H.R. 1565 would amend the Federal Election Campaign Act of 1971 to prohibit the conversion of leadership PAC funds to personal use.
Detailed Summary
Leadership PAC Limitation Act - 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.
Status of the Legislation
Latest Major Action: 3/19/2007: Referred to House committee. Status: Referred to the House Committee on House Administration.
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