The bill amends Washington state election laws to enhance the reporting requirements for contributions and expenditures in political campaigns. A significant change is the removal of the requirement for candidates and political committees to certify that their contributions are not financed by foreign nationals. The legislation introduces a new framework for special reporting periods, mandating that campaign treasurers and political committees file special reports for contributions of one thousand dollars or more, which must include details such as the amount, date, and identities of the donor and recipient. Reports can be submitted electronically or in written form if electronic means are unavailable.
Additionally, the bill imposes new reporting obligations on sponsors of electioneering communications, requiring them to disclose detailed information about funding sources, expenditures, and the candidates involved within 24 hours of publication. The bill streamlines the regulatory framework by repealing existing laws related to foreign national contributions and certifications, thereby aiming to enhance transparency and integrity in campaign financing. Overall, the legislation seeks to ensure that all financial contributions are adequately reported and monitored, thereby strengthening the electoral process.
Statutes affected: Original bill: 29B.25.100, 29B.25.110, 29B.25.120, 29B.25.130, 29B.25.140, 29B.25.150