Senate Prepares To Take Up Campaign Finance Bill

Law360, New York (June 25, 2010, 1:54 PM EDT) -- The U.S. Senate is gearing up to tackle legislation that would counter the U.S. Supreme Court's recent Citizens United ruling and impose strict new limits and disclosure rules on corporate spending in federal elections, in hopes of finalizing a bill before the 2010 midterm elections this fall.

H.R. 5175, the Democracy is Strengthened by Casting Light on Spending in Elections (DISCLOSE) Act, introduced by Rep. Chris Van Hollen, D-Md., squeaked through the U.S. House of Representatives on Thursday by a vote of 219-206.

It's now before...
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