INDEPENDENT VERSUS COORDINATED EXPENDITURES BY PARTY.

SEC. 213. INDEPENDENT VERSUS COORDINATED EXPENDITURES BY PARTY.Section 315(d) of the Federal Election Campaign Act of 1971 (2 U.S.C. 441a(d)) is amended— (1) in paragraph (1), by striking “and (3)” and inserting “, (3), and (4)”; and (2) by adding at the end the following: “(4) Independent versus coordinated expenditures by party.— “(A) In general.—On or after the date on which a political party nominates a candidate, no committee of the political party may make— “(i) any coordinated expenditure under this subsection with respect to the candidate during the election cycle at any time after it makes any independent expenditure (as defined in section 301(17)) with respect to the candidate during the election cycle; or “(ii) any independent expenditure (as defined in section 301(17)) with respect to the candidate during the election cycle at any time after it makes any coordinated expenditure under this subsection with respect to the candidate during the election cycle. “(B) Application.—For purposes of this paragraph, all political committees established and maintained by a national political party (including all congressional campaign committees) and all political committees established and maintained by a State political party (including any subordinate committee of a State committee) shall be considered to be a single political committee. “(C) Transfers.—A committee of a political party that makes coordinated expenditures under this subsection with respect to a candidate shall not, during an election cycle, transfer any funds to, assign authority to make coordinated expenditures under this subsection to, or receive a transfer of funds from, a committee of the political party that has made or intends to make an independent expenditure with respect to the candidate.”.