Hundreds of new political spending committees have emerged across Florida sparked by the Legislature’s latest campaign finance overhaul — a move hailed by Republican leaders but drawing little more than shrugs from ethics advocates.
The new fund-raising vehicles replace committees of continuous existence, which officially closed forever Monday. CCEs were criticized for years as being little more than slush funds that allowed state lawmakers to collect and spend unlimited amounts of campaign cash.
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New campaign finance law
These parts go into effect Nov. 1:
- Increases campaign finance reporting to monthly, from quarterly reports.
- Boosts individual contribution limits from $500 to $3,000 for statewide and Supreme Court candidates; t to $1,000 for legislative, county and city candidates.
- Allows candidates for state office to keep $20,000 in surplus funds for next election; limits them from giving more than $25,000 in leftover cash to political party.