This report analyzes the effects of the Citizens Clean Elections Act after its first election cycle to determine its impact on the competitiveness of legislative races in 2000. The report also explores whether accepting public subsidies caused legislators to vote differently from legislators who continued to accept private support. Finally, this report comments on the concerns that are raised by an expansion of campaign finance regulation and subsidies like the Clean Elections Act.  The author concludes that given the program’s negligible impact, its cost, and its infringement of First Amendment rights, the Clean Elections system should be repealed.