Prohibits candidates from serving as the treasurer of their own candidate committee

HB 2465 prohibits candidates from serving as the treasurer of their own campaign committees, requiring them to appoint a separate individual to manage financial records and disburse funds. This change aims to increase transparency and accountability by ensuring that a candidate's campaign finances are overseen by an independent party rather than the candidate themselves. The bill also mandates that all campaign contributions and expenditures be processed through a designated official bank account, preventing the commingling of personal and campaign funds. Candidates who do not comply with these requirements must form a formal candidate committee and designate a treasurer who resides in the same state and district as the committee.