1. Short title This Act may be cited as the Judicial Ads Act . 2. Statements of spending on Federal judicial nomination communications (a) In general Title III of the Federal Election Campaign Act of 1971 ( 52 U.S.C. 30101 ) is amended by adding at the end the following new subtitle: B Federal judicial nomination communications 351. Statements of spending on Federal judicial nomination communications (a) In general (1) Statement required Any covered organization that spends or contracts to spend a total of more than $50,000 on Federal judicial nomination communications during any calendar year shall file a statement with the Commission at the times described in paragraph (2) and containing the information described in paragraph (3). (2) Time for filing statement A statement shall be required to be filed under this subsection not later than 48 hours after each of the following: (A) The first date during any calendar year by which the covered organization has spent or contracted to spend a total of more than $50,000 on Federal judicial nomination communications. (B) Any date during such calendar year after the date described in subparagraph (A) by which the covered organization has spent or contracted to spend a total of more than $50,000 on Federal judicial nomination communications since the most recent date on which a statement was required to be filed under this subsection for such calendar year. (C) The last day of any calendar year in which a covered organization has filed a statement under subparagraph (A). (3) Contents of statement Each statement required to be filed under this subsection shall be made under penalty of perjury and shall contain the following information: (A) The name of the covered organization. (B) The principal place of business of the covered organization. (C) If the covered organization is a corporation (other than a business concern that is an issuer of a class of securities registered under section 12 of the Securities Exchange Act of 1934 ( 15 U.S.C. 78l ) or that is required to