FEC Holds Hearing on Bundling Rule
by Amanda Adams*, 9/18/2008
The Federal Election Commission (FEC) held a hearing on how to implement a new requirement that all federal candidates, parties and political committees report any registered lobbyists or lobbying entities who engage in bundling of campaign contributions. The Honest Leadership and Open Government Act required the FEC to create a rule for the disclosure of bundled lobbyist contributions worth $15,000 or more.
The FEC heard from two panels at the public hearing. The FEC must decide some questions that will determine how much bundling activity will be disclosed. According to BNA Money and Politics ($$) those issues are;
- which contributions are properly credited to a fund-raising effort by a lobbyist;
- how to report money raised at a fund-raising event hosted by multiple lobbyists; and
- whether money raised by an agent of a lobbying organization, who is not a lobbyist, should be reported.
