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Reply #157: Federal Elections Campaign Act (FECA) info [View All]

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wordpix Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-11-10 12:16 PM
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157. Federal Elections Campaign Act (FECA) info
http://www.fec.gov/pages/brochures/foreign.shtml

snip

The Prohibition

The Federal Election Campaign Act (FECA) prohibits any foreign national from contributing, donating or spending funds in connection with any federal, state, or local election in the United States, either directly or indirectly. It is also unlawful to help foreign nationals violate that ban or to solicit, receive or accept contributions or donations from them. Persons who knowingly and willfully engage in these activities may be subject to fines and/or imprisonment.
Who is a Foreign National?

The following groups and individuals are considered "foreign nationals" and are, therefore, subject to the prohibition:

* Foreign governments;
* Foreign political parties;
* Foreign corporations;
* Foreign associations;
* Foreign partnerships;
* Individuals with foreign citizenship; and
* Immigrants who do not have a "green card." snip

Domestic Subsidiaries and Foreign-Owned Corporations

A U.S. subsidiary of a foreign corporation or a U.S. corporation that is owned by foreign nationals may be subject to the prohibition, as discussed below.

snip

Seems clear to me---no foreign money for US elections. My question: Since COC claims to have a system, explain the system so we know how COC keeps its foreign solicitation$ separated from $ going to US election ads, organizing and campaigns.
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