FEC Announces New Policy on PDAs
Don't worry, the FEC isn't trying to regulate your Blackberry or public displays of affection. The PDAs we're talking about are employee payroll deduction authorizations for contributions made to federal PACs. The Commission has just published a policy statement to clarify how PACs raising funds using payroll deduction can satisfy FEC recordkeeping requirements. While PACs may continue to keep the traditional signed authorization forms, other records of the transmittal of funds from employers or collecting agents, such as spreadsheets, computerized records, wire transfer records, or other written or electronic records may also be acceptable.