Local 8 Now - Political - Headlines

Sponsor takes campaign finance bill off notice

Posted: Tue 6:32 PM, Apr 10, 2012

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 (AP) -- A bill seeking to lift a cap on contributions from political action committees has been withdrawn in the House.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


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus

WVLT VOLUNTEER TV

6450 Papermill Drive Knoxville, TN 37919 (865) 450-8888 - Phone (865) 450-8869 - Fax
Gray Television, Inc. - Copyright © 2002-2013 - Designed by Gray Digital Media - Powered by Clickability
User Agent: CCBot/2.0 - 146901375