According to a media advisory I received (see below), Senator Schumer and others will announce the legislative response to Citizens United on the Supreme Court grounds tomorrow morning at 10 a.m. A House-side event is scheduled for the afternoon. I won’t be able to attend but I look forward to reading the long-awaited bill.
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*** MEDIA ADVISORY ***
Thursday at 10 am: SCHUMER, FEINGOLD, WYDEN, BAYH TO UNVEIL SENATE BILL THAT CONFRONTS SUPREME COURT RULING ALLOWING UNLIMITED POLITICAL SPENDING BY SPECIAL INTERESTS—WILL ANNOUNCE PLAN TO PASS MEASURE BY JULY 4
Senators Have Worked With House Lawmakers, Led By Rep. Van Hollen, To Craft Bicameral Legislation
Bill Would Ban Foreign-Controlled Corporations, Government Contractors from Making Political Expenditures; Also Require Company CEOs To Appear On Camera In Any Ads Paid For With Special-Interest Funds
WASHINGTON, DC—U.S. Senators Charles E. Schumer (D-NY), Russ Feingold (D-WI), Ron Wyden (D-OR) and Evan Bayh (D-IN) will hold a news conference TOMORROW, April 29, 2010, at 10 a.m. in front of the U.S. Supreme Court to unveil legislation to mitigate the negative impacts of the Court’s decision that allowed unlimited spending on elections by special interests. The lawmakers will announce plans to pass the measure in the U.S. Senate by July 4 of this year.
The Court, in its ruling in the Citizens United case in January, overturned a decades-old law banning political expenditures by corporate interests. The Senate legislation to be introduced Thursday would partly restore those limits – by barring foreign-controlled corporations, government contractors, and TARP recipients from making political expenditures – and also require corporations, unions, and other organizations that make political expenditures to disclose their donors and stand by their ads.
The senators have spent the last several months crafting the bill alongside their counterparts in the U.S. House, led by U.S. Rep. Chris Van Hollen (D-MD).
WHAT: Senators Schumer, Feingold, Wyden, Bayh Unveil ‘Citizens United’ Legislation; Will Announce Plans To Pass Bill By July 4
DATE: Thursday, April 29, 2010
TIME: 10:00AM
PLACE: Plaza in front of U.S. Supreme Court Building
One 1st Street NE