HB 1147 Summary

• Requires noncandidate committees making only independent expenditures (SuperPACs) to identify the three top contributors in campaign advertisements, with disclosure of contributors who gave $10,000 or more in the prior 12 months.

• Expands disclosure requirements for electioneering communications to include names and titles of executives or board members authorizing expenditures, and requires identification of whether candidates are supported or opposed.

• Requires noncandidate committees making independent expenditures over $500 between 14-4 days before an election to file late expenditure reports detailing amounts, vendors, and candidates identified.

• Repeals section 11-332 requiring separate corporate reporting, consolidating all corporations exceeding $1,000 in expenditures or contributions to report as noncandidate committees under general disclosure rules.

• Requires campaign finance reports be made available on the commission's website in a searchable database and clarifies reporting requirements for contributions made and received by noncandidate committees.