Except for a certain type of small, informal corporation, corporations may not engage in express advocacy under the Federal Election Campaign Act.
Except for a certain type of small, informal corporation, corporations may not engage in express advocacy under the Federal Election Campaign Act.
+
+
== Requirements of Independent Expenditures ==
Independent expenditures must include a disclaimer in "a clear and conspicuous notice in the printed material or during the broadcast," and this disclaimer must:<ref>11 CFR 109.11, 110.11(a)(2) and (b)(3)</ref>
Independent expenditures must include a disclaimer in "a clear and conspicuous notice in the printed material or during the broadcast," and this disclaimer must:<ref>11 CFR 109.11, 110.11(a)(2) and (b)(3)</ref>
Line 17:
Line 19:
The amount spent on an independent expenditure must be reported to the Federal Election Commission.
The amount spent on an independent expenditure must be reported to the Federal Election Commission.
−
Independent expenditures may also be taxable under section 527(f) of the Internal Revenue Code.
+
Independent expenditures may also be taxable under section 527(f) of the Internal Revenue Code.
+
+
== Distributing a candidate's materials ==
+
+
With a few exceptions, an independent expenditure does not include "any expenditure to distribute or republish campaign material (print or broadcast) produce or prepared by a candidate's campaign. That would be an [[in-kind contribution]].