) is amended by striking subsection (b)(2)(C) and inserting subsection (b) . 306. Participation in joint fundraising activities by multiple political committees (a) Findings Congress finds the following: (1) While Federal law permits the Federal Election Commission to engage in certain gap-filling activities as it administers the Federal Election Campaign Act of 1971, the regulations promulgated by the Federal Election Commission to govern joint fundraising activities of multiple political committees are not tied specifically to any particular provision of the Act, and while these regulations generally duplicate the provisions of the Act, they also impose additional and unnecessary burdens on political committees which seek to engage in joint fundraising activities, such as a requirement for written agreements between the participating committees. (2) It is therefore not necessary at this time to direct the Federal Election Commission to repeal the existing regulations which govern joint fundraising activities of multiple political committees, as some political committees may have reasons for following the provisions of such regulations which impose additional and unnecessary burdens on these activities. (b) Criteria for participation in joint fundraising activities Section 302 of the Federal Election Campaign Act of 1971 ( 52 U.S.C. 30102 ) is amended by adding at the end the following new subsection: (j) Criteria for participation in joint fundraising activities by multiple political committees (1) Criteria described Two or more political committees as defined in this Act may participate in joint fundraising activities in accordance with the following criteria: (A) The costs of the activities shall be allocated among and paid for by the participating committees on the basis of the allocation among the participating committees of the contributions received as a result of the activities. (B) Notwithstanding subparagraph (A), a participating committee may make a payment (in whole or in part) for the portion of