Relating to campaign finance; declaring an emergency.

Prohibits candidates for state office from accepting contributions in excess of amounts specified and from sources not specified. Prohibits certain political committees from accepting contributions in excess of amounts specified and from sources not specified. Defines "small donor committee." Establishes Task Force on the Public Financing of Campaigns to conduct analysis and determine best method or methods to publicly finance campaigns in Oregon. Sunsets task force on December 31, 2024. Repeals Ballot Measure 47 (2006), currently held in abeyance, which establishes limits on political campaign contributions and independent expenditures on candidate races and establishes certain campaign finance disclosure requirements. Becomes operative November 6, 2024.