Federal Election Campaign Reform and Disclosure Act

[AI summary unavailable — showing source text] Federal Election Campaign Reform and Disclosure Act - Provides, under the Federal Election Campaign Act, that reports by political committees and candidates shall be filed within ten days after the close of each calendar quarter. Requires that additional reports, beginning 60 days before the date of any election, be filed each Monday until the election with respect to contributions received during the preceding calendar week. Provides that any anonymous contribution shall be reported within one week after receipt, with a description of the form of the contribution, its amount, and the circumstances under which it was received. States that any contribution received by a political committee which receives contributions to or makes expenditures for more than one candidate shall report such contribution separately. Establishes, as an independent establishment of the executive branch, the Federal Election Commission, to be composed of nine members appointed by and with the advice and consent of the Senate. Prescribes the terms of appointment of such members. Provides for a chairman and Vice Chairman of the Commission. Directs the Commission to appoint a General Counsel and an Executive …