So what are the rules around PACs and labor unions?
February 1, 2014 7:42 PM Subscribe
What are the rules that govern disclosure and contributions to Political Action Committees? Are there any disclosure rules related to labor unions transferring funds from their own budget into a separate PAC that they control (fees, disclosure, etc)?
I understand that basically the whole point of PACs is to reduce transparency in campaign contributions, and that this is magnified by Citizens United. But I don't understand the specifics:
*what rules exist?
*what rules do not exist?
*where can one review the rules that govern PACs?
*what little disclosure is there and where can I find that information?
* what fees and transaction costs are there related to moving funds over to a PAC?
* if a union has moved money from their own budget to a PAC, is there any way to know?
Also, if anyone is concerned, my specific question about rules related to labor unions has nothing to do with political vendetta or any effort against unions. My specific need for this info serves neither a pro-union nor an anti-union purpose.