SB 2318 Summary

• Changes language throughout campaign disclosure requirements from "in excess of" to "more than" when referring to contribution and expenditure thresholds of $200, $500, and $5,000.

• Adds detailed expenditure reporting requirements for candidates and political committees, including recipient name, purpose, amount, related candidates or measures, subcontributor information, and expenditure category for expenditures totaling more than $200.

• Requires supplemental reporting within 48 hours for contributions or expenditures exceeding $500 during the 39 days before an election, with the same detailed expenditure information.

• Mandates candidates use dedicated campaign accounts separate from personal accounts to ensure accurate reporting and prevent commingling of funds.

• Applies reporting requirements to year-end campaign disclosure statements due before February first, requiring detailed information on contributions and expenditures made during the previous calendar year.