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FPPC updates security-expense reporting after AB 789, sets $10,000 annual cap starting 2029
Summary
The commission updated Form 463 to reflect AB 789: selected officers' security expenses will be permitted without limit through 2028 and subject to a $10,000 per-year cap beginning Jan. 1, 2029; commissioners discussed COLA adjustments, merchant restrictions and licensing questions for private security.
The Fair Political Practices Commission voted to approve updates to Form 463, the report of security expenses, to reflect legislation enacted this year (AB 789) that removes a prior lifetime cap and establishes a $10,000 annual cap beginning Jan. 1, 2029.
Senior counsel Chloe Hackert told the commission the statute (AB 789) permits certain security expenses with no limit until Jan. 1, 2029, at which point the law caps those expenses at $10,000 per calendar year. "This reverses the lifetime cap that was in place…
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