May 1, 2017 •
Proposed US Spending Bill Has Campaign Finance Amendments
Among the amendments in the 2017 Consolidated Appropriations Act expected to pass into law this week are two provisions affecting campaign financing.
House Resolution 244 explicitly prohibits the Internal Revenue Service from making new rules concerning the political speech or activity of 501(c)(4) organizations. The legislation also prohibits the Securities and Exchange Commission from finalizing, issuing, or implementing any rule, regulation, or order regarding the disclosure of political contributions, contributions to tax exempt organizations, or dues paid to trade associations.
On May 2, the Senate Committee on Rules will meet on address these and other amendments in the bill.
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