Abolish Super PACs Act

The Abolish Super PACs Act would amend the Federal Election Campaign Act of 1971 to impose reasonable limits on contributions to independent expenditure committees, commonly known as Super PACs, by treating them similarly to other political committees under contribution limits. The bill defines an independent expenditure committee as a political committee that makes $5,000 or more in independent expenditures or contributions to other such committees in a calendar year, including separate accounts established for that purpose. These limits would apply to contributions made during the first calendar year after the bill’s enactment and each subsequent year, aiming to reduce corruption risks…

No official summary is available here. This one was written by AI from the bill’s text.