The Virginia Statehouse on the eve of the 2020 legislation session in Richmond, VA. A Virginia legislative panel formed to study campaign finance reform failed to deliver its final report on Wednesday in yet another setback for advocates who say the cost of elections in the commonwealth is untenable. Virginia’s rules governing election spending are among the least restrictive in the country, with virtually no limits on the amount of money individuals and corporations can donate to state politicians. The General Assembly created the subcommittee almost two years ago to review potential reforms, including limits on political donations and new disclosure requirements. The panel was initially scheduled to complete its work in 2021, but state lawmakers granted it a 12-month extension early last year citing delays caused by the COVID-19 pandemic. The subcommittee was due to release a final report of its findings and recommendations at the start of the 2023 legislative session on Jan. 11. That deadline has now come and gone. While the subcommittee did issue a draft report in October 2021, it never held a vote, as required by law, to formalize the recommendations. It then went through 2022 without holding a single meeting. Neither state […]