. . . if you will simply state and affirm that you are not going to spend more than 40 percent of your resources and revenues on political activities, you could, in fact, pass through.
Tom Udall: “. . . if you will simply state and affirm that you are not going to spend more than 40 percent of your resources and…”
On the recordApril 29, 2014
Source
congress.govEditor's note · Context
Udall discusses the certification process for 501(c)(4) applicants regarding political activity limits.
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