On the recordApril 9, 2002
Madam Speaker, perhaps the gentleman does not understand the law. The sham issue ads are not involved with the IRS and the reporting structure. If a Federal office holder influences a State and local PAC decision, this says they have to report at the Federal level. If there is Federal activity, they report at the Federal level. There is no loophole that is created. What it gets rid of is duplication where if a State and local PAC, not involved at the Federal level, that has to report at the State and local level. And as the gentleman indicated, he wants them to report on the Federal level even though they are not involved in Federal activity. At some point we have to ask ourselves whether continuing to use the phrase 'why put in loopholes, why do a poison pill,' Members ought to look at the specifics of the legislation instead of the rhetoric, and ought to respond to what is on the page instead of chasing bogeymen.
Source
govinfo.gov
