26 U.S.C. § 9039 : US Code - Section 9039: Reports to Congress; regulations

Search 26 U.S.C. § 9039 : US Code - Section 9039: Reports to Congress; regulations

(a) Reports
The Commission shall, as soon as practicable after each matching
payment period, submit a full report to the Senate and House of
Representatives setting forth -
(1) the qualified campaign expenses (shown in such detail as
the Commission determines necessary) incurred by the candidates
of each political party and their authorized committees,
(2) the amounts certified by it under section 9036 for payment
to each eligible candidate, and
(3) the amount of payments, if any, required from candidates
under section 9038, and the reasons for each payment required.
Each report submitted pursuant to this section shall be printed as
a Senate document.
(b) Regulations, etc.
The Commission is authorized to prescribe rules and regulations
in accordance with the provisions of subsection (c), to conduct
examinations and audits (in addition to the examinations and audits
required by section 9038(a)), to conduct investigations, and to
require the keeping and submission of any books, records, and
information, which it determines to be necessary to carry out its
responsibilities under this chapter.
(c) Review of regulations
(1) The Commission, before prescribing any rule or regulation
under subsection (b), shall transmit a statement with respect to
such rule or regulation to the Senate and to the House of
Representatives, in accordance with the provisions of this
subsection. Such statement shall set forth the proposed rule or
regulation and shall contain a detailed explanation and
justification of such rule or regulation.
(2) If either such House does not, through appropriate action,
disapprove the proposed rule or regulation set forth in such
statement no later than 30 legislative days after receipt of such
statement, then the Commission may prescribe such rule or
regulation. Whenever a committee of the House of Representatives
reports any resolution relating to any such rule or regulation, it
is at any time thereafter in order (even though a previous motion
to the same effect has been disagreed to) to move to proceed to the
consideration of the resolution. The motion is highly privileged
and is not debatable. An amendment to the motion is not in order,
and it is not in order to move to reconsider the vote by which the
motion is agreed to or disagreed to. The Commission may not
prescribe any rule or regulation which is disapproved by either
such House under this paragraph.
(3) For purposes of this subsection, the term "legislative days"
does not include any calendar day on which both Houses of the
Congress are not in session.
(4) For purposes of this subsection, the term "rule or
regulation" means a provision or series of interrelated provisions
stating a single separable rule of law.