In this issue:
- Come and Get Us: Some States in No Hurry to Respond to Supreme Court Ruling on Aggregate Limits
- Another One Bites the Dust
- Discussion on IRS Rulemaking – Video Available
- Excerpt from Another One Bites the Dust:
Louisiana imposes an aggregate limit of $100,000 on a person’s contributions to a political committee in Louisiana during a four-year election cycle. An independent expenditure-only committee (i.e., a Super PAC) supporting gubernatorial candidate David Vitter sued, arguing that the cap is unconstitutional as applied to super PACs. A federal judge has now agreed.
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Topics: Aggregation Rules, Election Laws, FEC, IRS, McCutcheon v. FEC, PACs, SuperPACs
Published In: General Business Updates, Constitutional Law Updates, Elections & Politics Updates, Tax Updates
DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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