McCain, Feingold's First Bipartisan Effort In A Decade To Strengthen Lobbying Laws...

Bloomberg Jonathan D. Salant December 15, 2005 at 10:24 AM
AP/Dennis Cook

U.S. Senators John McCain and Russell Feingold, who led the drive to ban unlimited corporate and union donations to political parties, will make the first bipartisan effort in a decade to strengthen lobbying laws. Their legislation comes as a scandal threatens to ensnare some colleagues.

The lawmakers will introduce a measure as early as today that would require lobbyists to disclose through quarterly electronic reports all the contributions they make, the fund- raisers they arrange and the amount they spend on behalf of candidates and political parties, according to a person who has seen a draft. The legislation would require disclosure of all grass-roots activities and double to two years the waiting period before a lawmaker-turned-lobbyist could lobby a former colleague.

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