Bill 119 HR 415, also known as the "Stop Congressional Fundraising Act," aims to amend the Federal Election Campaign Act of 1971. The main purpose of this bill is to prohibit individuals who hold Federal office from directly soliciting contributions for any political committee under the Act. This means that members of Congress and other federal officeholders would no longer be able to personally ask for donations on behalf of political committees.
The bill seeks to address concerns about potential conflicts of interest and the influence of money in politics. By prohibiting direct solicitation of contributions, the hope is to reduce the perception of corruption and undue influence on elected officials.
In addition to the prohibition on direct solicitation, the bill also includes other provisions related to campaign finance. These provisions are aimed at increasing transparency and accountability in the political fundraising process.
Overall, Bill 119 HR 415 represents an effort to reform campaign finance laws and reduce the influence of money in politics. It will be interesting to see how this bill progresses through Congress and what impact it may have on the political fundraising landscape.