Amendment102nd Congress
An amendment to strike all existing provisions of the bill and to insert language which reduces the current limit on PAC contributions from $5,000 to $1,000; requires that at least half of a House candidate's campaign funds come from residents of any county within the congressional district; and bans "soft money" (indirect financial contributions) by requiring that payments for all mixed (federal and state) activities of state and local parties be subject to the spending limitations of federal election laws. The provisions of the substitute would be effective on January 1, 1992.
- Amendment Number
- 419
- Description
- An amendment to strike all existing provisions of the bill and to insert language which reduces the current limit on PAC contributions from $5,000 to $1,000; requires that at least half of a House candidate's campaign funds come from residents of any county within the congressional district; and bans "soft money" (indirect financial contributions) by requiring that payments for all mixed (federal and state) activities of state and local parties be subject to the spending limitations of federal election laws. The provisions of the substitute would be effective on January 1, 1992.
- Purpose
- Amendment in the nature of a substitute sought to reduce the amount which Political Action Committees (PACs) can contribute to House candidates from $5,000 to $1,000; require that at least one-half of their campaign funds be raised from local residents; ban "soft money" which is money given to State political parties for use in Federal elections; and provide for an effective date of Jan. 1, 1992.
- Congress
- 102
- Type
- HAMDT
- Latest Action Date
- Nov 25, 1991
- Latest Action Text
- On agreeing to the Michel amendment (A001) Failed by recorded vote: 165 - 265 (Roll no. 425).
- Latest Action Time
- 17:42:30
- Submitted Date
- Nov 25, 1991
- Chamber
- House of Representatives
- Update Date
- Jun 7, 2021