H. R. 2317
IN THE HOUSE OF REPRESENTATIVES
May 15, 2007
Mr. Van Hollen (for himself, Mr. Meehan, Mr. Conyers, Mr. Emanuel, Mr. Sherman, Mr. Bishop of New York, and Mr. Waxman) introduced the following bill; which was referred to the Committee on the Judiciary
To amend the Lobbying Disclosure Act of 1995 to require registered lobbyists to file quarterly reports on contributions bundled for certain recipients, and for other purposes.
This Act may be cited as the
Transparency Act of 2007.
Quarterly Reports by Registered Lobbyists on Contributions Bundled For Certain Recipients
Section 5 of the Lobbying Disclosure Act of 1995 (2 U.S.C. 1604) is amended by adding at the end the following new subsection:
Quarterly Reports on Contributions Bundled For Certain Recipients
Not later than 45 days after the end of the quarterly period beginning on the first day of January, April, July, and October of each year, each registered lobbyist who bundles 2 or more contributions made to a covered recipient in an aggregate amount exceeding $5,000 for such covered recipient during such quarterly period shall file a report with the Secretary of the Senate and the Clerk of the House of Representatives containing—
the name of the registered lobbyist;
in the case of an employee, his or her employer; and
the name of the covered recipient to whom the contribution is made, and to the extent known the aggregate amount of such contributions (or a good faith estimate thereof) within the quarter for the covered recipient.
Exclusion of certain information
In filing a report under paragraph (1), a registered lobbyist shall exclude from the report any information described in paragraph (1)(C) which is included in any other report filed by the registered lobbyist with the Secretary of the Senate and the Clerk of the House of Representatives under this Act.
Requiring submission of information prior to filing reports
Not later than 25 days after the end of a period for which a registered lobbyist is required to file a report under paragraph (1) which includes any information described in such section with respect to a covered recipient, the registered lobbyist shall transmit by certified mail to the covered recipient involved a statement containing—
the information that will be included in the report with respect to the covered recipient; and
the source of each contribution included in the aggregate amount referred to in paragraph (1)(C) which the registered lobbyist bundled for the covered recipient during the period covered by the report and the amount of the contribution attributable to each such source.
Definition of registered lobbyist
For purposes of this subsection, the term registered lobbyist means a person who is registered or is required to register under paragraph (1) or (2) of section 4(a), or an individual who is required to be listed under section 4(b)(6) or subsection (b).
Definition of bundled contribution
For purposes of this subsection, a
bundles a contribution if—
the contribution is received by a registered lobbyist for, and forwarded by a registered lobbyist to, the covered recipient to whom the contribution is made; or
the contribution will be or has been credited or attributed to the registered lobbyist through records, designations, recognitions or other means of tracking by the covered recipient to whom the contribution is made.
In this subsection—
the term contribution has the meaning given such term in the Federal Election Campaign Act of 1971 (2 U.S.C. 431 et seq.), except that such term does not include a contribution in an amount which is less than $200;
the terms candidate, political committee, and political party committee have the meaning given such terms in the Federal Election Campaign Act of 1971 (2 U.S.C. 431 et seq.);
the term covered recipient means a Federal candidate, an individual holding Federal office, a leadership PAC, or a political party committee; and
the term leadership PAC, means with respect to an individual holding Federal office, an unauthorized political committee which is associated with an individual holding Federal office, except that such term shall not apply in the case of a political committee of a political party.
The amendment made by subsection (a) shall apply with respect to the second quarterly period described in section 5(d)(1) of the Lobbying Disclosure Act of 1995 (as added by subsection (a)) which begins after the date of the enactment of this Act and each succeeding quarterly period.