The bill amends existing laws regarding the reporting of contributions for candidates running for state or district office in Arkansas. It extends the deadline for filing final reports and introduces new provisions for monthly reporting. Specifically, candidates must submit a monthly report of contributions and expenditures by the 20th day after the end of each month, with exceptions for months that coincide with pre-election or final reports. Additionally, for primary or runoff elections, any contributions or expenditures incurred after the election date will be included in the subsequent monthly report.
Furthermore, the bill modifies the timeline for final reports, which must now be filed 20 days after the end of the month following the election in which the candidate's name appeared on the ballot. This change replaces the previous requirement to file within 30 days after the end of the month in which the last election was held. The bill also stipulates that candidates in special elections must begin filing monthly reports once their total campaign contributions or expenditures exceed $500. These amendments aim to streamline the reporting process and ensure timely disclosure of campaign finances.
Statutes affected: HB 1449: 7-6-207(a)