Two House Republicans have signed on to co-sponsor a bill by Democratic Rep. Chris Van Hollen (D-Md.) that would limit the recent Supreme Court decision allowing unlimited campaign spending by corporations.
Reps. Mike Castle of Delaware and Walter Jones of North Carolina will join Van Hollen (pictured) in introducing the bill Thursday, Politico
A companion bill drafted by Democrats in the Senate will be unveiled Thursday at the Supreme Court.
The White House supports the legislation.
The bill would restrict the types of companies that could air campaign ads and require those that did to disclose precisely how much they spent, according to Politico.
Van Hollen has said he hopes to pass the bill in time to limit campaign ad spending in this year's election.
In January the Supreme Court gave corporate entities free speech rights tantamount to those enjoyed by individual citizens. That ruling lifted limits on corporations' right to spend on political campaigns.
Tagged: campaign finance
, Chris Van Hollen
, Daily Guidance
, Mike Castle
, supreme court
, Walter Jones
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