Legislature invigorates campaign finance reporting, ethics rules
The Legislature passed comprehensive legislation closing several loopholes and adding more transparency and accountability to campaign finance reporting and ethics measures Thursday. House Speaker Cameron Sexton describes the bill as bringing money flows "from the dark into the light." One provision of the bill requires nonprofits organized under IRS code 501(c)(4), (5) and (6) to report expenditures related to a candidate during election periods, causing pushback from such groups, but the bill goes much farther than this one change.
