Bill > SB349

This bill, known as the Ohio Anti-Corruption Act, modifies Ohio's campaign finance law in several ways: It amends the definitions of key terms like "contribution" and "political contributing entity" to provide more specificity and transparency around the sources and uses of campaign funds. It requires political contributing entities to segregate funds intended to influence elections into a separate account. The bill also places new restrictions on the ability of corporations, labor organizations, and other entities to make political contributions or expenditures. The bill changes filing requirements for campaign finance statements, such as requiring more frequent reporting and additional disclosure for large contributors and expenditures. It also authorizes the Secretary of State to prescribe electronic filing procedures and make campaign finance information more accessible to the public online. Additionally, the bill places new limits on the amounts that individuals, political action committees, political contributing entities, and other entities can contribute to candidates, political parties, and legislative campaign funds. It also restricts the ability of state and county political parties to transfer funds to candidate campaign committees. Overall, the Ohio Anti-Corruption Act aims to increase transparency, accountability, and restrictions around campaign finance activities in the state.

Government Affairs

https://www.legislature.ohio.gov/legislation/legislation-summary?id=GA133-SB-349