Senate Democrats File New Bill To Require Disclosure of Independent Campaign Donors Including Super PACS & 501 Groups

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According to a fact sheet provided by Whitehouse's office, the bill would require the following: Any covered organization that spends $10,000 or more on campaign-related disbursements during an election cycle [must] file a disclosure report with the Federal Election Commission within 24 hours, and [must] file a new report for each additional $10,000 or more that is spent, detailing the amount and nature of each expenditure over $1,000 and the names of all of its donors who gave $10,000 or more. Covered organizations include super PACs and tax-exempt 501(c)(4) organizations. Additionally, the ads would have to list the top donors behind the message.

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Waste of time.  We already know who they are.... by Lester Shepherd on Thursday, Mar 22, 2012 at 6:34:04 PM