PAY TO PLAY AND MSRB UPDATE. Steptoe. “While regulators will seek to adjust in a post-McCutcheon world, counsel for targeted entities – in this case those entities that may do business with or advise municipalities – must first determine whether they meet the definition of ‘municipal advisor’ as set out by the SEC.”
SUPER PAC CROWDFUNDING. The Verge. “MayOne, the crowdfunded super PAC that is supposed to fight big money in politics by raising big money in politics, has reached its initial goal of $1 million 18 days before the deadline.”
SUPER PAC GLUT. CNN. “Right now, there are at least eight pro-Clinton super PACs registered with the Federal Election Commission.”
AZ: CASE REINSTATED. AZstarnet.com. “Concluding some testimony to a hearing officer was ‘not credible,’ Yavapai County Attorney Sheila Polk decided today to pursue Attorney General Tom Horne on charges he illegally coordinated his 2010 election campaign with an independent committee.”
MN: CFR SUPPORT. Star Tribune. “The National Rifle Association and Minnesota Citizens Concerned for Life thus far have blocked a House vote on a bill that would require entities, including them, to reveal their largest donors when they engage in independent election-related spending — that is, spending other than direct donations to candidates.”
NY: LOBBYING LAW AND CASINOS. CapitalNewYork.com. “Casino bidders are required to secure the approval of the community, either through a referendum or a governmental resolution, before they can apply for the license to build a casino, but a loophole in the lobbying law does not require entities lobbying towns or villages with populations fewer than 50,000 people to disclose their spending.”
VT: WHAT ARE THE LIMITS? Brattleboro Reformer. “Campaign finance limits will not change in the 2014 election cycle, according to a legal opinion from Vermont Attorney General Bill Sorrell.”
WI: CAMPAIGN FINANCE RULES LIKE TITANIC AFTER HITTING THE ICEBERG. Green Bay Press Gazette. “A federal appeals court on Wednesday declared key aspects of Wisconsin’s campaign finance laws unconstitutional, including a ban on spending by corporations.”
WI: LAW WENT TOO FAR. Chanel3000.com. “The 7th Circuit U.S. Court of Appeals said Wednesday that rules regulating the speech of outside groups that do not expressly advocate for or against the election of candidates went too far. It also struck down a ban on political spending by companies and associations.”
HAVE A GOOD DAY. I’ll send around the next set of links on Monday. Have a great weekend.