Bill Summary
Shays-Meehan Bipartisan Campaign Reform Act
The following summarizes the provisions of H.R. 3526, the Bipartisan Campaign Reform Act of 1998, introduced by Representatives Christopher Shays (CT-R) and Martin T. Meehan (MA-D). Title I Reduction of Special Interest Influence Soft Money of Political Parties. Prohibits national committees of political parties from soliciting, receiving, or directing a contribution, donation, or transfer of funds, or from spending any funds that are not subject to the contribution limitations, source prohibitions, and reporting requirements of the Federal Election Campaign Act (FECA). Requires that any funds spent by State, district, and local political parties for Federal election activity be subject…