Insular Areas and Freely Associated States Energy Developmentby Representative John A. Boehner
Posted on 2014-12-11
BOEHNER. Mr. Speaker, the intent of Division N, Section 101 is to
establish separate limits for funds raised into separate, segregated
accounts established by national political party committees for certain
specified purposes. All of these funds are ``hard money'' subject to
all of the source limitations, prohibitions, and disclosure provisions
of the Act.
The first account, described in section 315(a)(9)(A) of the Federal Election Campaign Act of 1971 (``FECA'') (as amended), is intended to allow a national committee of a political party (other than a national congressional campaign committee) to defray expenses related to a presidential nominating convention using funds raised under separate, increased limits. Section 315(a)(9)(A) also caps the aggregate amount of expenditures a national political party committee may make from such account with respect to any convention at $20,000,000. This section is intended to provide national political party committees with a means of acquiring additional resources to be used specifically in connection with the funding of presidential nominating conventions because such conventions may no longer be paid for with public funds. It is the intent to allow these funds to be used in the same manner as the former public funds could have been used, as well as to pay for the costs of fundraising for this segregated account.
The second account, described in section 315(a)(9)(B) of FECA (as amended), is intended to permit a national committee of a political party (including a national congressional campaign committee of a political party) to defray expenses incurred with respect to the construction, purchase, renovation, operation and furnishing of party headquarters buildings located throughout the United States, including the cost of fundraising for this segregated account, using funds raised under separate, increased limits. Funds in these accounts also may be used to repay loans and other obligations incurred for the purpose of defraying such building expenses, including loans and obligations incurred two years before the date of the enactment of this Act.
The third account, described in section 315(a)(9)(C) of FECA (as amended), is intended to permit a national committee of a political party (including a national congressional campaign committee of a political party) to defray expenses incurred with respect to the preparation for and the conduct of election recounts and contests and other legal proceedings, including the costs of fundraising for this segregated account, using funds raised under a separate limit Section 101 of Division N is not intended to modify Federal Election Commission precedent permitting the raising and spending of funds by campaign or state or national party committees. See FEC Advisory Opinions 2006-24, 2009-4. Section 101 is also intended to permit the national parties to use such funds for costs, fees, and disbursements associated with other legal proceedings.
Finally, under current law coordinated limits do not apply even absent these provisions to the existing accounts as described in section 315 of FECA and therefore it is the intent of the amendments contained herein that expenditures made from the accounts described in section 315(a)(9) of FECA, many of which (such as recount and legal proceeding expenses) are not for the purpose of influencing federal elections, do not count against the coordinated party expenditure limits described in section 315(d) of FECA.