All Campaign funds Legislation - Federal Government
H.R.6296 - To extend through 2013 the authority of the Federal Election Commission to impose civil money penalties on the basis of a schedule of penalties established and published by the Commission.
Latest Action: 07/16/2008 - Received in the Senate and Read twice and referred to the Committee on Rules and Administration. Bill Text To extend through 2013 the authority of the Federal Election Commission to impose civil money penalties on the basis of a schedule of penalties established and published by the Commission. 7/15/2008--Passed House without amendment. (There is 1 other summary)
(This measure has not been amended since it was introduced. The summary of that version is repeated here.) Amends the Federal Election Campaign Act of 1971 to extend through calendar 2013 the authority of the Federal Election Commission (FEC) to impose civil monetary penalties. Comment on Bill S.3033 - A bill to protect investors by fostering transparency and accountability of attorneys in private securities litigation.
Latest Action: 05/19/2008 - Sponsor introductory remarks on measure. (CR S4376-4377) Bill Text A bill to protect investors by fostering transparency and accountability of attorneys in private securities litigation. 5/19/2008--Introduced. Securities Litigation Attorney Accountability and Transparency Act - Amends the Securities Exchange Act of 1934 and the Securities Act of 1933 to require plaintiff and plaintiff's attorney to provide sworn, signed certifications that identify any actual or promised payment by the attorney to the plaintiff, beyond the plaintiff's pro rata share of any recovery.Requires similar plaintiff and plaintiff's attorney certifications regarding: (1) legal representations; (2) contributions; and (3) conflicts of interest.Requires the court, in exercising discretion over the approval of lead counsel, to employ a competitive bidding process as one of the criteria (unless the court determines that such a process is not feasible). Instructs the Comptroller General to study and report to certain congressional committees on average [...] show full description H.R.5463 - To protect investors by fostering transparency and accountability of attorneys in private securities litigation.
Latest Action: 03/25/2008 - Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises. Bill Text To protect investors by fostering transparency and accountability of attorneys in private securities litigation. 2/14/2008--Introduced. Securities Litigation Attorney Accountability and Transparency Act - Amends the Securities Exchange Act of 1934 and the Securities Act of 1933 to state that, in any private action in which the court enters a final judgment against plaintiff on the basis of a motion to dismiss, motion for summary judgment, or a trial on the merits, the court shall, upon defendant's motion, determine whether: (1) the position of the plaintiff was not substantially justified; (2) imposition of fees and expenses on the plaintiff's attorney would be just; and (3) the cost of such fees and expenses to the defendant is substantially burdensome or unjust.Requires the court to award the defendant reasonable fees and other expenses, and impose such fees and expenses on the plaintiff's attorney, if the court makes positive determinations in such a case.Places [...] show full description S.2412 - A bill to amend the Internal Revenue Code of 1986 to reform the system of public financing for Presidential elections, and for other purposes.
Latest Action: 12/05/2007 - Sponsor introductory remarks on measure. (CR S14790-14791) Bill Text A bill to amend the Internal Revenue Code of 1986 to reform the system of public financing for Presidential elections, and for other purposes. 12/5/2007--Introduced. Presidential Funding Act of 2007 - Amends Internal Revenue Code provisions relating to public financing of presidential election campaigns to: (1) quadruple (1:1 to 4:1) the matching rate for contributions to primary election candidates; (2) lower from $250 to $200 the limit on individual campaign contributions; (3) increase the presidential primary qualifying threshold from $5,000 to $25,000 in 20 states; (4) require presidential candidates to participate in the primary payment system to be eligible for general election payments; (5) move the starting date for payments to primary candidates from January 1 of a presidential election year to six months before the earliest state primary election; (6) allow additional payments and increased expenditure limits for candidates who face opponents who do not participate [...] show full description H.R.4294 - To amend the Internal Revenue Code of 1986 to reform the system of public financing for Presidential elections, and for other purposes.
Latest Action: 12/05/2007 - Referred to the Committee on House Administration, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the comm Bill Text To amend the Internal Revenue Code of 1986 to reform the system of public financing for Presidential elections, and for other purposes. 12/5/2007--Introduced. Presidential Funding Act of 2007 - Amends Internal Revenue Code provisions relating to public financing of presidential election campaigns to: (1) quadruple (1:1 to 4:1) the matching rate for contributions to primary election candidates; (2) lower from $250 to $200 the limit on individual campaign contributions; (3) increase the presidential primary qualifying threshold from $5,000 to $25,000 in 20 states; (4) require presidential candidates to participate in the primary payment system to be eligible for general election payments; (5) move the starting date for payments to primary candidates from January 1 of a presidential election year to six months before the earliest state primary election; (6) allow additional payments and increased expenditure limits for candidates who face opponents who do not participate in public [...] show full description H.R.4298 - To direct the Federal Trade Commission to revise the regulations regarding the do-not-call registry to prohibit politically-oriented recorded message telephone calls to telephone numbers listed on that registry.
Latest Action: 12/05/2007 - Referred to the Subcommittee on Commerce, Trade and Consumer Protection. Bill Text To direct the Federal Trade Commission to revise the regulations regarding the do-not-call registry to prohibit politically-oriented recorded message telephone calls to telephone numbers listed on that registry. 12/5/2007--Introduced.
Directs the Federal Trade Commission (FTC) to revise the do-not-call registry provisions of the Telemarketing Sales Rule to prohibit politically-oriented recorded message telephone calls to telephone numbers listed on that registry. Defines politically-oriented recorded message telephone call. H.J.RES.61 - Proposing an amendment to the Constitution of the United States relating to contributions and expenditures intended to affect elections.
Latest Action: 11/02/2007 - Referred to the Subcommittee on the Constitution, Civil Rights, and Civil Liberties. Bill Text Proposing an amendment to the Constitution of the United States relating to contributions and expenditures intended to affect elections. 10/31/2007--Introduced.
Constitutional Amendment - States that Congress shall have the power to regulate the raising and spending of money, including through setting limits, for campaigns for nomination for election to, or for election to, federal office. Gives a state the power to regulate the raising and spending of money for state or local ballot initiatives, referenda, plebiscites, or other similar ballot measures and campaigns for nomination for election to, or for election to, state or local office. Gives Congress the power to implement and enforce this article by appropriate legislation. H.R.3931 - To protect investors by fostering transparency and accountability of attorneys in private securities litigation.
Latest Action: 03/25/2008 - Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises. Bill Text To protect investors by fostering transparency and accountability of attorneys in private securities litigation. 10/23/2007--Introduced. Securities Litigation Attorney Accountability and Transparency Act - Amends the Securities Exchange Act of 1934 and the Securities Act of 1933 to state that, in any private action in which the court enters a final judgment against plaintiff on the basis of a motion to dismiss, motion for summary judgment, or a trial on the merits, the court shall, upon defendant's motion, determine whether: (1) the position of the plaintiff was not substantially justified; (2) imposition of fees and expenses on the plaintiff's attorney would be just; and (3) the cost of such fees and expenses to the defendant is substantially burdensome or unjust.Requires the court to award the defendant reasonable fees and other expenses, and impose such fees and expenses on the plaintiff's attorney, if the court makes positive determinations in such a case.Places [...] show full description S.J.RES.21 - A joint resolution proposing an amendment to the Constitution of the United States relating to contributions and expenditures intended to affect elections.
Latest Action: 10/18/2007 - Read twice and referred to the Committee on the Judiciary. (text of measure as introduced: CR S13099) Bill Text A joint resolution proposing an amendment to the Constitution of the United States relating to contributions and expenditures intended to affect elections. 10/18/2007--Introduced.
Constitutional Amendment - States that Congress shall have the power to regulate the raising and spending of money, including through setting limits, for campaigns for nomination for election to, or for election to, federal office. Gives a state the power to regulate the raising and spending of money for state or local ballot initiatives, referenda, plebiscites, or other similar ballot measures and campaigns for nomination for election to, or for election to, state or local office. Gives Congress the power to implement and enforce this article by appropriate legislation. H.R.3792 - To amend the Federal Election Campaign Act of 1971 to repeal the limitation on party expenditures on behalf of candidates in general elections.
Latest Action: 10/10/2007 - Referred to the House Committee on House Administration. Bill Text To amend the Federal Election Campaign Act of 1971 to repeal the limitation on party expenditures on behalf of candidates in general elections. 10/10/2007--Introduced.
Campaign Accountability Act of 2007 - Amends the Federal Election Campaign Act of 1971 to repeal the limitation on party expenditures on behalf of candidates in general elections. H.R.3771 - To amend the Internal Revenue Code of 1986 to provide that the graduated income tax rates that apply to principal campaign committees of candidates for Congress shall apply to all comparable committees of candidates for State and local offices.
Latest Action: 10/04/2007 - Referred to the House Committee on Ways and Means. Bill Text To amend the Internal Revenue Code of 1986 to provide that the graduated income tax rates that apply to principal campaign committees of candidates for Congress shall apply to all comparable committees of candidates for State and local offices. 10/4/2007--Introduced. State and Local Candidate Fairness Act of 2007 - Amends the Internal Revenue Code to provide that the graduated income tax rates applicable to principal campaign committees of candidates for Congress shall also apply to all comparable committees of candidates for state and local offices. H.R.3714 - To amend the Federal Election Campaign Act of 1971 to repeal restrictions relating to electioneering communications, and for other purposes.
Latest Action: 10/01/2007 - Referred to the House Committee on House Administration. Bill Text To amend the Federal Election Campaign Act of 1971 to repeal restrictions relating to electioneering communications, and for other purposes. 10/1/2007--Introduced.
Freedom of Political Speech Act of 2007 - Amends the Bipartisan Campaign Reform Act of 2002 to repeal: (1) disclosure requirements about disbursements for electioneering communications; and (2) the exception from the prohibition against such disbursements, directly or indirectly, by national banks, corporations, labor unions, or foreign nationals, in the case of disbursements from a segregated account to which individual U.S. citizens or lawful resident aliens have contributed for the express purpose of making such disbursements. H.R.3492 - To amend the Federal Election Campaign Act of 1971 to increase the limits on the amount of contributions that may be made to political committees and to provide for the indexing of such limits for all contributions made under the Act, and for other purposes.
Latest Action: 09/06/2007 - Referred to the House Committee on House Administration. Bill Text To amend the Federal Election Campaign Act of 1971 to increase the limits on the amount of contributions that may be made to political committees and to provide for the indexing of such limits for all contributions made under the Act, and for other purposes. 9/6/2007--Introduced.
PAC Fairness Act of 2007 - Amends the Federal Election Campaign Act of 1971 to: (1) increase contribution limits for certain political committees, including multicandidate committees; (2) extend indexing of contribution limits for certain kinds of political committees to all political committees covered by the Act; and (3) revise requirements for the period of increase for contribution limitations, determination of the base year, permitted contribution-related communications between corporations and labor organizations and their members, and permitted contribution-related solicitations by trade associations. S.2030 - A bill to amend the Federal Election Campaign Act of 1971 to require reporting relating to bundled contributions made by persons other than registered lobbyists.
Latest Action: 09/06/2007 - Read twice and referred to the Committee on Rules and Administration. Bill Text A bill to amend the Federal Election Campaign Act of 1971 to require reporting relating to bundled contributions made by persons other than registered lobbyists. 9/6/2007--Introduced. Amends the Federal Election Campaign Act of 1971, as amended by the Honest Leadership and Open Government Act of 2007, to revise requirements for disclosure of bundled contributions, particularly by an authorized committee of a candidate for the office of President or for nomination to such office (presidential candidate committee).Applies such reporting requirements to bundled contributions by persons other than registered lobbyists. Requires reporting of lobbyist contributions on a separate schedule.Sets the covered period for such reports as the two-year period preceding a presidential election, as well as any applicable reporting period during which any person provided two or more bundled contributions in an aggregate amount greater than the specified applicable amount.Increases [...] show full description S.1946 - A bill to help Federal prosecutors and investigators combat public corruption by strengthening and clarifying the law.
Latest Action: 12/10/2007 - Committee on the Judiciary. Reported by Senator Leahy with an amendment in the nature of a substitute. With written report No. 110-239. Bill Text A bill to help Federal prosecutors and investigators combat public corruption by strengthening and clarifying the law. 12/10/2007--Reported to Senate amended. (There is 1 other summary) Public Corruption Prosecution Improvements Act of 2007 - Amends the federal criminal code to revise and expand prohibitions against bribery, theft of public money, and other public corruption offenses. (Sec. 2) Establishes a six-year limitation period for the prosecution of public corruption crimes involving bribery, extortion, theft of government property, mail fraud, and racketeering. (Sec. 3) Expands mail and wire fraud statutes to cover offenses involving any other thing of value (e.g., intangible rights and licenses). (Sec. 4) Modifies general venue rules for criminal prosecutions to allow prosecutions in any district in which an act in furtherance of an offense is committed.(Sec. 5) Reduces from $5,000 to $1,000 the threshold amount [...] show full description H.R.3032 - To amend the Federal Election Campaign Act of 1971 to permit candidates for election for Federal office to designate an individual who will be authorized to disburse funds of the authorized campaign committees of the candidate in the event of the death of the candidate.
Latest Action: 07/16/2008 - Received in the Senate and Read twice and referred to the Committee on Rules and Administration. Bill Text To amend the Federal Election Campaign Act of 1971 to permit candidates for election for Federal office to designate an individual who will be authorized to disburse funds of the authorized campaign committees of the candidate in the event of the death of the candidate. 7/15/2008--Passed House amended. (There are 2 other summaries) (This measure has not been amended since it was reported to the House on April 22, 2008. The summary of that version is repeated here.) Amends the Federal Election Campaign Act of 1971 to permit candidates for election to federal office to: (1) designate an individual for each of a candiate's authorized campaign committees who will be authorized to disburse funds of the committee in the event of the candidate's death; and (2) designate another individual to carry out the responsibilities of the designated individual in the event of the death or incapacity of the designated individual or the designated individual's [...] show full description H.R.2967 - To prohibit the use of Federal funds in support of any travel undertaken by the President, Vice President, or certain other executive branch officials which includes the attendance by the official at any political campaign or fundraising event unless the sponsor of the event reimburses the Federal government for the actual costs incurred in support of the travel, and for other purposes.
Latest Action: 07/10/2007 - Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on House Administration, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdi Bill Text To prohibit the use of Federal funds in support of any travel undertaken by the President, Vice President, or certain other executive branch officials which includes the attendance by the official at any political campaign or fundraising event unless the sponsor of the event reimburses the Federal government for the actual costs incurred in support of the travel, and for other purposes. 7/10/2007--Introduced. Campaign Taxpayer Reimbursement Act of 2007 - Prohibits the use of federal funds to carry out or support any travel undertaken by a covered executive branch official away from his or her designated post of duty if at any time while the official is away he or she attends any political campaign or fundraising event, unless the official's office is reimbursed by the appropriate political committee for the actual travel costs incurred. Makes special rules for presidential and vice presidential travel. Applies this Act to travel by Members of the House of Representatives.[...] show full description H.R.2817 - To amend the Federal Election Campaign Act of 1971 to provide for expenditure limitations and public financing for House of Representatives general elections, and for other purposes.
Latest Action: 06/21/2007 - Referred to the Committee on House Administration, and in addition to the Committees on Ways and Means, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction Bill Text To amend the Federal Election Campaign Act of 1971 to provide for expenditure limitations and public financing for House of Representatives general elections, and for other purposes. 6/21/2007--Introduced. Let the People Decide Clean Campaign Act - Amends the Federal Election Campaign Act of 1971 (FECA) to set forth specified expenditure limitations for House of Representatives general elections.Permits additional expenditures by eligible major party, third party, and independent candidates.Establishes in the Treasury the Grassroots Good Citizenship Fund (Fund), which shall provide public funding for House candidates' expenditures. Authorizes certain additional amounts from state and national party committees.Amends the Internal Revenue Code to: (1) authorize taxpayers to designate specified overpayments and contributions for the Fund; and (2) increase corporate tax rates on taxable income above $10 million, and require payment of the amounts received [...] show full description H.R.2630 - A bill to amend the Federal Election Campaign Act of 1971 to prohibit certain political committees from compensating the spouse of the candidate for services provided to or on behalf of the committee, to require such committees to report on payments made to the spouse and the immediate family members of the candidate, and for other purposes.
Latest Action: 07/24/2007 - Received in the Senate and Read twice and referred to the Committee on Rules and Administration. Bill Text A bill to amend the Federal Election Campaign Act of 1971 to prohibit certain political committees from compensating the spouse of the candidate for services provided to or on behalf of the committee, to require such committees to report on payments made to the spouse and the immediate family members of the candidate, and for other purposes. 7/23/2007--Passed House amended. (There is 1 other summary) Campaign Expenditure Transparency Act - Amends the Federal Election Campaign Act of 1971 to prohibit authorized committees of a candidate or any other political committee established, maintained, or controlled by a candidate or an individual holding federal office (other than a political committee of a political party) from directly or indirectly compensating the spouse of the candidate or the individual (as the case may be) for services provided to or on behalf of the committee. Requires any such committee to report on disbursements to the spouse [...] show full description H.R.2598 - To amend the Federal Election Campaign Act of 1971 to clarify that an expenditure made by a political party committee may not be considered to have been made in concert or cooperation with a candidate solely because the candidate has requested that the committee not make any expenditures in support of the candidate or in opposition to an opponent of the candidate.
Latest Action: 06/06/2007 - Referred to the House Committee on House Administration. Bill Text To amend the Federal Election Campaign Act of 1971 to clarify that an expenditure made by a political party committee may not be considered to have been made in concert or cooperation with a candidate solely because the candidate has requested that the committee not make any expenditures in support of the candidate or in opposition to an opponent of the candidate. 6/6/2007--Introduced. Independent Expenditure Opt Out Act - Amends the Federal Election Campaign Act of 1971 to modify the definition of "independent expenditure," which currently means an expenditure by a person: (1) expressly advocating the election or defeat of a clearly identified candidate; and (2) that is not made in concert or cooperation with or at the request or suggestion of such candidate, the candidate's authorized political committee, or their agents, or a political party committee or its agents. Declares that an expenditure made by a political party committee may not be considered to [...] show full description H.R.2350 - To amend the Federal Election Campaign Act of 1971 to prohibit contributions and expenditures by multicandidate political committees controlled by foreign-owned corporations, and for other purposes.
Latest Action: 06/25/2007 - Referred to the Subcommittee on the Constitution, Civil Rights, and Civil Liberties. Bill Text To amend the Federal Election Campaign Act of 1971 to prohibit contributions and expenditures by multicandidate political committees controlled by foreign-owned corporations, and for other purposes. 5/16/2007--Introduced. Ethics in Foreign Lobbying Act of 2007 - Amends the Federal Election Campaign Act of 1971 to prohibit contributions and expenditures in federal elections by multicandidate political committees or separate segregated funds sponsored by foreign-controlled corporations and associations (at least 50% owned by a non-U.S. citizen or foreign national). Sets forth ownership and operating fund reporting requirements. Prohibits a foreign national from participating in the decision-making process of any person's election-related activities (such as those of a corporation, labor organization, or political committee). Establishes within the Federal Election Commission a clearinghouse of existing public information regarding the political activities of foreign principals [...] show full description H.R.2316 - To provide more rigorous requirements with respect to disclosure and enforcement of lobbying laws and regulations, and for other purposes.
Latest Action: 06/04/2007 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 182. Bill Text To provide more rigorous requirements with respect to disclosure and enforcement of lobbying laws and regulations, and for other purposes. 5/24/2007--Passed House amended. (There are 2 other summaries) Honest Leadership and Open Government Act of 2007 - Title I: Closing the Revolving Door - (Sec. 101) Amends the Rules of the House of Representatives to add Rule XXVII (Disclosure by Members and Staff of Employment Negotiations). Prohibits a Member, Delegate, or Resident Commissioner (Member) from directly negotiating or having any agreement of future employment or compensation until after the election for his or her successor, unless such Member files a statement about such negotiations or agreement with the Committee on Standards of Official Conduct within three business days after their commencement. Requires inclusion in such a statement of: (1) the name of the private entity or entities involved in the negotiations or agreement; (2) [...] show full description H.R.2317 - To amend the Lobbying Disclosure Act of 1995 to require registered lobbyists to file quarterly reports on contributions bundled for certain recipients, and for other purposes.
Latest Action: 06/04/2007 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 183. Bill Text To amend the Lobbying Disclosure Act of 1995 to require registered lobbyists to file quarterly reports on contributions bundled for certain recipients, and for other purposes. 5/24/2007--Passed House amended. (There are 2 other summaries) Lobbying Transparency Act of 2007 - Amends the Lobbying Disclosure Act of 1995 to require a registered lobbyist who bundles two or more contributions made (in an aggregate amount exceeding $5,000) to a covered recipient during a quarterly period to: (1) file a quarterly report with the Secretary of the Senate and the Clerk of the House of Representatives; and (2) notify the covered recipient by certified mail before filing such report. Requires the notification to express the covered recipient's right to respond to the statement to challenge and correct any information included before the registered lobbyist files such report. Defines "covered recipient" as a federal candidate, an individual [...] show full description H.R.2269 - To amend the Federal Election Campaign Act of 1971 to reduce the limit on the amount of certain contributions which may be made to a candidate with respect to an election for Federal office.
Latest Action: 05/10/2007 - Referred to the House Committee on House Administration. Bill Text To amend the Federal Election Campaign Act of 1971 to reduce the limit on the amount of certain contributions which may be made to a candidate with respect to an election for Federal office. 5/10/2007--Introduced.
Amends the Federal Election Campaign Act of 1971 to reduce from $2,000 to $1,000 the maximum amount of contributions that any person may make to any candidate with respect to election for federal office. Requires adjustment to such amount (indexing) for inflation after 2010. S.1285 - A bill to reform the financing of Senate elections, and for other purposes.
Latest Action: 06/20/2007 - Committee on Rules and Administration. Date of scheduled hearing. SR-301. 10:00 a.m. Bill Text A bill to reform the financing of Senate elections, and for other purposes. 5/3/2007--Introduced. Fair Elections Now Act - Amends the Federal Election Campaign Act of 1971 (FECA) with respect to: (1) eligibility and qualifying contribution requirements, seed money limits, and benefits of fair elections financing of Senate election campaigns; (2) establishment of a Senate Fair Elections Fund; (3) eligibility for Fund allocations as well as such allocations; (4) a seed money contribution requirement; (5) contribution and expenditure requirements; (6) certification of whether or not a federal election candidate is a participating candidate; (7) benefits for participating candidates; (8) payment of fair fight funds; (9) administration of the Senate Fair Elections System; (10) reporting requirements for nonparticipating candidates; (11) modification of electioneering communication reporting requirements; and (12) the limitation on coordinated expenditures by political party committees [...] show full description H.RES.363 - Amending the Rules of the House of Representatives to clarify certain matters relating to official conduct.
Latest Action: 05/02/2007 - Referred to the House Committee on Standards of Official Conduct. Bill Text Amending the Rules of the House of Representatives to clarify certain matters relating to official conduct. 5/2/2007--Passed House without amendment. (There is 1 other summary) (This measure has not been amended since it was introduced. The summary of that version is repeated here.) Amends Rule XXIII (Code of Official Conduct) of the Rules of the House of Representatives to authorize a Member of Congress to use personal, official, or campaign funds for a flight on an aircraft that is operated: (1) by an air carrier or commercial operator certificated by the Federal Aviation Administration (FAA), and the flight is required to be conducted under air carrier safety rules; or (2) in the case of travel abroad, by an air carrier or commercial operator certificated by an appropriate foreign civil aviation authority, and the flight is similarly required to be conducted under air carrier safety rules. Allows the use of such funds also if [...] show full description S.1091 - A bill to amend the Federal Election Campaign Act of 1971 to repeal the limitation on party expenditures on behalf of candidates in general elections.
Latest Action: 04/18/2007 - Committee on Rules and Administration. Hearings held. Bill Text A bill to amend the Federal Election Campaign Act of 1971 to repeal the limitation on party expenditures on behalf of candidates in general elections. 4/11/2007--Introduced.
Campaign Accountability Act of 2007 - Amends the Federal Election Campaign Act of 1971 to repeal the limitation on party expenditures on behalf of candidates in general elections. S.1081 - A bill to amend the Internal Revenue Code of 1986 to impose a flat tax only on individual taxable earned income and business taxable income, and for other purposes.
Latest Action: 04/10/2007 - Sponsor introductory remarks on measure. (CR S4294) Bill Text A bill to amend the Internal Revenue Code of 1986 to impose a flat tax only on individual taxable earned income and business taxable income, and for other purposes. 4/10/2007--Introduced. Flat Tax Act of 2007 - Replaces the income tax with a flat tax of 20 percent of taxable earned income of individual taxpayers. Defines "taxable earned income" as the excess of earned income (wages, salaries, professional fees) over a standard deduction, a deduction for cash charitable contributions, and a deduction for home mortgage interest. Sets forth definitions and special rules for surviving spouses, heads of household, and dependents.Imposes a flat tax of 20 percent on business taxable income. Defines "business taxable income" as gross active income (other than investment income) reduced by: (1) the cost of business inputs (cost of specified goods, services, travel, and entertainment expenditures); (2) employee compensation; and (3) the cost of personal and [...] show full description S.936 - A bill to reform the financing of Senate elections, and for other purposes.
Latest Action: 03/20/2007 - Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S3372-3381) Bill Text A bill to reform the financing of Senate elections, and for other purposes. 3/20/2007--Introduced. Fair Elections Now Act - Amends the Federal Election Campaign Act of 1971 (FECA) with respect to: (1) eligibility and qualifying contribution requirements, seed money limits, and benefits of fair elections financing of Senate election campaigns; (2) establishment of a Senate Fair Elections Fund; (3) eligibility for Fund allocations as well as such allocations; (4) a seed money contribution requirement; (5) contribution and expenditure requirements; (6) certification of whether or not a federal election candidate is a participating candidate; (7) benefits for participating candidates; (8) payment of fair fight funds; (9) administration of the Senate Fair Elections System; (10) reporting requirements for nonparticipating candidates; (11) modification of electioneering communication reporting requirements; and (12) the limitation on coordinated expenditures by political party committees [...] show full description |
