Political Reform Act of 1974: candidate controlled committees: campaign statements.
Vote required
Two Thirds
Fiscal committee
No
Appropriation
No
Current location
Enrolled
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Assembly
- Passed Senate
- To Governor
- Became Law
Overview
This bill amends the Political Reform Act of 1974 to require candidate-controlled committees to report additional information on their campaign statements under specific circumstances. Specifically, if a candidate won’t appear on the ballot in the next election and the committee makes significant expenditures to a single person, the statement must include the person’s full name and address, the amount of each expenditure, and a description of the consideration for that expenditure. This aims to increase transparency in campaign finance reporting.
Key provisions
- Candidate-controlled committees must report additional information on their campaign statements.
- Reporting is triggered if a candidate won’t appear on the ballot in the next election.
- The committee must report expenditures to a single person exceeding $20,000.
- The report must include the full name and street address of the recipient of the expenditures.
- The report must include the amount of each expenditure.
- The report must include a description of the consideration for each expenditure.
- The bill declares that it furthers the purposes of the Political Reform Act of 1974.
- The bill specifies that no reimbursement is required for local agencies or school districts due to the creation of a new crime.
Who is affected
- Candidates for elective office
- Candidate-controlled committees
- Political parties
Bill text
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Sponsors
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1 on record
Primary sponsor
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