Democratic Congressmen John Yarmuth (Ky.), John Sarbanes (Md.), and David Price (N.C.) each introduced public financing legislation last night. Congressman John Larson, chair of the Caucus' DARE Task Force on campaign finance and electoral reform issues, will work with the members to develop a bill that combines the best parts of all three. Rep. Yarmuth is taking over for Rep. Larson on the Fair Elections Now Act (HR 269), legislation Public Campaign has endorsed since its House introduction in 2009.

Fair Elections was introduced with 52 cosponsors, the most original co-sponsors to date. The more recently-developed HR 268, the Grassroots Democracy Act (Sarbanes), and HR 270, the Empowering Citizens Act (Price), have 33 and 12 cosponsors, respectively. The three will issue a joint statement today about the effort.

In the lead up to the bill introductions, Public Campaign Action Fund sent out a petition calling on lawmakers on Capitol Hill to co-sponsor the Fair Elections Now Act. So far, over 1900 people have urged their representatives to do so. You can take the action here.