Requiring certain disclosures of election expenditures

HB 4848 requires individuals and organizations spending over $1,000 on election-related activities (like ads supporting or opposing candidates) to disclose detailed information about their spending. This includes listing the names, addresses, occupations, and employers of contributors who gave more than $1,000 for the purpose of the spending, with specific details for individuals and entities. The bill also mandates that last-minute spending (within 12 hours of an election) must be reported within 24 hours. The Secretary of State will compile and publish these disclosures by candidate to increase transparency in election financing.