First Amendment Protection Act

HR 4472, the First Amendment Protection Act, would reform campaign finance regulations by removing restrictions on political contributions and expenditures. The bill repeals limits on coordinated political party spending, eliminates aggregate contribution limits for individuals, and equalizes contribution rules for State and national political party committees. It also increases thresholds for political committee registration and reporting requirements, exempts certain internet communications from contribution rules, and prohibits federal funds from supporting congressional campaigns. These changes would directly affect political parties, candidates, and political committees in how they raise and spend campaign funds.