Public Campaign Financing Act of 2005
Summary
Public Campaign Financing Act of 2005 - Amends the Federal Election Campaign Act of 1971 (FECA) to add a new title V (Public Funding for House of Representatives Elections) outlining: (1) qualifications for public financing; (2) limitations on contributions to qualifying House candidates prohibiting such a candidate from accepting contributions other than contributions from individuals that total not more than $100 per individual per election cycle, with an 80 percent in-state contribution requirement; (3) rules restricting public funding to specified purposes, such as buying broadcast time; (4) limitations on the maximum amount of public funding, which is set at $750,000 for qualifying House candidates; (5) various specified requirements pertaining to television debates and radio and television advertising; (6) authorization for the filing of certain state reports in lieu of any required FECA report; (7) provisions regarding reporting of election activity of persons other than political parties; and (8) rules for contributions through intermediaries and conduits.