§ 9009. — Reports to Congress; regulations.
[Laws in effect as of January 7, 2003]
[Document not affected by Public Laws enacted between
January 7, 2003 and December 19, 2003]
[CITE: 26USC9009]
TITLE 26--INTERNAL REVENUE CODE
Subtitle H--Financing of Presidential Election Campaigns
CHAPTER 95--PRESIDENTIAL ELECTION CAMPAIGN FUND
Sec. 9009. Reports to Congress; regulations
(a) Reports
The Commission shall, as soon as practicable after each presidential
election, submit a full report to the Senate and House of
Representatives setting forth--
(1) the qualified campaign expenses (shown in such detail as the
Commission determines necessary) incurred by the candidates of each
political party and their authorized committees;
(2) the amounts certified by it under section 9005 for payment
to the eligible candidates of each political party;
(3) the amount of payments, if any, required from such
candidates under section 9007, and the reasons for each payment
required; and
(4) the expenses incurred by the national committee of a major
party or minor party with respect to a presidential nominating
convention;
(5) the amounts certified by it under section 9008(g) for
payment to each such committee; and
(6) the amount of payments, if any, required from such
committees under section 9008(h), and the reasons for each such
payment.
Each report submitted pursuant to this section shall be printed as a
Senate document.
(b) Regulations, etc.
The Commission is authorized to prescribe such rules and regulations
in accordance with the provisions of subsection (c), to conduct such
examinations and audits (in addition to the examinations and audits
required by section 9007(a)), to conduct such investigations, and to
require the keeping and submission of such books, records, and
information, as it deems necessary to carry out the functions and duties
imposed on it by this chapter.
(c) Review of regulations
(1) The Commission, before prescribing any rule or regulation under
subsection (b), shall transmit a statement with respect to such rule or
regulation to the Senate and to the House of Representatives, in
accordance with the provisions of this subsection. Such statement shall
set forth the proposed rule or regulation and shall contain a detailed
explanation and justification of such rule or regulation.
(2) If either such House does not, through appropriate action,
disapprove the proposed rule or regulation set forth in such statement
no later than 30 legislative days after receipt of such statement, then
the Commission may prescribe such rule or regulation. Whenever a
committee of the House of Representatives reports any resolution
relating to any such rule or regulation, it is at any time thereafter in
order (even though a previous motion to the same effect has been
disagreed to) to move to proceed to the consideration of the resolution.
The motion is highly privileged and is not debatable. An amendment to
the motion is not in order, and it is not in order to move to reconsider
the vote by which the motion is agreed to or disagreed to. The
Commission may not prescribe any rule or regulation which is disapproved
by either such House under this paragraph.
(3) For purposes of this subsection, the term ``legislative days''
does not include any calendar day on which both Houses of the Congress
are not in session.
(4) For purposes of this subsection, the term ``rule or regulation''
means a provision or series of interrelated provisions stating a single
separable rule of law.
(Added Pub. L. 92-178, title VIII, Sec. 801, Dec. 10, 1971, 85 Stat.
569; amended Pub. L. 93-443, title IV, Secs. 404(c)(12), (13),
406(b)(1), 409, Oct. 15, 1974, 88 Stat. 1292, 1293, 1296, 1303; Pub. L.
94-283, title III, Sec. 304(a), May 11, 1976, 90 Stat. 498.)
Amendments
1976--Subsec. (c)(2). Pub. L. 94-283, Sec. 304(a)(1), inserted
provision for accelerated consideration by the House of Representatives
of resolutions relating to rules or regulations reported out by
committees of the House.
Subsec. (c)(4). Pub. L. 94-283, Sec. 304(a)(2), added par. (4).
1974--Subsec. (a). Pub. L. 93-443, Secs. 404(c)(12), 406(b)(1),
substituted ``Commission'' for ``Comptroller General'' wherever
appearing and ``it'' for ``him'' and added pars. (4) to (6).
Subsec. (b). Pub. L. 93-443, Secs. 404(c)(13), 409(b), substituted
``Commission'', ``it'' and ``it'' for ``Comptroller General'', ``he''
and ``him'', respectively, and inserted ``in accordance with the
provisions of subsection (c)'' after ``regulations''.
Subsec. (c). Pub. L. 93-443, Sec. 409(a), added subsec. (c).
Effective Date of 1974 Amendment
Amendment by Pub. L. 93-443 applicable with respect to taxable years
beginning after Dec. 31, 1974, see section 410(c)(1) of Pub. L. 93-443,
set out as a note under section 431 of Title 2, The Congress.
Termination of Reporting Requirements
For termination, effective May 15, 2000, of reporting provisions in
subsec. (a) of this section, see section 3003 of Pub. L. 104-66, as
amended, set out as a note under section 1113 of Title 31, Money and
Finance, and page 168 of House Document No. 103-7.
