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Whitehouse among senators pushing for greater regulation of Super PACs

March 23, 2012

Senator Sheldon Whitehouse is among 35 Democratic senators who this week unveiled legislation calling for greater transparency of Super PACs.

From a news release:

“The Supreme Court’s Citizens United decision has subjected the American people to a flood of political ads funded by anonymous donors,” said Whitehouse. “The American people deserve to know who is really behind these ads.  This legislation will require organizations involved in elections to tell the public where they are getting their money, and what they are spending it on – shining a badly needed light into the activities of these groups.”

The Act requires any covered organization that spends $10,000 or more during an election cycle to file a report with the Federal Election Commission within 24 hours, detailing the amount and nature of each expenditure over $1,000 and the names of all of its donors who gave $10,000 or more. Transfer provisions in the bill prevent donors from using shell organizations to hide their activities.

The DISCLOSE Act of 2012  also includes “stand-by-your-ad” stipulations requiring any group putting a political spot on TV or radio to specify its top funders in the ad.

The Sunlight Foundation offers some examples of what this kind of beefed-up disclosure would look like.

Politico, meanwhile, reports that Republicans have shown very little interest in the Senate Democrats’ attempt to shed more light on Super PACs.

One Comment leave one →
  1. Mister Guy permalink
    March 24, 2012 10:42 pm

    “Politico, meanwhile, reports that Republicans have shown very little interest in the Senate Democrats’ attempt to shed more light on Super PACs.”

    Of course they don’t care. Before the faulty Citizens United Supreme Court decision, the GOP was all about full disclosure when it came to campaign donations. After that decision, when their buddies in big business could finally spend unlimited amounts of money on campaigns, they fell curiously silent. It’s hypocrisy in action.

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