Tuesday, May 8, 2012 - 9:04pm
Campaign finance reform measures clear state House, head to Senate
Two bills designed to reform campaign financing in Delaware are going to the state Senate after passing the House Tuesday.
House Bill 300, sponsored by Speaker Bob Gilligan, would require reporting of all campaign ads to the Commissoner of Elections, not just those expressly advocating for or against a candidate.
Any third-party ad bought during campaign season by a Political Action Committee or other entity and costing more than 500 dollars would have to be reported promptly, and would have to include a reference to the Commissioner of Elections website and a "paid for by" disclaimer.
The bill also mandates that any PAC or other entity donating more than 12 hundred dollars to a candidate or party disclose the name and address of whoever controls that entity.
House Bill 310, sponsored by Majority Whip Valerie Longhurst, would make the current 50 dollar-a-month penalty for filing late reports a daily penalty, and impose a fine of 500 dollars or 25 percent of the ad's cost, whichever is greater, for any ad without the "paid for by" disclaimer.
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