H.R.3770 - Entitled, "The Fair & Competitive Election Act".102nd Congress (1991-1992)
|Sponsor:||Rep. Michel, Robert H. [R-IL-18] (Introduced 11/14/1991)|
|Committees:||House - House Administration|
|Latest Action:||11/14/1991 Referred to the House Committee on House Administration. (All Actions)|
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Summary: H.R.3770 — 102nd Congress (1991-1992)All Bill Information (Except Text)
Introduced in House (11/14/1991)
Amends the Federal Election Campaign Act of 1971 to prohibit candidates for the House of Representatives from accepting contributions from persons other than local individual residents totaling in excess of the total contributions accepted from local individual residents.
Limits contributions to candidates for Federal office by nonparty multicandidate political committees to $1,000.
Subjects to limitation and reporting requirements payments by a national committee of a political party or a State committee of a political party for a mixed political activity.
Repeals the office facility exception (building fund) from the definition of contribution.
Requires the deposit of excess funds of candidates for the House of Representatives into a separate account to be used for any lawful purpose other than for such candidate's election.