Page:United States Statutes at Large Volume 93.djvu/1386

 93 STAT. 1354

Independent expenditures in excess of $250.

Statement filing.

Indexing requirement.

PUBLIC LAW 96-187—JAN. 8, 1980

conditions under which such debts or obligations were extinguished and the consideration therefor. "(c)(1) Every person (other than a political committee) who makes independent expenditures in an aggregate amount or value in excess of $250 during a calendar year shall file a statement containing the information required under subsection OJXSXA) for all contributions received by such person. "(2) Statements required to be filed by this subsection shall be filed in accordance with subsection (a)(2), and shall include— "(A) the information required by subsection OiXBXBXiii), indicating whether the independent expenditure is in support of, or in opposition to, the candidate involved; "(B) under penalty of perjury, a certification whether or not such independent expenditure is made in cooperation, consultation, or concert, with, or at the request or suggestion of, any candidate or any authorized committee or agent of such candidate; and "(C) the identification of each person who made a contribution in excess of $200 to the person filing such statement which was made for the purpose of furthering an independent expenditure. Any independent expenditure (including those described in subsection (b)(BXBXiii)) aggregating $1,000 or more made after the 20th day, but more than 24 hours, before any election shall be reported within 24 hours after such independent expenditure is made. Such statement shall be filed with the Clerk, the Secretary, or the Commission and the Secretary of State and shall contain the information required by subsection (b)(6)(B)(iii) indicating whether the independent expenditure is in support of, or in opposition to, the candidate involved. "(3) The Commission shall be responsible for expeditiously preparing indices which set forth, on a candidate-by-candidate basis, all independent expenditures separately, including those reported under subsection (b)(6)(B)(iii), made by or for each candidate, as reported under this subsection, and for periodically publishing such indices on a timely pre-election bsisis.". FEDERAL ELECTION COMMISSION

2 USC 435, 436, 437b, 437e, 439b, 441j. 2 USC 487. 2 USC 437c, 437d.

2 USC

437f-439a. 2 USC 439c-441i.

SEC. 105. Title III of the Act (2 U.S.C. 431 et seq.) is amended— (1) by striking out sections 305, 306, 308, 311, 318, and 329; (2) by redesignating section 307 as section 305; (3) by redesignating sections 309 and 310 as sections 306 and 307, respectively; (4) by redesignating sections 312 through 317 as sections 308 through 313, respectively; (5) by redesignating sections 319 through 328 as sections 314 through 323, respectively; and (6) by amending section 306, as so redesignated by section 105(a)(3), to read as follows: FEDERAL ELECTION COMMISSION

Members. 2 USC 437c.

"SEC. 306. (a)(1) There is established a commission to be known as the Federal Election Commission. The Commission is composed of the Secretary of the Senate and the Clerk of the House of Representatives or their designees, ex officio and without the right to vote, and 6 members appointed by the President, by and with the advice and consent of the Senate. No more than 3 members of the Commission

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