; (vii) a description of the specific nature of any expenditure for political activities the corporation intends to make for the forthcoming fiscal year, to the extent the specific nature is known to the corporation; and (viii) the total amount of expenditures for political activities intended to be made by the corporation for the forthcoming fiscal year. (B) Definitions In this paragraph: (i) Expenditure for political activities The term expenditure for political activities — (I) means— (aa) an independent expenditure (as defined in section 301(17) of the Federal Election Campaign Act of 1971 ( 52 U.S.C. 30101(17) )); (bb) an electioneering communication (as defined in section 304(f)(3) of that Act ( 52 U.S.C. 30104(f)(3) )) and any other public communication (as defined in section 301(22) of that Act ( 52 U.S.C. 30101(22) )) that would be an electioneering communication if it were a broadcast, cable, or satellite communication; or (cc) dues or other payments to trade associations or organizations described in section 501(c) of the Internal Revenue Code of 1986 and exempt from tax under section 501(a) of that Code that are, or could reasonably be anticipated to be, used or transferred to another association or organization for the purposes described in item (aa) or (bb); and (II) does not include— (aa) direct lobbying efforts through registered lobbyists employed or hired by the corporation; (bb) communications by a corporation to its shareholders and executive or administrative personnel and their families