Campaign finance disclosure; filings by PACs. (HB789)
Introduced By
Del. Riley Ingram (R-Hopewell)
Progress
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Introduced |
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Passed Committee |
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Passed House |
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Passed Senate |
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Signed by Governor |
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Became Law |
Description
Campaign finance disclosure; filings by political action committees. Requires any political action committee that files its statement of organization on or after October 1 and before the November election day in any odd-numbered year (i) to file a campaign finance report for the committee's activities during that year with its statement of organization and (ii) to file reports within 24 hours of receiving any contribution or making any expenditure of $500 or more during the period between the date of filing its statement of organization and the election day. The bill provides for a civil penalty of $500 for the failure to file any such report and $1,000 for each additional failure. Amends § 24.2-949.6 (“Filing schedule for political action committees.”), § 24.2-953.1 (“Failure to file the required reports.”), of the Code of Virginia. View Full Text »
