The bill amends Section 42-139.1-6 of the Rhode Island Lobbying Reform Act, specifically updating the reporting requirements for registered lobbyists. Key changes include the insertion of the term "annual" before campaign contributions and an increase in the threshold for reporting such contributions from $100 to $200. Lobbyists will now be required to report all compensation received for lobbying, the names of those who paid the compensation, expenditures made for lobbying, and any gifts or contributions exceeding the new threshold. Additionally, the bill clarifies that governmental lobbyists are exempt from these reporting requirements.

The reporting schedule remains unchanged, with lobbyists required to file reports on specific dates throughout the year, detailing their lobbying activities from the previous months. The bill aims to enhance transparency in lobbying activities by ensuring that more significant contributions are disclosed, thereby providing the public with better insight into the financial interactions between lobbyists and state officials. This act will take effect immediately upon passage.