The Political Reform Act of 1974: late filing of reports.
Vote required
Two Thirds
Fiscal committee
No
Appropriation
No
Current location
Chaptered
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed Assembly
- To Governor
- Became Law
Overview
This bill amends California’s Political Reform Act of 1974 to change how late filing penalties are applied. It limits the liability for late filing of original statements of economic interest to $100, regardless of the amount reported. For other original statements or reports, liability is capped at the total amount reported or $100, whichever is greater. The bill also removes a $10 daily penalty for late copies of reports and eliminates an exception to liability for candidates who fail to file statements within 30 days of a notice.
Key provisions
- Limits liability for late filing of original statements of economic interest to $100.
- Caps liability for other original statements or reports at the total amount reported or $100.
- Removes the $10 daily penalty for late copies of statements.
- Eliminates the exception to liability for late filing of candidate statements.
- Clarifies that liability is to the filing officer.
- Specifies where funds collected from late filing penalties are deposited.
Who is affected
- Individuals and organizations required to file campaign finance reports under the Political Reform Act.
- Filing officers responsible for processing and enforcing these reports.
- Political campaigns and committees.
Notable changes
- Reduces the maximum liability for late filing of economic interest statements from $100 to $100.
Bill text
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Sponsors
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1 on record
Primary sponsor
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