The bill amends and adds reporting and disclosure requirements in existing campaign finance law (multiple sections of chapter 29B RCW). It requires candidates, treasurers, political committees, sponsors of independent expenditures, sponsors of political advertising, and sponsors of electioneering communications to file specified reports on new schedules, to certify the accuracy of reports, and in many cases to include a certification from contributors or sponsors that contributions or communications over a specified threshold are not financed in any part by a “foreign national” and that foreign nationals were not involved in decisions about those funds. Contributors’ certifications must be retained for at least three years and provided to the commission on request. The commission is given authority to adopt inflation adjustments, forms, and rules to implement the thresholds and filing requirements. The bill makes detailed procedural changes: independent-expenditure filers must file an initial report within five days of an expenditure of $100 or more in a campaign and subsequent reports on set preand post-election schedules; sponsors of certain political advertising near an election must file special 24-hour reports; treasurers and committees must file special reports for $1,000-or-greater contributions during special reporting periods with 48-hour (recipient) and 24-hour (contributor) delivery deadlines; out-of-state committees making expenditures affecting Washington must file monthly statements disclosing contributors and expenditures and include the foreign-national certification; sponsors of electioneering communications must file electronic reports within 24 hours of first publication with detailed source-of-funds and recipient information and must include a foreign-national certification for communications over $6,000 (thresholds are subject to commission rule adjustments). The bill makes failure to report electronically under the electioneering section a violation of the title. This is a procedural and disclosure-focused set of amendments to existing law, not the creation of a new crime (although it designates certain failures to file as violations under the title) and not an express change in criminal penalties in the text provided. Important statutory definitions and some amended sections are not included in the extracted text: the formal definition of “foreign national” is not present here, several referenced RCW amendment texts (including 29B.25.120, 29B.25.130, 29B.25.140, and other portions) are incomplete or cut off, and one reporting provision’s final-report timing is ambiguous in the excerpts provided.

If enacted, campaigns, political committees, treasurers, out-of-state committees, sponsors of independent expenditures and electioneering communications, and organizations that give money will face faster and more detailed reporting and a new certification duty. Any partnership, corporation, association, or similar contributor whose total gifts to a candidate or committee exceed $6,000 must provide a written certification that the funds are not financed by, nor decisions about the money influenced by, a foreign national; candidates and committees must keep those certifications for three years and provide them to the commission on request. Independent spenders must file multiple reports on strict timelines (initial within five days for $100+ spends, periodic pre-election and monthly filings), sponsors of advertising and electioneering communications must file within 24 hours with detailed source-of-funds information and must file electronically, and special reports for large contributions ($1,000) have 24–48 hour delivery rules; various dollar thresholds ($50, $100, $250, $2,550, and $6,000) trigger different disclosure or certification duties and some thresholds will be adjusted annually by commission rule. The practical effects will be more immediate compliance work, likely higher administrative costs, and tighter timing pressure for campaigns, committees, treasurers, out-of-state groups, and donors who bundle gifts through entities; failing to meet electronic filing or quick-report deadlines creates a greater risk of violations. The Public Disclosure Commission gains new rulemaking and enforcement responsibilities to set inflation adjustments and reporting forms. Key details that could affect how burdensome these changes are—such as the statutory definition of “foreign national” and the full text of several amended sections—are not included in the extracted facts, so some implementation and enforcement implications remain uncertain.