The bill S.158, introduced by Senator Lyons, aims to impose contribution limits on independent expenditure-only political committees in Vermont. Specifically, it proposes that these committees may not accept contributions exceeding $5,000 from any single source, political committee, or political party. This measure is intended to address concerns about the influence of large financial contributions on elections, particularly in light of the U.S. Supreme Court's ruling in Citizens United v. Federal Election Commission, which removed restrictions on independent political spending. The bill emphasizes the state's interest in limiting corruption and ensuring that the political process remains representative of the people's will.

In addition to the new contribution limits for independent expenditure-only political committees, the bill also amends existing definitions and provisions related to campaign finance. Notably, it updates the definition of "contribution" to clarify that it does not include certain types of financial support, such as personal loans from lending institutions or volunteer services. The bill is set to take effect on January 1, 2026, allowing time for the necessary adjustments to be made within the state's campaign finance framework.

Statutes affected:
As Introduced: 17-2901, 17-2941