House to Take Up 527 Legislation This Week
by Guest Blogger, 4/4/2006
The House is scheduled to take up 527 legislation (H.R. 513) this week to reform organizations created under section 527 of the tax code.
The legislation, sponsored by Reps. Christopher Shays and Marty Meehan would place contribution limits on groups that took in millions of dollars in unlimited contributions in the 2004 campaign.
There are questions about the terms of the House debate. Rep. Mike Pence has said he wants to offer an amendment that would repeal the aggregate limit on "hard money" contributions to federal candidates and national political parties.
Pence is opposed to further limits on campaign funding. He has stated in press releases that he believes any problems caused by non-party groups can be solved by providing more fund-raising freedom for the parties and candidates.
