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H.R. 3019 (105th): Anti-Money Laundering and Paycheck Accountability Act


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The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


11/9/1997--Introduced. Anti-Money Laundering and Paycheck Accountability Act - Amends the Federal Election Campaign Act of 1971 to: (1) prohibit the solicitation, contribution, or spending of any funds by any political party committee for any purposes of any activity influencing an election for Federal office unless the funds are subject to the limitations, prohibitions, and reporting requirements of the Act; (2) permit individuals to prohibit payroll deductions for political activities; (3) require the reporting, within 24 hours, of contributions received within 20 days of an election; and (4) revise provisions concerning the prohibition against the solicitation of contributions by Federal officials in Federal buildings.