On January 1, 2015, the limit for individuals making contributions to Massachusetts state candidates increases from $500 to $1,000, due to a new campaign finance bill signed by Gov. Deval Patrick.

Among the many changes in House Bill 4366, signed on August 1, are new reporting requirements for political committees or other entities making independent expenditures, new disclosure requirements for certain types of political advertising, and the creation of a campaign finance and disclosure task force.

According to MassLive.com, Patrick said the bill, conceptually, was “exactly right.”