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Non-Profit Campaign Finance (527 Groups)
On April 5, 2006, the House of Representatives approved H.R. 513, the "527 Reform Act." The legislation, sponsored by Reps. Christopher Shays (R-Conn.) and Marty Meehan (D-Mass.), applies the same contribution limits, soft money ban and reporting requirements to Section 527 political organizations that apply to all other political committees. The vote was 218 in favor and 209 opposed, a vote that largely followed party lines. The bill has now been sent to the Senate for consideration.
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