Watchdogs: New Montana law restricting foreign money in elections insufficient
- Montana passed a law in 2025 banning non-U.S. Citizens from contributing to ballot measure campaigns, becoming the sixth state to do so this year.
- The legislation was introduced during a period of increasing state restrictions on foreign funding, but it allows U.S.-headquartered firms with international investors to be exempt if they fulfill state tax obligations and rely solely on funds generated domestically.
- Watchdog groups say Montana's law fails to prevent American advocacy groups, like the Sixteen Thirty Fund, from using foreign funds via intermediaries to influence ballot measures.
- Since 2016, Swiss billionaire Hansjörg Wyss has contributed no less than $280 million to the Sixteen Thirty Fund, which has invested over $3 million in Montana ballot measures and more than $130 million on initiatives across the U.S. Over the last ten years.
- Critics including Jason Snead and Kristen Christensen argue the law’s loopholes risk foreign adversaries like Russia and China exploiting Montana’s elections, urging stronger protections and a veto by Governor Gianforte.
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Watchdogs: New Montana law restricting foreign money in elections insufficient
(The Center Square) – Montana recently became the sixth state this year to pass a ban on foreign spending on ballot measures. Watchdog organizations, however, say the state’s new law is inadequate.
·Calhoun, United States
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