Making adjustments to the schedule for reporting campaign finance expenditure activity.

SB 5840 adjusts Washington State's campaign finance reporting deadlines for political committees. It shortens the deadline for committees organizing near elections from two weeks to three business days, requires annual participation statements by January 1st, and revises monthly reporting rules for continuing committees. The bill directly affects political committees, candidates, and groups making campaign contributions or independent expenditures. Key changes include updating definitions of "participate" in elections and modifying when committees must file reports about contributions and expenditures. These adjustments aim to streamline compliance with campaign finance disclosure requirements.