HB 2974 Summary

• Amends the Political Subdivisions Ethics Act (51 O.S. 2011, Sections 304 and 314) to modify definitions and reporting requirements for campaign finance disclosures.

• Adds new definition of "electioneering communication" specifying communications about candidates or ballot measures made within 60 days of general elections or 30 days of primary elections that target 2,500+ persons in the relevant jurisdiction.

• Reduces the campaign expenditure reporting threshold from $1,000 to $50 for itemized disclosure requirements, requiring more detailed identification of expenditures and their purposes.

• Requires candidates for local office in municipalities or counties with populations over 250,000 persons to file campaign reports electronically with the Ethics Commission.

• Effective July 1, 2012, with emergency clause allowing immediate implementation upon passage and approval.