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. It requires treasurers of political committees that receive such contributions to maintain detailed accounts, including the names of contributors and the total contributions received. Additionally, these treasurers must undergo annual audits conducted by a Kansas auditor approved by the commission, ensuring compliance with the new regulations. The bill also mandates that all contributions and receipts be reported accurately, with specific reporting requirements for both candidates and political committees.

Furthermore, the bill repeals existing sections of the law, specifically K.S.A. 25-4147, 25-4148, and 25-4153, and replaces them with updated provisions that enhance transparency and accountability in campaign financing. It clarifies that individuals and political committees are restricted to a maximum of $5,000 in contributions for independent expenditures, and outlines the necessary reporting and auditing processes to ensure adherence to these limits. The changes aim to strengthen the integrity of campaign finance in Kansas by imposing stricter regulations on contributions and enhancing oversight of political committees.

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