The bill HB2403 amends the campaign finance reporting requirements for candidate committees in Arizona, specifically for statewide candidates. Under current law, candidate committees are required to file reports during the four calendar quarters of the twelve-month period leading up to the general election. The new bill changes this requirement, mandating that candidate committees for statewide candidates file reports during each calendar quarter of the forty-eight-month period preceding the general election.
Additionally, the bill clarifies that the reporting period for the first campaign finance report of the election cycle will encompass the entire election cycle to date. This change aims to enhance transparency and accountability in campaign financing for statewide candidates by increasing the frequency and duration of required reporting.
Statutes affected: Introduced Version: 3-730
House Engrossed Version: 16-927