Caught this on Red State this morning but did not have time to post it here.
It is rather "gray" in whether the NRA is fencewalking it's support or opposition.
Seems the devil is in the details:
On the issue of reporting requirements, the bill mandates that the NRA electronically file all reports with the FEC within 24 hours of each expenditure. Within 24 hours of FEC posting of the reports, the NRA would be required to put a hyperlink on our website to the exact page on which the reports appear on the FEC's website - and keep that link: active for at least one year following the date of the general election. Independent Expenditure reports would have to disclose all individuals who donate $600 or more to the NRA during the reporting period and Electioneering Communication reports would have to disclose all individuals who donate $1,000 or more to the NRA during the reporting period.
There are literally thousands of NRA donors who would meet those thresholds, so these requirements would create a significant and unwarranted burden.
Some have argued that under the bill, all the NRA would have to do to avoid disclosing our $600 or $1,000 level donors is to create a "Campaign-Related Activity Account." Were we to set up such an account, however, we would be precluded from transferring more than $10,000 from our general treasury to the account; all individual donors to that account would have to specifically designate their contributions in that manner and would have to limit their contributions to $9,999; the burdensome disclosure requirements for ads, mailings and robocalls would still apply; and the NRA would be prohibited from spending money on election activity from any other source - including the NRA's Political Victory Fund (our PAC).
In sum, this provision is completely unworkable.
Unfortunately, H.R. 5175 attacks nearly all of the NRA's political speech by creating an arbitrary patchwork of unprecedented reporting and disclosure requirements. Under the bill, the NRA would have to track the political priorities of each of our individual members - all four million of them. The cost of complying with these requirements would be immense and significantly restrict our ability to speak.It could be, the "legal lingo" is "the desired effect", force the NRA to disclose the names of all contributors, and post a link for a year. The current admin. could be doing this by design.
I don't know...
