PRESS RELEASE
From the Office of State Senator Kel Seliger, District 31

FOR IMMEDIATE RELEASE
May 25, 2013
Contact: Becky Walker, (512) 463-0131

Statement by Senator Seliger on Governor Rick Veto of SB 346

Austin — State Senator Kel Seliger (R-Amarillo) made the following statement Saturday following Governor Perry's veto of SB 346.

"This is a sad day for integrity and transparency in Texas. Governor Perry's veto of SB 346 legalizes money laundering in Texas elections. The Governor's veto is ironic since money laundering is illegal in other endeavors. As other states have stepped forward to ban election money laundering by dark money 501c4 non-profit corporations, it is embarrassing that the Lone Star state is now an official safe haven for political money launderers. Again, the 2010 Supreme Court decision in the Citizens United vs FEC case clearly stated that disclosure of contributions was critical to the right of corporations to participate in our system of democracy. The Court said: "The First Amendment protects political speech; and disclosure permits citizens and shareholders to react to the speech of corporate entities in a proper way. This transparency enables the electorate to make informed decisions and gives proper weight to different speakers and messages."

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