Modifies requirements for campaign contributions

HB 1788 modifies campaign finance rules by limiting anonymous contributions to $25 or less, requiring all contributors to provide their name and address, and mandating that any anonymous contribution over $25 be returned or escheated to the state. It sets a $50 limit on single cash expenditures and caps annual cash spending at $5,000 or 10% of total committee spending. The bill also requires disclosure of contributor and recipient details for all transactions, prohibits accepting out-of-state committee contributions without proper filing, and mandates clear "Paid for by" identification on campaign materials. These changes directly affect political committees, candidates, and contributors by increasing transparency and restricting anonymous funding.