When it comes to campaigning, a lot of money is shelled out in the race to win. But one of the amendments that you'll be voting on November 5th could put limits on campaign finance.
Amendment 27 surrounds the issue of campaign finance on the state level. It is designed to reduce the amount of money individuals, political committees and political parties can contribute to candidates and political organizations.
The amendment would require those who make a $100 or more contribution to a campaign to report their occupation and employer.
Those in support of 27 say the measure would eliminate the influence of special interest groups and large corporations on elections, and it would give voters a better idea of who is financing political campaigns.
Those against 27 say campaign finance has failed in the past and big money donors always find loopholes that allow them to finance campaigns anyway. They also say lowering contribution limits forces candidates to spend more time fundraising instead of talking about important issues.
Campaign finance is regulated by federal law for candidates in federal races. Colorado law regulates campaign finance for state and local candidates and that's where amendment 27 comes in.
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