Current:Home > MarketsOregon passes campaign finance reform that limits contributions to political candidates -StockSource
Oregon passes campaign finance reform that limits contributions to political candidates
View
Date:2025-04-16 19:34:29
PORTLAND, Ore. (AP) — Oregon lawmakers gave final passage Thursday to a campaign finance reform bill that limits the amount of money people and political parties can contribute to candidates, following recent elections that saw wealthy donors inject millions into key state races.
Oregon is currently one of roughly a dozen states that has no limits on campaign contributions, according to the National Conference of State Legislatures.
Under the bill, starting in 2027, individuals and corporations can only give up to $3,300 to a statewide candidate per election cycle, while political party committees can give up to $30,000. So-called “membership organizations,” such as labor unions and nonprofit advocacy groups, can contribute a total of $26,400 to a statewide candidate per cycle.
Limits would be lower for non-statewide candidates running in legislative, district attorney or circuit court judge races. Political parties and “membership organizations” could donate up to $15,000 and $13,200, respectively, to such candidates. The $3,300 limit for individuals and corporations remains the same.
To promote transparency, the bill also directs the secretary of state, starting in 2028, to create an online dashboard that lists the 100 largest contributors to candidates or campaign committees and shows how much money industry groups donate to candidates.
The bill was approved just days before the end of this year’s short 35-day legislative session, passing 22-6 in the state Senate on Thursday and 52-5 in the state House on Wednesday. Introduced by Democratic House Majority Leader Julie Fahey, it won bipartisan backing.
It now heads to Gov. Tina Kotek, who supports the legislation, her office said in an email Thursday after the bill’s final passage.
The measure was the fruit of negotiations between lawmakers and groups calling for campaign finance reform after recent election cycles saw soaring political donations.
In the 2022 gubernatorial race, the billionaire co-founder of Oregon-based Nike, Phil Knight, donated more than $3.7 million to unaffiliated candidate Betsy Johnson and $1.5 million to Republican candidate Christine Drazan. Kotek, a Democrat, was ultimately elected governor.
“We don’t want to live in a world where the Phil Knights and the other big spenders can just spend unlimited money,” Jason Kafoury with Honest Elections Oregon said while testifying in support of the bill. “Phil Knight will have to give $3,300 just like everybody else.”
Kafoury has advocated for campaign finance reform for years and hailed the bill’s passage as a “remarkable accomplishment.” He said Honest Elections Oregon and another group that had been pushing to get the issue on the November ballot will drop their petitions if the governor signs it.
Some lawmakers expressed concern that contribution limits would make it harder for candidates to afford their campaigns. While she voted in favor of the bill, Democratic state Sen. Elizabeth Steiner questioned “how limiting how much money goes into elections is going to change how much advertisers and printers and the post office charge us to actually get our messages out there.”
Senate GOP Minority Leader Tim Knopp was among the Republicans who voted for the bill.
“It is a little bit confusing and it’s going to take time for everyone to get used to it. But nonetheless it is I think a step forward that Oregonians support,” he said on the Senate floor.
The bill would align Oregon with federal campaign contribution limits for candidates. Under federal law, individuals can donate up to $3,300 to federal candidates per election, although the amount of money they can give to political action committees known as Super PACs has no cap.
veryGood! (3997)
Related
- Questlove charts 50 years of SNL musical hits (and misses)
- 16,000 people with disabilities are in state-operated institutions. This is how experts say health care should change.
- Melissa McCarthy Responds to Barbra Streisand Asking Her About Using Ozempic
- Marjorie Taylor Greene threatens vote on ousting Mike Johnson after Democrats say they'll block it
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Will Jake Shane Be a Godparent to BFF Sofia Richie's Baby? He Says...
- Barbra Streisand Shamelessly Asks Melissa McCarthy About Ozempic Use
- Two giant pandas headed to San Diego Zoo: Get to know Xin Bao, Yun Chuan
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- Arkansas’ elimination of ‘X’ for sex on driver’s licenses spurs lawsuit
Ranking
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Katy Perry Has a Message for Concerned Fans After Debuting New Wig
- What's next for boxer Ryan Garcia? Tantalizing options exist after win over Devin Haney
- Mississippi lawmakers quietly kill bills to restrict legal recognition of transgender people
- Retirement planning: 3 crucial moves everyone should make before 2025
- The Georgia Supreme Court has thrown out an indictment charging an ex-police chief with misconduct
- Two giant pandas headed to San Diego Zoo: Get to know Xin Bao, Yun Chuan
- Hope for new Israel-Hamas cease-fire piles pressure on Netanyahu as Gaza war nears 7-month mark
Recommendation
Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
New Jersey seeks fourth round of offshore wind farm proposals as foes push back
Mazda’s American EV was a flop. Could these Chinese Mazdas be more popular?
The Georgia Supreme Court has thrown out an indictment charging an ex-police chief with misconduct
The White House is cracking down on overdraft fees
Lincoln’s Civil War order to block Confederate ports donated to Illinois by governor and first lady
The Government Is Officially Reintroducing Grizzly Bears in the North Cascades. What Happens Now?
Missouri Supreme Court strikes down 2022 vote on KC police funding, citing faulty fiscal note