To amend the Federal Election Campaign Act of 1971 to promote the disclosure of contributions and expenditures made with respect to campaigns for election for Federal office, to ban the use of soft money with respect to such campaigns, and for other purposes.
Federal Election Campaign Reform Act of 1997 - Amends the Federal Election Campaign Act of 1971 to lower the monetary threshold requirements with respect to: (1) political committee contribution and expenditure recordkeeping and reporting; and (2) independent expenditure reporting.
Subjects payments by national and State political party committees for mixed political activities (soft money) to account and expenditure limitation and reporting requirements.
Provides for limitation indexing.
Prohibits contributions by noncitizens.
Revises the definition of "independent expenditure" for disclosure purposes.
Introduced in House
Introduced in House
Referred to the House Committee on House Oversight.
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