Today, Rep. Ben Ray Luján voted for the DISCLOSE Act, which will close loopholes created by a recent Supreme Court decision that allowed special interest groups, corporations and foreign entities to provide unrestricted campaign donations. The legislation passed the House of Representatives by a vote of 219 to 206.
"Special interest groups seeking to influence elections must be accountable to the American people," said Rep. Luján. "This legislation increases transparency, improves accountability, and makes sure that elections are not subject to the influence of foreign entities."
This DISCLOSE Act:
* Prevents U.S. corporations controlled by foreign entities from influencing U.S. elections
* Exposes special interest groups and corporations behind last minute attack ads and other election ads-requiring their CEOs to stand by their ads
* Prevents large government contractors and TARP recipients from making political expenditures
* Gives shareholders, organization members, and the public the right to know about corporate and interest group campaign expenditures