The bill amends K.S.A. 2025 Supp. 25-4153 to establish new contribution limits for candidates and political committees in Kansas. It specifies that contributions to candidates and their committees from individuals or political committees, excluding party committees, cannot exceed certain amounts based on the office sought. For example, contributions for the governor and lieutenant governor are capped at $4,000 per primary and general election, while contributions for local offices in jurisdictions with populations under 50,000 are limited to $1,000. Additionally, the bill introduces regulations regarding cryptocurrency contributions, requiring that they be processed through a registered U.S.-based payment processor and reported as monetary contributions.
Furthermore, the bill repeals the existing K.S.A. 2025 Supp. 25-4153, effectively replacing it with the new provisions outlined. It also clarifies that contributions from unemancipated children under 18 are attributed to their parents, and it sets forth accounting requirements for candidates to distinguish between contributions for primary and general elections. The bill aims to enhance transparency and regulation of campaign financing in Kansas, particularly concerning the emerging use of cryptocurrency in political contributions.
Statutes affected: As introduced: 25-4153