One newspaper’s take on how many bills become laws in California includes significant lobbyist involvement and the piece is here. A Mercury News analysis found that in 2007-08, the most recent complete two-year legislative session, more than 1,800 bills — about 39 percent — were sponsored by outside interests. Those sponsored bills constituted 60 percent […]
Day: July 11, 2010
SEC’s new pay to play rules and notions of “solicit” and “bundling”
Still going through the Securities and Exchange Commission’s new pay to play rules? A few random points. On the rules’ notion of what constitutes a “solicitation,” the rules adopt a broad facts and circumstances test. Footnote 328 discusses the definition and cites a Caplin & Drysdale comment letter. On bundling, the rules don’t define the […]
When a candidate dies where does the money go?
When a candidate passes away, what happens to their campaign account? CQMoneyline’s “The Eye” discusses what the committee supporting the late Rep. Murtha has been doing with its funds here.