This bill amends several rules of the Ethics Commission regarding campaign finance, specifically focusing on candidate committees, contributions, and political action committees. Key changes include prohibiting candidate committees from making contributions to other candidates for state or federal office, and establishing stricter limits on contributions from limited and unlimited committees. For instance, contributions to limited committees are capped at $5,000 per calendar year, and there are specific provisions regarding contributions before primary and general elections. Additionally, the bill mandates that certain officers of committees must be residents of the state and provides guidelines for independent expenditures and electioneering communications.

The bill also introduces new requirements for political action committees and organizations, particularly those registered in other states, which will be prohibited from making contributions to candidates for state office unless they comply with local registration and reporting requirements. The amendments aim to enhance transparency and accountability in campaign finance by ensuring that contributions are made within the established limits and that all entities involved are properly registered and domiciled in the state. The act is set to take effect on November 1, 2026.