As the 2024 presidential election draws near, Ron DeSantis has allocated a substantial amount of money to a super PAC to support his campaign, according to state records. This is just one example of how recent changes to campaign finance regulations have impacted Bay County, Florida's politics. In November, Brevard County voters will face an extensive ballot, and the manual accompanying it provides advice on whether Florida committees can make contributions to political entities in other states. Chapter 106 of the Florida Statutes regulates campaign finance for all candidates, including those running for judicial office, political committees, election communication organizations, affiliated party committees, and political parties.
This chapter outlines the rules and regulations that must be followed when it comes to campaign finance. For instance, the chapter states that all contributions must be reported to the state within 10 days of receipt. It also outlines the limits on contributions from individuals and organizations. For instance, individuals are limited to $3,000 per election cycle for candidates running for state office and $5,000 per election cycle for candidates running for federal office.
Organizations are limited to $500 per election cycle for candidates running for state office and $5,000 per election cycle for candidates running for federal office. The chapter also outlines the rules regarding independent expenditures. These are expenditures made by individuals or organizations that are not coordinated with any candidate or political committee. Independent expenditures must be reported within 24 hours of being made. Additionally, the chapter states that any person or organization making independent expenditures must disclose their name and address. Finally, the chapter outlines the rules regarding public financing of campaigns.
This includes providing funds to qualified candidates who agree to abide by certain spending limits. The chapter also outlines the rules regarding disclosure of campaign finances and expenditure reports. These changes to campaign finance regulations have had a significant impact on Bay County's politics. By providing more transparency and accountability in campaign finance, these changes have helped ensure that all candidates are playing by the same rules when it comes to fundraising and spending. Additionally, these changes have helped ensure that all candidates have access to the same resources when it comes to campaigning. Overall, recent changes to campaign finance regulations have had a positive impact on Bay County's politics.
By providing more transparency and accountability in campaign finance, these changes have helped ensure that all candidates are playing by the same rules when it comes to fundraising and spending.