Highlights of House Bill 569 on campaign finaince reform and Senate Bill 2 on ethics.

April 25, 2013 

Florida finance reform at a glance

Highlights of House Bill 569 on campaign finance bill:

• Requires legislators to close current CCEs but allows the money to be transferred to other candidates, political committees and parties.

• Raises campaign finance limits for statewide candidates to $3,000 for statewide candidates and Supreme Court judges, and to $1,000 for legislators and everyone else.

• Requires accelerated reporting for statewide candidates, political committees and electioneering and communications organizations that are statewide -- estimated at about 28 each election year.

• Allows a successful state candidate to retain up to $20,000 in campaign funds, for the same office, for re-election.

• Removes requirement for petition candidates to repay 1 percent assessment before disposing of surplus funds.

Highlights of Senate Bill 2 on ethics:

• Imposes a two-year ban on legislators from becoming executive branch lobbyists.

• Allows the Ethics Commission to initiate investigations.

• Allows elected officials to hold assets in a blind trust but does not prohibit the trust from investing in companies the officials regulate.

• Allows legislators to accept honorarium under state gift ban.

• Loosens limits on dual employment from previous versions of the bill -- exempting legislators if several criteria are all met -- such as having the job publicly advertised and being qualified for the job.

• Increases time violators can be held accountable for their fines from four to 20 years.

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