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OH SB347

OH SB347
Modify campaign finance law-independent expenditures/PACs


summary

Introduced
07/30/2020
In Committee
09/01/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

133rd General Assembly

Bill Summary

To amend sections 3517.01, 3517.105, 3517.1011, 3517.13, 3517.992, 3599.03, 5727.61, and 5733.27 of the Revised Code and to amend the versions of sections 3517.105 and 3517.1011 of the Revised Code that are scheduled to take effect January 1, 2021, to modify the Campaign Finance Law regarding independent expenditures and political action committees.

AI Summary

This bill modifies campaign finance law regarding independent expenditures and political action committees (PACs). The key provisions are: - Expands the definition of a PAC to include organizations that have more than $2,500 in their treasury and make $1,000 or more in aggregate contributions and expenditures per calendar year. - Requires corporations, labor organizations, PACs, and legislative campaign funds making independent expenditures of $500 or more to report those expenditures and identify the candidate. - Requires corporations and labor organizations making independent expenditures of $10,000 or more during the 90 days before a primary or general election to report them as electioneering communications. - Prohibits foreign corporations from making independent expenditures, disbursements for electioneering communications, or contributions to fund electioneering communications. The bill aims to increase transparency around independent expenditures and the role of corporations and labor organizations in political spending.

Committee Categories

Government Affairs

Sponsors (9)

Last Action

Senate Government Oversight and Reform 2nd Hearing, Proponent (10:30 9/16/2020 Finance Hearing Room) (on 09/16/2020)

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