Section 1 Short title
This Act may be cited as the “Expanding Transparency for Hidden Independent Campaign Spending Act” or the “Ethics Act”.
Expanding Transparency for Hidden Independent Campaign Spending Act
A BILL
To amend the Federal Election Campaign Act of 1971 to require all political committees to file separate reports for contributions of $1,000 or more which are received fewer than 20 days before the date of any election in which the committee makes a contribution, expenditure, independent expenditure or electioneering communication on behalf of a candidate or political party in the election, and for other purposes.
Sec. 2 Requiring all political committees to file separate reports for contributions received fewer than 20 days before election in which committee makes contributions or expenditures on behalf of a candidate or political party
Requirement— Section 304(a)(6)(A) of the Federal Election Campaign Act of 1971 (52 U.S.C. 30104(a)(6)(A)) is amended by striking the first sentence and inserting the following: “Each committee shall notify the Commission in writing of any contribution of $1,000 or more received by the committee after the 20th day, but more than 48 hours before, any election in which the committee makes a contribution to, or expenditure (including an independent expenditure) or electioneering communication (as defined in subsection (f)) on behalf of, a candidate or political committee of a political party in such election.”.
Effective date— The amendment made by subsection (a) shall apply with respect to elections occurring after the expiration of the 48-hour period which begins on the date of the enactment of this Act.