To amend the Federal Election Campaign Act of 1971 to prohibit the conversion of leadership PAC funds to personal use.
Last action on Jun 15, 2006Referred to the House Committee on House Administration.
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Summary
Amends the Federal Election Campaign Act of 1971 to prohibit the conversion of leadership PAC funds to personal use.
Defines leadership PAC as a political committee directly or indirectly established, maintained, or controlled by a candidate for election for federal office, or an individual holding federal office, but not an authorized committee of the candidate or individual. Excludes any political committee of a political party from the meaning of leadership PAC.
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