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Bill > SB688
VA SB688
VA SB688Campaign finance; establishes campaign contribution limits, contingency, effective clause.
summary
Introduced
01/14/2026
01/14/2026
In Committee
02/27/2026
02/27/2026
Crossed Over
03/04/2026
03/04/2026
Passed
Dead
Introduced Session
Potential new amendment
2026 Regular Regular Session
Bill Summary
Campaign finance; campaign contribution and expenditure limits; contingency. Establishes campaign contribution and expenditure limits for all persons and committees in the Commonwealth. The effectiveness of the provisions of the bill is contingent on certification by the Attorney General to the Code Commission that any such provision is reasonably probable to be upheld as constitutional due to (i) an opinion by the Supreme Court; (ii) The adoption of an amendment to the U.S. Constitution; or (iii) any other reason, to be specified in the certification. The bill also states that in the opinion of the General Assembly, the Supreme Court's decisions in Citizens United v. FEC, 558 US. 310 (2010), McCutcheon v FEC, 572 U.S. 185 (2014), and other related campaign finance cases were wrongly decided, that such decisions undermine the integrity of Virginia's democratic process by preventing reasonable limits on campaign contributions and expenditures, and that contribution and expenditure limits will enhance public trust in Virginia's electoral system, facilitate greater transparency, and ensure that elected officials remain accountable to all Virginians. The provisions of the bill establishing expenditure limits for candidates do not become effective unless reenacted by the 2027 Session of the General Assembly.
AI Summary
This bill, concerning campaign finance, establishes limits on campaign contributions and expenditures for all individuals and committees in Virginia, reflecting the General Assembly's opinion that Supreme Court decisions like *Citizens United v. FEC* and *McCutcheon v. FEC* have wrongly undermined the state's democratic process by preventing reasonable limits on such contributions and expenditures. The bill's effectiveness is contingent on the Attorney General certifying that its provisions are likely to be upheld as constitutional, possibly through a Supreme Court opinion, a U.S. Constitutional amendment, or other specified reasons. The bill argues that these limits will enhance public trust, promote transparency, and ensure elected officials are accountable to all Virginians, though provisions related to expenditure limits for candidates will only become effective if reenacted by the 2027 General Assembly.
Committee Categories
Government Affairs
Sponsors (3)
Last Action
House substitute rejected by Senate (0-Y 40-N 0-A) (on 03/09/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://lis.virginia.gov/bill-details/20261/SB688 |
| BillText | https://lis.virginia.gov/bill-details/20261/SB688/text/SB688HC1 |
| BillText | https://lis.virginia.gov/bill-details/20261/SB688/text/SB688H1 |
| Fiscal Note/Analysis - Fiscal Impact Statement from Department of Planning and Budget (SB688) | https://lis.blob.core.windows.net/files/1168618.PDF |
| BillText | https://lis.virginia.gov/bill-details/20261/SB688/text/SB688S1 |
| Privileges and Elections Amendment | https://lis.virginia.gov/bill-details/20261/SB688/text/SB688AS1 |
| Privileges and Elections Amendment | https://lis.virginia.gov/bill-details/20261/SB688/text/SB688ASC1 |
| Fiscal Note/Analysis - Fiscal Impact Statement from Department of Planning and Budget (SB688) | https://lis.blob.core.windows.net/files/1114795.PDF |
| BillText | https://lis.virginia.gov/bill-details/20261/SB688/text/SB688 |
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