The bill aims to amend Kansas campaign finance laws by establishing a limit on contributions to political committees that are intended for independent expenditures, capping these contributions at $5,000 per year. It introduces new requirements for treasurers of political committees, mandating detailed accounting, reporting, and annual audits of contributions received for independent expenditures. The bill also specifies that contributions must be reported with the contributor's name and total contributions, and it outlines the conditions under which these accounts can be inspected and audited by the commission.

Additionally, the bill amends existing statutes K.S.A. 25-4147, 25-4148, and 25-4153, while repealing the previous versions of these sections. It clarifies that no individual or political committee can contribute more than $5,000 in a calendar year for independent expenditures, and it emphasizes that political committees must only use funds received in compliance with this limit. The bill is designed to enhance transparency and accountability in campaign financing, particularly regarding independent expenditures.

Statutes affected:
As introduced: 25-4147, 25-4148, 25-4153, 25-4148c