March 4, 2015 •
New Mexico Bill Would End Contribution Limits
Senate Majority Leader Michael Sanchez (D) is sponsoring a bill to eliminate the state’s campaign contribution limits. Senate Bill 689 repeals the 2009 law enacting the first-ever limits on how much candidates and committees can raise per election.
Sanchez believes the limits encourage big donors to funnel money to independent expenditure committees, resulting in less transparency.
The bill is currently pending in the Senate Rules Committee.
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