Bill > SB00429

This bill proposes to establish a new tax specifically targeting political committees and candidate committees that raise and spend funds within the state. The primary purpose is to generate revenue that will be dedicated to supporting the Citizens' Election Program (CEP) and other election-related activities. The Citizens' Election Program is likely a public financing program designed to provide funding for political campaigns and reduce the influence of private money in elections. By implementing this tax, the bill aims to create a new funding mechanism for electoral initiatives, potentially increasing transparency and fairness in the state's political process. The tax would be levied on political committees and candidate committees, which are organizations that raise money to support political campaigns or candidates, with the collected funds being directly channeled back into election-related programs and infrastructure.

Government Affairs

https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=SB00429&which_year=2025