A nightmare is faced by candidates/races that have received unlimited contributions to date: They will either have to return the excess over previous limits (this could be 10's of thousands of dollars per candidate), or challengers and/or candidates that have not yet begun their fundraising program will be at a distinct disadvantage having to now raise funds under the new restrictions (while their opponent had no restrictions at all).
Since political party committees could donate 10X more to candidates than could individuals, PACs or corporations; a significant amount of money was run through party committees, leaving an unclear "money line". The new law (now struck down) was designed to provide transparency by, although removing restrictions, requiring full disclosure of who is giving and how much.
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It's much more than 10s of thousands per candidate. In the governor's race alone, both Matt Blunt and Jay Nixon have received contributions of $100,000-plus from individuals. Together they raised $2.6 million in the last quarter.
How do they ever hope to go back to the $1,275 limit for the guv's race?
You're right. A nightmare.
“That the two provisions were inseparably connected and dependent upon each other is conclusively proven by the fact that the Senate amendment to decouple the provisions failed,” the Supreme Court said Thursday in an opinion written by Judge Stephen N. Limbaugh Jr.
Has to be a Rush relative!! His family has been involved in the legal profession in Missouri.