Senate Bill S.98 mandates campaign finance reporting in local elections

On February 28, 2025, the Vermont State Legislature introduced Senate Bill 98, a significant piece of legislation aimed at enhancing transparency in campaign finance for local elections. This bill seeks to address growing concerns about the influence of money in politics by imposing stricter reporting requirements on candidates, political committees, and parties involved in local elections.

The primary purpose of Senate Bill 98 is to ensure that any candidate for a four-year county office who rolls over surplus campaign funds or engages in significant financial activities—specifically, expenditures or contributions of $500 or more—must file detailed campaign finance reports with the Secretary of State. This requirement extends to political committees and parties that accept contributions or make expenditures of $1,000 or more during a local election cycle. Reports must be submitted at three key intervals: 30 days before, 10 days before, and two weeks after the election.

One of the notable provisions of the bill is the stipulation that failure to file these reports will be interpreted as an affirmative statement that no report is required. This clause aims to discourage non-compliance and promote accountability among candidates and political entities.

The introduction of Senate Bill 98 has sparked discussions among lawmakers and community members alike. Proponents argue that increased transparency will empower voters and help restore trust in the electoral process, particularly in local elections where financial contributions can significantly sway outcomes. Critics, however, express concerns about the potential burden these requirements may place on smaller candidates and grassroots organizations, which often operate with limited resources.

The implications of this bill extend beyond mere compliance; it reflects a broader movement towards campaign finance reform in Vermont. Experts suggest that if passed, Senate Bill 98 could set a precedent for more stringent regulations in other states, potentially reshaping the landscape of local elections nationwide.

As the legislative process unfolds, community members are encouraged to engage in discussions about the bill's potential impact on their local elections. The next steps will involve committee reviews and public hearings, where residents can voice their opinions and contribute to shaping the future of campaign finance in Vermont.