Federal Lobbying Disclosure Act

[AI summary unavailable — showing source text] Federal Lobbying Disclosure Act - Requires lobbyists and persons employing lobbyists to file an annual notice of representation with the Comptroller General describing the subject matter of the decisions which the lobbyist is attempting to influence and identifying the lobbyist and his client or employer. Requires that lobbyists and organizations which hire lobbyists and spend $5,000 or more for such employment must file quarterly reports with the Comptroller General indicating the decision with respect to which the person was engaged in lobbying and an itemization of any expenditure of $50 or more spent for retaining a lobbyist or for gifts or loans to any Federal officer or employee. Exempts specified tax-exempt organizations from the quarterly reporting requirements of this Act. Requires voluntary organizations filing pursuant to this Act to identify any person from whom income for lobbying is received, when such income is in excess of $1,000 and five percent of the total expenditures of such organization for lobbying. Requires each person or organization required to file such quarterly reports to keep and maintain adequate records of such expenditures for at least three years. …