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 statewide or legislative committee, which is currently prohibited. Specifically, it would replace the existing prohibition with a provision that permits such transfers, provided that the total contributions transferred from an individual do not exceed the contribution limit for the statewide or legislative office as outlined in section 16-941.

Additionally, the bill mandates that local public officers' completed financial disclosures must be 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.

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