Freedom of Political Speech Act of 2007

Freedom of Political Speech Act of 2007 - Amends the Bipartisan Campaign Reform Act of 2002 to repeal: (1) disclosure requirements about disbursements for electioneering communications; and (2) the exception from the prohibition against such disbursements, directly or indirectly, by national banks, corporations, labor unions, or foreign nationals, in the case of disbursements from a segregated account to which individual U.S. citizens or lawful resident aliens have contributed for the express purpose of making such disbursements.

[Congressional Bills 110th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3714 Introduced in House (IH)]







110th CONGRESS
  1st Session
                                H. R. 3714

     To amend the Federal Election Campaign Act of 1971 to repeal 
 restrictions relating to electioneering communications, and for other 
                               purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            October 1, 2007

  Mr. Pence introduced the following bill; which was referred to the 
                   Committee on House Administration

_______________________________________________________________________

                                 A BILL


 
     To amend the Federal Election Campaign Act of 1971 to repeal 
 restrictions relating to electioneering communications, and for other 
                               purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Freedom of Political Speech Act of 
2007''.

SEC. 2. REPEAL OF RESTRICTIONS RELATING TO ELECTIONEERING 
              COMMUNICATIONS.

    (a) In General.--Subtitle A of title II of the Bipartisan Campaign 
Reform Act of 2002 (Public Law 107-155; 116 Stat. 88) is repealed, and 
each provision of law amended by such subtitle is restored as if such 
subtitle had not been enacted into law.
    (b) Conforming Amendments.--
            (1) Identification of sponsors.--Section 318(a) of the 
        Federal Election Campaign Act of 1971 (2 U.S.C. 441d(a)) is 
        amended by striking ``or makes a disbursement for an 
        electioneering communication (as defined in section 
        304(f)(3))''.
            (2) Contributions and donations by foreign nationals.--
        Section 319(a)(1)(C) of such Act (2 U.S.C. 441e(a)(1)(C)) is 
        amended to read as follows:
                    ``(C) an expenditure or independent expenditure; 
                or''.

SEC. 3. EFFECTIVE DATE.

    (a) In General.--Except as provided in subsection (b), this Act and 
the amendments made by this Act shall apply with respect to 
electioneering communications under the Federal Election Campaign Act 
of 1971 which are made on or after the date of the enactment of this 
Act.
    (b) Special Rule for Repeal of Disclosure Requirement.--In the case 
of the repeal of section 201(a) of the Bipartisan Campaign Reform Act 
of 2002, this Act shall apply with respect to reports required to be 
filed under section 304 of the Federal Election Campaign Act of 1971 on 
or after the date of the enactment of this Act.
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