On November 26, Massachusetts Gov. Charlie Baker signed a new campaign finance bill into law. The bill amends the state’s law by now requiring House, Senate and all mayoral candidates to use the depository system of campaign finance reporting.

According to the Office of Campaign and Political Finance (OPCF), “Nearly 500 House and Senate candidates will transition into the depository campaign finance reporting system, as well as about 100 mayoral candidates in cities of 65,000 or less.” House Bill 4087 also requires banks to file monthly disclosure reports on behalf of candidates and certain committees.

Previously, the disclosures were required twice a month. The bill also mandates the OCPF establish regulations concerning social media and its use by appointed public employees.

Additionally, the bill establishes a commission to study the use of campaign funds for family and child care.