Lobbyist bundling disclosure threshold adjusted (2014)
The Federal Election Campaign Act, as amended by the Honest Leadership and Open Government Act of 2007 (HLOGA), requires certain political committees to disclose contributions bundled by lobbyists/registrants and lobbyist/registrant PACs once the contributions exceed a specified threshold amount. The Commission must adjust the threshold amount annually.
The threshold is adjusted by multiplying the $15,000 statutory threshold by the difference between the price index for the preceding 12 months, as certified by the Secretary of Labor, and the price index for the base period (CY 2006). 2 U.S.C. §§ 434(i)(3) and 441a(c)(1)(B). The resulting amount is rounded to the nearest multiple of $100. 2 U.S.C. § 441a(c)(1)(B)(iii). Based on this formula, the lobbyist bundling disclosure threshold for 2014 is $17,300.
Resources:
- Lobbyist bundling disclosure guidance
- Federal Register notice [PDF]
- FEC Form 3L and instructions [PDF]