Union Bailout Explained
House Administration Releases Chart Explaining How the DISCLOSE Act Exempts Unions from Major Campaign Finance Restrictions
Everyone Else
Unions
Under Section 101(a): Government Contracts
Banned from engaging in political speech if in a contractual relationship with the federal government to deliver goods or services
Free to spend unlimited amounts of money to support Congressional candidates despite contractual relationships with the federal government concerning collective bargaining terms
Under Section 101(b): TARP Recipients
Banned from engaging in political speech if recipient of TARP funds
Free to spend unlimited amounts of money to support Congressional candidates despite representing and receiving dues from employees whose employer is a TARP recipient
Under Section 102: Foreign Nationals
Forced to determine the nationality of every shareholder (direct or indirect) to determine whether at least 80% are U.S. citizens, or banned from political speech
May spend unlimited amounts of money on political speech without regard to whether any dues are derived from non-citizens (including those not legally in the U.S.)
Forced to go through a lengthy certification process to certify, under penalty of perjury, the company's eligibility to spend money on political speech
Free to spend unlimited amounts of money on political speech without any prior certification
Under Section 211: Reporting Requirements
Required to report sources of income over $600 to the FEC if engaging in political speech
Exempt from income reporting requirements because average annual dues are approximately $400 per member; even exempt from reporting transfers from affiliated unions up to $50,000
Under Section 214: Stand by Your Ad
Required to include additional disclaimers in political advertisements identifying any source of income greater than $100,000
Exempt from additional disclaimer requirements since members' individual dues will not exceed $100,000
For more information, please contact the Committee press office at (202) 225-8281.
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