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Does Rep. Jones know campaign finance reform?
Published on June 15, 2010 11:55 PM
Category: Disclosure, First Amendment, Stand By Your Ad
Representative Walter Jones, one of two Republican co-sponsors of the so-called DISCLOSE Act, today was quoted in CQ as follows:
I am going to support this bill for its increased transparency, especially in regard to foreign companies that should not be able to spend unlimited amount to influence elections.
Does Congressman Jones know that current law already prohibits any foreign national, including any foreign corporation, from spending any money to influence U.S. elections?
See 2 U.S.C. Section 441e.
It shall be unlawful for-
(1) a foreign national, directly or indirectly, to make-
(A) a contribution or donation of money or other thing of value, or to make an express or implied promise to make a contribution or donation, in connection with a Federal, State, or local election;
(B) a contribution or donation to a committee of a political party; or
(C) an expenditure, independent expenditure, or disbursement for an electioneering communication (within the meaning of section 304(f)(3)) (2 U.S.C. § 434(f)(3)); or
(2) a person to solicit, accept, or receive a contribution or donation described in subparagraph (A) or (B) of paragraph (1) from a foreign national.
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