Political Quotes

On the recordJanuary 26, 2011
I am. The SPEAKER pro tempore. The Clerk will report the motion to recommit. The Clerk read as follows: Mr. Walz of Minnesota moves to recommit the bill H.R. 359 to the Committee on Ways and Means with instructions to report the same to the House forthwith with the following amendment: Strike all after the enacting clause and insert the following: SECTION 1. CAMPAIGN DISCLOSURE AGREEMENT. (a) Disqualified Entity.--Section 9003 of the Internal Revenue Code of 1986 is amended by adding at the end the following new subsection: ``(f) Disqualified Entity.--For purposes of this section-- ``(1) In general.--The term `disqualified entity' means any entity that has not entered into a campaign disclosure agreement with the Department of the Treasury. ``(2) Campaign disclosure agreement.--The term `campaign disclosure agreement' means an agreement in which the entity agrees-- ``(A) to file disclosure statements with the Internal Revenue Service at such times, and covering such periods, as are required under section 527(j)(2), ``(B) with respect to its receipt of payment for electioneering communications from covered persons on or after January 1, 2013, to include within those disclosure statements-- ``(i) the amount, date, and purpose of each payment and the name and address of the covered person making the payment, and ``(ii) the name and address of each disqualified contributor making a payment on or after January 1, 2013, to the covered person (including the occupation and name of em…
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Tim Walz
Democratic · Minnesota

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