S.Amdt. 4467

The purpose of SA 4467 is to create a limitation on contributions to independent expenditure committees.

It aims to add the following to the bill:

• Changes to Section 315(a)(1)(C) of the Federal Election Campaign Act of 1971 to include "an independent expenditure committee" when referring to contributions.

• A new definition for independent expenditure committee, which is a political committee that:

  • Makes independent expenditures of $5,000 or more in a calendar year.
  • Makes contributions to other independent expenditure committees of $5,000 or more in a calendar year.
  • Includes accounts of a political committee set up to make independent expenditures or contributions to other committees making independent expenditures.

• An effective date stating these changes apply to contributions and independent expenditures starting in the first calendar year after the Act is enacted and every year after.