SC S0960

Defines "election communication" as paid political advertisements on radio, television, cable, satellite, internet, newspapers, periodicals, billboards, or mailings that support or oppose candidates, ballot measures, or seek to influence elections

Creates "independent expenditure committee" classification for groups of two or more individuals (or non-individual entities not primarily organized for political purposes) that spend more than $500 on election communications during an election cycle

Requires independent expenditure committees to disclose contributor information including names, addresses, occupations, and employers for anyone giving $1,000 or more in aggregate, plus all loans received

Mandates disclosure of all expenditures including recipient names, addresses, amounts, dates, purposes, and transfers to political committees or candidates

Election communications must display the committee's name and address in a legible, conspicuous location (print/digital) or clearly spoken (broadcast), and committees must maintain records for four years