Plain English Breakdown
The official source material does not provide details about how or when audits will be conducted, nor does it specify broader updates to election finance laws beyond increasing audit percentages.
Campaign Finance Audit Increase
This bill changes the percentage of general assembly candidates and their committees who will be selected for an audit by the registry of election finance from 4% to 5%
What This Bill Does
- Changes the law so that 5 percent of all general assembly candidates are chosen for audits instead of 4 percent.
Who It Names or Affects
- General Assembly candidates
- Campaign committees
Terms To Know
- Registry of Election Finance
- The agency that oversees the financial aspects of elections and campaigns in Tennessee.
Limits and Unknowns
- Does not specify how or when the audits will be conducted.
- It is unclear what specific changes this bill will bring to election finance laws beyond increasing audit percentages.