New IRS Rules on Dark Money Likely Won’t Be Ready Before 2016 Election | ProPublica

The Internal Revenue Service says it won't come out with new proposed rules for so-called dark money groups until late spring at the earliest, increasing the likelihood that no changes will take effect before the 2016 elections.

These groups — social welfare nonprofits that can engage in politics, but do not have to disclose their donors — have become a major force in elections, pouring at least $257 million into the 2012 elections. The Wesleyan Media Project estimates that dark money paid for almost half the TV ads aired in the 2014 Senate races.

Be the first to comment

Please check your e-mail for a link to activate your account.