Corporations, trade associations, non-profits, other organizations, and individuals face significant penalties and reputational harm if they violate state laws governing corporate and personal political activities, the registration of lobbyists, lobbying reporting, or the giving of gifts or items of value to government officials or employees. To help organizations and individuals
Corporate PAC
Understanding H.R. 1 (Part 1): Corporate & Trade Association Campaign Activity
With a growing chorus of support across the progressive landscape, the For the People Act of 2021 has emerged as a key legislative priority for congressional Democrats in the 117th Congress. Envisioned as a “transformational anti-corruption and clean elections reform package,” the bill would enact sweeping changes to federal election…
Continue Reading Understanding H.R. 1 (Part 1): Corporate & Trade Association Campaign Activity
Understanding H.R. 1 (Part 1): Corporate & Trade Association Campaign Activity
With a growing chorus of support across the progressive landscape, the For the People Act of 2021 has emerged as a key legislative priority for congressional Democrats in the 117th Congress. Envisioned as a “transformational anti-corruption and clean elections reform package,” the bill would enact sweeping changes to federal election…
Continue Reading Understanding H.R. 1 (Part 1): Corporate & Trade Association Campaign Activity
The Top 10 Political Law Red Flags for M&A Deals
During the diligence process that precedes a merger or acquisition, investment firms and corporations should pay careful attention to political law risks. Political laws are notoriously complex, are often not intuitive, and even seemingly minor or technical violations of these rules can result in significant penalties and reputational harm. These…
Continue Reading The Top 10 Political Law Red Flags for M&A Deals
The Top 10 Political Law Red Flags for M&A Deals
During the diligence process that precedes a merger or acquisition, investment firms and corporations should pay careful attention to political law risks. Political laws are notoriously complex, are often not intuitive, and even seemingly minor or technical violations of these rules can result in significant penalties and reputational harm. These…
Continue Reading The Top 10 Political Law Red Flags for M&A Deals
IRS Steps into Fray on Political Activities
The Internal Revenue Service (IRS) recently issued two private letter rulings (PLRs) that may be interesting for tax-exempt organizations that engage in political activity.
In the first ruling, the IRS held that a company could not deduct payments made to charity under a PAC matching contribution program as an “ordinary…
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New Overtime Rules May Spell Trouble For Some Corporate PACs
The Obama Administration’s publication yesterday of a regulation increasing the universe of employees entitled to overtime pay might reduce the number of employees from whom corporate PACs can seek contributions.
The new regulations, which take effect on December 1, 2016, increase the salary level below which certain employees are entitled…
Continue Reading New Overtime Rules May Spell Trouble For Some Corporate PACs
FEC Issues Zero Tolerance Decision on Foreign National Contributions
In a little noticed decision earlier this month, the FEC announced the settlement of an enforcement case that sets a compliance standard that few companies may currently meet. FEC ADR Case 708 (Marsh & McLennan Companies, Inc. PAC). The outcome is even more surprising because the case involved a single…
Continue Reading FEC Issues Zero Tolerance Decision on Foreign National Contributions
The Obama Administration’s Changes to the Overtime Pay Rules Could Impact Corporate PACs
The Obama administration announced yesterday that it will revise the regulations that define if an individual is an “executive” or “administrative” employee exempt from the overtime pay provisions of the Fair Labor Standards Act (FLSA). This could have an unexpected impact on corporate PACs, potentially shrinking the number of employees…
Continue Reading The Obama Administration’s Changes to the Overtime Pay Rules Could Impact Corporate PACs