As noted in our prior updates, on June 2, 2024, Ohio Gov. Mike DeWine signed into law H.B. 1, which prohibits foreign nationals from making or being solicited for political contributions in connection with Ohio state and...more
As noted in our prior update, Ohio Gov. Mike DeWine signed H.B. 1 into law on June 2, 2024. H.B. 1 enacted a ban on foreign nationals making or being solicited for political contributions, defining foreign nationals to...more
Ohio Adopts Sweeping Foreign National Ban, Covering Lawful Permanent Residents -
On June 2, 2024, Ohio Gov. Mike DeWine signed into law H.B. 1, enacting a sweeping foreign national ban on political contributions and...more
6/21/2024
/ Campaign Finance Reform ,
Coronavirus/COVID-19 ,
Foreign Nationals ,
Governor DeWine ,
Legislative Agendas ,
New Legislation ,
North Carolina ,
PACs ,
Political Contributions ,
State and Local Government ,
State Bans ,
State Legislatures
On April 15, 2024, the U.S. Securities and Exchange Commission (SEC) censured and imposed a $60,000 civil penalty on Wayzata Investment Partners LLC (Wayzata) for violating SEC Rule 206(4)-5 (the Pay-to-Play Rule). Under the...more
4/29/2024
/ Campaign Contributions ,
Civil Monetary Penalty ,
Compensation ,
Fund Managers ,
Government Entities ,
Investment Adviser ,
Investment Management ,
New Rules ,
PACs ,
Pay-To-Play ,
Political Campaigns ,
Securities and Exchange Commission (SEC) ,
Securities Violations ,
State and Local Government
As interest rates have risen, more PACs are triggering federal income tax requirements stemming from interest they receive. Political organizations, including PACs, with more than $100 in taxable interest or investment income...more
The following summarizes periodic pay-to-play reporting requirements under laws in Illinois, Maryland, New Jersey, Pennsylvania, Philadelphia and Rhode Island. Certain companies must file reports regarding their business...more
The 2024 presidential nominating conventions are only a few months away and both host cities — Milwaukee, where Republicans will gather in July, and Chicago, which welcomes Democrats in August — are hoping for returns to...more
The following summarizes the periodic reporting requirements under Illinois, Maryland, New Jersey, Pennsylvania, Philadelphia and Rhode Island laws for certain corporate entities to file reports regarding their business...more
On February 2, 2021, the Federal Election Commission (FEC) announced new federal campaign contribution limits in accordance with the Bipartisan Campaign Reform Act of 2002, which requires the FEC to adjust certain federal...more
In light of the events at the Capitol on January 6, many companies have been reevaluating their political giving and the use of political action committees. The nonprofit Center for Responsive Politics has been tracking the...more
In an attempt to further curb foreign influence in U.S. elections, there is a recent trend among states and localities to propose legislation restricting political spending by corporations with foreign owners. Existing...more
5/6/2020
/ Corporate Contributions ,
Foreign Corporations ,
Foreign Nationals ,
Foreign Subsidiaries ,
Local Ordinance ,
PACs ,
Political Contributions ,
Presidential Elections ,
Proposed Legislation ,
State and Local Government ,
State Bans ,
State Legislatures
As federal, state and local governments grapple with the COVID-19 outbreak, a number of jurisdictions have modified certain ethics, lobbying and campaign finance requirements in response to the crisis. Below, we describe...more
3/27/2020
/ Amended Rules ,
Coronavirus/COVID-19 ,
Donations ,
Electronic Filing ,
Ethics ,
Executive Orders ,
Exemptions ,
Federal Election Commission (FEC) ,
Gifts ,
Governor Cuomo ,
Late Fees ,
Lobbying ,
PACs ,
Political Contributions ,
Public Officials ,
Relief Measures ,
Reporting Requirements ,
State of Emergency
The following describes periodic pay-to-play reporting requirements under Illinois, Maryland, New Jersey, Pennsylvania and Rhode Island laws. Certain corporate entities must file reports regarding their business relationships...more
2/12/2020
/ Affiliates ,
Campaign Finance Reform ,
Corporate Entities ,
Disclosure Requirements ,
Filing Requirements ,
PACs ,
Pay-To-Play ,
Political Campaigns ,
Political Contributions ,
Regulatory Requirements ,
Reporting Requirements
Now that the calendar has flipped to 2020, planning and fundraising efforts are intensifying in advance of this summer’s national party conventions. ...more