AN ACT CONCERNING CAMPAIGN FINANCE LAWS, STATUTORILY RECOGNIZED INDIGENOUS TRIBES AND SECURITY FOR CANDIDATES, THEIR FAMILIES AND THEIR CAMPAIGN STAFFS.

This bill updates campaign finance laws by clarifying how state contracts and related business relationships affect political contributions and spending. It specifically defines who counts as a state contractor, including businesses and nonprofits that work with state agencies on contracts valued at $50,000 or more, while explicitly excluding recognized Indigenous tribes from these definitions. The legislation also expands the definition of who is considered a "principal" of a state contractor to include spouses and dependent children aged 18 or older, thereby broadening restrictions on political contributions and expenditures for those connected to state contracting activities. These changes aim to increase transparency in campaign finance by ensuring that individuals with close ties to state contractors are subject to the same contribution limits and reporting requirements as the contractors themselves.