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TPM; Ensign Registers Legal Defense Fund As Political Org

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maddezmom Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-04-10 05:41 AM
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TPM; Ensign Registers Legal Defense Fund As Political Org
Roll Call reports today that Sen. John Ensign has registered his legal defense fund as a 527 political organization.

A 527 is tax-exempt, but Ensign must report contributions to the IRS.

As Roll Call notes, it's an unusual move:

Campaign finance experts called the decision unusual and possibly unprecedented, noting that Members of Congress do not typically register legal expense accounts in such a dual fashion.

"I guess he somehow considers the use of these legal fees, these contributions, to be political, and while they're related to political charges, typically those defense funds are not set up as 527s," said Ken Gross, a campaign finance attorney at Skadden, Arps, Slate, Meagher and Flom.

more:http://tpmmuckraker.talkingpointsmemo.com/2010/08/ensign_registers_legal_defense_fund_as_political_o.php
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Demeter Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-04-10 06:26 AM
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1. An Honest Republican
How refreshing!
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