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Sen. Raybould proposes $1,000 cap on outside contributions to candidate committees
Summary
LB672 would limit outside contributions to a candidate committee to $1,000 during the election period, with required return and reporting of amounts over the cap; testimony split between supporters who said limits curb outsized influence and opponents who warned of constitutional and practical problems.
Senator Jane Raybould introduced LB672 to limit contributions to a candidate committee to $1,000 during the election period. Under the bill language presented, if a candidate committee receives more than $1,000 from any source during that election period, the committee must return the excess within 10 days and report the transaction on campaign statements.
Raybould said the universal cap would apply to individuals, corporations and PACs but would not limit a candidate’s personal funds contributed to their own campaign. “The thought is you depress the cost and you don't have this tremendous escalation to keep going out and getting more funds,” she said, framing the bill as…
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