This bill proposes significant updates to Arizona's campaign contribution laws by amending section 16-916 and adding section 16-926.01 to the Arizona Revised Statutes. Under the new provisions, corporations, limited liability companies, and labor organizations will be required to register and notify the appropriate filing officer within one day of making contributions that meet specified threshold amounts to political action committees or other entities aimed at influencing candidate elections. The thresholds include contributions of $5,000 or more for statewide races, $2,500 or more for legislative races, and $1,000 or more for local races. The bill also mandates that the Secretary of State provide electronic filing options and public access to this information.

Additionally, the bill introduces requirements for the registration and notification process, including detailed information about the contributing entity and the contribution itself. It establishes penalties for failure to comply with these requirements, including civil penalties of up to three times the contribution amount and criminal penalties for knowingly false filings. The definition of "local election" is also clarified to encompass elections for various local jurisdictions. Overall, these changes aim to enhance transparency and accountability in campaign financing.

Statutes affected:
Introduced Version: 16-916, 16-926.01