FEC COLLECTS $630,000 IN CIVIL PENALTIES FROM THREE 527 ORGANIZATIONS:
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The Federal Election Commission announced today that it has reached settlements with three 527 organizations accused of violating the federal campaign finance laws during the 2004 presidential election. The League of Conservation Voters 527 and 527II, MoveOn.org Voter Fund, and Swiftboat Veterans and POWs for Truth have collectively paid almost $630,000 to settle charges that they failed to register and file disclosure reports as federal political committees, and accepted contributions in violation of federal limits and source prohibitions. The Commission approved all three conciliation agreements by a vote of 6-0.
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Good. I like the idea of these groups, but don't like the abuses.
Here's the scorecard:
* League of Conservation Voters 527 and 527II -- $180,000
* MoveOn.org Voter Fund -- $ 150,000
* Swiftboat Veterans and POWs for Truth -- $ 299,500
The announcement also includes the following:
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The organizations also agreed to cease and desist from violating applicable laws and regulations and to file reports with the Commission for the relevant periods containing all of the information that must be disclosed by federal political committees.
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Hopefully, we won't see organizations like these get carried away during the '08 presidential campaign.