The Democracy Bill
“Public Election Funding and Campaign Finance Integrity Act”
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
“By law, Federal candidates receive campaign money from a public system only. Private donations from individuals, corporations, or interest groups are not allowed. Campaign money belongs to the public.”
Section 1. Short Title.
This Act may be cited as the “Public Election Funding and Campaign Finance Integrity Act.”
Section 2. Purpose.
The purposes of this Act are to establish exclusive public financing for federal elections; eliminate private financial influence; ensure equitable access to candidacy; prevent the accumulation, transfer, or recycling of campaign funds among politicians; and restore public confidence in democratic governance.
Section 3. Definitions.
Federal office includes President, Vice President, United States Senator, and United States Representative. Public campaign funds are funds distributed under this Act for campaign purposes only. Private contribution means any monetary or in-kind contribution not authorized under this Act.
Section 4. Qualification of Political Parties.
Congress shall establish a national voting threshold required for political parties to qualify for participation in the public campaign funding system.
Section 5. Candidate Eligibility.
A qualified political party shall provide public campaign funds to any individual who applies to represent the party, submits at least five hundred (500) valid voter signatures, and has no felony convictions.
Section 6. Exclusive Public Financing.
Candidates for federal office shall finance campaigns exclusively through public campaign funds. No private contributions may be solicited, accepted, or expended.
Section 7. Administration of Funds.
Congress shall establish procedures governing funding amounts, distribution, permissible expenditures, and oversight.
Section 8. Disposition of Unexpended Public Campaign Funds.
Upon retirement, withdrawal, defeat, or completion of a campaign, unexpended public campaign funds shall be returned either to the candidate’s qualified political party or to the United States Treasury. No funds may be transferred to another candidate or individual. Parties may use returned funds only for party operations or future public campaign financing.
Section 9. Enforcement and Penalties.
Violations shall result in forfeiture of funds, civil penalties, disqualification from office, or criminal penalties where intent is shown.
Section 10. Rulemaking Authority.
Congress shall promulgate all regulations necessary to carry out this Act.
~WWS
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