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In Advisory Opinion 2010-12 issued on August 13, 2010, the Federal Election Commission (FEC) addressed whether a corporation's board of directors are members of the corporation's "restricted class" and thus may be solicited for contributions to the corporation's federal PAC
On January 21, 2010, the United States Supreme Court ruled in Citizens United v. Federal Election Commission that corporations and unions may use general treasury funds to make independent expenditures for speech that is an electioneering communication or for speech expressly advocating the election or defeat of a candidate
Pursuant to its statutory authority to issue guidance on the Lobbying Disclosure Act (LDA), the Secretary of the U.S. Senate and the Clerk of the U.S. House of Representatives issued revised LDA guidance on December 15, 2011
