SB1389 amends the Political Reform Act of 1974 to establish penalties for late filing of reports.

SB1389 amends the Political Reform Act of 1974 to establish penalties for late filing of reports. If a person files an original statement or report after the deadline, they are liable for a penalty of ten dollars ($10) per day until the statement or report is filed, up to a maximum amount. For a statement of economic interest, the maximum penalty is one hundred dollars ($100). For other statements or reports, the maximum penalty is the aggregate amount of contributions, expenditures, and other amounts reported, or one hundred dollars ($100), whichever is greater.

SB1389 amends the Political Reform Act of 1974 to establish penalties for late filing of reports.

SB1389 amends the Political Reform Act of 1974 to establish penalties for late filing of reports. If a person files an original statement or report after the deadline, they are liable for a penalty of ten dollars ($10) per day until the statement or report is filed, up to a maximum amount. For a statement of economic interest, the maximum penalty is one hundred dollars ($100). For other statements or reports, the maximum penalty is the aggregate amount of contributions, expenditures, and other amounts reported, or one hundred dollars ($100), whichever is greater.