Colo. Senate Passes Pay-To-Play Bill

Albanese, Elizabeth
May 2004
Bond Buyer;5/4/2004, Vol. 348 Issue 31876, p1
Trade Publication
Reports on the approval of the Colorado Senate on a measure aimed at reducing pay-to-play in the municipal bond market by mandating competitive bond sales for issuers that solocit campaign contribution for bond and tax elections from bond market professsionals. Comments of Senate President John Andrews on the legal basis of the bill; Concern of free speech advocates on the provision of the bill which they claim would constitute a violation of a party's First Amendment rights; Stand of opposition legislators on the bill.


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