Congressional Research Service Reports - 3 Matching Results

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527 Political Organizations: Legislation in the 109th Congress

Description: The 109th Congress is examining the role of groups organized under section 527 of the Internal Revenue Code (IRC) that are involved in federal elections but are not operating under the requirements and restrictions of federal election law. Although such groups only recently emerged into public awareness, in 2004, they were widely seen as major players in the presidential election, with more than $400 million spent seeking to influence the outcome. Strictly speaking, the term “527” refers to a section of the Internal Revenue Code, which was added in 1975 to provide tax-exempt status to federal, state, and local political organizations, as defined in that statute. The controversy over these 527 groups arises from two factors: the different definitions used in federal election law and tax law as to what constitutes election-related activity and, further, the lack of certainty as to what election law itself regulates or may permissibly regulate. This report discusses these groups in detail, as well as related legislation.
Date: March 31, 2006
Creator: Cantor, Joseph E. & Lunder, Erika
Partner: UNT Libraries Government Documents Department

Campaign Finance: Potential Legislative and Policy Issues for the 111th Congress

Description: This report discusses selected campaign finance policy issues that may receive attention during the 111th Congress such as the electronic filing of senate campaign finance reports, bundling, hybrid advertising, joint fundraising committees, 527 Organizations and more.
Date: December 31, 2008
Creator: Garret, R. S.
Partner: UNT Libraries Government Documents Department