Amending Definition of Contribution to Include “Valuable Information”

The Commission announces its disposition of a Petition for Rulemaking filed on April 29, 2019. The Petition asked the Commission to amend the existing regulation defining "contribution" by adding a new section to include within the definition of contribution certain "valuable information." The Petition would further require the Commission to initiate investigations and report to a law enforcement agency "automatically" and without a vote whenever the Commission receives notice that any person has received certain "foreign information" or "compromising information." The Commission is not initiating a rulemaking at this time because it lacks the statutory authority to do so.