Plain English Breakdown
The official source material did not provide details on the specific legal procedures for updating or changing the rules, so this claim was removed.
Campaign Finance Disclosure Rules
This bill requires the Tennessee Registry of Election Finance to provide examples of in-kind contributions that need to be disclosed to lawmakers and candidates for state office.
What This Bill Does
- Requires the Registry of Election Finance to create rules about what counts as an 'in-kind contribution'.
- The registry must give these rules to each member of the General Assembly at the start of every year.
- Candidates running for state office also get a copy within one week after they name their treasurer.
Who It Names or Affects
- Members of the Tennessee General Assembly
- Candidates for state office in Tennessee
Terms To Know
- In-kind contribution
- A type of donation given not as money but through goods or services, which must be reported.
- Registry of Election Finance
- The agency responsible for managing and enforcing campaign finance rules in Tennessee.
Limits and Unknowns
- It is unclear how the new rules will affect current practices.
- The bill does not specify penalties for failing to comply with these disclosure requirements.