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I
118TH CONGRESS
1ST SESSION H. R. 2484
To amend the Federal Election Campaign Act of 1971 to require authorized
committees and leadership PACs of candidates for election for Federal
office to disburse funds remaining unexpended after the date of the
election involved, and for other purposes.
IN THE HOUSE OF REPRESENTATIVES
APRIL 6, 2023
Ms. CASTOR of Florida (for herself, Mr. BILIRAKIS, and Mr. RASKIN) intro-
duced the following bill; which was referred to the Committee on the Ju-
diciary, and in addition to the Committee on House Administration, for
a period to be subsequently determined by the Speaker, in each case for
consideration of such provisions as fall within the jurisdiction of the com-
mittee concerned
A BILL
To amend the Federal Election Campaign Act of 1971 to
require authorized committees and leadership PACs of
candidates for election for Federal office to disburse
funds remaining unexpended after the date of the elec-
tion involved, and for other purposes.
Be it enacted by the Senate and House of Representa-
1
tives of the United States of America in Congress assembled,
2
SECTION 1. SHORT TITLE.
3
This Act may be cited as the ‘‘Honest Elections and
4
Campaign, No Gain Act’’.
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•HR 2484 IH
SEC. 2. REQUIRING AUTHORIZED COMMITTEES OF CAN-
1
DIDATES TO DISBURSE FUNDS REMAINING
2
UNEXPENDED AFTER DATE OF ELECTION.
3
(a) REQUIRING DISBURSEMENT.—Title III of the
4
Federal Election Campaign Act of 1971 (52 U.S.C. 30101
5
et seq.) is amended by inserting after section 303 the fol-
6
lowing new section:
7
‘‘SEC. 303A. DISBURSEMENT OF FUNDS REMAINING UNEX-
8
PENDED AFTER DATE OF ELECTION.
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‘‘(a) REQUIRING DISBURSEMENT.—
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‘‘(1) IN GENERAL.—Each authorized committee
11
or leadership PAC of a candidate shall, in accord-
12
ance with subsection (b) and prior to the expiration
13
of the applicable disbursement period, disburse any
14
funds of the committee or PAC before the earliest
15
of—
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‘‘(A) the last day of the applicable dis-
17
bursement period;
18
‘‘(B) the date on which the candidate first
19
makes a lobbying contact or is employed or re-
20
tained to make a lobbying contact that would
21
require registration under section 4 of the Lob-
22
bying Disclosure Act of 1995 (2 U.S.C. 1603);
23
or
24
‘‘(C) the date on which the candidate be-
25
comes an agent of a foreign principal that
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•HR 2484 IH
would require registration under section 2 of
1
the Foreign Agents Registration Act of 1938,
2
as amended (22 U.S.C. 612).
3
‘‘(2) EXCEPTION
FOR
CANDIDATES
IN
NEXT
4
ELECTION.—Paragraph (1) does not apply to the
5
committee or PAC of a candidate who, prior to the
6
first day of the applicable disbursement period, pro-
7
vides the appropriate State election official with the
8
information and fees (if any) required under State
9
law for the individual to qualify as a candidate for
10
the next election for the office sought by the can-
11
didate or the next election for another Federal of-
12
fice.
13
‘‘(3) APPLICABLE DISBURSEMENT PERIOD.—In
14
this subsection, the ‘applicable disbursement period’
15
is, with respect to a candidate seeking election for
16
an office, the 2-year period which begins on the day
17
after the latest date on which an individual may pro-
18
vide the appropriate State election official with the
19
information and fees (if any) required under State
20
law for the individual to qualify as a candidate for
21
the next election for such office.
22
‘‘(b) RULES FOR DISBURSEMENT OF FUNDS.—
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‘‘(1) PAYMENT OF OBLIGATIONS.—In carrying
24
out subsection (a), an authorized committee or lead-
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•HR 2484 IH
ership PAC shall first disburse funds to pay obliga-
1
tions incurred in connection with the operation of
2
the committee.
3
‘‘(2) OTHER PERMITTED DISBURSEMENTS.—If,
4
after disbursing all of the funds necessary to pay ob-
5
ligations under paragraph (1), funds of a committee
6
or PAC remain unexpended, the committee or PAC
7
may only disburse the funds for any of the following
8
purposes, in such manner and combination as the
9
committee or PAC considers appropriate:
10
‘‘(A) To return to any person a contribu-
11
tion the person made to the committee or PAC.
12
‘‘(B) To make a contribution to an organi-
13
zation described in section 170(c) of the Inter-
14
nal Revenue Code of 1986.
15
‘‘(C) To make a transfer without limitation
16
to a national, State, or local committee of a po-
17
litical party.
18
‘‘(c) RESTRICTIONS
ON DISBURSEMENT
TO REL-
19
ATIVES.—
20
‘‘(1) RESTRICTION.—In disbursing funds pur-
21
suant to the requirements of this section, an author-
22
ized committee or leadership PAC may not disburse
23
funds to a relative of the candidate unless the funds
24
are disbursed to pay an obligation of the committee
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•HR 2484 IH
as described in paragraph (1) of subsection (b)
1
which is reported by the committee or PAC as a dis-
2
bursement under section 304(b)(5) or which would
3
be so reported if the amount of the disbursement
4
were in excess of $200.
5
‘‘(2) RELATIVE DEFINED.—In this subsection,
6
the term ‘relative’ means, with respect to a can-
7
didate, an individual who is related to the candidate
8
as father, mother, son, daughter, brother, sister,
9
uncle, aunt, first cousin, nephew, niece, husband,
10
wife, father-in-law, mother-in-law, son-in-law, daugh-
11
ter-in-law, brother-in-law, sister-in-law, stepfather,
12
stepmother, stepson, stepdaughter, stepbrother, step-
13
sister, half brother, or half sister.
14
‘‘(d) DEFINITION.—In this section, the term ‘leader-
15
ship PAC’ has the meaning given such term in section
16
304(i)(8)(B).’’.
17
(b) CONFORMING AMENDMENT RELATING TO PER-
18
MITTED USES OF CONTRIBUTIONS.—Section 313(a) of
19
such Act (52 U.S.C. 30114(a)) is amended by striking ‘‘A
20
contribution’’ and inserting ‘‘Subject to section 303A, a
21
contribution’’.
22
(c) EFFECTIVE DATE.—The amendments made by
23
this section shall apply with respect to the regularly sched-
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•HR 2484 IH
uled general election for Federal office held in November
1
2024 and each succeeding election for Federal office.
2
SEC. 3. REQUIRING FORMER CANDIDATES SERVING AS
3
REGISTERED LOBBYISTS TO CERTIFY COM-
4
PLIANCE WITH DISBURSEMENT REQUIRE-
5
MENTS.
6
(a) CERTIFICATION OF COMPLIANCE.—Section 4(b)
7
of the Lobbying Disclosure Act of 1995 (2 U.S.C.
8
1603(b)) is amended—
9
(1) by striking ‘‘and’’ at the end of paragraph
10
(6);
11
(2) by striking the period at the end of para-
12
graph (7) and inserting ‘‘; and’’; and
13
(3) by inserting after paragraph (7) the fol-
14
lowing new paragraph:
15
‘‘(8) in the case of an individual who was a can-
16
didate for election for Federal office, a certification
17
(under penalty of perjury) that each authorized com-
18
mittee and leadership PAC (as defined in section
19
304(i)(8)(B) of the Federal Election Campaign Act
20
of 1971) of the individual is in compliance with sec-
21
tion 303A of the Federal Election Campaign Act of
22
1971 (relating to the disbursement of funds of the
23
committee or leadership PAC which remain unex-
24
pended after the date of the election).’’.
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•HR 2484 IH
(b) EFFECTIVE DATE.—The amendment made by
1
subsection (a) shall apply with respect to registration
2
statements filed under section 4(a) of the Lobbying Dis-
3
closure Act on or after the date of the regularly scheduled
4
general election for Federal office held in November 2024.
5
SEC. 4. REQUIRING FORMER CANDIDATES SERVING AS
6
FOREIGN AGENTS TO CERTIFY COMPLIANCE
7
WITH DISBURSEMENT REQUIREMENTS.
8
(a) CERTIFICATION OF COMPLIANCE.—Section 2(a)
9
of the Foreign Agents Registration Act of 1938, as
10
amended (22 U.S.C. 612(a)) is amended—
11
(1) by redesignating paragraphs (10) and (11)
12
as paragraphs (11) and (12); and
13
(2) by inserting after paragraph (9) the fol-
14
lowing new paragraph:
15
‘‘(10) In the case of an individual who was a
16
candidate for election for Federal office, a certifi-
17
cation (under penalty of perjury) that each author-
18
ized committee and leadership PAC (as defined in
19
section 304(i)(8)(B) of the Federal Election Cam-
20
paign Act of 1971) of the individual is in compliance
21
with section 303A of the Federal Election Campaign
22
Act of 1971 (relating to the disbursement of funds
23
of the committee or leadership PAC which remain
24
unexpended after the date of the election).’’.
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•HR 2484 IH
(b) EFFECTIVE DATE.—The amendment made by
1
subsection (a) shall apply with respect to registration
2
statements filed under section 2 of the Foreign Agents
3
Registration Act of 1938, as amended on or after the date
4
of the regularly scheduled general election for Federal of-
5
fice held in November 2024.
6
Æ
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