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HB 4647 - Campaign Finance Law Amendments - West Virginia Key Vote

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Title: Campaign Finance Law Amendments

Vote Smart's Synopsis:

Vote to pass a bill that amends the state's campaign finance laws.

Highlights:

-Defines the phrase "targeted to the relevant electorate' as any communication referring to a candidate for statewide office or the legislature, which can be received by (Article 8, §3-8-1a.):

    -140,000 or more people in the case of candidacy for statewide office; -8,200 people in the district of a candidate running for State Senate; and -2,410 people in the district of a candidate running for the House of Delegates.
-Requires any person, other than a political committee, who makes an independent expenditure in excess of $1,000 for or against any candidate to file a financial disclosure statement with the Secretary of State which shall include, but not be limited to, the following information (Article 8, §3-8-2):
    -The name of the individual making the expenditure; -The elections to which the expenditures pertain, the names of the candidates referred to, and the intent of either supporting or opposing said candidates; -A list of the names of individuals who donated more than $250, and the date that each donation was made.
-Requires any person, including a political committee, who contracts independent expenditures in excess of $10,000 for or against any candidate to file a disclosure form with the Secretary of State within 48 hours of contracting the expenditures (Article 8, §3-8-2). -Requires any independent expenditure to include a clear public notice that any communication made is not authorized by a candidate or a candidate's committee, and that the communication clearly identifies the person making the expenditure for the communication (Article 8, §3-8-2). -Requires the Secretary of State to make a document that can be filed electronically for the purposes of reporting independent expenditures to the Secretary of State (Article 8, §3-8-2). -Prohibits the solicitation of corporations by an individual for the contribution to a candidate or candidate's campaign (Article 8, §3-8-8).

NOTE: THIS IS A SUBSTITUTE BILL, MEANING THE LANGUAGE OF THE ORIGINAL BILL HAS BEEN REPLACED. THE DEGREE TO WHICH THE SUBSTITUTE BILL TEXT DIFFERS FROM THE PREVIOUS VERSION OF THE TEXT CAN VARY GREATLY.

Full Bill Text

Title: Requiring Disclosure Statements for Campaign Contributions

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