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Officials warn House Bill 4024 implementation needs clarifications, funding and new IT work
Summary
Secretary of State Tobias Reed and staff told the Rules Committee that House Bill 4024 creates sweeping campaign finance changes—limits, connected-entity rules and disclosure requirements—but the agency needs legislative clarifications, privacy guidance and significant funds to build a new reporting system before 2027.
State election officials told the House Interim Committee on Rules on Nov. 17 that House Bill 4024 (HB 4024) represents a major overhaul of Oregon campaign finance laws but leaves several core definitions and technical questions unresolved — and that implementing the law as written will require new funding and a replacement for the state’s current campaign filing system.
"We're going from 0 to 100 very fast," Secretary of State Tobias Reed said, describing HB 4024's shift to contribution limits, networked-entity rules (EFMC — established, financed, maintained, or control), and requirements to disclose an original source of funds. Reed warned that misinterpretation could expose participants to "big penalties" and that implementation hinges on difficult definitional choices.
Ricardo Lujan Valerio, deputy chief of staff at…
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