The DISCLOSE ACT: An Overview - State and Federal Communications

August 25, 2010  •  

The DISCLOSE ACT: An Overview

U.S. CapitolThe Act was introduced as a response to the Supreme Court’s Citizens United decision.  It passed the House, but failed in the Senate before the August recess.  It is headed back to the floor for a vote next month when the Senate returns.

The Act would amend the Federal Election Campaign Act as follows:

  • Prohibit foreign-controlled domestic corporations from making contributions and expenditures;
  • Require that prior to making any contribution or expenditure, the highest ranking official of a corporation must file a certification with the FEC that they are not prohibited from making the contribution or expenditure;
  • Declare that a domestic corporation is permitted to create and solicit contributions for a separate segregated fund, as long as a foreign national does not contribute to or have any power or control over the fund;
  • Require that any person or corporation that makes an independent expenditures of more than $10,000:
    • File a disclosure report within 24 hours of the expenditure; and
    • File a new report each time they make or contract to make another expenditures of $10,000 or more;
    • Require that certain radio or television ads include a statement identifying the name of the committee responsible for it; and
    • Require corporations, labor organization, non-profits, and political organizations to report additional information on their independent expenditure reports, including certain transfers of money.

    Photo by Diliff on Wikipedia.

Continue Reading

State and Federal Communications, Inc. provides research and consulting services for government relations professionals on lobbying laws, procurement lobbying laws, political contribution laws in the United States and Canada. Learn more by visiting

Sort by Month