News Releases, Media Advisories
|For Immediate Release
May 30, 2003
|SCHEDULE SET FOR JUNE 6 PUBLIC HEARING
ON PRESIDENTIAL PUBLIC FINANCING PROPOSED RULE
|WASHINGTON The Federal
Election Commission will conduct a public hearing beginning at 9 a.m. Friday, June 6, on a
proposed rule that would revise regulations governing publicly financed presidential
candidates and national nominating conventions (see FEC news release 04/16/03).
These regulations implement the provisions of the Presidential Election Campaign Fund Act, the Presidential Primary Matching Payment Account Act and the Presidential Nominating Conventions Act, which establish eligibility requirements for presidential candidates and party nominating conventions seeking public financing, and indicate how funds received under the public financing system may be spent.
The purpose of the proposed rule-revisions (available on FEC web site http://www.fec.gov/register.htm [expired link] ) is to more effectively administer the public financing program during the 2004 election cycle. In addition, the Commission is considering how the Bipartisan Campaign Reform Act of 2002 (BCRA), along with the Commissions implementing regulations related to BCRA, may affect the public funding rules.
Hearing schedule and panels for the June 6 hearing are:
The NPRM, approved by the Commission on April 3, 2003 would address many of the sections in the current regulations, including:
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