As I understand it, I can speak to the subamendment and amendment at the same time. That's great.
This will ensure that a party holding a fundraising event that does not comply with the rules—be it publishing the information on its website five days prior to the event or providing the report 30 days after the event—cannot keep the funds raised during the event. It would have to return the contributions to donors.
On Tuesday, a witness said that the fine for failing to properly comply with that obligation tends to be lower than the amount raised during the fundraising event. The party can therefore use the money it raised to pay the fine and keep the rest. This lets parties break the rules at no cost to them, even allowing them to profit from it.
