In the wake of the corruption scandal involving former Governor Rod Blagojevich, Illinois adopted its first-ever limits on campaign contributions. Individuals could give candidates up to $5,000 per election, and corporations could give candidates up to $10,000. At a signing ceremony for the bill, held on the one-year anniversary of Blagojevich’s arrest, Governor Pat Quinn
Citizens United
A Look Into the 2012 Proxy Season: Lobbying Disclosure Shareholder Resolutions
By Lawrence H. Norton on
As a result of Citizens United and other cases decided in its wake, corporations and unions are now permitted to spend their own funds on ads advocating or opposing candidates, and other types of electoral communications. These court decisions, however, have not deterred critics from seeking ways of discouraging corporate political spending, primarily by compelling…