Shumlin signs campaign finance bill into law - WCAX.COM Local Vermont News, Weather and Sports-

Shumlin signs campaign finance bill into law

Posted: Updated:

MONTPELIER, Vt. (AP) - Vermont Gov. Peter Shumlin has signed the first new campaign finance law the state has had since a previous attempt to limit money in politics was struck down by the U.S. Supreme Court in 2006.

Friday's action follows House and Senate approval of a bill that critics labeled a retreat from real reform, but which a key backer called a baseline for further changes.

The measure calls for a $1,000 limit on contributions to state House or local municipal candidates; $1,500 for those running for the Senate or in other countywide races; and $4,000 for those running for statewide office.

Critics zeroed in on a sharp increase in how much individuals, corporations and political committees can contribute to political parties. The new law sets that limit at $10,000.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WCAX. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.