Bill > S0091

This bill amends South Carolina's campaign finance reporting requirements by adding a new provision that mandates candidates and committees file their campaign bank account statements alongside their quarterly campaign disclosure reports. Specifically, the bill requires these bank account statements to be submitted to the appropriate supervisory office at the same time as the quarterly campaign report, with an important caveat that these statements will not be subject to public disclosure. The statements can only be retained by the supervisory office long enough to audit or verify the campaign disclosure report, after which they must be destroyed. This change aims to enhance financial transparency and accountability in campaign reporting by allowing oversight agencies to cross-reference campaign reports with actual bank records, while still protecting the sensitive financial details of candidates and committees from public view. The bill will take effect immediately upon receiving the Governor's approval, potentially providing election officials with a more robust mechanism for ensuring the accuracy of campaign financial disclosures.

Justice

https://www.scstatehouse.gov/billsearch.php?billnumbers=91&session=126&summary=B