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California: some contributions are not disclosed -- and it's all legal

The Sacramento Bee reports: For the second year in a row, business-oriented political action committees are coming under fire for making big campaign contributions without having to immediately disclose where they're getting their money.

This time, supporters of actor-director Rob Reiner's preschool initiative have filed a complaint with the Fair Political Practices Commission accusing four business PACs opposed to the measure of not fully disclosing the source of their campaign funds.

Campaign finance experts say that a quirk in state election law enables "general purpose" recipient committees - those that support multiple candidates or ballot measures, such as the four PACs - to get around reporting their last-minute political cash transactions. ...

Under current election law, candidate campaign committees as well as "primarily formed" recipient committees - those created to support or oppose specific candidates or ballot measures - are required to report any contribution of $1,000 or more within 24 hours. -- Politics - Election law quirk spurs protests - sacbee.com

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