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ARIZONA STATE SENATE

Fifty-Fifth Legislature, Second Regular Session

 

FACT SHEET FOR S.B. 1355

 

campaign finance report; due date

Purpose

Requires a political action committee (PAC) or political party, for a calendar quarter without an election, to file a campaign finance report by the third Monday in the month after the calendar quarter, rather than by 15 days after the calendar quarter.

Background

In each quarter before a general election for which a candidate is running for office, a PAC and political party must file a campaign finance report through the Secretary of State's Office. In a calendar quarter without an election, a PAC or political party must file the report within 15 days after the calendar quarter (A.R.S. § 16-927). The campaign finance report must include: 1) the amount of cash on hand at the beginning of the filing period; 2) the total receipts during a reporting period including an itemized list of specified categories; 3) an itemized list of specified categories of all the disbursements in excess of $250 during the reporting period; 4) the total sum of all receipts and disbursements for the reporting period; and 5) a certification by the committee treasurer, issued under penalty of perjury, that the contents of the report are true and correct
(A.R.S. § 16-926).

There is no anticipated fiscal impact to the state General Fund associated with this legislation.

Provisions

1.   Requires a PAC or political party, for a calendar quarter without an election, to file a campaign finance report by the third Monday in the month after the calendar quarter, rather than by 15 days after the calendar quarter.

2.   Becomes effective on the general effective date.

Prepared by Senate Research

February 2, 2022

MH/MF/slp