This bill amends existing campaign finance laws in Kansas by introducing a limit on contributions to political committees specifically for independent expenditures, capping them at $5,000 per year for individuals, political committees, and other entities. It mandates that treasurers of political committees maintain detailed accounts of contributions and expenditures, particularly those related to independent expenditures, and requires annual audits of these accounts. The bill also outlines specific reporting requirements for treasurers, including the need to disclose the names and addresses of contributors and the amounts contributed, as well as the purpose of expenditures.

Additionally, the bill repeals certain existing sections of the Kansas Statutes Annotated (K.S.A. 25-4147, 25-4148, and 25-4153) and replaces them with updated provisions that enhance transparency and accountability in campaign finance. The new language emphasizes the importance of accurate reporting and compliance with contribution limits, particularly in relation to independent expenditures. The act will take effect upon publication in the statute book, reinforcing the state's commitment to regulating campaign finance effectively.

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