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PRICE INTRODUCES COMPREHENSIVE CAMPAIGN REFORM BILL
06/16/16Washington, DC – Today, Congressman David Price (NC-04) introduced the We the People Act, comprehensive legislation designed to strengthen and modernize our nation's campaign finance system. The bill would implement new disclosure and transparency requirements designed to decrease the influence of outside money in politics, to limit the influence of Super PAC special interest organizations, to strengthen the Federal Elections Commission, and to reduce conflicts of interest between regulatory employees and the financial services industry.
"Since the Citizens United decision, billions of dollars in outside money has flooded our political system with extremely limited oversight," said Congressman Price. "We must take action to take our politics back from the special interests and to limit the influence of unregulated Super PACs. The We the People Act is designed to give our democracy back to the voters."
Congressman Price was the original author of the 2002 Stand By Your Ad law, which requires candidates to take responsibility for their advertisements on television and radio. The We the People Act includes provisions updating the Stand By Your Ad disclosure requirements to cover new forms of paid political advocacy, including online advertisements and robocalls, and to require SuperPACs to disclose their funding sources.
Specifically, the We the People Act would:
· Require mandatory disclosure of special interest donations to SuperPACs and other “independent” political groups
· Require SuperPACs to be truly “independent,” forbidding them from coordinating with campaigns
· Require real time reporting of major campaign contributions for federal candidates
· Reform and strengthen the Federal Election Commission
· Apply Stand By Your Ad disclosure requirements to SuperPAC-funded advertising and to online political communications and robocalls
· Reduce conflicts of interest for people moving between employment in the financial services sector and regulatory agencies
Similar legislation has been introduced in the Senate by Senator Tom Udall (D-NM).
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Office Name Location Image Map URL Washington DC 2108 Rayburn House Office Washington, DC 20515 Phone: (202) 225-1784 Fax: (202) 225-2014 http://goo.gl/maps/rqq9i Raleigh Office 436 N. Harrington Road, Suite 100 Raleigh, NC 27603 Phone: (919) 859-5999 Fax: (202) 333-5522 http://goo.gl/maps/uMVdC Western District Office 777 Fordham Boulevard, Suite 204Chapel Hill, NC 27514Phone: 919-688-3004Fax: 919-967-79241777 Fordham Boulevard, Suite 204 Chapel Hill, NC 27514 Phone: (919) 688-3004 Fax: (919) 967-7924http://goo.gl/maps/jCgLa Southern District Office 301 Green Street, Suite 315 Fayetteville, NC 28301 Phone: (910) 339-9798 http://goo.gl/maps/gNq4N
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Comments (optional) repName David E. Price helpWithFedAgencyAddress Raleigh District Office
436 N. Harrington Road, Suite 100
Raleigh, NC 27603district 21st District of California academyUSCitizenDate July 1, 2012 academyAgeDate July 1, 2012 academyApplicationDueDate October 20, 2012 repStateABBR NC repDistrict 4 repState North Carolina repDistrictText 4th repPhoto SponsoredBills Sponsored Bills CoSponsoredBills Co-Sponsored Bills
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