A bill to amend the Federal Election Campaign Act of 1971 to provide for its administration by a Federal Election Commission appointed in accordance with the requirements of the Constitution.

Amends the Federal Election Campaign Act of 1971 to establish as an independent establishment of the Executive branch the Federal Election Commission whose members are the Secretary of the Senate (ex officio), the Clerk of the House (ex officio), and six members appointed by the President with the advice and consent of the Senate. States that no more than three members appointed by the President may be affiliated with the same party.