Last Updated 05/01/2020
Fair Political Practices Commission News
The Fair Political Practices Commission is proposing new regulations that require reporting and disclosure for limited liability companies (LLC’s). Currently, if an LLC makes a reportable campaign contribution or independent expenditure, the name of the LLC is reported as the source of the funds. In addition to reporting the name of the LLC, the committee receiving the contribution would need to provide the name of the individual responsible for the LLC’s political activity, even though this is not required under the California Corporations Code. Link to FPPC Memorandum
The Fair Political Practices Commission is allowing a 60-day extension due to the current COVID-19 pandemic for individuals required to file a 2019 annual Statement of Economic Interests (Form 700). Filings are due June 1, 2020. Press Release
San Francisco Ethics Commission News
The physical offices of the Ethics Commission will remain closed for the duration of California’s shelter in place order, until at least May 31st, unless otherwise noticed. The May Commission meeting has been canceled. The Ethics Commission remains open for business and staff continue to assist with filing guidance, online disclosure tools and resources, advice, and compliance assistance, among its other duties. Notice
City of Oakland Public Ethics Commission News
During the Oakland Public Ethics Commission May teleconference, the Commission will review and potentially approve the 2020 Limited Public Financing Program Guide for City Council District Candidates. The Limited Public Financing Act provides a limited amount of campaign funds for candidates running for Oakland City Council District seats. The following link provides information on how to join the meeting, as well as information on the proposed Guide. Meeting Information
Internal Revenue Service News
The Secretary of the Treasury has determined that any person with a Federal income tax payment or a Federal income tax return due April 15, 2020, is affected by the COVID-19 emergency for purposes of the relief described in this IRS notice. The term “person” includes an individual, a trust, estate, partnership, association, company or corporation, as provided in section 7701(a)(1) of the Code. For Affected Taxpayers, the due date for filing Federal income tax returns and making certain Federal income tax payments due April 15, 2020, is automatically postponed to July 15, 2020 in Notice 2020-18. Notice 2020-23 amplifies the relief provided in Notice 2020-18 and Notice 2020-20, extending additional key tax deadlines for taxpayers.