Measure 47
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Revises campaign finance laws: Limits or prohibits contributions and expenditures; adds disclosure, new reporting requirements.
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Oregon Ballot Measure 47 would have limited or prohibited certain political campaign contributions and expenditures. The measure would have applied to all elections for state and local offices but not to ballot measures or candidates for federal offices.
Current law requires reporting of certain contributions and expenditures, but does not limit contributors, contributions to, or expenditures for public office candidates. Measure limits individual contributions to candidates, political committees, "small donor committees," political parties, with annual cap for all contributions; limits political committee, political party contributions to candidates and each other; allows unlimited contributions by "small donor committees" (accepting only individual contributions not exceeding $50 annually). Prohibits corporate, union, organizational contributions and expenditures except through political committees funded solely by individuals. Prohibits candidate loans. Limits: candidate's spending to own candidacy; "independent expenditures" (defined) by individuals, political entities, organizations. Establishes: new disclosure, reporting requirements; procedure for increasing measure's limits to comply with state and federal constitutions. Unspent candidate funds revert to state. Other provisions.
Read more about this topic: Oregon Ballot Measures 46 And 47 (2006)
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