Senate Bill No. 841 Summary

• Eliminates the $1,000 threshold for campaign finance reporting by removing provisions allowing committees to file written statements indicating they do not expect to receive or expend more than $1,000 per election or calendar year.

• Removes exemptions from campaign statement filing requirements for small committees that previously did not have to file if they stayed under the $1,000 threshold.

• Simplifies committee dissolution procedures by removing distinctions between small committees (under $1,000) and larger committees in terms of dissolution filing requirements.

• Increases filing requirements for all candidate committees, independent committees, and political committees regardless of fundraising amount, ensuring more comprehensive campaign finance disclosure.

• Maintains existing late filing fees and penalties for failure to file required campaign statements, with fees ranging from $25-$50 per business day depending on committee size and time delinquent.