DISCLOSE Act : The House of Representatives Passes Major Campaign Finance Legislation
Category U.S. | Friday, June 25th, 2010The House of Representatives passed major reforms to campaign finance law on Thursday following a heated debate over whether an exemption granted for the National Rifle Association had sullied the final product.
The final vote was 219 to 206 in favor of the DISCLOSE Act, with only two Republicans — Rep. Mike Castle (R-Del.) and Joseph Cao (R-La.) — crossing party lines. The bill would provide tough new disclosure rules for groups that invest in the election process.