CA AB2885

Prohibits committees from distributing false material statements of fact about candidates or measures within 60 days of an election with actual malice and intent to deceive voters, with violations subject to injunctive relief, damages, and attorney's fees.

Requires online platforms to disclose the audience targeted by campaign advertisements and types of personal information used for targeting, including characteristics like age, gender, race, or protected classifications.

Mandates online platforms maintain and publicly display records of advertisements from committees spending $500 or more annually, including digital copies, view counts, spending amounts, and candidate/measure information.

Requires a chief executive officer, chief financial officer, chief operating officer, or chief privacy officer to personally certify under penalty of perjury that the platform has correctly disclosed all targeted advertising activity.

Sunsets both the false campaign speech prohibition and online platform disclosure requirements on January 1, 2025, and declares the bill furthers the purposes of the Political Reform Act of 1974.