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Panel advances bill requiring online donation platforms to register, sets limits on online fundraising
Summary
The committee advanced House Bill 5 81 after extended debate over requiring online contribution platforms to register with the ethics bureau, requiring CVV verification, and limiting candidates to 50% of aggregate contributions from online platforms for an election cycle.
The State and Local Government Committee advanced House Bill 5 81 to Government Operations on a 16‑to‑7 vote after protracted debate over disclosure, vendor regulation and limits on online contributions.
Chairman Doggett, the bill sponsor, said the measure is intended to improve transparency for online political donations, require online platforms to register as vendors with the registry of elections, require CVV verification for card transactions in investigations, and apply existing contribution limits to donations processed by online platforms. The sponsor also said the bill incorporates identity theft…
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