News Releases, Media Advisories

For Immediate Release:                                                                                             Contact:  Ron Harris
December 17, 1998                                                                                                                       Sharon Snyder
                                                                                                                                                        Ian Stirton
                                                                                                                                                        Kelly Huff

 

COMMENTS SOUGHT ON PROPOSED PUBLIC FUNDING RULE

WASHINGTON – The Federal Election Commission is requesting public comments on proposed changes to its rules governing publicly financed Presidential primary and general election candidates.

These regulations implement the provisions of the Presidential Election Campaign Fund Act and the Presidential Primary Matching Payment Account Act, which establish eligibility requirements for Presidential candidates seeking public financing, and indicate how funds received under the public financing system may be spent. They also require the Commission to audit publicly financed campaigns and seek repayment where appropriate.

On December 12, 1998, the Commission approved on a 6-0 vote a Notice of Proposed Rulemaking (NPR) that would address many of the sections in the current regulations, including:

Coordination between publicly funded Presidential candidates and their political parties;

"bright line" distinction between primary and general election expenses;

winding down costs

compliance and fundraising costs;

modifying the audit and repayment processes;

statutory authority to order repayments of matching funds based on violations of the primary spending limits;

capital assets;

transportation and services provided to the media;

matching-fund and disbursement documentation;

pre-nomination Vice Presidential committees;

nominating conventions and host committees.

Complete text within these topics and others in the proposed rulemaking was published in the Federal Register on December 16, 1998.

No final decisions have been reached by the Commission on any of the proposed revisions in the proposed rulemaking.

Comments should be addressed to Ms. Susan E. Propper, Assistant General Counsel, Federal Election Commission, 999 E St. NW, Washington, DC 20463, and must be submitted in either written or electronic form. Faxed comments should be sent to (202) 219-3923, with printed copy follow-up. Electronic mail comments should be sent to publicfund@fec.gov, and should include the full name and postal service address within the text of the comments.

Comments must be received on or before January 29, 1999.

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