A bill to amend the Federal Election Campaign Act with respect to contributions and expenditures by national banks, corporations, and labor unions.

[AI summary unavailable — showing source text] Amends the Federal Election Campaign Act to declare that contributions, gifts, or payments by union members to a separate fund which is used by the union for political purposes must be voluntary and unrelated to monies required as a condition of employment. Declares it to be unlawful to use monies paid to an organization as a condition of employment for any type of election or campaign activity by such organization.…