Update II: NAM v. Taylor

Another report says that NAM filed an amended LDA report.

UPDATE TO THE UPDATE:  The NAM’s blog states:

As the NAM continues the legal challenge, it has also decided to comply with the law in good faith; the decision has been made to file the disclosure forms with the member names. (We had originally planned to leave the names off, citing the pending litigation.) On balance, it makes sense not to complicate things at this point by inviting an enforcement action.

Because the law sets a disclosure threshold of $5,000 in lobbying expenditures, our larger member companies will comprise the list, that is, the sample is not representative of the membership.

Despite the filing, the objections remain: Section 207 Honest Leadership and Open Government Act infringes on our members’ First Amendment rights of speech, association and petitioning the government.

First Quarter LDA Filings Go Smoothly?

For all the angst generated by last fall’s lobbying and ethics overhaul — and the new disclosure requirements that came with it — the first reporting deadline under the new law came and went this week with only minimal drama.

Although the first disclosure report under the new law seemed to go well by most accounts, some organizations did express anxiety over the next filing deadline coming July 20, which will require lobbyists to reveal their contributions to political candidates and parties.

“The challenge will be the report that’s due in July,” said Panneton, who said it will necessitate coordinating with a range of people in the association, including those overseeing the group’s political action committee. “I have to go back and re-read the guidelines.”

 CQ reports here.  In July, new certifications will be required:

The final part of the form is a certification that the filer has read and is familiar with those provisions of the Standing Rules of the Senate and the Rules of the House of Representatives relating to the provisions of gifts and travel and has not knowingly provided gifts and or travel in violation of either Chamber’s Rules. The form contains a check box for the certification, and the user ID and Password process has provided the signature on file with the Clerk and the Secretary for each filer. Please note that in the case of a registrant, a signatory is an individual who is responsible for the accuracy of the information contained in the filing. Under section 6 of the LDA, the Secretary and Clerk refer registrants and lobbyists who fail to provide an appropriate response within sixty (60) days to either officer’s written communication rather than the signatory.

Each filer, regardless of any contribution activity or any lack thereof, must file Form LD-203 semiannually due to the certification provision.

Joint Fundraising In the News

WSJ reports:

Sen. John McCain’s campaign has announced that it is asking individuals to donate as much as about $70,000 to accounts that could help his campaign. The cap on donations to presidential candidates is $4,600 per election campaign.

The McCain campaign has established several fund-raising accounts that will collect large donations from wealthy individuals and parcel them out to national and state Republican parties that can spend the money to help Sen. McCain and other Republican candidates.