MS SB2575

Brings forward existing Mississippi campaign finance disclosure laws (sections 23-15-801 through 23-15-821) for possible amendment, codifying definitions and reporting requirements for candidates, political committees, contributions, and expenditures.

Requires candidates and political committees to file statements of organization within 48 hours of receiving contributions or making expenditures exceeding $200, and file periodic campaign finance reports by specified deadlines with the Secretary of State, circuit clerks, or municipal clerks depending on office level.

Establishes civil penalties of $50 per day (up to 10 days maximum) for late campaign finance report filings, with provisions for hearing appeals before a hearing officer and subsequent court review; authorizes the Mississippi Ethics Commission to impose administrative penalties up to $5,000 for non-compliance.

Prohibits personal use of campaign contributions by candidates and elected officials, with specific restrictions on residential expenses, clothing, automobiles, tuition, and family member salaries, while permitting contributions to be donated to political organizations, charitable groups, or returned to donors upon filing a termination report.

Prohibits foreign nationals from making contributions or expenditures in connection with elections and requires disclosure of independent expenditures exceeding $200, with certification that such expenditures are made without candidate coordination; effective July 1, 2024.