Public Finance Campaign Bill Picks Up Momentum
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Via – Crain’s Chicago
“A proposal to begin a limited system of public financing of races for state office has quietly picked up some momentum in Springfield. It still faces some big potential roadblocks, but I wouldn’t sell its prospects short at a time when voters perhaps are getting tired of watching millionaires and billionaires snatch top slots.
Last week the Illinois Senate voted 31-23 to approve a bill sponsored by Sen. Daniel Biss, D-Evanston, who also happens to be running for governor.
The measure would authorize appropriating up to $50 million each two-year election cycle to statewide and Legislature candidates who agree to limit their own fundraising and expenditures. Similar measures have been adopted in other states.“
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