| This vote was on final passage of H.R. 2356, the House-passed Shays-Meehan bill, which was a companion to the McCain-Feingold-Cochran bill (S. 27), which passed the Senate in 2001. The legislations major provisions included: a ban on soft money (unlimited contributions to political parties from corporations, unions and individuals) for federal elections and a prohibition on corporate and union treasury financing of broadcast issue ads that clearly refer to a federal candidate 60 days prior to a general election. When the Senate accepts a House-passed bill, it goes directly to the Presidents desk for signature into law. Passed 60 Yea to 40 Nay. |