The U.S. House Committee on Appropriations is considering a major change to the way trade associations are allowed to raise money into their political action committees (PACs). Currently, if a trade association wants to solicit money from its member companies’ employees, it must first get advance approval from the company, and each company can authorize
PAC
FEC Offers New Guidance on PAC Reporting
Posted in Campaign Finance
The FEC has issued an “interpretive rule” clarifying how federal PACs should report certain disbursements to vendors on FEC Form 3. Federal PACs have long been required to report the full name and address of each person to whom they make expenditures aggregating more than $200 in a calendar year, along with the…
Ballot Initiative Could Put An End To Federal Corporate PAC Giving In California
By Zachary G. Parks on
Posted in Campaign Finance, State Law
California voters will face 11 statewide ballot initiatives when they visit the polls in less than three weeks. One, Proposition 32, has garnered significant media attention because it would bar unions from using payroll deduction to collect PAC contributions. Its effects on corporate PACs — which could be just as far-reaching — have been…