YEO Policy Books 2014 Policy Book | Page 91

Campaign Finance Disclosures Issue: Expanding Democracy Target Level of Office: State Policy Origin: North Carolina State Legislature Poilcy/Bill Number: House Bill 653 Link: www.YEONetwork.org/2013policy/?i=257 YEO Co-Sponsors: Reps. Marcus Brandon and Nathan Baskerville Summary Narrative of the Policy: This bill would provide for a shareholder vote on corporate independent expenditures and electioneering communications from any corporation incorporated in North Carolina. Relevant Talking Points & Important Information: • The Citizens United decision opened the door to an unfettered, unregulated influx of money into elections from corporations. A first step in addressing the problems the decision created is disclosure mechanisms like ens W&