8/7 political law links

OGE ON STOCK ACT.  Here.  “Subsection 11(a)(1) the STOCK Act (Public Law 112 – 105) requires that by August 31, 2012, financial disclosure forms filed pursuant to title I of the Ethics in Government Act in calendar year 2012, and in subsequent years, be made available to the public on the official websites of the respective executive branch agencies not later than 30 days after such forms were filed. Section 1 of S. 3510 amends subsection 11(a)(1) of the STOCK Act by striking the August 31, 2012 date and inserting ‘September 30, 2012’. The extension applies to only the posting on the internet of OGE Form 278 reports and periodic transaction reports (OGE Form 278-T). S.3510 does not delay any other requirements of the STOCK Act, including the filing of periodic transaction reports, which became effective on 3 July. Finally, S. 3510 requires members and employees of the House of Representatives to include transactions by spouses and dependent children in periodic transaction reporting. This provision of the S. 3510 does not apply to the Executive Branch.”

LETTER ON (C)(4) PROBES.  The Hill.  “Republican leaders in the Senate are urging the Internal Revenue Service (IRS) to resist political pressure to update tax rules pertaining to 501(c)(4) groups, or super-PACs.”

SMALL DONOR MYTH.  Politico.  “In other words: In an election purportedly being driven by the economic concerns of the middle class, the top 0.07 percent of donors are more valuable than the bottom 86 percent.”

NOT SO SUPER PACS.  WSJ.  “Once a super PAC is created, it is free to collect whatever money it can, to spend however it sees fit, to promote whatever cause it espouses, as long as the spending isn’t coordinated with candidates.”

NO YOUNG CHARGES.  Story here.  “Andrew Young, the former aide to John Edwards who once took the fall for his former boss by claiming to be the father of John Edwards’ child, will not be prosecuted for criminal contempt for his conduct regarding a sex tape featuring the former senator and his mistress, a North Carolina district attorney announced Monday.”

CONVENTION GOES MOBILE.  Story here.  “The Democratic National Convention is releasing its first-ever mobile app today, the convention committee will announce this morning.”

CA:  $49K IN FINES.  Story here.  “The campaign committee for Proposition 8, a 2008 ballot measure banning gay marriage in California, faces $49,000 in fines for failing to properly report and handle political contributions it received.”

GA: THE PEOPLE ON LOBBYIST CAPS.  Here.  “Georgia voters want to limit lobbyist gifts to legislators or outright eliminate such gifts. That’s the verdict from the straw polls in last week’s referendum. No ifs, ands or buts.”

VA:  NO INVESTIGATION.  Story here.  “Despite an appeal from Republican Mitt Romney’s presidential campaign, the Virginia State Board of Elections won’t seek an investigation of an organization that mailed voter registration forms to individuals who are ineligible to vote and, in some cases, to household pets.”


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