Northwest Arkansas Democrat-Gazette (via How Appealing):

A panel of federal appellate judges agreed Monday that a campaign contribution blackout law that has been in place in Arkansas since 1996 is probably unconstitutional.

The panel upheld a preliminary injunction that U.S. District Judge James Moody Jr. imposed June 17 to prohibit Arkansas Code Annotated 7-6-203(e) from being enforced while its constitutionality is determined.