HB 6580 Summary

• Establishes new disclosure requirements for independent expenditures exceeding $1,000 in state elections, including filing long-form and short-form reports electronically within 24 hours of making or obligating expenditures, with identification of top five covered transfer sources during the prior 12 months.

• Creates "covered transfer" definition and disclosure requirements for persons making independent expenditures, requiring disclosure of major donors to entities making independent expenditures in elections for statewide and legislative offices.

• Increases individual contribution limits to party committees from $5,000 to $10,000 annually for state central committees and from $750 to $1,000 for political committees, while increasing total contribution limits per election from $15,000 to $30,000.

• Establishes detailed independent expenditure disclaimers required on all communications, specifying that communications must identify funding sources and state the message was made independent of any candidate or party, with different requirements for print, broadcast, and digital media.

• Replaces term "campaign treasurer" with "treasurer" throughout campaign finance statutes and adds criminal penalties including disqualification provisions for candidates with certain felony convictions related to fraud, embezzlement, or bribery.