Legislation champions the Senator’s campaign finance reform package

PHILADELPHIA, April 17, 2013 – The Pennsylvania Senate unanimously adopted a campaign finance reform bill today that state Sen. Larry Farnese (D-Philadelphia) said would provide a better window for Pennsylvania residents who want to know the connection between donors and candidates.

“This is an extremely important first step in changing the way Pennsylvanians learn about the dollars invested in campaigns large and small,” Farnese said. “The more disclosure there is to the public, the greater the public’s knowledge and trust moving forward. Senate Bill 120 moves us in this direction in a big way.”

With SB120, candidates running for auditor general, treasurer, attorney general, governor, lieutenant governor, judge and the General Assembly would be required to electronically file campaign finance reports, and those reports would be available in real time.

The bill would also require any candidate committee or political-action committee that raises or spends $10,000 or more in a calendar year to file additional reports. It increases fees for late filing from a minimum of $250 to a maximum of $500. And it requires anyone using a website to raise campaign dollars to include the website address in campaign reports. Campaign finance reports or statements filed electronically would also be made under oath and subject to penalties for perjury.

“While there will always be money in politics, we cannot allow the draw of significant dollars to diminish the public trust,” Farnese said. “This gets us closer to the calls for campaign finance reform we have heard across the state.

“I commend Sen. Dominic Pileggi for his willingness to find some middle ground on this issue and move this bill forward,” Farnese said.

 

Senator Larry Farnese was elected to the Senate in 2008 to represent Pennsylvania’s First Senatorial District which contains some of Philadelphia’s most unique and vibrant neighborhoods from Port Richmond on the Delaware River to Fairmount Park on the Schuylkill River and South Philadelphia, Center City, the Navy Yard, Philadelphia International Airport.  Senator Farnese serves as the Democratic Chair of the Communications and Technology Committee.  He is also a member of the Appropriations Committee, Banking and Insurance Committee, the Law and Justice Committee and the Judiciary Committee.  His District Office is located at 1802 S. Broad Street in Philadelphia, PA (ph: 215-952-3121) and his Harrisburg Office is located at 543 Main Capitol in Harrisburg, PA (ph: 717-787-5662).  More information about the Senator and his initiatives is available at www.senatorfarnese.com.

 

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