Requiring Senators to electronically file their campaign finance disclosure reports puts them in the same position as House candidates, who already file campaign finance information electronically. It speeds the time in which information about campaigns' receipts and expenditures is made available to the public. Electronic filing saves taxpayer resources by eliminating the need for campaign finance disclosure information to be re-entered. See S. 223, 110th Congress.
In General- Section 304(a)(11)(D) of the Federal Election Campaign Act of 1971 (2 U.S.C. 434(a)(11)(D)) is amended to read as follows:
`(D) As used in this paragraph, the terms `designation', `statement', or `report' mean a designation, statement or report, respectively, which--
`(i) is required by this Act to be filed with the Commission, or
`(ii) is required under section 302(g) to be filed with the Secretary of the Senate and forwarded by the Secretary to the Commission.'.
Conforming Amendments-
Section 302(g)(2) of such Act (2 U.S.C. 432(g)(2)) is amended by inserting `or 1 working day in the case of a designation, statement, or report filed electronically' after `2 working days'.
Section 304(a)(11)(B) of such Act (2 U.S.C. 434(a)(11)(B)) is amended by inserting `or filed with the Secretary of the Senate under section 302(g)(1) and forwarded to the Commission' after `Act'.
Effective Date- The amendments made by this section shall apply to any designation, statement, or report required to be filed after the date of enactment of this Act.
I agree with Dan, however, the first step would be to require both Houses to file the current reports electronically.
posted by Paul Blumenthal, Sunlight Foundation at April 1, 2008Senate and House political campaigns should be totally and exclusively financed by the federal government. Federal financing will enable the really qualified, but non wealthy candidates to replace the wealthy or privately financed incumbents and their special interest sponsors. Federal financing would be electronically available, transparent and equal for all candidates, and would demonstrate the candidates real ability to present their qualifications.
posted by Fred Bichl (citizen) at April 4, 2008