The proposed bill would amend current campaign finance reporting requirements by updating the filing deadlines and adding new reporting obligations. Specifically, it would change the deadline for quarterly reports filed by political action committees or political parties from the third Monday to the fifteenth day of the month following the calendar quarter. Additionally, the preelection report deadline would be extended from ten days to fifteen days before an election. For statewide candidate committees, the bill would require quarterly reports to be filed every year instead of only during the 48-month period preceding a general election, and it would introduce a new postprimary report due 15 days after the primary election.

For candidate committees representing legislative, county, city, or town candidates, the bill would establish an annual report requirement for non-general election years, with a filing deadline of January 15. In the year of the general election, these committees would need to file quarterly reports and a postprimary report, both with specific deadlines. The bill also clarifies the definitions of general and primary elections for city or town candidates, ensuring that the appropriate election years are recognized for reporting purposes. Overall, the bill aims to streamline and clarify the campaign finance reporting process while ensuring timely disclosures.

Statutes affected:
Introduced Version: 16-927
Senate Engrossed Version: 16-927
Chaptered Version: 16-927