St. Louis Post-Dispatch: "Opponents say the campaign limits initiative financed by Clayton businessman Fred Sauer unfairly limits some classes of businesses and associations from giving money to campaigns.
"In particular, Hatfield said some classifications of banks and member-owned organizations such as the Association of Missouri Electrical Cooperatives would be barred from contributing to their own political action committee."
"The initiative will ask voters in November whether they want to limit contributions to individual candidates to $2,600 and limit contributions to a political party to $25,000."
"The referendum attempts to ban the current practice of funneling money through different committees to hide the source of the contributions. It prohibits contributions by foreign interests and companies not legally authorized to conduct business in Missouri.
"Sauer, a Republican, ran unsuccessfully for governor in 2012. This is his third attempt to put the referendum before voters. It comes in an election season in which mega donors like retired St. Louis financier Rex Sinquefield and Joplin building materials magnate David Humphreys donated millions of dollars to candidates."