A deal reached Monday will short-circuit an attempt to get voters to scrap public financing of elections.
The 1998 law allows but does not require candidates to get public funds if they agree not to take outside cash. Foes, including business interests, have been unhappy with the plan for years. And they had the votes lined up at the Legislature to ask voters to effectively repeal the law. Sen. John McComish said the deal allows the system to remain in place, but with some new restrictions on how it spends money on public relations.
A 2010 United States Supreme Court ruling says corporations have the right to spend as much as they want supporting or opposing any candidate as long as they do that independent of the candidate's campaign. Secretary of State Ken Bennett said some corporations suddenly popped up last year during the Phoenix mayoral race and the Russell Pearce recall claiming that they did not have to disclose the SOURCE of their funds.