HB 872 Summary

• Requires any person (except individuals) making contributions or expenditures of $1,000 or more during a two-year election period to register as a noncandidate committee and comply with reporting requirements.

• Mandates late expenditure reports filed by noncandidate committees making expenditures exceeding $500 between 14 and 4 calendar days before an election, due 3 days before the election.

• Expands electioneering communication reporting requirements to include names and titles of executives or board members authorizing disbursements by non-individual entities, plus contributors' occupations and employers.

• Requires independent expenditure reports to specify which candidates are supported or opposed and clarifies that the purpose of each expenditure must be itemized in campaign finance disclosures.

• Repeals Section 11-332 regarding corporate reporting for contributions, consolidating all entity contribution reporting under the new noncandidate committee registration requirements.