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Public Campaign Financing Act of 2003

Introduced: April 30, 2003 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 30, 2003
Referred to the House Committee on House Administration.
Apr 30, 2003
Introduced in House
 Plain-English summary Congressional Research Service
Public Campaign Financing Act of 2003 - Amends the Federal Election Campaign Act of 1971 (FECA) to outline under a new title: (1) qualifications for public financing; (2) a prohibition against acceptance by qualifying House candidates of any contributions other than contributions from individuals that total not more than $100 per individual per election cycle, with an 80 percent in-State contribution requirement; (3) rules restricting public funding to specified purposes, such as buying broadcast time; (4) limitations on the maximum amount of public funding, which is set at $750,000 for qualifying House candidates; and (5) various specified requirements pertaining to television debates and radio and television advertising.

Authorizes the Federal Election Commission, in lieu of any report required to be filed by this Act, to allow a State committee of a political party to file with it a report required to be filed under State law if it determines such reports contain substantially the same information.

Prescribes reporting requirements about: (1) the election activity of persons other than political parties; and (2) contributions through intermediaries and conduits.

What's happening now April 30, 2003

Referred to the House Committee on House Administration.

 Committees of jurisdiction 1