BILL ANALYSIS                                                                                                                                                                                                    �



                                                                            



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                                    THIRD READING


          Bill No:  SB 1442
          Author:   Lara (D), Corbett (D), De Le�n (D), Hill (D), Monning  
          (D), Roth (D), Steinberg (D), and Torres (D)
          Amended:  5/12/14
          Vote:     27


           SENATE ELECTIONS & CONST. AMEND. COMM.  :  5-0, 4/22/14
          AYES:  Torres, Anderson, Hancock, Jackson, Padilla

           SENATE APPROPRIATIONS COMMITTEE  :  7-0, 5/23/14
          AYES:  De Le�n, Walters, Gaines, Hill, Lara, Padilla, Steinberg


           SUBJECT  :    Political Reform Act of 1974:  campaign statements

           SOURCE  :     Author


           DIGEST  :    This bill requires elected state officers, candidates  
          for elective state office, and committees primarily formed to  
          support or oppose a candidate or ballot measure to file  
          quarterly statements instead of the current semiannual  
          requirement; revises definitions relating to contributions and  
          expenditures; and makes related changes to the Political Reform  
          Act (PRA).

           ANALYSIS  :    

          Existing law:

          1.Requires, pursuant to the PRA, candidates, political  
            committees, and slate mail organizations to file specified  
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            periodic and activity-based campaign finance reports,  
            including semiannual statements, pre-election statements,  
            supplemental pre-election statements, and late  
            contribution/expenditure reports that include specified  
            campaign finance information.

          2.Defines "late contributions" and "late independent  
            expenditures" to include certain contributions and independent  
            expenditures that are made within 90 days before the date of  
            the election.

          This bill:

          1.Requires elected state officers, candidates for elective state  
            office, and committees primarily formed to support or oppose a  
            candidate for elective state office or one or more statewide  
            ballot measures, to file quarterly statements each year  
            instead of semiannual statements.  Specifically, an elected  
            state officer, a candidate for elective state office, or a  
            recipient committee that is primarily formed to support or  
            oppose a candidate for elective state office or one or more  
            statewide ballot measures will file quarterly campaign  
            statements each year, as follows:

             A.   No later than April 7 for the period commencing January  
               1 and ending March 31.

             B.   No later than July 31 for the period commencing April 1  
               and ending June 30.

             C.   No later than October 7 for the period commencing July 1  
               and ending September 30.

             D.   No later than January 31 for the period commencing  
               October 1 and ending December 31.

          1.Requires independent expenditure committees and "major donor"  
            committees that are primarily formed to support or oppose a  
            candidate for elective state office or one or more statewide  
            ballot measures to file quarterly campaign statements pursuant  
            to the aforementioned schedule unless the committee has not  
            made contributions or independent expenditures during the  
            reporting period.


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          2.Recasts or repeals other specified reporting requirements,  
            including supplemental pre-election statements, supplemental  
            independent expenditure reports, and odd-numbered year reports  
            in order to conform to the proposed quarterly reporting  
            schedule.

          3.Revises the definitions of "late contributions" and "late  
            independent expenditures" to specify that those terms also  
            include contributions and independent expenditures that are  
            made on the date of the election.

          4.Requires the Secretary of State (SOS), in consultation with  
            the Fair Political Practices Commission (FPPC), to develop a  
            statewide Internet-based system for the electronic filing and  
            public display of all records filed by or for specified  
            entities.  Requires the Internet-based system to provide both  
            search capabilities that are data-driven and user-friendly for  
            members of the public and regular availability of all filings  
            in a raw, machine-readable data format that may be downloaded  
            by members of the public.

          5.Specifies that after the SOS implements the Internet-based  
            system, it is the intent of the Legislature to enact  
            legislation that will provide for monthly filings of campaign  
            statements, instead of the quarterly filing.

           Background
           
           Filing schedules  .  Under existing law, candidates and committees  
          generally are required to file regular campaign disclosure  
          reports semi-annually.  Candidates generally are required to  
          file two pre-election campaign statements for any election where  
          they will appear on the ballot, and certain non-candidate  
          committees similarly must file pre-election reports.  When  
          candidates and committees are required to file these  
          pre-election reports, they generally must also file late  
          contribution reports, and late independent expenditure reports,  
          disclosing within 24 hours any contributions made or received  
          and independent expenditures made of $1,000 or more in the last  
          90 days before the election (election cycle).  Candidates and  
          committees can also be required to file additional special  
          campaign reports at other times of year, based on the particular  
          campaign finance activity of the candidate or committee.


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           Periodic and Activity-Based reports  .  Under the PRA, there are  
          two general types of reporting requirements.  The first type of  
          report is referred to as a periodic report.  Periodic reports  
          must be filed according to a specified time schedule for all  
          similarly-situated candidates and committees, regardless of the  
          amount of campaign activity during the period of time covered by  
          the report.  These reports generally include all campaign  
          activity (contributions, loans, expenditures, etc.) that  
          occurred over a specified period of time.  Semi-annual reports  
          and pre-election reports are two examples of periodic reports  
          that are required under the PRA.

          The second type of report that the PRA requires is an  
          activity-based report.  An activity-based report is triggered  
          when a candidate or committee has campaign activity that meets  
          or exceeds a specific dollar threshold.  Election cycle 24-hour  
          reports for contributions of $1,000 or more and non-election  
          cycle 10-business day reports of contributions of $5,000 or more  
          are examples of activity-based reports.

           Major donor committees  .  The PRA defines "committee" to include  
          recipient committees, independent expenditure committees, and  
          "any person or combination of persons who directly or indirectly  
          makes contributions totaling $10,000 or more in a calendar year  
          to or at the behest of candidates or committees."  These last  
          groups of committees are commonly referred to as "major donor"  
          committees since they use their own funds to make political  
          contributions rather than raising money from other sources.

           Related Legislation  

          SB 1102 (Padilla, 2013) lowers the reporting threshold for  
          24-hour election cycle reports from $1,000 to $100; lowers the  
          reporting threshold for non-election cycle reports from $5,000  
          to $100; and, reduces the deadline for the non-election cycle  
          reports from 10 business days of receipt of the contribution to  
          five days.

           FISCAL EFFECT  :    Appropriation:  No   Fiscal Com.:  Yes    
          Local:  Yes

          According to the Senate Appropriations Committee:

           First year costs of $156,000 and annual ongoing of $146,000 to  

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            the Secretary of State (General Fund).

           Annual costs of $147,000 to the FPPC (General Fund).

          The SOS will require two personnel years for Program Technician  
          III positions at a cost of $156,000 in the first year and  
          $146,000 ongoing resulting from increased workload associated  
          with the more frequent filing of the reports, as well as  
          compliance and fine enforcement.

          The FPPC indicates the need for  personnel year for an Attorney  
          I position and one personnel year for a Political Reform  
          Consultant to handle new regulations, increased requests for  
          advice, and for the revisions of forms and campaign manuals.

           

          SUPPORT  :   (Verified  5/20/14)

          California Forward
          Common Cause


          RM:e  5/25/14   Senate Floor Analyses 

                           SUPPORT/OPPOSITION:  SEE ABOVE

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