Colorado lawmakers examine campaign finance
DENVER – Colorado lawmakers are trying to figure out how a new Supreme Court ruling on political spending by corporations affects the state’s own spending limits.
The court overturned two earlier decisions and threw out parts of a 63-year-old law that said companies and unions can be prohibited from spending to produce and run their own campaign ads. The decision threatens similar limits imposed by 24 states.
Colorado’s secretary of state, Bernie Buescher, met with legislative on Friday to talk about the ruling. He’s trying to head off a potential lawsuit challenging Colorado’s law. Colorado Republican Party chairman Dick Wadhams said the party hasn’t decided whether to sue but said other groups may decide to challenge Colorado’s Amendment 27 in court.
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