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To: NonValueAdded
From previously cited sources: [emphasis added in italics]:

Final Rules on Contribution Limitations and Prohibitions

On October 31, 2002, the Commission approved final rules to implement provisions of the Bipartisan Campaign Reform Act of 2002 (BCRA) that:

ooo

Prohibition on Contributions, Donations, Expenditures, Disbursements by Foreign Nationals

New section 11 CFR 110.20 implements BCRA’s prohibition on contributions, donations, expenditures and disbursements solicited,3 accepted, received or made directly or indirectly by or from foreign nationals in connection with state and local elections as well as federal elections. This ban also applies to:
• Contributions and donations to political party committees;
• Contributions and donations to party committee building funds;
• Disbursements for electioneering communications;4 and
• Expenditures, independent expenditures, and disbursements in connection with any election.5

ooo

Assisting foreign national contributions or donations.

The foreign national prohibition applies to a person who knowingly provides substantial assistance to foreign nationals in the making of contributions, donations, expenditures, independent expenditures and disbursements in connection with federal and nonfederal elections.

This prohibition covers, but is not limited to, acting as a conduit or intermediary for foreign national contributions and donations. 11 CFR 110.20(g).

[footnote references]

3 The term “solicit” at section 11 CFR 110.20 has the same meaning as in section 11 CFR 300.2(m), “to ask another person to make a contribution or donation, or transfer of funds, or to provide anything of value, including through a conduit or intermediary.”

4 For the definition of electioneering communication, see the Federal Register Notice at 67 FR 65190 and the November 2002 Record, page 3.

5 An additional ban on foreign national donations to Presidential inaugural committees will be addressed in a later rulemaking.

[getting closer, now diving into "11 CFR Parts 100, et al. Prohibited and Excessive Contributions: Non-Federal Funds or Soft Money; Final Rule" I think I'm on my way to learning the meaning of "is"]

79 posted on 12/15/2003 3:18:07 PM PST by NonValueAdded ("Either you are with us, or you are with the terrorists." GWB 9/20/01)
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To: NonValueAdded
Sweet Mary and Joseph, I think BCRA stands for Perpetual Lawyer Employment Act. Anyway, from the Federal Register I found this. I suggest we ask Senator McCain what Feingold really meant and why we have foreign money flowing to moveon.org.

One of BCRA’s principal sponsors stated that BCRA ‘‘prohibits foreign nationals from making any contribution to a committee of a political party or any contribution in connection with federal, state or local elections * * * This clarifies that the ban on contributions [by] foreign nationals applies to soft money donations.’’ 148 Cong. Rec. S1994 (daily ed. March 18, 2002) (statement of Senator Feingold). See also United States v. Kanchanalak, 192 F.3d 1037 (D.C. Cir. 1999). This ban also applies to any in-kind contribution or donation by a foreign national such as a direct payment to a seller, builder, or other vendor for purchase or construction.
From: Federal Register / Vol. 67, No. 145 / Monday, July 29, 2002 / Rules and Regulations p. 49101

I think we got it (and I have a headache).

87 posted on 12/15/2003 3:48:01 PM PST by NonValueAdded ("Either you are with us, or you are with the terrorists." GWB 9/20/01)
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