Abolish Super PACs Act

Bill 119 HR 2352, also known as the "Super PAC Contribution Limits Act," aims to amend the Federal Election Campaign Act of 1971 in order to impose reasonable restrictions on the amount of money that can be contributed to Super PACs that engage in independent expenditures.

Super PACs, or political action committees, are organizations that can raise and spend unlimited amounts of money to support or oppose political candidates, as long as they do not coordinate directly with the candidates' campaigns. This has led to concerns about the influence of big money in politics and the potential for wealthy donors to have undue influence over elections.

The proposed legislation seeks to address these concerns by placing limits on the contributions that individuals, corporations, and other entities can make to Super PACs. By imposing these limits, the bill aims to reduce the influence of wealthy donors and special interests in the political process, and to promote greater transparency and accountability in campaign finance. In addition to limiting contributions to Super PACs, the bill also includes provisions aimed at increasing disclosure requirements for political spending and strengthening enforcement mechanisms to ensure compliance with the new regulations. Overall, the Super PAC Contribution Limits Act represents an effort to address the growing concerns about the role of money in politics and to promote a more fair and transparent electoral process.