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Title 52 — Voting and Elections

Chapter 301 — Federal Election Campaigns

§ 30141. Extension of credit by regulated industries; regulations

Statutory text

The Secretary of Transportation, the Federal Communications Commission, and the Surface Transportation Board shall each maintain,1 its own regulations with respect to the extension of credit, without security, by any person regulated by the Secretary under subpart II of part A of subtitle VII of title 49, or such Commission or Board, to any candidate for Federal office, or to any person on behalf of such a candidate, for goods furnished or services rendered in connection with the campaign of such candidate for nomination for election, or election, to such office.

Footnotes

  1. 1 So in original. The comma probably should not appear.

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

  1. Federal Election Campaign Act of 1971

    Pub. L. 92–225 title IV § 401 · 86 Stat. 3

    Enacted · 52 U.S.C. § 30141

    Pub. L. 92–225, title IV, § 401, Feb. 7, 1972, 86 Stat. 19

    Source evidence

    Code source credit
    Pub. L. 92–225, title IV, § 401, Feb. 7, 1972, 86 Stat. 19

    Enacted provision · exact public law section
    Sec. 401. extension of credit by regulated industries The Civil Aeronautics Board, the Federal Communications Commission, and the Interstate Commerce Commission shall each promulgate, within ninety days after the date of enactment of this Act, its own regulations with respect to the extension of credit, without security, by any person regulated by such Board or Commission to any candidate for Federal office (as such term is defined in section 301(c) of the Federal Election Campaign Act of 1971), or to any person Ante, p. 11. on behalf of such a candidate, for goods furnished or services rendered in connection with the campaign of such candidate for nomination for election, or election, to such office.

  2. Pub. L. 93–443 title II § 201(b)(1) · 88 Stat. 1263

    Struck · 52 U.S.C. § 30141

    Pub. L. 93–443 struck out “(as such term is defined in section 431(c) of this title)” after “Federal office”

    Source evidence

    Code amendment note
    Pub. L. 93–443 struck out “(as such term is defined in section 431(c) of this title)” after “Federal office”.

    Enacted provision · exact public law section
    (1) Section 401 of the Federal Election Campaign Act of 1971, 2 USC 451. relating to extension of credit by regulated industries, is amended by striking out “(as such term is defined in section 301(c) of the Federal Election Campaign Act of 1971)”. 2 USC 431.

  3. Pub. L. 103–272 § 4(a) · 108 Stat. 745

    1. Substituted · 52 U.S.C. § 30141

      Pub. L. 103–272 substituted “Secretary of Transportation” for “Civil Aeronautics Board”

    2. Substituted · 52 U.S.C. § 30141

      Pub. L. 103–272 substituted “Secretary under subpart II of part A of subtitle VII of title 49, or such Commission,” for “Board or Commission”

    Source evidence

    Code amendment note
    Pub. L. 103–272 substituted “Secretary of Transportation” for “Civil Aeronautics Board” and “Secretary under subpart II of part A of subtitle VII of title 49, or such Commission,” for “Board or Commission”.

    Enacted provision · exact public law section
    (a) Section 401 of the Federal Election Campaign Act of 1971 (2 U.S.C. 451) is amended by striking “Civil Aeronautics Board” and “Board or Commission” and substituting “Secretary of Transportation” and “Secretary under subpart II of part A of subtitle VII of title 49, United States Code, or such Commission,”, respectively.

  4. ICC Termination Act of 1995

    Pub. L. 104–88 title III § 313 · 109 Stat. 803

    1. Inserted · 52 U.S.C. § 30141

      Pub. L. 104–88 inserted “or Board” after “or such Commission”

    2. Substituted · 52 U.S.C. § 30141

      Pub. L. 104–88 substituted “Surface Transportation Board shall each maintain” for “Interstate Commerce Commission shall each promulgate, within ninety days after February 7, 1972”

    Source evidence

    Code amendment note
    Pub. L. 104–88 inserted “or Board” after “or such Commission” and substituted “Surface Transportation Board shall each maintain” for “Interstate Commerce Commission shall each promulgate, within ninety days after February 7, 1972”.

    Enacted provision · exact public law section
    SEC. 313. FEDERAL ELECTION CAMPAIGN ACT OF 1971 AMENDMENTS. 2 USC 451. Section 401 of the Federal Election Campaign Act of 1971 is amended— (1) by striking “Interstate Commerce Commission shall each promulgate, within ninety days after the date of enactment of this Act” and inserting in lieu thereof “Surface Transportation Board shall each maintain”; and (2) by inserting “or Board” after “or such Commission”.

    Effective date note
    Amendment by Pub. L. 104–88 effective Jan. 1, 1996, see section 2 of Pub. L. 104–88, set out as an Effective Date note under section 1301 of Title 49, Transportation.

  5. Pub. L. 104–287 § 6(g) · 110 Stat. 3388

    Substituted · 52 U.S.C. § 30141

    Pub. L. 104–287 substituted “the Secretary” for “such Secretary”

    Source evidence

    Code amendment note
    Pub. L. 104–287 substituted “the Secretary” for “such Secretary”.

    Enacted provision · exact public law section
    (6) In section 702, strike “the effective date of such Act” and substitute “January 1, 1996”.

7 of 7 references resolved to an enrolled provision

Editorial Notes

References in Text

Subpart II of part A of subtitle VII of title 49, referred to in text, is set out in section 41101 et seq. of Title 49, Transportation.

Codification

Section was formerly classified to section 451 of Title 2, The Congress, prior to editorial reclassification and renumbering as this section. Some section numbers referenced in amendment notes below reflect the classification of such sections prior to their editorial reclassification to this title.

Amendments1974–1996 · 4 rounds

1996

Pub. L. 104–287 substituted “the Secretary” for “such Secretary”.

1995

Pub. L. 104–88 inserted “or Board” after “or such Commission” and substituted “Surface Transportation Board shall each maintain” for “Interstate Commerce Commission shall each promulgate, within ninety days after ”.

1994

Pub. L. 103–272 substituted “Secretary of Transportation” for “Civil Aeronautics Board” and “Secretary under subpart II of part A of subtitle VII of title 49, or such Commission,” for “Board or Commission”.

1974

Pub. L. 93–443 struck out “(as such term is defined in section 431(c) of this title)” after “Federal office”.

Statutory Notes and Related Subsidiaries

Effective Date of 1995 Amendment

Amendment by Pub. L. 104–88 effective , see section 2 of Pub. L. 104–88, set out as an Effective Date note under section 1301 of Title 49, Transportation.

Effective Date of 1974 Amendment

Amendment by Pub. L. 93–443 effective , see section 410(a) of Pub. L. 93–443, set out as a note under section 30101 of this title.

Credits

1972–1996 · 5 acts
  1. 1972Pub. L. 92–225, title IV, § 401, , 86 Stat. 19
  2. 1974Pub. L. 93–443, title II, § 201(b)(1), , 88 Stat. 1275
  3. 1994Pub. L. 103–272, § 4(a), , 108 Stat. 1360
  4. 1995Pub. L. 104–88, title III, § 313, , 109 Stat. 948
  5. 1996Pub. L. 104–287, § 6(g), , 110 Stat. 3399.
Show as published

(Pub. L. 92–225, title IV, § 401, , 86 Stat. 19; Pub. L. 93–443, title II, § 201(b)(1), , 88 Stat. 1275; Pub. L. 103–272, § 4(a), , 108 Stat. 1360; Pub. L. 104–88, title III, § 313, , 109 Stat. 948; Pub. L. 104–287, § 6(g), , 110 Stat. 3399.)

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