S.600 - A bill to amend the Federal Election Campaign Act of 1971 to enhance criminal penalties for election law violations, to clarify current provisions of law regarding donations from foreign nationals, and for other purposes.107th Congress (2001-2002)
|Sponsor:||Sen. Thompson, Fred [R-TN] (Introduced 03/22/2001)|
|Committees:||Senate - Rules and Administration|
|Latest Action:||03/22/2001 Read twice and referred to the Committee on Rules and Administration. (text of measure as introduced: CR S2774-2775) (All Actions)|
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Summary: S.600 — 107th Congress (2001-2002)All Bill Information (Except Text)
Amends the Federal Election Campaign Act of 1971 (FECA) to increase from one year to five years the maximum imprisonment for knowing and willful prohibited transactions aggregating $25,000 or more during a calendar year. Extends the statute of limitations from three to five years.
Introduced in Senate (03/22/2001)
Directs the U.S. Sentencing Commission to: (1) promulgate a guideline, or amend an existing guideline, for penalties under FECA and related election laws; and (2) submit to Congress an explanation of any such guidelines and any legislative or administrative recommendations regarding enforcement.
Amends FECA to extend the prohibition against campaign contributions by foreign nationals to domestic subsidiaries of foreign nationals, unless the subsidiary can demonstrate through a reasonable accounting method that it has sufficient funds other than those given or loaned by its foreign national parent from which the contribution or donation is made.
Extends to donations the prohibition against contributions in the name of another.