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Bill

LC 2880

Revise candidate campaign finance reporting laws

2025 Regular Session

LC 2880 updates candidate campaign finance reporting, expands donor disclosures, and modernizes filing to boost transparency for campaigns, PACs, and donors.

(LC) Draft Ready for Delivery
#elections(seealso:ballotissues)
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Bill Summary · LC 2880

Summary: LC 2880 — Revise candidate campaign finance reporting laws

Overview

LC 2880 is a bill titled “Revise candidate campaign finance reporting laws.” Its stated aim is to modify the rules governing how campaign finances are reported by candidates and related political entities. The bill was introduced on December 12, 2024 and is currently in the drafting and delivery phase as a draft bill (status: Draft Ready for Delivery). The legislative process actions show ongoing drafting work through February 2025, including input/proofing, legal review, and Assembly drafting steps.

Purpose and intent (based on title)

  • Likely objective: Update and strengthen the requirements for reporting campaign contributions and expenditures to improve transparency and accountability.
  • Potential goals may include modernizing reporting mechanisms, expanding disclosure, and aligning reporting practices with current election administration needs.

Key provisions (not yet available in the provided text)

The exact provisions are not included in the information given. If enacted, bills with a similar title typically address one or more of the following areas:
- Reporting frequency and deadlines for candidate committees, political action committees (PACs), and related entities.
- Expanded donor disclosures (e.g., donor name, address, occupation, employer) and identification of connected committees.
- Coverage of independent expenditures and political committees, with specifics on what must be reported.
- Digital filing requirements and creation or enhancement of an online, searchable disclosure database.
- Pre-election and post-election reporting periods and requirements.
- Adjustments to contribution and expenditure thresholds triggering reporting.
- Enforcement provisions, penalties for noncompliance, and audit procedures.
- Language addressing privacy or confidentiality concerns for sensitive donor information.
- Data standards and accessibility to the public (e.g., machine-readable formats).

Note: The exact text and provisions will be determined as the bill moves through drafting and legislative review.

Who would be affected

  • Candidates for office and their campaign committees.
  • Political action committees (PACs) and other political fundraising entities.
  • State election officials and the offices responsible for campaign finance administration.
  • Donors and individuals contributing to campaigns (disclosures may change how information is publicly available).
  • Vendors and compliance professionals involved in campaign finance reporting.

Procedural and timeline aspects

  • Introduced: December 12, 2024.
  • 2025 drafting actions indicate progression through the drafting process:
    • February 21–24, 2025: Draft in Legal Review; Draft in Edit; Draft in Input/Proofing; Draft in Final Drafter Review; Draft in Assembly; Draft Ready for Delivery.
  • Next anticipated steps (typical for such legislation): committee referrals, public hearings and amendments, floor votes in the chamber(s), potential compromises with the other legislative chambers, and (if passed) final enrollment and signature by the relevant authority.

Notes for readers

  • The precise provisions and their impact will depend on the final text of LC 2880. Stakeholders should monitor upcoming committee hearings and amendments to understand the bill’s concrete requirements, effective dates, and enforcement mechanisms.

Compiled from official sources — confirm details with the bill’s official record.

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