Committee considers new reporting rules for self‑funded individuals and small entities; debate over $1,000 threshold
Draft changes in H.504 would define and require reporting by a “self‑funded person acting alone” and require reporting of expenditures of $1,000 or more during an election cycle with defined post/pre‑election reporting windows; senators debated lowering the threshold and cited court precedent and enforcement costs.
The full story
The Government Operations Committee reviewed campaign‑finance changes in H.504 that would create a reporting category for “self‑funded persons acting alone” and require reporting if such persons make expenditures of $1,000 or more during an election cycle.
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