The bill amends the reporting timeline for campaign contributions and expenditures in Washington State by updating sections of RCW 42.17A and RCW 29B.25. Key changes include shifting the reporting deadlines from the 21st and 7th days before an election to the 20th and 6th days, respectively. Additionally, it modifies the reporting requirements to include contributions and expenditures made as of the end of two business days before the report date, rather than one. The bill also mandates that incidental committees report any election campaign expenditures and the sources of significant payments received when filing their statement of organization.

Furthermore, the bill outlines the responsibilities of treasurers for candidates and political committees, emphasizing the need for accurate financial records and public access to these records. It establishes a process for the dissolution of political committees, requiring a final report and notice of intent to dissolve to be filed with the commission. The bill also clarifies the definition of "independent expenditure," sets reporting requirements for expenditures of $100 or more, and includes provisions for report certification and disclosures regarding foreign involvement. Notably, the reporting intervals have been adjusted to align with the new deadlines, and certain provisions are set to expire on January 1, 2026.

Statutes affected:
Original Bill: 42.17A.235, 29B.25.090
Substitute Bill: 42.17A.235, 29B.25.090, 42.17A.255, 29B.25.120