HB480
Elections; campaign finance, federal political action committees, reporting requirements.
Status:
In House
Latest Action:
Jan. 21, 2026
House: Fiscal Impact Statement from Department of Planning and Budget (HB480)
Chief Patron:
Dan Helmer (D)
Session:
2026 Regular Session
Summary
As Introduced. Elections; campaign finance; federal political action committees; reporting requirements.
Requires a federal political action committee that makes contributions of $50,000 or more to a candidate for statewide office, $25,000 or more to a candidate for an office in the General Assembly, or $10,000 or more to a candidate for any other office of the Commonwealth to make scheduled reports ... (More) of its contributions and contributors to the State Board of Elections. The bill also requires federal political action committees that are required to make such scheduled reports to also report (i) any single contribution or loan of $10,000 or more received at any time during the calendar year within three business days of receipt of the contribution or loan and (ii) any single contribution received or expenditure made of $1,000 or more between May 26 and the third Tuesday in June in odd-numbered years and between October 8 and the date of the November general election in any year by 11:59 p.m. on the day following the contribution or expenditure. (Less)-
Bill History
- 01/12/2026 - House: Prefiled and ordered printed; Offered 01-14-2026 26104968D
- 01/12/2026 - House: Referred to Committee on Privileges and Elections
- 01/19/2026 - House: Assigned HPE sub: Campaign and Candidates
- 01/19/2026 - House: Placed on Privileges and Elections Agenda
- 01/21/2026 - House: Fiscal Impact Statement from Department of Planning and Budget (HB480)
