FEC approves issue-ad restrictions
By BroadCasting & Cable Staff -- Broadcasting & Cable, 9/30/2002 7:24:00 AM
The Federal Election Commission voted 4-2 last week to implement the electioneering provisions of McCain-Feingold campaign-finance-reform legislation.
The provisions prevent soft money-undisclosed corporate or union monies-from being used in so-called attack TV and radio issue ads in the 60 days before an election or 30 days before a primary.
An exemption was made for 501 c3 organizations (charities, religious groups), the electioneering of which, one FEC commissioner pointed out, is already circumscribed by strict IRS rules regarding their tax-exempt status.
Broadcasters and others feel that the electioneering rules will not pass court muster on First Amendment grounds.
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