Controversial Campaign Finance Law Triggers Surge in Political ...

Mar 4, 2024 · The influx of money came after the implementation of the 2023 Elections Transparency Act, a controversial campaign finance law that was signed by Governor Phil …

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How has campaign finance policy changed since 2002?

Major changes have occurred in campaign finance policy since 2002, when Congress substantially amended campaign finance law via the Bipartisan Campaign Reform Act (BCRA). The Supreme Court’s 2010 ruling in Citizens United and a related lower-court decision, SpeechNow.org v. ...

Do campaign finance regulations influence public policy?

Given these challenges, it is not surprising that previous analyses disagree as to whether campaign finance regulations influence public policy. In this research note, we leverage an exogenous change in state campaign finance law mandated by the Supreme Court’s Citizens United decision to estimate its effect on policy outcomes. ...

How was campaign finance regulated before the Citizens United ruling?

Before the Citizens United ruling, campaign finance was regulated by a series of laws designed to limit the influence of money on elections. The Federal Election Campaign Act (FECA) of 1971 and subsequent amendments created a regulatory framework that included limits on contributions and expenditures by individuals and organizations. ...

Do state campaign finance laws influence policy outcomes?

In sum, studies that relied on observational analyses of state campaign finance laws have produced mixed results, whereas those that have based their identification strategies on Supreme Court decisions have consistently found partisan and ideological effects but no evidence of an influence on policy outcomes. ...

Why did the Supreme Court decide a campaign finance case?

The court did so under the system of legal analysis it adopted at the birth of modern campaign finance law in its 1976 decision in Buckley v. Valeo. Republican vice presidential nominee JD Vance joined a GOP lawsuit to eliminate the limit on how much money parties can spend in coordination with candidates in elections. ...

Do campaign finance regulations make a difference?

Despite a century of efforts to constrain money in American elections, there is little consensus on whether campaign finance regulations make any appreciable difference. Here we take advantage of a change in the campaign finance regulations of half of the U.S. states mandated by the Supreme Court’s Citizens United decision. ...