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In '''First National Bank of Boston v. Bellotti''' (1978), a 5-4 decision of the [[U.S. Supreme Court]] held that corporations have a [[First Amendment]] right to spend money for or against [[referendum|referenda]], which do not relate directly to the corporation's business, in elections.
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In '''''First National Bank of Boston v. Bellotti''''' (1978), a 5-4 decision of the [[U.S. Supreme Court]] held that corporations have a [[First Amendment]] right to spend money for or against [[referendum|referenda]], which do not relate directly to the corporation's business, in elections.
    
This decision is considered a precursor to the 5-4 decision in January 2010 that expanded the [[free speech]] rights of corporations to make independent expenditures for or against the election of a candidate in ''[[Citizens United]]''.
 
This decision is considered a precursor to the 5-4 decision in January 2010 that expanded the [[free speech]] rights of corporations to make independent expenditures for or against the election of a candidate in ''[[Citizens United]]''.
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