Legislators reintroduce campaign finance reform
See press release here: http://wispolitics.com/1006/061122PocanCFR.pdf
From the press release:
"The bill creates a Clean Elections Fund that provides 100 percent public financing for state political campaigns for the State Assembly, Senate, and other state elections including the governor’s office. A candidate must get a certain number of small $5.00 donations from district residents to qualify for funding. Once approved, they receive a spending limit and amount for their campaign.
As a disincentive for excessive campaign spending, if someone who runs “clean” has an opponent
who spends more, the “clean” candidate receives dollar for dollar up to 2.5 times the original grant. The incentive to keep spending down also applies to “independent” expenditures and “issue” ads on behalf of candidates. These groups spent millions last fall on state races."
For a list of legislative initiatives surrounding campaign finance reform, visit http://www.wisdc.org/legislative_initiatives2005.php
From the press release:
"The bill creates a Clean Elections Fund that provides 100 percent public financing for state political campaigns for the State Assembly, Senate, and other state elections including the governor’s office. A candidate must get a certain number of small $5.00 donations from district residents to qualify for funding. Once approved, they receive a spending limit and amount for their campaign.
As a disincentive for excessive campaign spending, if someone who runs “clean” has an opponent
who spends more, the “clean” candidate receives dollar for dollar up to 2.5 times the original grant. The incentive to keep spending down also applies to “independent” expenditures and “issue” ads on behalf of candidates. These groups spent millions last fall on state races."
For a list of legislative initiatives surrounding campaign finance reform, visit http://www.wisdc.org/legislative_initiatives2005.php
posted by Vincent at 8:03 PM
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