New Oregon campaign finance law limits donor influence

Eric Tegethoff, Oregon News Service

PORTLAND, Ore. (KTVZ) -- Oregon lawmakers recently took a step toward limiting the impact of money on elections during the legislative session.

They passed House Bill 2024, a campaign finance reform package that limits the amount single donors can contribute to campaigns. Limits haven't existed in the state since the 1970s.

Contributions will be capped at $3,300 - per candidate, per election.

House Speaker state Rep. Julie Fahey (D-Eugene) championed the bill.

In her first campaign for office, she faced candidates funded by large donations from wealthy donors - and said the experience inspired her to change the law.

"It really was that first challenging election cycle that cemented in my mind how important it was that we reform our campaign finance system," said Fahey, "in part because we need to make running for office more accessible to brand new candidates like I was."

Oregon voters have shown they're ready for limits on campaign contributions. They wrote them into the the state Constitution in 2020.

This year, Honest Elections and the League of Women Voters had collected nearly enough signatures for a measure to put campaign finance reform on the November ballot.

Fahey noted that the bill doesn't just limit contributions.

"We also created new kinds of small-donor PACs and membership organization PACs," said Fahey, "that will make sure that we can incentivize the kind of pro-democracy campaigning that we really want to see more of."

Common Cause Oregon Director Kate Titus said these changes have taken effort from a lot of people over a long period time.

"It's such a complex issue, campaign finance reform," said Titus, "and it's one of the toughest ones to fight, because it gets at the heart of power in politics. Anyone who gains power through money has the power to resist."

The new campaign finance laws go into effect in 2027.