TO AMEND REPORTING FOR A CANDIDATE FOR CERTAIN MUNICIPAL OFFICES AND FOR COUNTY OFFICE; AND TO AMEND PORTIONS OF THE ARKANSAS CODE THAT RESULTED FROM INITIATED ACT 1 OF 1996.

This bill amends campaign finance reporting requirements for candidates seeking school district, township, municipal, and county offices. It mandates annual reports for candidates not on a ballot and adjusts filing deadlines for certain preelection and supplemental reports. The bill also creates exceptions to preelection reporting for candidates with less than $500 in campaign activity (excluding filing fees) or those running unopposed. Conversely, candidates receiving over $5,000 in contributions will now be required to file monthly preelection reports.