Mobile Menu - OpenMobile Menu - Closed

Congressman Price Issues Statement on House Passage of H.R. 1: The For the People Act

March 8, 2019
Press Release
Legislation authored by Rep. Price was incorporated into H.R. 1, the For the People Act

WASHINGTON, D.C. (March 8, 2019)– Today, Friday, March 8, 2019, Congressman David Price (D-NC), Vice Chair of the House Democracy Reform Taskforce, issued the following statement regarding House passage of H.R. 1, the For the People Act.  As a lifelong advocate for democratic and electoral reforms, Rep. Price authored several provisions included in the package that would modernize the presidential public financing system, reduce the influence of Super PACs, repeal the IRS “Dark Money” rule, and ensure that corporations and other groups disclose their top funders and take responsibility for political advertisements.

 

“H.R. 1 is landmark legislation that represents a comprehensive blueprint to improve our democracy.”  said Congressman Price. “With threats like extreme gerrymandering, assaults on voting rights, unaccountable big money in politics, and inadequate ethics rules for Congress and the executive branch, the health of our democratic system is strained and in dire need of reform. I authored several provisions included in the bill that would modernize the presidential public financing system, reduce the influence of Super PACs, repeal the IRS “Dark Money” rule, and ensure that corporations and other groups disclose their top funders and take responsibility for political advertisements. I am extremely pleased that the For The People Act passed the House of Representatives, and I urge my colleagues in the Senate to take it up without delay.”

 

The following components of H.R. 1 reflect bills authored by Rep. Price during the 115th Congress:

 

  • Public Financing for Campaigns - Modernizes the presidential public financing system and establishes a similar public matching system for congressional campaigns to empower small donors, encourage candidates from diverse backgrounds to run for office, and blunt the influence of special interests (Empower Act, H.R. 3954; We The People Democracy Reform Act, H.R. 3848).

 

  • Cracks Down on Super PAC Coordination - Strengthens anti-coordination rules for “independent” Super PACs to ensure they do not operate solely on behalf of single candidates or as de facto arms of their campaigns (Stop Super PAC-Candidate Coordination Act, H.R. 3952).

 

  • Expands ‘Stand By Every Ad’ - Expands and enhances existing “stand by your ad” disclosure requirements to cover leaders of corporations, unions, or other organizations who purchase political ads on TV, radio, or online (We The People Democracy Reform Act, H.R. 3848).

 

  • Repeals IRS “Dark Money” Rule – Repeals the recent IRS ruling that allows politically-active nonprofit groups to stop reporting major donors to the IRS.  The IRS ruling makes it more likely that foreign interests will influence our political process. (Spotlight Act, H.R. 6900).

 

A summary of H.R. 1 can be found here

 

You can click here to watch Congressman Price’s remarks in support of H.R. 1. The For the People Act passed the House with 234 votes.

 

 

###