On the recordFebruary 15, 2000
there are many proposals out there for campaign finance reform. One of the more interesting ones I have recently seen was a proposal that would prevent incumbents from transferring funds from one Federal campaign to another, i.e., let us say that a Member of the House had a campaign fund set up for his reelection to the House, but then he decided to run for the Senate. Under current law, one can roll that over, whatever amount one has in there over into one's Senate run. Now, I would suggest to my colleagues that the reason why whoever wrote this bill in the Senate did not think that that was a good idea was because if one was a Senator and one included a provision that said, nobody in the House could roll over their House congressional fund into a Senate fund, that would be a Senate incumbent protection act.
Source
govinfo.gov
