On Jan. 21, 2010, the Supreme Court handed down its opinion in Citizens United v. Federal Election Commission. Since then, congressional critics of the Court’s broad holding have promised a legislative “fix.” These Members believe that the decision to recognize constitutional protection for corporate (and labor) independent expenditures in federal elections will have a pernicious effect on American politics. Accordingly, on April 29, 2010, Senator Charles Schumer and Representative Chris Van Hollen introduced the “DISCLOSE Act.”
The DISCLOSE Act contains two main features. First, it requires corporations to include certain notices in their expenditures and file additional disclosure reports. Second, the DISCLOSE Act identifies certain types of corporations that would not be permitted to make independent expenditures.Leaders in both the Senate and the House have promised expedited consideration of this legislation. The sponsors intend for it to enter into effect for much of the 2010 election cycle.