Campaign finance reporting for the 21st century
We’re not in the business of endorsing legislation here at Red Curve Solutions, but Sens. Jon Tester (D-MT) and Thad Cochran (R-MS) recently proposed a bipartisan bill we can get behind.
Thirty-five senators have now attached their names to the Senate Campaign Disclosure Parity Act (S.375): legislation that requires senatorial candidates to file campaign finance reports electronically to the Federal Election Commission (FEC). Currently, senatorial candidates are required to mail or hand-deliver filings to the Secretary of the Senate’s office while all other federal committees file online. Electronic filings are instantly available to the public, while Senate filings need to be manually scanned and uploaded.
Sen. Tester estimates that the bill will save taxpayers nearly half a million dollars annually.
This legislation will streamline the filing process and, as an added advantage, makes financial data available to voters faster.
Save money—and modernize campaign finance? That’s right up our alley.