The bill amends the "Candidate for Office Financial Disclosure Act" by updating the deadlines for candidates to file their financial disclosure reports. Currently, candidates must submit their reports by May 15 of each election year. However, beginning after May 15, 2027, the deadline will shift to April 15 of each election year. Additionally, if a candidate files a statement of organization for their candidate committee after April 15, they will be required to file their financial disclosure report within 15 days of that filing.

The bill also makes adjustments to the existing provisions regarding the filing of reports. It removes the requirement for candidates who are not elected to file reports in subsequent years unless they run for office again. Furthermore, it clarifies that candidates who are already required to report under the Public Officers Financial Disclosure Act are exempt from filing under this act. These changes aim to streamline the financial disclosure process for candidates and ensure timely reporting.

Statutes affected:
Substitute (S-1): 169.305
Senate Introduced Bill: 169.305
As Passed by the Senate: 169.305