Stopping Corrupt Actors from Making Political Action Committees Act
A BILL
To prohibit the disbursement of funds to entities owned or controlled by individuals with executive or managerial authority over the operations of political committees, and for other purposes.
Sec. 2 Prohibition on disbursement of funds to entities owned or controlled by individuals with authority over operations of political committees
“(j)
“(1) Except as provided in paragraphs (3) and (4), during a reporting period covered by a report filed by a political committee under section 304, the committee may not make disbursements to an entity owned or controlled in whole or in part by an individual, or by an immediate family member of an individual—
“(A) who is authorized to carry out executive or managerial authority over the operation of the committee;
“(B) who is authorized to solicit or disburse funds for or on behalf of the committee; or
“(C) who is an employee of the committee (whether paid or unpaid) and who provides the committee with professional services (other than accounting or legal services) relating to the committee’s campaign or fundraising strategy.
“(2) A political committee may not employ or allow to volunteer on behalf of the committee an individual who owns or controls an entity that has accepted disbursements made from any political committee in violation of paragraph (1).
“(3) Paragraph (1) does not apply with respect to disbursements made by a political committee during the reporting period covered by a report filed by the committee under section 304 if the committee includes in the report a true and accurate certification, under penalty of perjury, that a majority of the funds disbursed by the committee during the period were for expenses other than administrative costs, fundraising costs, and salaries of employees of the committee.
“(4) Paragraph (1) does not apply with respect to the following:
“(A) An authorized committee of a candidate.
“(B) A committee of a political party.
“(C) A separate segregated fund of a corporation or labor organization under section 316(b)(2)(C).
“(5) In this subsection, the term immediate family member means, with respect to an individual, a parent, parent-in law, grandparent, child, child-in law, grandchild, spouse, or sibling.”