Telecommunications Alert: Supreme Court Case Allows Corporate Political Advertising, but Some Restrictions Remain; Disclosure Requirements Also Apply

more+
less-

In a landmark 5-4 decision, the Supreme Court overturned a federal ban on corporate and union spending on political advertisements. The Citizens United v. FEC case allows corporations and labor unions to use unlimited general treasury funds to directly support or oppose candidates for federal office. Until now, corporations and unions could only spend political money through their Political Action Committees (PACs) to fund issue ads (“Call Senator Jones to support the stimulus package.”). The Court’s decision does not eliminate all restrictions on corporate political spending, however, and it specifically upholds disclosure requirements in connection with the political expenditures it did authorize. Corporations considering such expenditures must continue to be mindful of these restrictions and requirements.

Please see full alert for more information.

LOADING PDF: If there are any problems, click here to download the file.

Published In: General Business Updates, Communications & Media Updates, Constitutional Law Updates, Elections & Politics Updates, Labor & Employment Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Mintz Levin | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »