; (3) whether the shareholder believes that such disbursements should be made with respect to elections for Federal, State, or local office; and (4) such other information as the Commission may specify, by rule. (c) Disbursement for a political purpose defined (1) In general For purposes of this section, the term disbursement for a political purpose means any of the following: (A) A disbursement for an independent expenditure, as defined in section 301(17) of the Federal Election Campaign Act of 1971 ( 52 U.S.C. 30101(17) ). (B) A disbursement for an electioneering communication, as defined in section 304(f) of the Federal Election Campaign Act of 1971 ( 52 U.S.C. 30104(f) ). (C) A disbursement for any public communication, as defined in section 301(22) of the Federal Election Campaign Act of 1971 ( 52 U.S.C. 30101(22) )— (i) which expressly advocates the election or defeat of a clearly identified candidate for election for Federal office, or is the functional equivalent of express advocacy because, when taken as a whole, it can be interpreted by a reasonable person only as advocating the election or defeat of a candidate for election for Federal office