Hawaii HB1478 mandates transparency in political funding by requiring disclosure of top contributors to noncandidate committees.

Hawaii HB1478 aims to enhance transparency in political funding by requiring noncandidate committees to disclose the top three contributors who donate $10,000 or more in a two-year election period. Advertisements funded by these committees must include a notice identifying these top contributors. The bill also mandates that noncandidate committees maintain records of the original sources of funds and transfer records for significant contributions. It imposes penalties for violations and seeks to prevent the structuring of transactions to evade reporting requirements.

Hawaii HB1478 mandates transparency in political funding by requiring disclosure of top contributors to noncandidate committees.

Hawaii HB1478 aims to enhance transparency in political funding by requiring noncandidate committees to disclose the top three contributors who donate $10,000 or more in a two-year election period. Advertisements funded by these committees must include a notice identifying these top contributors. The bill also mandates that noncandidate committees maintain records of the original sources of funds and transfer records for significant contributions. It imposes penalties for violations and seeks to prevent the structuring of transactions to evade reporting requirements.