The resolution proposes a measure to amend Arizona's campaign finance laws, specifically section 16-926 of the Arizona Revised Statutes, which governs campaign contributions and expenses. It aims to enhance transparency in campaign finance by requiring detailed reporting of contributions and expenditures. Key changes include raising the threshold for itemizing contributions from in-state individuals from $100 to $200, allowing contributors to opt-out of disclosing their identity for smaller contributions, and mandating comprehensive reporting of all disbursements over $250. Additionally, the resolution stipulates that campaign finance reports must include a certification by the committee treasurer under penalty of perjury, ensuring accountability.
The resolution is set to be submitted to voters for approval in the next general election, as it seeks to enact these changes through the power of the referendum. If approved, the amendments will become law upon proclamation by the Governor. The intent behind these changes is to improve the integrity of campaign financing in Arizona, making it easier for the public to track the flow of money in political campaigns and ensuring that all contributions and expenditures are accurately reported.
Statutes affected: Introduced Version: 16-926