OLYMPIA — The U.S. Supreme Court’s landmark campaign finance decision might not have much effect in Washington state.
Under state law, there’s no prohibition on corporate or union contributions, according to the state Public Disclosure Commission. Any spending from general treasury funds has to be reported when a political committee is formed.
But the PDC is still reviewing a portion of the ruling that overturned a ban on union- and corporate-paid independent campaign ads in the closing days of election campaigns.
Washington state has a disclosure requirement on ads that air near an election, and PDC Assistant Director Doug Ellis says the agency isn’t yet sure how that could affect Washington’s rule.
sponsored Jargon is confusing, by definition. And the financial world has its own set of cryptic words.