Virginia HB162 allows counties and cities to establish public campaign financing systems for certain local offices.
Virginia HB162 permits counties and cities to create public campaign financing systems for certain local offices. These systems must operate on a voluntary basis for candidates. They must also include a public election fund managed by the county or city treasurer. The bill outlines regulations, expenditures, and reporting requirements, and allows for civil penalties for violations. The State Board will oversee these systems to ensure compliance with state law and policy.
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