The changing environment of campaign finance regulations means lots of fun for lobbyists trying to do their job effectively. Actually, what it really means is a pain in the rear. Luckily, we here at LobbyBlog are combing through the laws on your behalf. If you are a lobbyist, you need to know the basic rules about bundling contributions.
Who is covered by the bundling rule?
A: Any lobbyist registered under the LDA and any PAC that is “established or controlled” by a lobbyist so registered is subject to the bundling restrictions.
What qualifies as “bundling”?
Contributions that are either “forwarded” — delivered or transmitted, either electronically or physically– or “received and credited” — received directly from a contributor, but credited to a specific lobbyist–are treated as “bundled.” It is worth noting that some campaigns now forbid lobbyists from “forwarding” any contributions because reporting these bundled funds has become too much of a hassle.
What is reportable?
Aggregate contributions of $16,000 or more during a single reporting period meet the trigger for report. However, all reporting committees must file semi-annually as well as quarterly to ensure that any contributions of $16,000 in aggregate funds is disclosed to the FEC, even if the contributions are not made in the same quarter.