SB 18-075

Senate Bill 18-075 sets limits on how much money individuals and small donor committees can contribute to candidates running for school district director in Colorado. The bill caps contributions from non-small donor groups at $500 per candidate, while contributions from small donor committees are limited to $5,000 per candidate. This means that large donations will be restricted, promoting a more balanced funding system for these elections. Since the bill has been signed into law, it is now enforceable and affects all future school district director campaigns in Colorado.

Official Summary

Current law regulating campaign finance does not set limits on contributions to candidates for school district director. Section 2 of the bill: Sets aggregate limits on contributions to candidates for school district director from persons other than small donor committees for any regular biennial or special school election in the amount of $500; and Sets aggregate limits on contributions to candidates for school district director from small donor committees for any regular biennial or special school election in the amount of $5,000. Section 3 subjects the new contribution limits to existing statutory provisions governing the disclosure of campaign contributions. Section 4 contains requirements governing when a candidate for school district director is required to disclose information concerning campaign contributions and clarifies that such candidates are required to file their disclosure with the secretary of state.(Note: This summary applies to this bill as introduced.) , Read More