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2023 SESSION

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23102732D
SENATE BILL NO. 1427 Offered January 11, 2023 Prefiled January 11, 2023 A BILL to amend the Code of Virginia by adding a section numbered 24.2-949.7:1, relating to campaign finance; political action committees; certain large pre-election expenditures. ---------- Patron-- Suetterlein ---------- Referred to Committee on Privileges and Elections ----------

Be it enacted by the General Assembly of Virginia:

1. That the Code of Virginia is amended by adding a section numbered 24.2-949.7:1 as follows:

§ 24.2-949.7:1. Special report required of certain large pre-election expenditures.

A. Any expenditure reported pursuant to this section shall also be reported on the first report required by this article after any election.

B. Political action committees shall report any single expenditure of $1,000 or more made between October 1 and the date of the November general election. Such expenditure shall be reported electronically pursuant to § 24.2-946.1, and the report shall be received by the State Board by 11:59 p.m. on the following day or, for an expenditure made on a Saturday, by 11:59 p.m. on the following Monday. However, any such expenditure made within the 24 hours prior to the election day shall be reported and a report thereof received on the day prior to the election.