California fines groups $16 million for funneling money to campaigns - 2013-10-25

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F47.png California fines groups $16 million for funneling money to campaigns October 25, 2013, Chris Megerian, Los Angeles Times

SACRAMENTO — California officials are imposing a record $16 million in penalties on secretive political groups that funneled money into initiative campaigns in 2012, ending a yearlong investigation that showed gaps in state disclosure laws.

Two campaign committees in California are being ordered to pay a total of $15 million to the state, a sum equivalent to the donations they received, which regulators said were improperly reported. Two Arizona nonprofits, one linked to billionaire Republican donors Charles and David Koch, will pay a combined $1-million fine as part of a settlement.

The nonprofits are not being required to reveal their donors' identities, even though disclosure was at the root of the investigation. Under existing campaign finance laws, the state cannot force the groups to release the names, officials said.

Wikipedia cite:
{{cite news | first = Chris | last = Megerian | author2 = Anthony York | title = California fines groups $16 million for funneling money to campaigns | url = https://www.latimes.com/local/la-xpm-2013-oct-25-la-me-secret-money-20131025-story.html | work = Los Angeles Times | date = October 25, 2013 | accessdate = October 30, 2019 }}