Subject to paragraph (3), if the opposition personal funds amount with respect to a candidate for election to the office of Representative in, or Delegate or Resident Commissioner to, the Congress exceeds $350,000-
The opposition personal funds amount is an amount equal to the excess (if any) of-
For purposes of determining the aggregate amount of expenditures from personal funds under subparagraph (A), such amount shall include the gross receipts advantage of the candidate's authorized committee.
For purposes of clause (i), the term "gross receipts advantage" means the excess, if any, of-
Subject to subparagraph (B), a candidate and the candidate's authorized committee shall not accept any contribution, and a party committee shall not make any expenditure, under the increased limit under paragraph (1)-
A candidate and a candidate's authorized committee shall not accept any contribution and a party shall not make any expenditure under the increased limit after the date on which an opposing candidate ceases to be a candidate to the extent that the amount of such increased limit is attributable to such an opposing candidate.
The aggregate amount of contributions accepted by a candidate or a candidate's authorized committee under the increased limit under paragraph (1) and not otherwise expended in connection with the election with respect to which such contributions relate shall, not later than 50 days after the date of such election, be used in the manner described in subparagraph (B).
A candidate or a candidate's authorized committee shall return the excess contribution to the person who made the contribution.
In this paragraph, the term "expenditure from personal funds" means-
Not later than the date that is 15 days after the date on which an individual becomes a candidate for the office of Representative in, or Delegate or Resident Commissioner to, the Congress, the candidate shall file a declaration stating the total amount of expenditures from personal funds that the candidate intends to make, or to obligate to make, with respect to the election that will exceed $350,000.
Not later than 24 hours after a candidate described in subparagraph (B) makes or obligates to make an aggregate amount of expenditures from personal funds in excess of $350,000 in connection with any election, the candidate shall file a notification.
After a candidate files an initial notification under subparagraph (C), the candidate shall file an additional notification each time expenditures from personal funds are made or obligated to be made in an aggregate amount that exceeds $10,000. Such notification shall be filed not later than 24 hours after the expenditure is made.
A notification under subparagraph (C) or (D) shall include-
Each declaration or notification required to be filed by a candidate under subparagraph (C), (D), or (E) shall be filed with-
In the next regularly scheduled report after the date of the election for which a candidate seeks nomination for election to, or election to, Federal office, the candidate or the candidate's authorized committee shall submit to the Commission a report indicating the source and amount of any excess contributions (as determined under subsection (a)) and the manner in which the candidate or the candidate's authorized committee used such funds.
For provisions providing for the enforcement of the reporting requirements under this subsection, see section 30109 of this title.
1 See References in Text note below.
52 U.S.C. § 30117
EDITORIAL NOTES
REFERENCES IN TEXTSubsections (a)(1)(A), (3), and (d), referred to in subsec. (a)(1), probably mean subsections (a)(1)(A), (3), and (d) of section 30116 of this title.
CODIFICATIONSection was formerly classified to section 441a-1 of Title 2, The Congress, prior to editorial reclassification and renumbering as this section.
CONSTITUTIONALITYFor information regarding the constitutionality of section 315A of Pub. L. 92-225 as added by section 319(a) of Pub. L. 107-155 see the Table of Laws Held Unconstitutional in Whole or in Part by the Supreme Court on the Constitution Annotated website, constitution.congress.gov.
STATUTORY NOTES AND RELATED SUBSIDIARIES
EFFECTIVE DATESection effective Nov. 6, 2002, but not applicable with respect to runoff elections, recounts, or election contests resulting from elections held prior to Nov. 6, 2002, see section 402 of Pub. L. 107-155 set out as an Effective Date of 2002 Amendment; Regulations note under section 30101 of this title.