. 27, 2002 116 STAT. 97 SEC. 304. MODIFICATION OF n«)IVIDUAL CONTRIBUTION LIMITS IN RESPONSE TO EXPENDITURES FROM PERSONAL FUNDS. (a) INCREASED LIMITS FOR INDIVIDUALS.— Section 315 of the Federal Election Campaign Act of 1971 (2 U.S.C. 441a) is amended— (1) in subsection (a)(1), by striking "No person" and inserting "Except as provided in subsection (i), no person"; and (2) by adding at the end the following: "(i) INCREASED LIMIT TO ALLOW RESPONSE TO EXPENDITURES FROM PERSONAL FUNDS. — " (1) INCREASE. — "(A) IN GENERAL.— Subject to paragraph (2), if the opposition personal funds amount with respect to a candidate for election to the office of Senator exceeds the threshold amount, the limit under subsection (a)(1)(A) (in this subsection referred to as the 'applicable limit') with respect to that candidate shall be the increased limit. " (B) THRESHOLD AMOUNT. — "(i) STATE-BY -STATE COMPETITIVE AND FAIR CAM- PAIGN FORMULA. —In this subsection, the threshold amount with respect to an election cycle of a candidate described in subparagraph (A) is an amount equal to the sum of— "(I) $150,000; and "(II) $0.04 multiplied by the voting age population. "(ii) VOTING AGE POPULATION.— In this subparagraph, the term 'voting age population' means in the case of a candidate for the office of Senator, the voting age population of the State of the candidate (as certified under section 315(e)). "(C) INCREASED LIMIT. —Except as provided in clause (ii), for purposes of subparagraph (A), if the opposition personal funds amount is over— "(i) 2 times the threshold amount, but not over 4 times that amount— "(I) the increased limit shall be 3 times the applicable limit; and "(II) the limit under subsection (a)(3) shall not apply with respect to any contribution made with respect to a candidate if such contribution is made under the incresised limit of subparagraph (A) during a period in which the candidate may accept such a contribution; "(ii) 4 times the threshold amount, but not over 10 times that amount— "(I) the increased limit shall be 6 times the applicable limit; and "(II) the limit under subsection (a)(3) shall not apply with respect to any contribution made with respect to a candidate if such contribution is made under the increased limit of subparagraph (A) during a period in which the candidate may accept such a contribution; and "(iii) 10 times the threshold amount—

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