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The Abolish Super PACs Act amends the Federal Election Campaign Act of 1971 to impose contribution limits on Super PACs and other independent expenditure committees. The bill defines independent expenditure committees as political committees that make independent expenditures or contributions to other independent expenditure committees aggregating $5,000 or more in a calendar year, and subjects them to the same contribution limits that apply to other political committees. The amendments would take effect in the first calendar year beginning after enactment.
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