Apprehension of Tainted Money Act of 2002
Last action on Mar 18, 2002Referred to the Subcommittee on the Constitution.
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Summary
Apprehension of Tainted Money Act of 2002 - Amends the Federal Election Campaign Act of 1971 to direct the Federal Election Commission (FEC) to establish a single interest-bearing escrow account for contributions of $500 or more that are given to the committee with the request that they be returned to the contributor. Authorizes the FEC to require the use of amounts placed in escrow to cover fines, penalties, and costs of investigation. Requires the FEC to return a contribution deposited in escrow to the contributor if it will not be used for such purposes.
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