For the People Act of 2021 (H.R. 1; 117th Congress)/Division B/Title V/Subtitle E

H.R. 1 Division B, Title V, Subtitle E (2021)
by John Sarbanes
3611105H.R. 1 Division B, Title V, Subtitle E2021John Sarbanes

SEC. 5401. PERMITTING POLITICAL PARTY COMMITTEES TO PROVIDE ENHANCED SUPPORT FOR CANDIDATES THROUGH USE OF SEPARATE SMALL DOLLAR ACCOUNTS. edit

(a) Increase In Limit On Contributions To Candidates.—Section 315(a)(2)(A) of the Federal Election Campaign Act of 1971 (52 U.S.C. 30116(a)(2)(A)) is amended by striking “exceed $5,000” and inserting “exceed $5,000 or, in the case of a contribution made by a national committee of a political party from an account described in paragraph (11), exceed $10,000”.
(b) Elimination Of Limit On Coordinated Expenditures.—Section 315(d)(5) of such Act (52 U.S.C. 30116(d)(5)) is amended by striking “subsection (a)(9)” and inserting “subsection (a)(9) or subsection (a)(11)”.
(c) Accounts Described.—Section 315(a) of such Act (52 U.S.C. 30116(a)), as amended by section 5112(a), is amended by adding at the end the following new paragraph:
“(11) An account described in this paragraph is a separate, segregated account of a national committee of a political party (including a national congressional campaign committee of a political party) consisting exclusively of contributions made during a calendar year by individuals whose aggregate contributions to the committee during the year do not exceed $200.”.
(d) Effective Date.—The amendments made by this section shall apply with respect to elections held on or after the date of the enactment of this Act.