Gov. Matt Bevin approved changes to a campaign finance law yesterday, March 27, 2017.

Senate Bill 75 doubles current contribution limits for individuals giving to candidates, state executive committees, and caucus campaign committees. The limit for individuals giving to PACs also increases from $1,500 to $2,000.

Contributions to candidates and PACs will be indexed for inflation every odd-numbered year based on the Consumer Price Index. The bill also creates a single reporting threshold of $3,000 for campaign finance reports.

The bill is effective June 28, 2017, or 90 days from adjournment sine die of the regular session of the Legislature.

The Kentucky Legislature passed a bill this week to double the limits on contributions from individuals and PACs to candidates, state executive committees, and caucus campaign committees.

Senate Bill 75, according to supporters, provides greater transparency and will make it easier for everyday citizens to compete with dark money while running for office.

Opponents, however, believe the focus should be on curbing dark money and adding more money to the equation will further erode public trust.

Nonetheless, the bill will now be sent to the governor for review.

A bill to raise the limit on what individuals may contribute to campaigns has passed the Kentucky Senate.

Senate Bill 75, sponsored by Sen. Damon Thayer, doubles the limit for individuals giving to candidates, caucus committees, and political parties.

The bill, similar to a measure introduced by Thayer in the past, also creates an additional disclosure report 60 days prior to an election. The bill has been transmitted to the House for consideration.