Use of Campaign Funds for Donations to Non-Federal Candidates and Any Other Lawful Purpose Other Than Personal Use, 56245-56247 [E7-19260]
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Federal Register / Vol. 72, No. 191 / Wednesday, October 3, 2007 / Rules and Regulations
representative character. Samples shall
be handled only by employees of the
licensee prior to shipment or delivery to
the cotton classing office of the
Division.
(f) Identifying and shipping samples.
Each sample shall be identified with a
tag, supplied or approved by the
Division, bearing the gin or warehouse
number of the bale from which the
sample was drawn and the name and
address of the producer of the bale. The
tag shall be placed between the two
halves of the sample, the sample tightly
rolled and enclosed in a package or bag
for shipment. Each package or bag shall
be labeled or marked with the name and
address of the licensed gin or
warehouse. The packages shall be
shipped or delivered direct to the cotton
classing office serving the territory in
which the cotton is ginned. Samples
that where drawn by a mechanical
sampler at the gin may be transported
with the bales to the warehouse and
then shipped or delivered direct to the
classing office by the warehouse.
(g) Request for classification. Samples
received from a licensed gin or
warehouse with the identification tag
required in § 28.908(f) shall constitute a
request for classification service by the
producer.
§ 28.909
Costs.
(a) Costs incident to sampling,
tagging, and identification of samples
and transporting samples to points of
shipment shall be assumed by the
producer, but tags and containers for the
shipment of samples and shipping
charges via U.S. Postal Service or duly
authorized common carrier will be
furnished by the service. After
classification the samples shall become
the property of the Government. The
proceeds of the sale of cotton samples
shall be used to defray the costs of
providing the services under this
subpart.
(b) The cost of High Volume
Instrument (HVI) cotton classification
service to producers is $1.85 per bale.
(c) The Division will periodically bill
producers or the voluntary agents
designated by producers for the cost of
classification. A discount of 5 cents per
sample will be granted for services
provided under this section when
billing is made to voluntary agents.
Classification
ebenthall on PRODPC61 with RULES
§ 28.910 Classification of samples and
issuance of classification data.
(a)(1) The samples submitted as
provided in the subpart shall be
classified by employees of the Division
and classification memoranda showing
the official quality determination of
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Jkt 214001
each sample according to the official
cotton standards of the United States
shall be issued by any one of the
following methods at no additional
charge:
(i) Computer diskettes,
(ii) Computer tapes, or
(iii) Telecommunications, with all
long distance telephone line charges
paid by the receiver of data.
(2) When an additional copy of the
classification memorandum is issued by
any method listed in paragraph (a)(1),
there will be a charge of five cents per
bale. If provided as an additional
method of data transfer, the minimum
fee for each tape or diskette issued shall
be $10.00.
(b) Owners of cotton, other than
producers, may receive classification
data showing the official quality
determination of each sample by means
of telecommunications from a central
database to be maintained by the
Division. The fee for this service shall
be five cents per bale, with all long
distance telephone line charges paid by
the receiver of data. The minimum
charge assessed for services obtained
from the central database shall be $5.00
per monthly billing period.
(c) Upon request of an owner of cotton
for which classification memoranda
have been issued under the subpart, a
new memorandum shall be issued for
the business convenience of such owner
without the reclassification of the
cotton. Such rewritten memorandum
shall bear the date of its issuance and
the date or inclusive dates of the
original classification. The fee for a new
memorandum shall be 15 cents per bale
or a minimum of $5.00 per sheet.
§ 28.911
Review classification.
(a) A producer may request one
review classification for each bale of
eligible cotton. The fee for review
classification is $1.85 per bale.
(b) Samples for review classification
must be drawn by gins or warehouses
licensed pursuant to §§ 28.20 through
28.22, or by employees of the United
States Department of Agriculture. Each
sample for review classification shall be
taken, handled, and submitted
according to § 28.908 and to
supplemental instructions issued by the
Director or an authorized representative
of the Director. Costs incident to
sampling, tagging, identification,
containers, and shipment for samples
for review classification shall be
assumed by the producer. After
classification, the samples shall become
the property of the Government unless
the producer requests the return of the
samples. The proceeds from the sale of
samples that become Government
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56245
property shall be used to defray the
costs of providing the services under
this subpart. Producers who request
return of their samples after classing
will pay a fee of 40 cents per sample in
addition to the fee established above in
this section.
Limitations of Services
§ 28.917
Limitations of services.
The Director, or an authorized
representative, may suspend, terminate,
or withhold cotton classing and market
news services to any producer upon any
failure of the producer to comply with
the act or these regulations. Failure to
remit fees for classification services
shall result in loss of service.
Dated: September 28, 2007.
Kenneth C. Clayton,
Acting Administrator, Agricultural Marketing
Service.
[FR Doc. 07–4891 Filed 10–2–07; 8:45 am]
BILLING CODE 3410–02–P
FEDERAL ELECTION COMMISSION
11 CFR Part 113
[Notice 2007–18]
Use of Campaign Funds for Donations
to Non-Federal Candidates and Any
Other Lawful Purpose Other Than
Personal Use
Federal Election Commission.
Final rule.
AGENCY:
ACTION:
SUMMARY: The Federal Election
Commission is revising its rules
regarding the use of campaign funds by
candidates and other individuals. The
revision adds to the current list of
permissible uses of campaign funds in
Commission regulations: donations to
non-Federal candidates; and any other
lawful purpose other than personal use.
This change conforms the provision
with those in the Federal Election
Campaign Act, as amended (‘‘the Act’’).
Further information is provided in the
supplementary information that follows.
EFFECTIVE DATE:
November 2, 2007.
Ms.
Amy L. Rothstein, Assistant General
Counsel, or Ms. Stacey J. Shin, Attorney,
999 E Street, NW., Washington, DC
20463, (202) 694–1650 or (800) 424–
9530.
FOR FURTHER INFORMATION CONTACT:
Section
313 of the Federal Election Campaign
Act of 1971, as amended (‘‘the Act’’),
sets forth permissible uses of
SUPPLEMENTARY INFORMATION:
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03OCR1
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Federal Register / Vol. 72, No. 191 / Wednesday, October 3, 2007 / Rules and Regulations
ebenthall on PRODPC61 with RULES
contributions 1 accepted by candidates
and donations 2 received by individuals
to support their activities as Federal
officeholders. Section 313 is codified at
2 U.S.C. 439a and is referred to hereafter
as ‘‘Section 439a.’’ Section 439a(a)
provides that candidates may use
contributions, and individuals holding
Federal office may use donations, for:
(1) Expenditures in connection with the
candidate’s or individual’s campaign for
Federal office; (2) ordinary and
necessary expenses incurred in
connection with duties of the individual
as a Federal officeholder; (3)
contributions to an organization
described in section 170(c) of the
Internal Revenue Code; (4) transfers,
without limitation, to a national, State,
or local committee of a political party;
(5) donations to State and local
candidates subject to the provisions of
State law; and (6) any other lawful
purpose, unless such purpose
constitutes personal use of contributions
or donations. See 2 U.S.C. 439a(a).
Section 113.2 of the Commission’s
regulations implements Section 439a by
tracking the permissible uses of
campaign funds and funds donated to a
Federal officeholder. The Commission
initiated this rulemaking to add to
section 113.2 the two recently enacted
permissible uses regarding donations to
non-Federal candidates, and donations
for any other lawful purpose other than
personal use. See the Consolidated
Appropriations Act of 2005.3 The
Commission notes that before 2002, the
Act and Commission regulations had
permitted the use of campaign funds for
‘‘any other lawful purpose’’ other than
personal use. The Bipartisan Campaign
Reform Act of 2002 (‘‘BCRA’’),4 deleted
‘‘any other lawful purpose’’ from
Section 439a and set forth four
permissible uses of campaign funds.
As noted above, however, the ‘‘any
other lawful purpose’’ provision was
restored to Section 439a through the
Consolidated Appropriations Act of
2005. At that time, Congress also added
donations to State and local candidates
as permissible uses of campaign funds.
1 A ‘‘contribution’’ is a payment, service or
anything of value given to a person for the purpose
of influencing a Federal election. See 11 CFR
100.52(a). ‘‘Contributions’’ are subject to the limits
and prohibitions of the Act.
2 A ‘‘donation’’ is a payment, service or anything
of value given to a person other than a
‘‘contribution.’’ See 11 CFR 300.2(e).
3 Pub. L. 108–447, 118 Stat. 2809 (2004). The
Consolidated Appropriations Act of 2005 directed
that section 312a(a) of the Act be amended, but was
executed by amending section 313(a) of the Act ‘‘as
the probable intent of Congress.’’ 2 U.S.C.A. 439a
(West 2004).
4 Pub. L. 107–155, 116 Stat. 81 (2002).
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15:16 Oct 02, 2007
Jkt 214001
These changes to the Act prompted this
rulemaking.
The Commission published a Notice
of Proposed Rulemaking (‘‘NPRM’’) on
July 19, 2007, in which it sought
comment on proposed revisions to 11
CFR 113.2. See Notice of Proposed
Rulemaking for Use of Campaign Funds
for Donations to Non-Federal
Candidates and Any Other Lawful
Purpose Other Than Personal Use, 72
FR 39583 (July 19, 2007).5 The comment
period closed on August 20, 2007. The
Commission received one written
comment from the Internal Revenue
Service, which stated that ‘‘the
proposed rules do not pose a conflict
with the Internal Revenue Code or the
regulations thereunder.’’
Accordingly, the Commission has
decided to revise its rules governing the
use of campaign funds to add to the
current list of permissible uses of
campaign funds in Commission
regulations: (1) Donations to nonFederal candidates; and (2) any other
lawful purpose other than personal use.
These changes are identical to those
proposed in the NPRM.
Transmission of Final Rules to
Congress
Under the Administrative Procedure
Act, 5 U.S.C. 553(d), and the
Congressional Review of Agency
Rulemaking Act, 5 U.S.C. 801(a)(1),
agencies must submit final rules to the
Speaker of the House of Representatives
and the President of the Senate and
publish them in the Federal Register at
least 30 calendar days before they take
effect. The final rules that follow were
transmitted to Congress on September
25, 2007.
Explanation and Justification
1. 11 CFR 113.2(d)—Donations to State
and local candidates
Section 439a(a)(5) of the Act expressly
permits Federal candidates and
officeholders to donate their campaign
funds to State and local candidates. The
Commission is amending 11 CFR 113.2
accordingly, by adding a new paragraph
(d), which permits Federal candidates
and officeholders to donate campaign
funds from their authorized committees
to ‘‘State and local candidates subject to
the provisions of State law.’’
2. 11 CFR 113.2(e)—Any other lawful
purpose
The Commission is amending 11 CFR
113.2 by inserting a new paragraph (e),
which states that campaign funds ‘‘may
be used for any other lawful purpose,
5 Available at https://www.fec.gov/pdf/nprm/
useoffunds/notice_2007-15.pdf.
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Fmt 4700
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unless such use is personal use under
11 CFR 113.1(g).’’ New paragraph (e)
follows section 439a(a)(6) of the Act,
which permits the use of campaign
funds ‘‘for any other lawful purpose,’’
unless the funds are converted by any
person to personal use. The Commission
notes that this change to the Act had the
effect of superseding the analysis in
Advisory Opinion 2003–26 (Voinovich),
in which the Commission concluded
that after BCRA deleted the ‘‘any other
lawful purpose’’ provision from Section
439a, campaign funds could be used
only for those non-campaign purposes
that were specifically enumerated in
Section 439a. The change also had the
effect of superseding, in part, Advisory
Opinion 2004–03 (Dooley), to the extent
that Advisory Opinion 2004–03 placed
certain limits on an authorized
committee that had converted into a
multicandidate committee and its use,
for any lawful purpose, of funds that
had been received when the committee
was an authorized committee.
Certification of No Effect Pursuant to 5
U.S.C. 605(b) (Regulatory Flexibility
Act)
The Commission certifies that the
attached final rule does not have a
significant economic impact on a
substantial number of small entities.
The basis for this certification is that
any individuals and not-for-profit
entities affected by this rule are not
‘‘small entities’’ under 5 U.S.C. 601. The
definition of ‘‘small entity’’ does not
include individuals, but classifies a notfor-profit enterprise as a ‘‘small
organization’’ if it is independently
owned and operated and not dominant
in its field. 5 U.S.C. 601(4). The final
rule affects authorized committees,
which are not independently owned
and operated because they are not
financed and controlled by a small
identifiable group of individuals.
Authorized committees are financed by
contributions from a large number of
persons and controlled by the candidate
and the candidate’s campaign
employees and volunteers. To the extent
that any authorized committees might
be considered ‘‘small organizations,’’
the number that are affected by this final
rule is not substantial.
The final rule also does not impose
any additional restrictions or increase
the costs of compliance for authorized
committees. Instead, the final rule
provides authorized committees with
additional options for using campaign
funds, which track the recent changes to
2 U.S.C. 439a(a). The final rule does not
impose an undue burden upon
authorized committees because they are
already required to report the use of
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Federal Register / Vol. 72, No. 191 / Wednesday, October 3, 2007 / Rules and Regulations
campaign funds to the Commission.
Therefore, the attached final rule does
not have a significant economic impact
on a substantial number of small
entities.
NATIONAL CREDIT UNION
ADMINISTRATION
List of Subjects in 11 CFR Part 113
Member Inspection of Credit Union
Books, Records, and Minutes
Campaign funds.
National Credit Union
Administration.
ACTION: Final rule.
For the reasons set out in the
preamble, the Federal Election
Commission is amending Subchapter A
of Chapter I of Title 11 of the Code of
Federal Regulations as follows:
I 1. The authority citation for Part 113
continues to read as follows:
I
Authority: 2 U.S.C. 432(h), 438(a)(8), 439a,
441a.
2. Section 113.2 is amended by:
a. Adding paragraph (d);
I b. Redesignating paragraphs (e) and (f)
as paragraphs (f) and (g);
I c. Adding new paragraph (e) ;
I d. Amending newly redesignated
paragraph (f)(1) introductory text by
removing the reference ‘‘paragraph
(e)(5)’’ and inserting in its place, the
reference ‘‘paragraph (f)(5)’’;
I e. Amending newly redesignated
paragraph (f)(1) introductory text by
removing the reference ‘‘paragraph
(e)(1)(i)’’ and inserting in its place, the
reference ‘‘paragraph (f)(1)(i)’’; and
I f. Amending newly redesignated
paragraph (f)(1)(ii)(A) by removing the
reference ‘‘paragraph (e)(1)(i)’’ and
inserting in its place, the reference
‘‘paragraph (f)(1)(i)’’.
I
I
§ 113.2 Permissible non-campaign use of
funds (2 U.S.C. 439a).
*
*
*
*
(d) May be donated to State and local
candidates subject to the provisions of
State law; or
(e) May be used for any other lawful
purpose, unless such use is personal use
under 11 CFR 113.1(g).
*
*
*
*
*
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*
Dated: September 24, 2007.
Robert D. Lenhard,
Chairman, Federal Election Commission.
[FR Doc. E7–19260 Filed 10–2–07; 8:45 am]
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RIN 3133–AD33
AGENCY:
PART 113—USE OF CAMPAIGN
ACCOUNTS FOR NON-CAMPAIGN
PURPOSES
BILLING CODE 6715–01–P
12 CFR Part 701
SUMMARY: The National Credit Union
Administration (NCUA) is issuing a
final rule on member inspection of
federal credit union (FCU) books,
records, and minutes. The rule provides
that a group of members representing
approximately one percent of the
membership, with a proper purpose and
upon petition, may inspect and copy
nonconfidential portions of the credit
union’s books, records, and minutes.
This rule standardizes and clarifies
existing member inspection rights.
DATES: This rule is effective November
2, 2007.
FOR FURTHER INFORMATION CONTACT: Paul
Peterson, Staff Attorney, Division of
Operations, Office of General Counsel,
at the National Credit Union
Administration, 1775 Duke Street,
Alexandria, Virginia 22314–3428 or
telephone (703) 518–6540.
SUPPLEMENTARY INFORMATION:
A. Background
In April 2007, the NCUA Board
published a proposed rule on member
inspection of FCU books, records, and
minutes. 72 FR 20061 (April 23, 2007).
The proposal provided that a group of
members representing approximately
one percent of an FCU’s membership,
upon petition and with a proper
purpose, may obtain access to the
nonconfidential portions of the FCU’s
books, records, and minutes. As stated
in the preamble to the proposal, the
NCUA Board intended it to replace
existing NCUA legal opinions stating
FCU members may inspect an FCU’s
books and records under the same terms
and conditions that state corporation
law where the FCU is located permits
shareholder inspection of corporate
records. The NCUA Board believes
regulating member inspection of FCU
records is preferable to reliance on state
corporation law because corporation
law on shareholder inspection varies
from state to state and all FCUs should
have the same standard regardless of an
FCU’s location. In addition, some courts
may refuse to apply their state
corporation law to inspection requests
by FCU members or may incorrectly
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56247
analogize the financial interests of credit
union members to those of depositors in
a mutual savings bank and deny
members inspection on those grounds.
In fashioning the proposed rule, the
Board identified an existing Office of
Thrift Supervision (OTS) rule governing
the right of shareholders to inspect the
books, records, and minutes of federal
stock savings associations. 12 CFR
552.11 (OTS Rule). The proposal
tracked the OTS Rule in large part.
The public comment period closed on
June 22, 2007. NCUA received 37
comments on the proposal. After
consideration of the comments, NCUA
has prepared this final rule on member
inspection of FCU books, records, and
minutes.
B. Public Comments
Several commenters believed the rule
and its petition process were
unnecessary. Some of these commenters
suggested that member access to FCU
information should be limited to
information the FCU, in its discretion,
determined to release to its members.
Other commenters stated the existing
member access process, that is, reliance
on state corporation law to determine
member rights, was adequate.
The NCUA Board disagrees with these
commenters. Permitting members access
to FCU information at the discretion of
the FCU would limit FCU transparency
and treat FCU members as something
less than the true owners of the FCU.
Also, as discussed in the preamble to
the proposed rule, reliance on State law
and State courts to apply State law to
FCUs has not worked well in the
context of member access to FCU
records. 72 FR 20061, 20062 (April 23,
2007). Accordingly, this final rule
retains the proposed process for
members to obtain access to FCU
records by petition.
Many commenters stated that, if the
NCUA retained the proposed petition
process, it should provide additional
protection for credit unions and credit
union records. Some of these
commenters argued the proposed rule
would make it too easy for competitor
credit unions and banks to acquire
sensitive financial information. Some of
these commenters also felt special
interests could use the petition process
in a repetitive fashion to paralyze a
credit union. Many commenters also
believed that the proposal went too far
in making the information related to the
compensation, benefits, and
qualifications of senior management
available to members.
Upon consideration of the public
comments the NCUA Board has made
several changes in the member petition
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Agencies
[Federal Register Volume 72, Number 191 (Wednesday, October 3, 2007)]
[Rules and Regulations]
[Pages 56245-56247]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-19260]
=======================================================================
-----------------------------------------------------------------------
FEDERAL ELECTION COMMISSION
11 CFR Part 113
[Notice 2007-18]
Use of Campaign Funds for Donations to Non-Federal Candidates and
Any Other Lawful Purpose Other Than Personal Use
AGENCY: Federal Election Commission.
ACTION: Final rule.
-----------------------------------------------------------------------
SUMMARY: The Federal Election Commission is revising its rules
regarding the use of campaign funds by candidates and other
individuals. The revision adds to the current list of permissible uses
of campaign funds in Commission regulations: donations to non-Federal
candidates; and any other lawful purpose other than personal use. This
change conforms the provision with those in the Federal Election
Campaign Act, as amended (``the Act''). Further information is provided
in the supplementary information that follows.
EFFECTIVE DATE: November 2, 2007.
FOR FURTHER INFORMATION CONTACT: Ms. Amy L. Rothstein, Assistant
General Counsel, or Ms. Stacey J. Shin, Attorney, 999 E Street, NW.,
Washington, DC 20463, (202) 694-1650 or (800) 424-9530.
SUPPLEMENTARY INFORMATION: Section 313 of the Federal Election Campaign
Act of 1971, as amended (``the Act''), sets forth permissible uses of
[[Page 56246]]
contributions \1\ accepted by candidates and donations \2\ received by
individuals to support their activities as Federal officeholders.
Section 313 is codified at 2 U.S.C. 439a and is referred to hereafter
as ``Section 439a.'' Section 439a(a) provides that candidates may use
contributions, and individuals holding Federal office may use
donations, for: (1) Expenditures in connection with the candidate's or
individual's campaign for Federal office; (2) ordinary and necessary
expenses incurred in connection with duties of the individual as a
Federal officeholder; (3) contributions to an organization described in
section 170(c) of the Internal Revenue Code; (4) transfers, without
limitation, to a national, State, or local committee of a political
party; (5) donations to State and local candidates subject to the
provisions of State law; and (6) any other lawful purpose, unless such
purpose constitutes personal use of contributions or donations. See 2
U.S.C. 439a(a).
---------------------------------------------------------------------------
\1\ A ``contribution'' is a payment, service or anything of
value given to a person for the purpose of influencing a Federal
election. See 11 CFR 100.52(a). ``Contributions'' are subject to the
limits and prohibitions of the Act.
\2\ A ``donation'' is a payment, service or anything of value
given to a person other than a ``contribution.'' See 11 CFR
300.2(e).
---------------------------------------------------------------------------
Section 113.2 of the Commission's regulations implements Section
439a by tracking the permissible uses of campaign funds and funds
donated to a Federal officeholder. The Commission initiated this
rulemaking to add to section 113.2 the two recently enacted permissible
uses regarding donations to non-Federal candidates, and donations for
any other lawful purpose other than personal use. See the Consolidated
Appropriations Act of 2005.\3\ The Commission notes that before 2002,
the Act and Commission regulations had permitted the use of campaign
funds for ``any other lawful purpose'' other than personal use. The
Bipartisan Campaign Reform Act of 2002 (``BCRA''),\4\ deleted ``any
other lawful purpose'' from Section 439a and set forth four permissible
uses of campaign funds.
---------------------------------------------------------------------------
\3\ Pub. L. 108-447, 118 Stat. 2809 (2004). The Consolidated
Appropriations Act of 2005 directed that section 312a(a) of the Act
be amended, but was executed by amending section 313(a) of the Act
``as the probable intent of Congress.'' 2 U.S.C.A. 439a (West 2004).
\4\ Pub. L. 107-155, 116 Stat. 81 (2002).
---------------------------------------------------------------------------
As noted above, however, the ``any other lawful purpose'' provision
was restored to Section 439a through the Consolidated Appropriations
Act of 2005. At that time, Congress also added donations to State and
local candidates as permissible uses of campaign funds. These changes
to the Act prompted this rulemaking.
The Commission published a Notice of Proposed Rulemaking (``NPRM'')
on July 19, 2007, in which it sought comment on proposed revisions to
11 CFR 113.2. See Notice of Proposed Rulemaking for Use of Campaign
Funds for Donations to Non-Federal Candidates and Any Other Lawful
Purpose Other Than Personal Use, 72 FR 39583 (July 19, 2007).\5\ The
comment period closed on August 20, 2007. The Commission received one
written comment from the Internal Revenue Service, which stated that
``the proposed rules do not pose a conflict with the Internal Revenue
Code or the regulations thereunder.''
---------------------------------------------------------------------------
\5\ Available at https://www.fec.gov/pdf/nprm/useoffunds/notice_
2007-15.pdf.
---------------------------------------------------------------------------
Accordingly, the Commission has decided to revise its rules
governing the use of campaign funds to add to the current list of
permissible uses of campaign funds in Commission regulations: (1)
Donations to non-Federal candidates; and (2) any other lawful purpose
other than personal use. These changes are identical to those proposed
in the NPRM.
Transmission of Final Rules to Congress
Under the Administrative Procedure Act, 5 U.S.C. 553(d), and the
Congressional Review of Agency Rulemaking Act, 5 U.S.C. 801(a)(1),
agencies must submit final rules to the Speaker of the House of
Representatives and the President of the Senate and publish them in the
Federal Register at least 30 calendar days before they take effect. The
final rules that follow were transmitted to Congress on September 25,
2007.
Explanation and Justification
1. 11 CFR 113.2(d)--Donations to State and local candidates
Section 439a(a)(5) of the Act expressly permits Federal candidates
and officeholders to donate their campaign funds to State and local
candidates. The Commission is amending 11 CFR 113.2 accordingly, by
adding a new paragraph (d), which permits Federal candidates and
officeholders to donate campaign funds from their authorized committees
to ``State and local candidates subject to the provisions of State
law.''
2. 11 CFR 113.2(e)--Any other lawful purpose
The Commission is amending 11 CFR 113.2 by inserting a new
paragraph (e), which states that campaign funds ``may be used for any
other lawful purpose, unless such use is personal use under 11 CFR
113.1(g).'' New paragraph (e) follows section 439a(a)(6) of the Act,
which permits the use of campaign funds ``for any other lawful
purpose,'' unless the funds are converted by any person to personal
use. The Commission notes that this change to the Act had the effect of
superseding the analysis in Advisory Opinion 2003-26 (Voinovich), in
which the Commission concluded that after BCRA deleted the ``any other
lawful purpose'' provision from Section 439a, campaign funds could be
used only for those non-campaign purposes that were specifically
enumerated in Section 439a. The change also had the effect of
superseding, in part, Advisory Opinion 2004-03 (Dooley), to the extent
that Advisory Opinion 2004-03 placed certain limits on an authorized
committee that had converted into a multicandidate committee and its
use, for any lawful purpose, of funds that had been received when the
committee was an authorized committee.
Certification of No Effect Pursuant to 5 U.S.C. 605(b) (Regulatory
Flexibility Act)
The Commission certifies that the attached final rule does not have
a significant economic impact on a substantial number of small
entities. The basis for this certification is that any individuals and
not-for-profit entities affected by this rule are not ``small
entities'' under 5 U.S.C. 601. The definition of ``small entity'' does
not include individuals, but classifies a not-for-profit enterprise as
a ``small organization'' if it is independently owned and operated and
not dominant in its field. 5 U.S.C. 601(4). The final rule affects
authorized committees, which are not independently owned and operated
because they are not financed and controlled by a small identifiable
group of individuals. Authorized committees are financed by
contributions from a large number of persons and controlled by the
candidate and the candidate's campaign employees and volunteers. To the
extent that any authorized committees might be considered ``small
organizations,'' the number that are affected by this final rule is not
substantial.
The final rule also does not impose any additional restrictions or
increase the costs of compliance for authorized committees. Instead,
the final rule provides authorized committees with additional options
for using campaign funds, which track the recent changes to 2 U.S.C.
439a(a). The final rule does not impose an undue burden upon authorized
committees because they are already required to report the use of
[[Page 56247]]
campaign funds to the Commission. Therefore, the attached final rule
does not have a significant economic impact on a substantial number of
small entities.
List of Subjects in 11 CFR Part 113
Campaign funds.
PART 113--USE OF CAMPAIGN ACCOUNTS FOR NON-CAMPAIGN PURPOSES
0
For the reasons set out in the preamble, the Federal Election
Commission is amending Subchapter A of Chapter I of Title 11 of the
Code of Federal Regulations as follows:
0
1. The authority citation for Part 113 continues to read as follows:
Authority: 2 U.S.C. 432(h), 438(a)(8), 439a, 441a.
0
2. Section 113.2 is amended by:
0
a. Adding paragraph (d);
0
b. Redesignating paragraphs (e) and (f) as paragraphs (f) and (g);
0
c. Adding new paragraph (e) ;
0
d. Amending newly redesignated paragraph (f)(1) introductory text by
removing the reference ``paragraph (e)(5)'' and inserting in its place,
the reference ``paragraph (f)(5)'';
0
e. Amending newly redesignated paragraph (f)(1) introductory text by
removing the reference ``paragraph (e)(1)(i)'' and inserting in its
place, the reference ``paragraph (f)(1)(i)''; and
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f. Amending newly redesignated paragraph (f)(1)(ii)(A) by removing the
reference ``paragraph (e)(1)(i)'' and inserting in its place, the
reference ``paragraph (f)(1)(i)''.
Sec. 113.2 Permissible non-campaign use of funds (2 U.S.C. 439a).
* * * * *
(d) May be donated to State and local candidates subject to the
provisions of State law; or
(e) May be used for any other lawful purpose, unless such use is
personal use under 11 CFR 113.1(g).
* * * * *
Dated: September 24, 2007.
Robert D. Lenhard,
Chairman, Federal Election Commission.
[FR Doc. E7-19260 Filed 10-2-07; 8:45 am]
BILLING CODE 6715-01-P