Bill > AB808

This bill modernizes and updates California's campaign finance reporting and disclosure laws, primarily focusing on transitioning to an online electronic filing system. The bill replaces the term "campaign statement" with "campaign report" and eliminates the option to file reports by fax, requiring most campaign finance documents to be filed electronically with the Secretary of State. It introduces a new online filing system that will allow for more efficient and transparent reporting of campaign contributions, expenditures, and other financial activities. The bill removes some existing filing requirements, such as the provision for a short-form filing for candidates with minimal contributions and expenditures, and modifies rules around personal loans to campaigns by removing the $100,000 cap on candidate loans. The legislation also updates various reporting deadlines, disclosure requirements, and audit procedures for campaign committees, slate mailer organizations, and other political entities. Importantly, the bill will only become operative once the Secretary of State certifies a new online filing and disclosure system, ensuring that the technological infrastructure is in place before implementation. The changes aim to improve public access to campaign finance information and streamline the reporting process for political committees and candidates.

Budget and Finance, Government Affairs

https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260AB808