http://www.washingtonpost.com/wp-dyn/articles/A51992-2004Feb18.html
I have been writing alot about this is my diaries so I guess I should update people as I get more information about this. Here is the first report I have seen on the results of the big votes today. This article is extremely light on details but reading between the lines it appears that the FEC will put off making any of the big decisions about the 527 groups and whether they can accept soft money until they start the formal rulemaking process. Just trying to keep people as updated as possible on this big issue.
WASHINGTON - Election regulators imposed new limits Wednesday on non-party political groups that want to use large corporate and union donations to influence this fall's elections but declined for the time being to ban their use of big money.
The Federal Election Commission voted 4-2 to place some restrictions on outside political groups that register with the commission to raise money. The restrictions will limit when and how they can use corporate and union money for election activities.
But the commission put off a decision on the larger issue of whether the nation's new campaign finance law, which bans such donations to federal candidates and political parties, should also outlaw big money donations to outside groups like tax-exempt partisan organizations.
The commission will begin to weigh that issue next month in a formal rule-making process that could stretch into the spring.