Amendment 65 proposes amending the Colorado Constitution and Colorado statutes to:
Summary and Analysis
Colorado and federal law currently limit the amount of money that individuals, political action committees, and other organizations may give directly to candidates, campaigns, political parties, and other political groups. Colorado has also established voluntary spending limits that political candidates and campaigns may choose to follow.
However, there are no mandatory limits in state or federal law on how much money campaigns may spend overall. In the past, courts have ruled that limiting contributions to candidates and campaigns is a permissible restriction on money in politics so as to prevent corruption or the appearance of corruption. However, the courts have also ruled that spending money is a form of protected political speech. Therefore, overall spending limits on campaigns are not allowed, and spending by persons and organizations who are independent of political campaigns cannot be restricted.
Changes under Amendment 65. The measure does not directly affect current state or federal campaign finance laws, or create campaign spending limits. Instead, it amends state law to encourage Congress and the state legislature to take steps to amend the U.S. Constitution to allow greater limits on the role of money in state and federal elections. The measure also expresses the intent of voters that state law should establish mandatory campaign spending limits, rather than encourage voluntary spending limits.
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