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Makes it unlawful, except with the authorization of each individual, for: (1) national banks or corporations to collect from or assess their stockholders or employees any dues, initiation fee, or other payment as a condition of employment if any part of such dues, fee, or payment will be used for political activities in which the national bank or corporation is engaged; and (2) labor organizations to collect from or assess their members or nonmembers any dues, fee, or other payment if any part of such dues, fee, or payment will be used for political activities in which the labor organization is engaged.
Prohibits an authorized committee of a candidate for Federal office from accepting any contribution from an authorized committee of another candidate for Federal office except with regard to the transfer of funds between an authorized committee of a candidate for Federal office and an authorized committee of the same candidate for another Federal office.
Requires the FEC to obtain and provide for the computer software required to carry out electronic filings under FECA.
Amends the Communications Act of 1934 to prohibit a broadcast station from accepting for broadcast any soft money advertisement which contains the image, name, or likeness of a Federal election candidate unless the station agrees to broadcast without charge advertisements: (1) of the candidate's authorized committee, if the soft money advertisement was critical; or (2) of the authorized committee of the candidate's opponent, if the soft money advertisement was positive.
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