Page:United States Statutes at Large Volume 88 Part 1.djvu/1331

 88 STAT. ]

PUBLIC LAW 93-443-OCT. 15, 1974

(B) by striking out "him" in paragraph (4) and inserting in lieu thereof "it"; and (10) by amending subsection (c) of section 316 (as redesignated by subsection (a) of this section) — (A) by striking out "Comptroller General" each place it appears therein and inserting in lieu thereof "Commission" and striking out "his" in the second sentence of such subsection and inserting in lieu thereof "its"; and (B) by striking out the last sentence thereof; and (11) by striking out "a supervisory officer" in section 317(a) of such Act (as redesignated by subsection (a) of this Act) and inserting in lieu thereof "the Commission". DUTIES AND

1287

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REGULATIONS

SEC. 209. (a)(1) Section 316(a) of the Federal Election Campaigii Act of 1971 (as redesignated and amended by section 208(a) of this Act), relating to duties of the Commission, is amended by striking out paragraphs (6), (7), (8), (9), and (10), and by redesignating paragraphs (11), (12), and (13) as paragraphs (8), (9), and (10), respectively, and by inserting immediately after paragraph (5) the following new paragraphs: " (6) to compile and maintain a cumulative index of reports and statements filed with it, which shall be published in the Federal Register at regular intervals and which shall be available for purchase directly or by mail for a reasonable price; "(7) to prepare and publish from time to time special reports listing those candidates for whom reports were filed as required by this title and those candidates for whom such reports were not filed as so required;". (2) Notwithstanding section 308(a)(7) of the Federal Election Campaign Act of 1971 (relating to an annual report by the supervisory officer), as in effect on the day before the effective date of the amendments made by paragraph (1) of this subsection, no such amiual report shall be required with respect to any calendar year beginning after December 31, 1972. (b)(1) Section 316(a) (10) of the Federal Election Campaign Act of 1971 (as so redesignated by subsection (a) of this section), relating to the prescription of rules and regulations, is amended by inserting before the period at the end thereof the following: ", in accordance with the provisions of subsection (c)". (2) Such section 316 is amended— (A) by striking out subsection (b) and subsection (d); by redesignating subsection (c) as subsection (b); and (B) by adding at the end thereof the following new subsections: " (c)(1) The Commission, before prescribing any rule or regulation under this section, shall transmit a statement with respect to such rule or regulation to the Senate or the House of Representatives, as the case may be, in accordance with the provisions of this subsection. Such statement shall set forth the proposed rule or regulation and shall contain a detailed explanation and justification of such rule or regulation. " (2) If the appropriate body of the Congress which receives a statement from the Commission under this subsection does not, through appropriate action, disapprove the proposed rule or regulation set forth in such statement no later than 30 legislative days after receipt of such statement, then the Commission may prescribe such rule or regulation. I n the case of any rule or regulation proposed to deal with reports or

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Presidential

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