This bill amends Ethics Rule 2.70 of the Rules of the Ethics Commission in Oklahoma, specifically regarding the requirements for candidate committees to file a Statement of Organization. The amendment modifies the threshold for when a candidate committee must file this statement by changing the previous requirement of expending more than One Thousand Dollars ($1,000.00) to now requiring a filing whenever any funds are accepted or expended for the campaign.

The effective date for this change is set for November 1, 2026. This adjustment aims to streamline the reporting process for candidate committees and ensure greater transparency in campaign finance activities.