Alabama: PAC-to-PAC tramsfer bill is in conference committee
The Birmingham News reports: An effort to ban shuffling money between political action committees is coming down to the final day of the legislative session.
A conference committee on Thursday debated a watered-down version of the ban originally proposed by Rep. Jeff McLaughlin, D-Guntersville.
The proposed compromise bans PAC-to-PAC transfers, but would carve out one-way street exemptions for political parties and legislative caucuses and require new filings to shed light on who s getting and giving money in Alabama politics.
PACs could give money to political parties and legislative caucuses, but the parties and caucuses could not give money to another PAC, under the compromise. PACs, political parties, legislative caucuses and "get out the vote" groups would have to file new quarterly reports listing their contributions and donations in addition to the reports they file before elections. -- Alabama Legislature s proposed PAC compromise would require new disclosure- al.com