Page:United States Statutes at Large Volume 88 Part 1.djvu/1343

 88 STAT. ]

PUBLIC LAW 93-443-OCT. 15, 1974

1299

nomination of any person for election to the office of President of the United States. "(9) The term 'qualified campaign expense' means a purchase, payment, distribution, loan, advance, deposit, or gift of money or of anything of value— " (A) incurred by a candidate, or by his authorized committee, in connection with his campaign for nomination for election, and " (B) neither the incurring nor payment of which constitutes a violation of any law of the United States or of the State in which the expense is incurred or paid. For purposes of this paragraph, an expense is incurred by a candidate or by an authorized committee if it is incurred by a person specifically authorized in writing by the candidate or committee, as the case may be, to incur such expense on behalf of the candidate or the committee. "(10) The term 'State" means each State of the United States and the District of Columbia. "SEC. 9033. ELIGIBILITY FOR PAYMENTS.

"(a) CONDITIONS.—To be eligible to receive payments under section 9037, a candidate shall, in writing— "(1) agree to obtain and furnish to the Commission any evidence it may request of qualified campaign expenses, "(2) agree to keep and furnish to the Commission any records, books, and other information it may request, and "(3) agree to an audit and examination by the Commission under section 9038 and to pay any amounts required to be paid under such section. "(b)

26 USC 9033.

^os^ p- i3oo.

EXPENSE LIMITATION; DECLARATION OF I N T E N T; MINIMUM

CONTRIBUTIONS.—To be eligible to receive payuients under section 9037, a candidate shall certify to the Commission that— "(1) the candidate and his authorized committees will not incur qualified campaign expenses in excess of the limitation on such expenses under section 9035, "(2) the candidate is seeking nomination by a political paity for election to the office of President of the United States, "(3) the candidate has received matching contributions which in the aggregate, exceed $5,000 in contributions from residents of each of at least 20 States, and "(4) the aggregate of contributions certified with respect to any person under paragraph (3) does not exceed $250. "SEC. 9034. ENTITLEMENT OF ELIGIBLE CANDIDATES TO PAYMENTS.

" (a) IN GENERAL.—Every candidate who is eligible to receive payments under sexition 9033 is entitled to payments under section 9037 in an amount equal to the amount of each contribution received by such candidate on or after the beginning of the calendar year immediately preceding the calendar year of the presidential election with respect to which such candidate is seeking nomination, or by his authorized committees, disregarding any amount of contributions from any person to the extent that the total of the amounts contributed by such person on or after the beginning of such preceding calendar year exceeds $250. For purposes of this subsection and section 9033(b), the term 'contribution means a gift of money made by a written instrument which identifies the person making the contribution by full name and mailing address, but does not include a subscription, loan, advance, or deposit of money, or anything of value or anything described in subparagraph (B), (C), o r (D) of section 9032(4).

26 USC 9034.

'Contribution.

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