Federal Election Campaign Financing Act
Latest action. Referred to House Committee on House Administration.
Federal Election Campaign Financing Act - States that any candidate who receives 30 percent or more of the popular votes received by all candidates in any primary election or general election for Federal office shall be entitled to expenditure reimbursements in accordance with the provisions of this Act. Sets forth a formula to determine the amount of reimbursement to which any eligible candidate for the office of President, Vice President, Senator, or Representative shall be entitled. Establishes in the Treasury of the United States a special fund to be known as the Federal Election Campaign Finance Fund. Requires the Secretary of the Treasury, as provided by appropriation Acts, to transfer to the Fund such sums as the Congress may appropriate to insure that moneys in the Fund will be adequate to meet entitlements of eligible candidates. Entitles any eligible candidate to receive reimbursements from the Fund by transmitting to the appropriate supervisory officer receipts of expenditures of any such candidate in connection with any primary election or general election for Federal office. Establishes limitations on contributions by individuals to any candidate for Federal office.
Written by analysts at the Congressional Research Service and published on Congress.gov, not by Civibrief. Summarized at the "Introduced in House" stage on December 13, 1973. It describes the bill, it is not the legal text.
Where is it in the process, and what happens next?
4 steps remain before this bill could become law.
The record's latest action, on December 13, 1973: Referred to House Committee on House Administration.
- Clearing the committees it was referred to, and being scheduled for a floor vote
- Passage by the House
- Passage by the Senate
- The President's signature. If the President vetoes it, two-thirds of both chambers must vote to override.
How likely is it to become law?
Civibrief does not forecast outcomes and this page has no opinion about this one. What the record supports is a base rate, which is a fact about the whole pile, not a prediction about this measure.
In the 93rd Congress (1973-74), 651 of the 23,396 bills and joint resolutions introduced became law, about 2.8 percent. That count covers every measure at every stage, including the many that never left committee.
This one is not there yet: 4 steps are still outstanding, listed above.
Has anyone actually voted on it?
No. No roll call in this Congress cites this measure. That is the ordinary outcome: most measures never reach a recorded floor vote, and a committee ends most of them simply by not acting.
A vote is not the only thing that happens to a measure. Hearings, markups, and referrals are all recorded actions, and none of them is a vote of the full chamber.
Who is behind it?
LEO RYAN (D-CA) introduced it on December 13, 1973. No cosponsors are recorded.
Cosponsoring is a formal signature on the text. It is not a commitment to vote for the measure, it does not bind anyone's party, and a long list of cosponsors is a measure of attention rather than of prospects.
How long has it been in play?
It was introduced on December 13, 1973, 19265 days ago. The most recent recorded action was 19265 days ago, on December 13, 1973.
Measures do not carry over. Anything the 93rd Congress has not finished by January 3, 1975 dies when the term ends, and has to be introduced again from the start in the next Congress.
Every answer above is assembled from this measure's own record on Congress.gov and from published counts of what Congress has passed before. Civibrief does not predict outcomes and takes no position on any measure.
Vote history
- HouseIn committee, no floor vote yet
- SenateAwaits House passage
- PresidentAwaits both chambers