January 28, 2013
Potential Vermont Legislation May Increase PAC Disclosures
Representative Kurt Wright announced his intention to introduce campaign finance legislation that will enhance disclosures in an election year. Wright and 10 other legislators are working on legislation that would require campaign finance reports to be filed monthly after January 15 in an election year, and increase filing to biweekly leading up to a primary or general election.
Currently, filings are due monthly after July 15.
The bill will also contain provisions related to donor disclosure, requiring PACs to disclose a top contributor if he or she provides more than half of all contributions in a six-month period, and super PACs to disclose their top three donors if their combined contributions account for more than half of contributions received.
Photo of Vermont State House by Jared C. Benedict on Wikipedia.