Bill > S758

This bill requires certain organizations that engage in "issue advocacy," meaning they aim to influence elections, public office selections, or public questions by providing political information or expressing opinions, to disclose their financial information. Specifically, these organizations, defined as "issue advocacy organizations" if they are structured under federal tax codes like section 527 or certain parts of section 501 and spend $2,100 or more without coordinating with candidates or political parties, must now register with the Election Law Enforcement Commission, report all contributions and expenditures, and clearly state their name and funding source on any communications they finance. This aims to increase transparency in political spending by bringing these types of organizations under similar disclosure rules as traditional political committees.