Political Reform Act of 1974: committee termination.

Summary

The bill requires the Secretary of State to notify political committees that receive $2,000 or more in contributions each year when they meet certain inactivity criteria, and allows the committee to be terminated if no objection is filed within 180 days. It targets committees that have failed to file a campaign report for at least a year and have low cash balances or erroneous organization filings. The measure aims to keep inactive committees off the record and improve campaign‑finance transparency.

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