California AB2421 amends the Political Reform Act of 1974 to allow for the termination of political committees under specific conditions.

AB2421 amends the Political Reform Act of 1974 by adding provisions for the termination of political committees. The Secretary of State can terminate a committee if it fails to submit a campaign report for at least the preceding 12 months and either has an ending cash balance of $3,000 or less, or an ending cash balance of $5,000 or less and owes $2,000 or more to the controlling candidate. The Secretary of State must provide written notice to the committee and the commission 180 days before termination.

California AB2421 amends the Political Reform Act of 1974 to allow for the termination of political committees under specific conditions.

AB2421 amends the Political Reform Act of 1974 by adding provisions for the termination of political committees. The Secretary of State can terminate a committee if it fails to submit a campaign report for at least the preceding 12 months and either has an ending cash balance of $3,000 or less, or an ending cash balance of $5,000 or less and owes $2,000 or more to the controlling candidate. The Secretary of State must provide written notice to the committee and the commission 180 days before termination.