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EXEMPT ORGANIZATIONS 1003 Tax Lawyer, Vol. 54, No. 4 EXEMPT ORGANIZATIONS SUBMITTED BY THE COMMITTEE ON EXEMPT ORGANIZATIONS: ROBERT H.M. FERGUSON, COMMITTEE CHAIR; LAURA B. CHISOLM, SUBCOMMITTEE CHAIR ON IMPORTANT DEVELOPMENTS* Legislation The Full and Fair Political Activity and Disclosure Act of 2000 (the “Act”), Pub. L. No. 106-230, 114 Stat. 477, amending section 527 was signed into law by President Clinton on July 1, 2000. The new law imposes three new reporting and disclosure requirements...