Treasury Department, IRS finalize modifications to nonprofit donor disclosure rules
Trevor Potter, president of the Campaign Legal Center, said, “At a time when over $10 billion total is expected to be spent during this election season, the requirement that organizations (like the National Rifle Association) report their donors to the IRS was key to ensuring that the foreign-money ban on elections was enforced. Now the Federal Election Commission (FEC) and the Department of Justice (DOJ) are left without another tool to enforce the campaign finance laws under-girding our democracy. Voters expect and deserve more.”
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