AN ACT CONCERNING REFERENDA, INDEPENDENT EXPENDITURES AND OTHER CAMPAIGN FINANCE CHANGES.

SB 1517 removes spending limits on independent campaign activities, allowing groups to make unlimited spending to support or oppose candidates or referendums without coordinating with campaigns. It directly affects political committees, businesses, and individuals making such independent expenditures. The bill requires these groups to file detailed reports within 24 hours for any spending over $1,000, with specific deadlines tied to election cycles. This changes reporting rules but does not alter contribution limits for candidate committees.