A controversial law that would require U.S. companies to disclose how they fund campaigns could make the 2016 presidential race less competitive, according to a new study by researchers at George Mason University and the Brookings Institution.
The study, published in the journal Policy, argues that the law’s effect will be “minimal.”
In the study, titled “The Hogan Act and its Effect on Campaign Spending,” authors Andrew Gelman, professor of political science at George Washington University, and William Galston, associate professor of government and public affairs at Georgetown University, analyzed the 2016 campaign finance law from the outset and found that its effects will be minimal, and that candidates and their political parties could avoid the “political crisis” that would ensue if disclosure laws were enforced.
“We found that the Hogan Act would not reduce the intensity of the political crisis that would result from the disclosure requirements in a presidential election, and would not significantly alter the composition of the American electorate,” the authors wrote.
That said, they noted, a disclosure law is “a highly sensitive issue, with implications for both candidates and voters alike, because it is likely to have a substantial effect on the presidential contest.”
The law would force companies to publish their contributions to political committees and candidates in aggregate, rather than individually, as is required under current law.
The authors noted that while companies would be required to report such data, it would not require them to disclose individual contributions.
They noted that the transparency requirements would “likely require more disclosure of individual contributions than has been required under existing campaign finance laws,” and noted that, in contrast, the law would “require companies to publicly disclose the aggregate amount of contributions to candidates and political parties that they make to the candidates and parties.”
The law’s transparency requirements also require the disclosure of a candidate’s campaign contributions and spending records, but it does not require the candidate to disclose the total amount of funds that he or she raised during the 2016 cycle.
In addition, the study authors found that while the disclosure laws would likely require more disclosures than currently required, the parties would not be required under the law to disclose a candidate.
They note that the disclosure provisions “would require parties to disclose all of their expenditures for the 2016 election cycle.”
The authors conclude that the current law would require disclosure of candidates’ campaign contributions, but would not prohibit the disclosure and disclosure of party expenditures.
The study also noted that because the law requires companies to post the aggregate amounts of contributions and expenditures to candidates, they would be less likely to disclose aggregate amounts than they would under current campaign finance rules.
In fact, they found that companies would not disclose aggregate contributions and expenditure amounts to the public under the Hogan-Martinez law.
They note that in the 2016 elections, companies spent $4.9 billion, $3.5 billion, and $2.9 million on individual, candidate, and party campaigns, respectively.
Companies spent $2 billion more on the 2016 primaries, $2 million more on Senate primaries, and less than $1 million on House primaries.
Companies would also be less able to raise and spend money from PACs if the Hogan law were in effect, as they would likely be prohibited from doing so under current rules.
The study noted that companies could continue to contribute to political parties as usual, but they would have to disclose contributions to individual candidates.
Companies could also continue to raise money from individual PACs, but not to PACs, the authors said.
However, the Hogan bill would require companies to make the aggregate aggregate amounts disclosed to candidates public.
While the Hogan legislation would require that companies disclose aggregate expenditures, it also requires companies “to make the disclosures of individual expenditures public and to disclose an aggregate amount to the Committee on the Judiciary and to the Committees on Appropriations, and to make all disclosures to the general public.”
The Hogan law would also require companies that make aggregate contributions to campaign committees to disclose their aggregate contributions in aggregate.
Companies that make contributions to campaigns could, however, only make aggregate donations of $2,500 per person, or $25,000 per person for each of the six years preceding the election.
This requirement, which is similar to the existing disclosure requirements under current laws, is also part of the law, but does not include aggregate amounts.
The law also requires candidates and PACs to make individual contributions in aggregations of $50,000 or more per election, with a minimum aggregate amount for each candidate of $10,000.
The Hogan bill also requires that companies that contribute to parties or PACs disclose the contributions to each candidate and political party in aggregate at the time of contribution, regardless of the aggregate dollar amounts that are disclosed.
However, companies could not contribute to candidates or parties without disclosing the aggregate contributions made to the campaigns, which would require the companies to report aggregate amounts for the campaigns and political committees separately.
The law does not specifically prohibit companies from reporting individual contributions made by individuals.
The Hogan law only prohibits companies from