The First Amendment prohibits the government from restricting corporate independent expenditures related to ballot initiatives based on the corporate identity of the speaker.

E1270346 UNEXPLORED

This entity is a constitutional law principle, established in First National Bank of Boston v. Bellotti, recognizing that corporations have First Amendment protection to spend independently on ballot initiatives regardless of their corporate status.

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First National Bank of Boston v. Bellotti holding The First Amendment prohibits the government from restricting corporate independent expenditures related to ballot initiatives based on the corporate identity of the speaker.