99-29554. Public Financing of Presidential Primary and General Election Campaigns

[Federal Register Volume 64, Number 218 (Friday, November 12, 1999)]
[Rules and Regulations]
[Page 61475]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-29554]



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Federal Register / Vol. 64, No. 218 / Friday, November 12, 1999 / 
Rules and Regulations

[[Page 61475]]


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FEDERAL ELECTION COMMISSION

[Notice 1999-25]

11 CFR Parts 9003, 9004, 9008, 9032, 9033, 9034, 9035, and 9036


Public Financing of Presidential Primary and General Election 
Campaigns

AGENCY: Federal Election Commission.

ACTION: Final rule; announcement of effective date.

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SUMMARY: On September 13, 1999, the Commission published the text of 
revised regulations governing publicly financed Presidential campaigns. 
64 FR 49355. The Commission announces that certain of these revisions 
are effective as of November 12, 1999, while other revisions are 
effective as of June 1, 2000.

EFFECTIVE DATES: These rules are effective November 12, 1999, except 
for 11 CFR 9003.3 and 9034.4(e)(6)(i), which are effective June 1, 
2000.

FOR FURTHER INFORMATION CONTACT: Ms. Rosemary C. Smith, Assistant 
General Counsel, 999 E Street, NW, Washington, DC 20463, [phone] 
or toll free [phone].

SUPPLEMENTARY INFORMATION: The Commission is announcing the effective 
date of revised regulations at 11 CFR 9003.3, 9003.5, 9004.4, 9004.9, 
9008.7, 9008.14, 9008.52, 9008.53, 9032.11, 9033.11, 9034.4, 9034.5, 
9035.1, 9036.1, and 9036.2. These regulations implement the provisions 
of the Presidential Election Campaign Fund Act, 26 U.S.C. 9001 et seq., 
and the Presidential Primary Matching Payment Account Act, 26 U.S.C. 
9031 et seq., which establish eligibility requirements for Presidential 
candidates seeking public financing, and indicate how funds received 
under the public financing system may be spent. They also require the 
Commission to audit publicly financed campaigns and seek repayment 
where appropriate. These new rules address, inter alia, the pre-
nomination formation of a General Election Legal and Compliance Fund 
(``GELAC''); transfers from a primary campaign committee to a GELAC; 
joint primary and GELAC solicitations; winding down costs; lost, 
misplaced or stolen items; disposition of capital assets; and receipts 
and disbursements of convention host committees
    Sections 9009(c) and 9039(c) of Title 26, United States Code, 
require that any rules or regulations prescribed by the Commission to 
carry out the provisions of Title 26 of the United States Code be 
transmitted to the Speaker of the House of Representatives and the 
President of the Senate thirty legislative days prior to final 
promulgation. These rules were transmitted to Congress on September 7, 
1999. Thirty legislative days expired in the Senate and the House of 
Representatives on October 27, 1999.
    Please note that the majority of these revisions will become 
effective on November 12, 1999. However, the revisions to 11 CFR 9003.3 
and 9034.4(e)(6), dealing with GELAC solicitations, will take effect on 
June 1, 2000.
    Announcement of Effective Date: Revised 11 CFR 9003.5, 9004.4, 
9004.9, 9008.7, 9008.14, 9008.52, 9008.53, 9032.11, 9033.11, 9034.4(a), 
(b), and the introductory language to (e), 9034.5, 9035.1, 9036.1, and 
9036.2, as published at 64 FR 49355 (September 13, 1999), are effective 
as of November 12, 1999. Revised 11 CFR 9003.3 and 9034.4(e)(6)(i), 
also published at 64 FR 49355, are effective as of June 1, 2000.

    Dated: November 8, 1999.
Scott E. Thomas,
Chairman, Federal Election Commission.
[FR Doc. 99-29554 Filed 11-10-99; 8:45 am]
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