NABPAC has been an active participant in campaign finance debates since 1977. Over more than four decades, we have supported efforts to provide for greater transparency and change enforcement of a responsible regulatory structure. We have fought for the continued role of political action committees (PACs) in the campaign finance system, have helped our members interpret and comply with an array of regulations, and have made it clear that no American citizen should be restricted from making voluntary contributions to any political entity. Unfortunately, NABPAC believes that four decades of “reform,” complex legal decisions and contradictory regulatory rulemakings have created a patchwork funding system that is out-of-sync with the high costs of running for public office. This situation has accelerated since passage of the landmark Bipartisan Campaign Reform Act of 2002 (“BCRA”) and the emergence of so-called independent expenditure “Super PACs” following the 2010 Citizens United court decision.
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