A bill to amend the Federal Election Campaign Act of 1971 to reduce the number of members of the Federal Election Commission from 6 to 5, to revise the method of selection and terms of service of members of the Commission, to distribute the powers of the Commission between the Chair and the remaining members, and for other purposes.
Campaign Finance Transparency Act
This bill revises the composition of the Federal Election Commission by reducing the number of members from six to five with no more than two members allowed to be affiliated with the same party. As under current law, members are appointed by the President with the advice and consent of the Senate. The bill requires the President convene a blue ribbon panel to recommend individuals for appointment as a member of the commission. The bill provides for the appointment of a chair and for powers of the chair and the commission.
The bill also revises provisions related to the enforcement of election law violations, audits of political committees, conversion of campaign funds, and other matters.
Referred to the House Committee on House Administration.
Read twice and referred to the Committee on Rules and Administration.
Introduced in Senate
Read twice and referred to the Committee on Rules and Administration.
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