|
National
Key Vote
Campaign Reform Act of 2001
Project Vote Smart's Synopsis:
Vote to pass a bill that would implement reforms in the ways that politicians can raise money and regulate how unions, state political parties, and national political parties can distribute money to individual politicians.
Highlights:
-Bans soft money contributions to national political parties
-Limits contributions individuals can make to Senate candidates ($2,000 limit) and House candidates ($1,000 limit)
-Raises the limit on individual contributions to national party committees to $25,000 annually
-Raises the aggregate individual limit on all contributions to federal candidates, political action committees (PACs), and parties to $37,500 annually
-Raises the special limit on combined contributions to Senate candidates by national and senatorial party committees respectively to $35,000 during an election year
-Prohibits the use of corporate and labor union funds to purchase issue ads that specify individual candidates from being run 60 days prior to a general election and 30 days before a primary election
-Stipulates that soft money may comprise half of the total expenditures state and local parties use for voter registration and get-out-the-vote programs
Link to Legislation: http://thomas.loc.gov/cgi-bin/query/z?c107:hr2356:
House Passage: 02/14/2002 : Bill Passed: 240 - 189 (Roll no. 34) Senate Passage: 03/20/2002 : Bill Passed 60 - 40 (Record Vote Number 54) President Passage: 03/27/2002 : Signed Became Public Law Number 107-155
Sponsor: Rep. Shays, Christopher (R-CT) (out of office)
Cosponsors: Rep. Meehan, Martin (D-MA) (out of office)
|
PVS provides summaries for each version of the bill selected as a key vote. The summary does not necessarily reflect the final version of the bill. For further status information, call the Voter's Research Hotline at 1-888-VOTE-SMART (1-888-868-3762).
| 
Print
Share