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--- version:HA 1 to HB 344+++ version:(document, no version)@@ -1,26 +1,43 @@- SPONSOR:-- Rep. Morrison-- HOUSE OF REPRESENTATIVES-- 153rd GENERAL ASSEMBLY-- HOUSE AMENDMENT NO. 1-- TO-- HOUSE BILL NO. 344-- AMEND House Bill No. 344 after line 87 and before line 88 by inserting the following and redesignating accordingly:-- “Section 6. Amend Subchapter IV, Chapter 80, Title 15 of the Delaware Code by making deletions as shown by strike through and insertions as shown by underline as follows:-- § 8031A. Negative balance prohibited.-- No report submitted under § 8030 or § 8031 of this title may contain a negative ending balance. “Ending balance” means the ending balance from the last reporting period and total receipts from the current reporting period minus total expenditures from the current reporting period. A report containing a negative balance is incomplete and may be considered tardy under § 8044 of this title.- ”.-- SYNOPSIS-- This Amendment prohibits the submission of a campaign finance report with a negative ending balance.+5961530046 Page 1 of 1 Date: May 14, 2026+153rd GENERAL ASSEMBLY+FISCAL NOTE+*REVISED*+BILL: HOUSE BILL NO. 344+SPONSOR: Representative Morrison+DESCRIPTION: AN ACT TO AMEND TITLES 15 AND 29 OF THE DELAWARE CODE RELATING TO+CAMPAIGN FINANCE.+Assumptions:+1. This Act becomes effective upon signature by the Governor. Upon signature, this Act takes effect+on July 1, 2027.+2. This Act clarifies and streamlines the disclosure and enforcement provisions of Delaware’s+Campaign Finance laws, including the following:+a. Requires a political candidate to report the name and contact information of the treasurer+to the State Elections Commissioner (Commissioner) upon formation of the candidate+committee.+b. Requires a political committee to submit written documentation of all loans provided to the+committee.+c. Requires political committees to retain records for 5 years.+d. Requires the Commissioner to provide the Division of Civil Rights and Public Trust with a+monthly list of alleged violations of campaign finance laws and further clarifies that the+Division investigate and prosecute violations of campaign finance laws.+e. Requires the Commissioner to provide biennial training on campaign finance laws to+candidates and the candidate committee’s treasurer.+3. The Department of Elections anticipates that it would require significant programmatic and system+upgrades to its Civix Campaign Finance Reporting System for compliance with the provisions of this+Act.+a. The Department estimates a one-time cost of $1,178,800 for system upgrade and+implementation, with an additional customization to comply with the provisions of this Act+estimated at $184,700.+b. The Department estimates recurring annual operating costs of $18,500 for annual licensing+and maintenance fees beginning in Fiscal Year 2028.+4. Lastly, it is assumed that if other pending legislation impacting the Department of Elections is+passed by the General Assembly and enacted into law, cost efficiencies could be realized. Fiscal+resources requiring significant information technology infrastructure included in this fiscal+projection can be utilized for this Act and other legislation of the 153rd General Assembly.+Cost:+One-Time Ongoing+Fiscal Year 2027: $1,363,500 $18,500+Fiscal Year 2028: $18,500+Fiscal Year 2029: $18,500+Prepared by Julie Fedele+Office of the Controller General
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