Bill > HB216

This bill amends Delaware's election campaign finance laws to enhance transparency and disclosure requirements for political contributions and expenditures. It introduces several key provisions, including new definitions for terms like "affiliated controlling entity," "conduit," "donor," and "underlying funding source," which require more detailed reporting of the origins of political funding. The bill expands reporting requirements for political committees, particularly out-of-state political action committees, mandating that they disclose more information about their funding sources when contributing to Delaware elections. For third-party advertisements, the bill now requires more comprehensive disclosure, including the names of responsible parties, controlling entities, major contributors, and a link to a website listing contributions over $100. Political committees must now provide more detailed information about their organizational structure, affiliated entities, and funding sources when filing reports. Additionally, the bill introduces a new provision prohibiting negative account balances in campaign finance reports and establishes penalties for non-compliance. The changes aim to provide voters with greater insight into the financial backing of political campaigns and advertisements, potentially reducing the influence of undisclosed or opaque funding sources in Delaware elections.

Government Affairs

https://legis.delaware.gov/BillDetail?LegislationId=142498