Federal Elections Reform Act of 2001

Federal Elections Reform Act of 2001 - Amends the Federal Election Campaign Act of 1971 (FECA) with respect to soft money to prohibit: (1) a national committee of a political party from soliciting or receiving contributions or making expenditures not subject to FECA; (2) a national, State, district, or local committee of a political party from soliciting or donating funds to a tax-exempt organization; and (3) a candidate or an incumbent for Federal office from soliciting or receiving funds not subject to FECA, and from soliciting, receiving, directing, transferring, or spending funds in connection with any election other than an election for Federal office, or disbursing funds in connection with such an election unless the funds meet specified requirements.

Establishes an individual annual limit of $10,000 for State committee contributions. Increases the aggregate individual contribution limit to $30,000.

Requires national and State committees to report all receipts and disbursements. Repeals the building fund exception to the definition of contribution.

Adds requirements for reporting certain independent expenditures to the Federal Election Commission (FEC).

Prohibits a committee of a political party from making both independent and coordinated expenditures for a nominee.

Requires coordinated activities to be considered as contributions to and expenditures by the candidate.

Authorizes the FEC to conduct random audits to ensure voluntary FECA compliance. Prohibits false representation to solicit contributions.

Amends the National Labor Relations Act to codify the U. S. Supreme Court decision in Communications Workers of America et al. v. Beck et al.

Lists the permitted and prohibited uses of contributions received by a candidate or an incumbent.

Amends Federal postal law to limit congressional use of the franking privilege.

Amends the Federal criminal code to prohibit campaign fundraising on Federal property.

Amends FECA to: (1) increase penalties for certain violations; (2) revise restrictions on contributions and donations by foreign nationals in Federal, State, or local elections; and (3) protect equal participation of eligible voters in campaigns and elections.

Establishes within FEC a clearinghouse of public information regarding the political activities of foreign principals and their agents.

Amends the Internal Revenue Code (IRC) to condition the receipt of amounts from the Presidential Election Campaign Fund in a presidential election upon the candidate's certification not to solicit any funds for influencing such election unless the funds are subject to FECA.

Amends the Federal criminal code to prohibit use of White House meals and accommodations for political fundraising.

Amends FECA to require reimbursement for certain political fundraising involving use of Federal property.

Amends IRC to ban coordination of soft money for issue advocacy by presidential candidates receiving public financing.

Establishes the Commission on Voting Rights and Procedures to study and make recommendations on matters such as election technology and systems, designs and uniformity of ballots, and voter education.

Authorizes the Attorney General to make grants to States to implement the Commission's recommendations.

Military Voting Rights Act of 2001 - Amends the Soldiers' and Sailors' Civil Relief Act of 1940, with respect to voting, to require that a person absent from a State in compliance with military or naval orders shall not, solely by reason of that absence, be deemed to have: (1) lost a residence or domicile in that State; (2) acquired a residence or domicile in any other State; or (3) become resident in or a resident of any other State.

Amends the Uniformed and Overseas Citizens Absentee Voting Act to require States, with respect to elections for State and local offices, to permit absentee voting by uniformed services members.