Political Reform Act of 1974: committee termination.

The Political Reform Act of 1974 provides for the comprehensive regulation of campaign financing, including requiring the filing of reports of contributions and expenditures. The act requires committees and candidates to terminate their filing obligation, as provided by the Fair Political Practices Commission by regulation, ensuring that the committee or candidate will have no activity that must be disclosed subsequent to the termination. This bill would make nonsubstantive changes to that provision.