CAMPAIGN FINANCE – Amends existing law to provide for certain commercial sales to be exempt from certain reporting requirements.

This bill exempts small commercial sales of merchandise by political committees and candidates from detailed campaign finance reporting requirements. Specifically, it removes the need to report individual transactions under $200 if the items are sold as standard retail to the general public (excluding limited-quantity items like 5 or fewer of a specific item). Political committees must still report total sales revenue and cost of goods sold to the secretary of state. The change applies to in-person events and online sales, simplifying recordkeeping for routine merchandise sales while maintaining aggregate reporting. It takes effect July 1, 2025.