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House to consider elimination of cap on corporate contributions

AL.com reports:
A bill before the Alabama House of Representatives today seeks to repeal the state?s $500 limit on corporate campaign contributions to candidates.

The chairman of the House Ethics and Campaign Finance Committee said Wednesday that it was time to do away with the "pretend" cap since corporations have been allowed to legally skirt the limits for decades by routing money through large numbers of political action committees.

"It?s stupid. It's just stupid. The $500 corporate contribution cap is a pretend cap," Rep. Mike Ball, R-Madison, said.

Senate Bill 445, which makes many changes to campaign finance law, is expected to come before the House today. The House Ethics and Campaign Finance Committee approved a substitute bill that included a repeal of the cap.-- Read the whole story --> Bill before House today repeal state limit on corporate campaign contributions; Lawmaker says it's a 'pretend' cap | al.com

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