The proposed bill, if enacted, would amend current statutes regarding campaign contributions by allowing candidate committees for city or town offices to transfer contributions to the same candidate's committee for statewide or legislative offices. This change would replace the existing prohibition on such transfers, enabling greater flexibility for candidates in managing their campaign finances. Additionally, the bill specifies that the total amount transferred from a city, town, or county candidate's committee to a statewide or legislative committee must not exceed the contribution limits set for those offices.

Furthermore, the bill mandates that local public officers' financial disclosures be made publicly accessible on the respective municipality's website, enhancing transparency in campaign finance. This requirement would be established through an ordinance, rule, resolution, or regulation adopted by the city, town, or county, ensuring that financial disclosures are consistent with existing laws applicable to local public officers. Overall, these updates aim to streamline campaign finance processes and improve public access to financial information.

Statutes affected:
Introduced Version: 16-913, 38-545, 16-941
House Engrossed Version: 16-913, 38-545, 16-941