Bill > HB2874

This bill modifies Arizona's campaign finance laws by updating the requirements for terminating a campaign committee and adjusting penalties for late filings. Specifically, it allows a committee to terminate if it has received no contributions, or if it has received contributions but will no longer receive or spend money, has no outstanding debts (or all debts are over five years old with creditor agreement), has properly disposed of surplus funds, and has reported all financial activity. The bill also clarifies that if a committee terminates by stating it received no contributions, it will not be assessed any penalties, and any previously assessed penalties will be voided retroactively, with any enforcement actions against such a committee being dismissed. Additionally, the bill updates the method of notice for late filings from email to email and adjusts the daily penalty amounts for late campaign finance reports.

Military Affairs and Security

https://apps.azleg.gov/BillStatus/BillOverview/84710