From 2012 05 Dallas |
The Wheel is on a short hiatus, due to circumstances beyond my control that I am not allowed to talk about, under penalty of law, or something like that.
From 2012 05 Dallas |
After the jump, what this filing can tell us about this new organization that wants to change Richardson's city charter.A 527 organization or 527 group is a type of American tax-exempt organization named after Section 527 of the U.S. Internal Revenue Code (26 U.S.C. § 527). A 527 group is created primarily to influence the selection, nomination, election, appointment or defeat of candidates to federal, state or local public office.
Technically, almost all political committees, including state, local, and federal candidate committees, traditional political action committees, "Super PACs", and political parties are "527s." However, in common practice the term is usually applied only to such organizations that are not regulated under state or federal campaign finance laws because they do not "expressly advocate" for the election or defeat of a candidate or party. When operated within the law, there are no upper limits on contributions to 527s and no restrictions on who may contribute. There are no spending limits imposed on these organizations; however, they must register with the IRS, publicly disclose their donors and file periodic reports of contributions and expenditures.
Source: Wikipedia.
On Sunday, Alan North announced a petition drive for a referendum on the direct election of the mayor of Richardson. Is he in to win this time? Or will he pull a second disappearing act?Yesterday, upon the stair,
I met a man who wasn't there
He wasn't there again today
I wish, I wish he'd go away...
Source: Hughes Mearns.