SCAM PAC Act Stopping Corrupt Actors from Making Political Action Committees Act
Impact
The proposed legislation seeks to amend existing regulations within the Federal Election Campaign Act, enhancing the Federal Election Commission's (FEC) ability to regulate the activities of scam PACs. By preventing the disbursement of funds to entities linked to PAC operators, the bill aims to bolster the integrity of electoral financing and restore public confidence in the political contribution process. The act advocates that the majority of disbursements should be allocated to legitimate electoral expenditures rather than personal compensation for PAC organizers.
Summary
House Bill 6893, known as the SCAM PAC Act, aims to address the growing concern over fraudulent activities associated with certain political action committees (PACs) often labeled as 'scam PACs.' These entities are criticized for misleading donors by promising to support candidates while actually using funds to primarily enrich themselves or their organizers. The bill seeks to prohibit funds from being disbursed to entities owned or controlled by individuals with significant decision-making authority over the PACs, thereby curbing self-dealing and ensuring that contributions are used more effectively for their intended purposes in the electoral process.
Contention
While the bill is intended to protect donors and maintain the integrity of the political system, it may face opposition regarding its perceived encroachment on free speech and the rights of PACs to operate freely. Critics might argue that such restrictions could unfairly impact legitimate PACs that operate within the bounds of the law. The legislation attempts to balance the need to combat fraud without overregulating genuine political fundraising efforts, ensuring robust debate around the implications of these provisions.
To amend the Federal Election Campaign Act of 1971 to prohibit a candidate for election to the office or Representative in Congress or Senator from accepting contributions from any political committee other than an authorized committee of the candidate and from establishing a leadership PAC.
Campaign finance: contributions and expenditures; provision related to officeholders raising funds when facing a recall; modify, and require candidate to establish a separate account used for recall purposes. Amends secs. 3, 11, 12, 21, 24 & 52 of 1976 PA 388 (MCL 169.203 et seq.) & adds sec. 21b.
Campaign finance: contributions and expenditures; funds donated to a candidate for recall efforts; require candidate to establish a separate account used for recall purposes. Amends secs. 3, 11, 12, 21, 24 & 52 of 1976 PA 388 (MCL 169.203 et seq.) & adds sec. 21b.
A concurrent resolution recognizing wild rice as sacred and central to the culture and health of Indigenous Peoples in Minnesota and critical to the health and identity of all Minnesota citizens and ecosystems and establishing a commitment to passing legislation to protect wild rice and the freshwater resources upon which it depends.