This bill amends the reporting requirements for political committees regarding campaign donations. Specifically, it raises the threshold for reporting personal identifying information of contributors from $50 to $200, meaning that contributions of $200 or less will not be publicly disclosed. Additionally, it increases the reporting limit for unitemized receipts from $50 to $200, and for contributions that exceed a contributor's aggregate total, the reporting threshold is raised from $200 to $1,000. The bill also modifies the reporting requirements for campaign donations made at public events, increasing the limit for individual donations from $25 to $50, and the overall expectation for individual donors from $50 to $200 over the campaign cycle.

The bill aims to streamline the reporting process for political committees while providing greater privacy for smaller contributors. It requires that any political committee with receipts or expenditures exceeding $1,000 in an election cycle file an itemized statement with the Secretary of State, detailing contributions and expenditures. The changes are set to take effect 60 days after the bill's passage, which is scheduled for August 18, 2026.

Statutes affected:
Introduced: 664:6
Version adopted by both bodies: 664:6
CHAPTERED FINAL VERSION: 664:6
SB405 text: 664:6