April 6, 2011 •
General Assembly Bill Would Adjust Campaign Finance Reporting in California
Under Assembly Bill 447, all committees making expenditures or receiving contributions of more than $500 would be required to file quarterly statements.
The legislation would eliminate independent expenditure reports, odd-year committee reports, and certain supplemental pre-election reports. Instead, all officers, candidates, and committees would have one pre-election report due 16 days before an election.
Late contribution reports would still be required within 24 hours of making a contribution near an election.
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