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Campaign finance bill would move to monthly reporting and add mid-summer reporting; treasurers warn of burden
Summary
Substitute Senate Bill 5840 would require monthly expenditure reports and additional July–October reporting dates; the Public Disclosure Commission supports the timeline change for transparency, while campaign treasurers and compliance officers said it would impose significant costs and administrative burden on small or volunteer campaigns.
A hearing on substitute Senate Bill 5840 drew PDC staff and numerous campaign treasurers on Feb. 25 to debate proposed changes to campaign finance reporting schedules.
Kim Bradford, deputy director of the Public Disclosure Commission, told the committee the bill is the product of years of work. The measure would add annual participation statements to the statement of organization, redefine when an entity "participates" in an election to include expenditures for ballot propositions and independent expenditures regardless of value, and move expenditure reporting to a monthly schedule on the 10th day. For committees participating in primary or general elections, the…
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