The City of St. Petersburg, Florida yesterday passed an ordinance designed to take the question of “Super PACs” to the Supreme Court for the first time. The ordinance, which we discussed in detail earlier this year, imposes a $5,000 limit on contributions to groups that raise money for or make
Continue Reading St. Petersburg Passes Anti-Super PAC Ordinance, Hoping to Set Up Constitutional Showdown
contribution limits
MSRB Pay-to-Play Challenge Stymied by Sixth Circuit over Standing
Over the past few years, a few state political party committees have relentlessly sought to block or overturn pay-to-play laws overseen by the Securities and Exchange Commission (SEC). Yesterday, the Sixth Circuit delivered another defeat to an ongoing effort to challenge federal pay-to-play laws.
Last year, we noted that the…
Continue Reading MSRB Pay-to-Play Challenge Stymied by Sixth Circuit over Standing
Kentucky Raises Contribution Limits in July, Adjusts Reporting
Starting this month, nearly all of Kentucky’s campaign contribution limits increase, excepting contributions that remain either unlimited in amount or prohibited.
Perhaps the most substantial change is the establishment of building fund accounts for political party executive committees, which may now accept unlimited funds from corporations. Also of note is…
Continue Reading Kentucky Raises Contribution Limits in July, Adjusts Reporting
Efforts to End Super PACs Moving Forward, Face Uphill Climb
Last summer there was much ado about the two parallel efforts of a “Dream Team” of attorneys to “end Super PACs.” Their goal was to get the Supreme Court to overturn the decision of the D.C. Circuit in SpeechNow v. FEC, and similar decisions in other circuits, which led to…
Continue Reading Efforts to End Super PACs Moving Forward, Face Uphill Climb
FEC Increases Contribution Limits to Party Committees, Leaves Candidate Limits the Same
The Federal Election Commission has announced contribution limits for the 2017-2018 election cycle. The new limits are effective January 1, 2017.
The FEC did not change the limit on the amount an individual can contribution to a candidate, leaving the limit at $2700 per election. Because the primary and general…
Continue Reading FEC Increases Contribution Limits to Party Committees, Leaves Candidate Limits the Same
MSRB Pay-to-Play Rule Expanded, Opening Door to Enforcement
On Wednesday, the Municipal Securities Rulemaking Board (MSRB) announced that its expanded pay-to-play rules will cover municipal advisors, including third-party solicitors, as of August 17, 2016.
As we noted previously and discussed during Covington’s Corporate Political Activity & Government Affairs Compliance Conference earlier this month, the MSRB has been drafting…
Continue Reading MSRB Pay-to-Play Rule Expanded, Opening Door to Enforcement
California Penalizes Campaign, Committee for Coordination Violation
As Super PACs and campaigns continue to edge closer to the legal line between “independence” and “coordination,” it has become common to hear calls for the FEC to take a stricter role in enforcing the law. Yet as recently reported by BNA, the FEC has not found a single…
Continue Reading California Penalizes Campaign, Committee for Coordination Violation
Highlights from Wagner; D.C. Circuit Upholds Contributions Restrictions But Limits Ruling
The Wagner case, decided today by the D.C. Circuit, is important because of its analysis of the constitutionality of federal campaign contribution restrictions and, by extension, of pay-to-play laws generally. Covington has been monitoring this case since the district court decision in 2012, to the argument before the D.C. Circuit…
Continue Reading Highlights from Wagner; D.C. Circuit Upholds Contributions Restrictions But Limits Ruling
FEC Increases Contribution Limits, Permitting Individuals to Contribute over $800K to National Party Committees
The Federal Election Commission has increased the limits on the amount an individual can contribute to a candidate or national political party for the 2015-2016 election cycle. An individual can now give up to $2,700 per election to a candidate for federal office, up from $2,600. Because the primary and…
Continue Reading FEC Increases Contribution Limits, Permitting Individuals to Contribute over $800K to National Party Committees
The SEC & Big Data
In our discussion of the Securities & Exchange Commission’s (SEC) actions over the past year, we described how the SEC is ramping up enforcement of its pay-to-play restrictions. We also pointed out an acknowledgment by an agency enforcement official that the agency is “actively looking” for violations and that the…
Continue Reading The SEC & Big Data