BOSTON (WWLP) – They’re called political action committees. Their key role is to raise large amounts of money for ads, but a bill going through the legislature could force them to disclose all of their financial records.
A 2010 US Supreme Court decision opened the floodgates for big corporations and unions to make unlimited donations to Super PACs, or Political Action Committees.
As we approach the elections, you’ll see more and more political ads on TV, but there’s no way for you to know how much money is being funneled in.
A bill going through the Massachusetts Legislature aims to reveal exactly where those big bucks are coming from.
Representative Aaron Vega of Holyoke told 22News, “We see these Super PACs and we see these commercials and we see ads and we don’t know who’s behind it, and to not know who these people are and to not really understand that they’re not connected to a candidate, I think it actually makes it confusing for voters with all these Super PACs out there.”
The bill would require PACs to list their top five spenders in the ads and reveal funding sources a week before payments are made, with tighter deadlines leading up to primaries.