This program has two components: first, a top-to-bottom explanation of traditional political action committees (or PACs), the role they play in the political process, and the rules that govern how they are operated; and then a discussion of the relatively new independent-expenditure only PACs (or Super PACs as they are called) and how they can be used to support or oppose candidates.
This program, presented by Ronald Jacobs, the chair of Venable’s political law group and editor of the Political Law Briefing Blog, will help corporations, nonprofits, and trade associations understand how they can create and operate a PAC to support political candidates at the federal and state level. You will learn how to solicit contributions without violating the rules on coercion, how to structure PAC governance, and how to handle PAC disclosure requirements.
After examining PACs, the program switches to discuss Super PACs. It begins by explaining the difference between contributions and expenditures, and how individuals, nonprofits, and corporations may make unlimited contributions to Super PAC to support or oppose candidates. Super PACs must remain independent of the candidates they support, and this program will discuss what it means to impermissibly “coordinate” with a candidate, and what interactions are permissible. Finally, learn how states are at the forefront of forcing Super PACs to disclose individuals behind the contributors to Super PACs.
I. Grasp how a corporate PAC can be used to make contributions to candidates at the federal and state level
II. Discover how to set up and operate a corporate PAC
III. Understand who may be solicited to make contributions to a PAC and the restrictions on how to solicit
IV. Comprehend how a Super PAC is different from a traditional PAC
V. Recognize coordination restrictions on the interaction between Super PACs and candidates
Ronald Jacobs, a partner in Venable’s Washington D.C. office serves as chair of Venable’s Political Law Group. He advises clients on all aspects of state and federal political law, including campaign finance, lobbying disclosure, gift and ethics rules, pay-to-play laws, and tax implications of political activities. Mr. Jacobs assists clients with crises response to government investigations and enforcement actions, Congressional investigations, class-action law suits, and other high-profile problems that involve potentially damaging legal and public-relations matters. Along with Lawrence Norton, he co-edits the firm’s Political Law Briefing blog.
Mr. Jacobs understands the often-contradictory rules imposed by the different laws that apply to political activities. He offers practical advice that considers not only the legal requirements, but also the reputational risk, of political activity to a broad range of clients, including large and small companies, trade associations, charities, campaigns, Super PACs, ideological groups, individuals, and political vendors. He has developed political compliance programs for Fortune 500 companies and other clients that lobby and make political contributions nationwide.
In addition to counseling clients on political law matters, Mr. Jacobs has extensive experience in the administrative rulemaking process and in litigating challenges to agency decisions in federal court. He has represented clients in administrative matters before the Federal Election Commission, the Merit Systems Protection Board, the Federal Trade Commission, the United States Congress, and in federal court.
Some of Mr. Jacobs’s significant matters have included:
Excellent presentation of difficult and complex area of law.
Very well done...thank you.
Very informative and interesting.
Very informative and well done!
Great succinct summary of PACs and Citizen's United decision.
It was interesting
This is a lot of material to cover and I will likely need to revisit this seminar in order to digest it all better.
Ronald was really amazing, he kept my attention for the entire session.