Cite as: 558 U. S. ____ (2010)
1
Opinion of the Court
NOTICE: This opinion is subject to formal revision before publication in the
preliminary print of the United States Reports. Readers are requested to
notify the Reporter of Decisions, Supreme Court of the United States, Wash
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SUPREME COURT OF THE UNITED STATES
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No. 08–205
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CITIZENS UNITED, APPELLANT v. FEDERAL
ELECTION COMMISSION
ON APPEAL FROM THE UNITED STATES DISTRICT COURT FOR
THE DISTRICT OF COLUMBIA
[January 21, 2010]
JUSTICE KENNEDY delivered the opinion of the Court.
Federal law prohibits corporations and unions from
using their general treasury funds to make independent
expenditures for speech defined as an “electioneering
communication” or for speech expressly advocating the
election or defeat of a candidate. 2 U. S. C. §441b. Limits
on electioneering communications were upheld in McCon
nell v. Federal Election Comm’n, 540 U. S. 93, 203–209
(2003). The holding of McConnell rested to a large extent
on an earlier case, Austin v. Michigan Chamber of Com
merce, 494 U. S. 652 (1990). Austin had held that political
speech may be banned based on the speaker’s corporate
identity.
In this case we are asked to reconsider Austin and, in
effect, McConnell. It has been noted that “Austin was a
significant departure from ancient First Amendment
principles,” Federal Election Comm’n v. Wisconsin Right to
Life, Inc., 551 U. S. 449, 490 (2007) (WRTL) (SCALIA, J.,
concurring in part and concurring in judgment). We agree
with that conclusion and hold that stare decisis does not
compel the continued acceptance of Austin. The Govern