Monday, April 26, 2010
The Boston Globe has reported that congressional Democrats are ready to introduce legislation that would "require sweeping disclosures by corporations, unions, and nonprofit groups that pay for political advertising." The contemplated bill is a response to the recent Supreme Court opinion of Citizens United v. Federal Elections Commission, 558 U.S. ___, 175 L. Ed. 2d 753, 2010 U.S. LEXIS 766 (2010), and (as previously blogged here) has been widely anticipated. The proposed legislation is reported to require chief executive officers to attach their approval of political advertisements, and to require organizations to disclose major donors whose donations are used for campaign-related activity. For more details, see the description of the proposed legislation on Politico.