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      FEC Record: Regulations
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      Commission concludes consideration of rulemaking regarding limited liability partnerships

FEC Record: RegulationsCommission concludes consideration of rulemaking regarding limited liability partnershipsNovember 13, 2023 The Commission has ended the consideration of a rulemaking which would have revised Commission regulations to treat certain limited liability partnerships (LLPs) as corporations for purposes of the Federal Election Campaign Act (the Act). Background On December 13, 2012, the Commission published a Notice of Proposed Rulemaking (NPRM) in the Federal Register seeking comment on a proposed rule that would treat LLPs that opt for federal corporate tax treatment as corporations for the purposes of the Act. The Commission received four comments on the NPRM. Three of the comments were supportive of new rules on LLPs but did not support the Commission’s proposal. One of the comments explicitly opposed the proposal. As the Commission has not taken any additional action on the proposal and there has been no public interest shown in this rulemaking, the Commission has ended consideration of this matter and terminated REG 2012-02. Resources FEC Record - Notice of proposed rulemaking on limited liability partnerships (2012)FEC Searchable Electronic Rulemaking System
 Author
          Paul StoetzerSr. Communications Specialist


Read next: Pending advisory opinion requests as of November 1, 2023
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This information is not intended to replace the law or to change its meaning, nor does this information create or confer any rights for or on any person or bind the Federal Election Commission or the public. The reader is encouraged also to consult the Federal Election Campaign Act of 1971, as amended (52 U.S.C. 30101 et seq.), Commission regulations (Title 11 of the Code of Federal Regulations), Commission advisory opinions and applicable court decisions.


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