A Map to the Election Law MinefieldBy Christian Klein
Article Date: 07-01-2012
Copyright(C) 2012 Associated Equipment Distributors. All Rights Reserved.
Your campaign contributions can help determine who's calling the shots in Washington, but there are some things you need to know to stay out of trouble.
If you care about the issues facing the country and your industry it's important that you help decide who's calling the shots on Capitol Hill and in the White House. Voting is one way to do that, writing a campaign check is another. As you wade into Campaign 2012, here are some basic rules to keep you out of trouble: Who can give? All money contributed to federal campaigns must come from individuals who are either U.S. citizens or lawful permanent residents (i.e., "green card" holders). As an individual, you can either contribute to a campaign directly or you can give money to a political action committee (PAC), which collects money from multiple individual donors and distributes those funds to candidates who share the PAC's political philosophy.
[ read more ]