The bill amends various sections of the Louisiana Revised Statutes concerning election campaign finance, specifically the Campaign Finance Disclosure Act. It introduces new provisions for leadership committees, detailing their authorizations and restrictions, and outlines the duties and requirements for different types of committees, including political committees and independent expenditure-only committees. Key changes include raising the threshold for in-kind contributions from twenty-five to fifty dollars, increasing the reporting thresholds for contributions and expenditures, and mandating electronic filing for larger amounts. The bill also clarifies definitions related to contributions and expenditures, establishes stricter rules for joint fundraising efforts, and emphasizes the importance of transparency in campaign financing.

Additionally, the bill modifies existing laws to enhance the responsibilities of the supervisory committee overseeing campaign finance regulations, allowing it to issue subpoenas and investigate potential violations more effectively. It raises contribution limits for certain candidates and clarifies the permissible uses of campaign contributions, while imposing stricter regulations on contributions from foreign nationals. The legislation aims to improve transparency and accountability in campaign finance practices, ensuring compliance with federal regulations and enhancing the integrity of the electoral process. Overall, these amendments seek to streamline the campaign finance framework in Louisiana while protecting political speech and constitutional rights.

Statutes affected:
HB693 Original: 9:154(A)(18), 18:1486(C)(1), 18:2(N), 18:3(B)
HB693 Engrossed: 18:1483(15), 18:6(C), 18:1(C), 18:2(H)(1), 18:1(A), 9:154(A)(18), 18:1486(C)(1), 18:2(N), 18:3(B)
HB693 Reengrossed: 18:1483(15), 18:6(C), 18:4(C), 18:1(C), 18:2(H)(1), 18:1(A), 9:154(A)(18), 18:1486(C)(1), 18:2(N), 18:3(B)
HB693 Enrolled: 18:1483(15), 18:6(C), 18:4(C), 18:1(C), 18:2(H)(1), 18:1(A), 9:154(A)(18), 18:1486(C)(1), 18:2(N), 18:3(B)
HB693 Act : 18:1483(15), 18:6(C), 18:4(C), 18:1(C), 18:2(H)(1), 18:1(A), 9:154(A)(18), 18:1486(C)(1), 18:2(N), 18:3(B)