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Campaign Finance Bill Needs Greater Clarity, ASAE Says

H.R. 1 may harm association PACs

The American Society of Association Executives (ASAE) and other associations are increasingly concerned with a provision in House Democrats’ sweeping campaign finance bill that could be detrimental to associations that operate political action committees (PACs).

The legislation, called the “For the People Act,” or H.R. 1, is a compendium of ideas that Democrats have championed in recent years to promote transparency in campaign financing, strengthen government ethics, and eliminate barriers to voting. The House passed the bill March 8.

A piece of the bill is designed to prevent “foreign nationals” from influencing elections, but ASAE expressed concern that the bill’s language is overly broad and threatens associations’ ability to establish and maintain PACs if they have a chief executive or members of their board of directors who are neither U.S. citizens nor permanent residents. ASAE shared this concern in a letter to members of the House last week.

Please select this link to read the complete article from Associations Now.

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