May 18, 2013

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Sponsor takes campaign finance bill off notice

NASHVILLE, Tenn. (AP) -- A bill seeking to lift a cap on contributions from political action committees has been withdrawn in the House.

The bill sponsored by Republican Rep. Glen Casada of Franklin was taken off notice in the House State and Local Government Committee on Tuesday without explanation.

State law limits legislative candidates to accepting no more than $107,200 per primary or general election. Gubernatorial candidates can accept no more than 50 percent of their campaign funds from PACs.

Casada's bill also sought to do away with a prohibition on political giving from insurance companies.

A more limited version passed the Senate on an 18-11 vote last month.


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