The bill amends several sections of the Code of West Virginia, specifically 3-8-1a, 3-8-5a, and 3-8-11, while introducing a new section, 3-8-6a. Its primary objective is to enhance the privacy of individual campaign contributors by prohibiting the release of their addresses and employer information, as well as the addresses of treasurers. The legislation also removes the existing prohibition on distinguishing between entities in certain circumstances, allowing for greater flexibility in campaign finance reporting. It mandates that financial statements for local elections be filed with the Secretary of State and establishes penalties for violations, including misdemeanor charges and monetary fines for untimely compliance.

Additionally, the bill streamlines financial reporting requirements for candidates and political committees, specifying the necessary information for financial statements, such as contributor details and fundraising event specifics. It introduces an alternative reporting procedure for political party committees with annual profits not exceeding $5,000. The new privacy protections prevent the public disclosure of sensitive personal information, with civil and criminal penalties for violations. The effective date for the bill is set for 90 days post-passage, with specific privacy requirements taking effect on January 1, 2027, and not applying to financial statements submitted before that date.

Statutes affected:
Introduced Version: 3-8-5a, 3-8-11, 3-8-6a
Committee Substitute: 3-8-1a, 3-8-5a, 3-8-11, 3-8-6a
Enrolled Committee Substitute: 3-8-1a, 3-8-5a, 3-8-11, 3-8-6a