Be Afraid. Be Very Afraid
From The New Campaign Finance Sourcebook.
Political Web Sites Maintained By Individuals
An individual may participate in political activities over the Internet in countless ways but must be wary of the requirements and pitfalls associated with such activity. Thus, an individual may spend an unlimited amount of money creating a web site that discusses issues, legislation, and policy--and basically anything else provided it does not expressly advocate the election or defeat of a federal candidate--without subjecting herself to regulation by any federal election laws. She may instead spend an unlimited amount of money creating a web site expressly advocating the election or defeat of a candidate, provided she does not coordinate with a federal candidate or the candidate's campaign committee. In this case, however, the costs of creating and maintaining the web site are considered "expenditures," which trigger reporting requirements to the FEC if they exceed $250. Finally, she may create a web site expressly advocating the election or defeat of a candidate in coordination with a federal campaign committee. Because she coordinated with a campaign, the costs are considered "in-kind contributions" and are counted against her annual contribution limit of $2,100 per candidate per election.