House Bills Would Highlight Lobbying Spending

Law360, New York (January 14, 2010, 4:49 PM EST) -- A pair of new bills introduced in the U.S. House of Representatives would prevent corporations from having their securities traded on national exchanges unless the companies show that they comply with federal limits on campaign contributions and would require public companies to disclose lobbying expenses.

Rep. Alan Grayson, D-Fla., on Wednesday introduced both proposals to require greater transparency for publicly traded companies' spending on lobbying.

The first bill would require a corporation to provide a certification that it meets the terms of the Federal Election Campaign...
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