CatholicOnline has the LifeNews report: Under the bill, all groups subject to the law’s requirements – including most 501(c)4, 501(c)5, 501(c)6, and 527 groups – would have to list all donors of $600 or more with the Federal Election Commission (FEC). Groups must also post a hyperlink on their website to the FEC, where a list of the names of their donors can be accessed.
But the DISCLOSE Act exempts large 501(c)4 groups – like the 4 million strong NRA and 750,000 member Sierra Club – from having to report their donors if they have at least 500,000 members, over 10 years of existence, chapters in all 50 states, and receive no more than 15% of total contributions from corporations. Read full news here with links.
