Bipartisan Campaign Reform Act of 2002
Title II: Noncandidate Campaign Expenditures
Subtitle A: Electioneering Communications
Amends FECA to require disclosure to the FEC of electioneering communications by any spender exceeding an aggregate of $10,000 per year in disbursements for them (including contracts to disburse), within 24 hours of each specified disbursement date (disclosure date).
(Sec. 201) Requires such disclosure to include:
- identification of spender, of any person with control over the activities of such person, and of the custodian of the spender's books and accounts;
- the spender's principal place of business (if the spender is not an individual);
- amount of disbursements of over $200 and identification of recipient;
- the election and candidates to which communications pertain; and
- identification of all contributors of $1,000 or more (either to a separate segregated fund or, if none, to the spender).
(Sec. 202) Treats an electioneering communication that is coordinated with a candidate or an authorized committee of such candidate, a Federal, State, or local political party or committee thereof, or an agent or official of any such candidate, party, or committee as a contribution to, and expenditure by, such candidate or such party.
(Sec. 203) Bans disbursements for electioneering communications from union or certain corporate funds, except certain tax-exempt corporations making electioneering communications:
- paid for exclusively with funds provided directly by individuals who are citizens or permanent resident aliens; and
- which are not targeted electioneering communications.
(Sec. 212) Outlines reporting requirements for certain independent expenditures, including the time frame for filing reports with the FEC on independent expenditures aggregating $1,000 or more and $10,000 or more.
(Sec. 213) Prohibits a committee of a political party from making both independent and coordinated expenditures for a general election candidate.
(Sec. 214) Provides that expenditures made by any person (other than a candidate or candidate's authorized committee) in cooperation, consultation, or concert with, or at the request or suggestion of, a national, State, or local committee of a political party, shall be considered to be contributions made to such party committee.
Repeals current FEC regulations, and directs the FEC to promulgate new regulations on coordinated communications paid for by persons other than candidates, authorized committees of candidates, and party committees. Prohibits such regulations from requiring agreement or formal collaboration to establish coordination.
