Senate Bill 34 introduces new provisions regarding the withdrawal of candidacy for certain elective offices in Wisconsin. Under the proposed law, individuals who file nomination papers for offices to be filled at the general election can withdraw their candidacy by submitting a sworn statement to the Elections Commission before specific deadlines. If this statement is filed, the individual's name will not appear on the ballot. The bill applies to various offices, including those for president, vice president, U.S. Senate, and state assembly, but excludes the district attorney position. Additionally, candidates must pay a fee of $1,000 for national or statewide offices and $250 for other offices when withdrawing their candidacy.

The bill also establishes penalties for false statements regarding candidacy withdrawal. Specifically, anyone who intentionally files a false statement will be guilty of a Class G felony, which carries a penalty of up to $25,000 in fines or up to 10 years in prison, or both. Furthermore, the Elections Commission is tasked with creating a process to verify the authenticity of the sworn statements submitted by candidates. This legislation aims to enhance the integrity of the electoral process by ensuring that candidates who withdraw do so formally and transparently.