SB688 establishes campaign contribution and expenditure limits in Virginia to enhance transparency and accountability.
SB688 amends the Code of Virginia to introduce new campaign finance regulations, including prohibitions on contributions or expenditures by business entities. It sets aggregate limits of $25,000 annually for committees and specific expenditure caps for candidates, such as $750,000 for Senate candidates and $500,000 for House candidates per election cycle. The bill also includes contribution limits and provisions for indexing these limits to inflation. These measures aim to promote electoral integrity and ensure public confidence in elected officials.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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