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The Tillman Act of 1907 (34 Stat. 864) was … The Tillman Act of 1907 (34 Stat. 864) was the first campaign finance law in the United States. The Act prohibited monetary contributions to federal candidates by corporations and nationally chartered (interstate) banks. The Act was signed into law by President Theodore Roosevelt on January 26, 1907, and was named for its sponsor, South Carolina Senator Ben Tillman.onsor, South Carolina Senator Ben Tillman.
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An Act to prohibit corporations from making money contributions in connection with political elections.
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Corporate Donations Abolition Act of 1907
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The Tillman Act of 1907 (34 Stat. 864) was … The Tillman Act of 1907 (34 Stat. 864) was the first campaign finance law in the United States. The Act prohibited monetary contributions to federal candidates by corporations and nationally chartered (interstate) banks. The Act was signed into law by President Theodore Roosevelt on January 26, 1907, and was named for its sponsor, South Carolina Senator Ben Tillman.onsor, South Carolina Senator Ben Tillman.
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