POLITICS (National): Campaign finance, disclosure, regulation of nonprofits/social welfare organizations, editorial: "Don't count on IRS for campaign disclosure any time soon"....
* Sacramento Bee (editorial): "Don't count on IRS for campaign disclosure any time soon" - From the Bee:
Voters almost certainly will endure another election in 2014 without meaningful regulation of nonprofit corporations that claim to be social welfare organizations, but engage heavily in campaigns while benefiting from their tax-exempt status.
President Barack Obama’s administration, through the Internal Revenue Service, last week issued the beginnings of what might one day become regulations that could curtail some political activity by so-called social welfare organizations. Given the complexity of the undertaking, and high level of interest on the part of lawyers, consultants and politicians, there is virtually no way new rules governing these nonprofit corporations will be in place before the 2016 election.
The IRS proposal leaves basic issues to be determined by the rule-making process. . . . . . . . .
Congress should require greater disclosure by politically active nonprofits, and direct the Federal Election Commission , which regulates federal campaigns, to take a greater role in policing politically active nonprofits. Of course, House Republicans and Senate Democrats don’t agree on much of anything.
That leaves it to the IRS, an agency that must protect taxpayer confidentiality, and is ill-suited to regulate campaigns in a democracy that values openness. The better alternative would be for the Federal Election Commission to directly regulate all federal campaign activity, including those by so-called social welfare organizations.
* Los Angeles Times (editorial): "501(c)(4) rules without teeth" - "Proposed regulations to cover tax-exempt 'social welfare' organizations don't go far enough in reining in their political activities."