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Committee considers new reporting rules for self‑funded individuals and small entities; debate over $1,000 threshold
Summary
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 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.
Legislative counsel Tim Devlin described the definitional revisions and said the term is intended to capture single individuals, corporations, labor organizations or other entities that spend independently to influence a public question or an election without coordination with candidates. Under the draft, any such entity…
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