Union Finance Disclosure Rules Could Face Legal Challenges

The Labor Department wants stricter financial reporting requirements for labor organizations and their affiliates. Labor groups almost certainly will challenge the plan in court as they have in the past, sources told Bloomberg Law.

The DOL estimates that by December it will issue proposed rules covering “intermediate bodies” such as state, regional, or district union offices, and union “trusts.”

The two proposals out of the Office of Labor-Management Standards mirror policies from the George W. Bush administration. The Bush era faced legal challenges from the AFL-CIO and the National Education Association and were overturned altogether during the Obama presidency.

Unions ...