ORMD supports Campaign Finance Reform. We endorse CleanSlateNowAction‘s initiative to reform campaign finance in Aurora, Colorado.
Aurora is a great case study. Often cited as the “Wild West” of campaign finance, contributions are virtually unregulated. There are no limits on the size of contributions, with candidates receiving as much as $25,000 in a single corporate contribution during the 2019 election cycle — roughly 25 times the maximum allowed for any state office in Colorado. Virtually no entity is excluded from donating, with corporations lining up to bankroll campaigns.
Here are a few of the highlights of the proposed reforms for Aurora elections for Mayor and City Council:
- Establishing contribution limits, with a maximum aggregate contribution to fall between $200 and $800, as opposed to the currently unlimited contributions;
- A ban on corporations and other entities, prohibiting them from contributing directly to candidates (includes closing the LLC loophole);
- The creation of Small Donor Committees to facilitate individual contributions maxed out at $50 a year;
- A more effective penalty system, adding real teeth that can ultimately include fines double the amount of an illegal contribution and potential imprisonment;
- Additional and more detailed reporting requirements in order to create transparency and disclose dark money sources.
- A publicly financed elections component that would empower individual small-dollar donors and might potentially be funded by a “dark money tax.”
What: A forum on campaign finance reform in Aurora, Colorado, and communities around the country
When: Wednesday, July 8th from 6:30 – 7:30 p.m.
Where: Please click here to register for the Zoom webinar.