H.R. 5623 · 109th Congress

To amend the Federal Election Campaign Act of 1971 to prohibit the conversion of leadership PAC funds to personal use.

Stage
In committee
Introduced
2006-06-15
Latest action
2006-06-15 · Introduced in House

Summary

Amends the Federal Election Campaign Act of 1971 to prohibit the conversion of leadership PAC funds to personal use.

Defines leadership PAC as a political committee directly or indirectly established, maintained, or controlled by a candidate for election for federal office, or an individual holding federal office, but not an authorized committee of the candidate or individual. Excludes any political committee of a political party from the meaning of leadership PAC.