American Crossroads -- an influential conservative political committee launched last year with assistance from President George W. Bush's political guru Karl Rove and former Republican National Committee Chairman Ed Gillespie -- has changed from filing its campaign finance reports every month to filing them every quarter.
Federal regulations allow political committees the option of filing these documents monthly or quarterly. Another quirk in federal law allows quarterly filers to only submit forms twice a year during years without a federal election, such as 2011.
This means the first disclosure of American Crossroads' donors this year won't come until after July 31.
"Crossroads will join a multitude of groups and candidates, including many liberal and Democratic ones, which file every three months," Jonathan Collegio, the communications director for American Crossroads, told OpenSecrets Blog. "Because monthly reporting is not required, moving to a three-month system is a way to cut administrative overhead and time and resources dedicated to paperwork."
Tuesday, March 15, 2011
American Crossroads Quarterly Filing
The Open Secrets blog reports: