Bill > HR5238

This bill aims to significantly tighten regulations around coordinated expenditures in political campaigns, particularly focusing on Super PACs (Political Action Committees). The legislation would redefine how coordinated expenditures are treated, essentially classifying them as direct contributions to candidates when certain conditions are met. These conditions include payments made in cooperation with a candidate or their committee, communications that republish campaign materials, or payments from entities closely connected to a candidate. The bill establishes detailed criteria for determining coordination, such as how an organization might be considered "coordinated" if it was formed at a candidate's suggestion, solicits funds on the candidate's behalf, or is managed by someone with recent campaign experience. The legislation also imposes strict penalties for violations, including fines up to 300 percent of the coordinated expenditure amount. Additionally, the bill prohibits federal candidates and officeholders from soliciting or transferring funds to political committees that do not comply with campaign finance regulations, effectively limiting their ability to support Super PACs that operate outside traditional contribution limits. The changes would take effect 120 days after enactment, with new regulations to be developed by the Federal Election Commission to implement these stricter coordination rules.

Government Affairs

https://www.congress.gov/bill/119th-congress/house-bill/5238/all-info