May 17, 2011 •
Another Victory for Minnesota’s Corporate Campaign Finance Disclosure Law
The 8th Circuit Court of Appeals has affirmed a decision of the District Court which upheld a new Minnesota law that revealed political donations from several corporations. The law was enacted in May of 2010 after the U.S. Supreme Court ruling in Citizens United freed businesses to spend corporate money on elections, overturning restrictions on corporate political spending in about half the states, including Minnesota. Minnesota lawmakers responded by enacting disclosure requirements to publicize corporate campaign spending.
In affirming the decision, the 8th Circuit Court of Appeals disagreed with claims that Minnesota’s disclosure requirements effectively prohibit corporate independent expenditures and impose burdensome regulations that inhibit free speech. The Court continued that Minnesota’s regulations are similar to laws upheld by the Supreme Court and the regulations on corporate independent expenditures are less burdensome than federal regulations on PACs.
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