FEC Discusses Advisory Opinion Request and Holds Audit Hearing

WASHINGTON–The Federal Election Commission today discussed an advisory opinion request and held an open audit hearing.

Advisory Opinion Request 2014-04 (Enterprise Holdings, Inc.). The Commission discussed two draft Advisory Opinions and a draft closeout letter in response to a request from Enterprise Holdings, Inc., and held over further discussion and a vote until the next open meeting on June 26. The requestor asked whether the Federal Election Campaign Act of 1971, as amended, (the Act) and Commission regulations preempted New York state law regarding the requestor’s use of payroll deductions to process voluntary contributions to its separate segregated fund, insofar as the New York state law applies to such deductions. During the discussion, the Commission heard from counsel on behalf of the requestor.

Audit Hearing on Canseco for Congress. The Commission held an audit hearing on Canseco for Congress.

The Federal Election Commission (FEC) is an independent regulatory agency that administers and enforces federal campaign finance laws. The FEC has jurisdiction over the financing of campaigns for the U.S. House of Representatives, the U.S. Senate, the Presidency and the Vice Presidency. Established in 1975, the FEC is composed of six Commissioners who are nominated by the President and confirmed by the U.S. Senate.