Summary of Amendments Made in Order Under the Rule to H.R. 2356, Bipartisan Campaign Reform Act of 2001 All amendments debatable for 10 minutes unless otherwise specified Shays/Meehan Strikes the 50% allocation requirement from 323(b)(2) of section 101(a) of the bill. (20 minutes) Shays/Meehan Ensures a federal candidate could continue to raise funds allowable in state elections in order to retire debt incurred in a state or local race. Shays/Meehan Amends section 323(e)(4) to clarify that federal officeholders and candidates may make general solicitations of funds for 501(c) organizations, up to $20,000 per year specifically for use in get-out-the-vote and voter registration activities. (20 minutes) Shays/Meehan Strikes 323(e)(5), Treatment of Amounts Used to Influence or Challenge State Reapportionment. Shays/Meehan Maintains the $5,000 threshold for reporting by party committees. Shays/Meehan Clarifies that the definition of what constitutes an independent expenditure is not changed from current law. Shays/Meehan Clarifies that a party must choose whether to make independent or coordinated expenditures as of the date of nomination of a candidate. Shays/Meehan Clarifies that an expenditure coordinated with a party committee constitutes a contribution to the party. Linder/Schrock Bans the use of certain funds by corporations and labor unions for communications by a corporation to its stockholders or personnel or by a union to its members and their families, or nonpartisan registration and get-out-the-vote campaigns by a corporation or a labor organization. Hutchinson/Brady (TX)/Hulshof/Graham Amends section 308(a)(1) of the bill to increase contribution limits for House candidates from $1,000 to $2,000. Shays/Meehan Increases the aggregate limit on individual contributions to $95,000 per cycle including not more than $37,500 per cycle to candidates, and reserving $20,000 per cycle for the national party committees. Shays/Meehan Strikes section 315(b)(3), regarding specific, additional sentencing enhancement for any violation by a person who is a candidate or a high-ranking campaign official for such candidate. English Prohibits the practice of bundling (making a contribution through an intermediary or conduit), but excludes from the prohibition facilitation of contributions by offering advice to another person as to how the other person may make a contribution or providing addressed mailing material for use by the other person in making a contribution. Shays/Meehan Strikes section 320 (Conduit Contributions). Shays/Meehan Strikes section 321 (Joint Fundraising Committees). Shays/Meehan Strikes section 322 (Schemes to Evade). Shaw/Calvert Requires candidates running for the office of Representative in Congress to accept no less than 50% of the total contributions accepted from all sources from within the state in which the candidate is running for office. Bereuter/Wicker Prohibits foreign individual campaign contributions to federal candidates. Therefore, only U.S. citizens and U.S. nationals (as defined by section 101(a)(22) of the Immigration and Nationality Act) will be allowed to make an individual contribution to a candidate running for federal office. Flake Narrows the exemption given to media outlets such that a media outlet would not be exempt if it: is owned, operated, or controlled by a corporation; derives income from sources other than advertising or subscriptions; receives government funds; or lobbies the government. Shays/Meehan Makes a technical correction to section 402, Effective Date, by changing the date in (b)(2) from March 31, 2001, to March 31, 2002. Doolittle Amendment in the Nature of a Substitute. Removes all limitations on federal election contributions after 2002, terminates taxpayer financing of presidential election campaigns effective in 2002, requires political parties to distinguish between federal and non-federal funds and requires each state party to file with the FEC a copy of the same disclosure form it files with the state, requires electronic filing of campaign reports to be filed every 24 hours during the three months preceding an election, requires the FEC to post all campaign reports on the Internet, bars acceptance of campaign contributions unless certain disclosure requirements are met, and prohibits the involuntary assessment of funds by labor organizations for political activities and requires separate, prior, written, voluntary authorization of union members to collect or assess any dues, fee or payment that will be used for political activities. (30 minutes) Ney/Wynn Amendment in the Nature of a Substitute. Bans soft money contributions to national political parties for federal election activities, including broadcast issue ads; limits national party use of soft money to generic party voter registration and get-out-the-vote drives, plus fundraising and overhead; bans soft money contributions of $75,000 or more to a national political party committee for any purpose; maintains the current $1,000 limit on hard money contributions from individuals to candidates; increases hard money contribution limits for contributions to political parties to partially account for inflation; provides for future annual indexing; requires disclosure within 24 hours to the FEC of name, address, phone number, list of officers, and the amount spent for ads by any group that purchases broadcast issue advertising that mentions a federal candidate within 120 days of a federal election; and requires disclosure to the FEC of identifying information about groups that spend over $50,000 for targeted mass communications that mention a federal candidate within 120 days of a federal election. (60 minutes)             * Summaries derived from information submitted by the amendment sponsors.