SB 692 — Campaign finance; independent expenditure reports, electronic filing required.
Last action — Acts of Assembly Chapter text (CHAP0258)
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✓Introduced
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✓In Committee
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✓Passed Senate
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✓Passed House of Delegates
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced January 19, 2024. Enacted.
Signed by Governor Glenn Youngkin (Republican) on March 28, 2024.
Odds of enactment
High chanceBased on the sponsor, cosponsors, and committee posture, this bill has a high chance of becoming law.
Upgrade to see the exact probability and what's driving it.
A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
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Enacted
Current position in the legislative process.
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1 sponsor
1 primary, 0 co-sponsors signed on.
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Cleared a recorded vote
Passed 6 recorded votes so far.
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
Summary
Campaign finance; independent expenditure reports, electronic filing required. Requires independent expenditure reports to be filed electronically. Current law allows such reports to be filed either electronically or in writing. The bill has a delayed effective date of July 1, 2025. This bill is identical to HB 730.
Bill Text
What changed in the latest version
33 added · 32 removedPlain-language change summary
The new version of Bill SB 692 makes a crucial change by requiring independent expenditure reports to be filed electronically. This applies to individuals and groups that spend over $1,000 for statewide elections or over $200 for other elections. The update aims to streamline the reporting process and improve transparency in campaign finance by ensuring that these disclosures are submitted more efficiently. This electronic filing requirement helps make the information more accessible to the public, promoting greater accountability in political spending.
SESSION ENROLLED VIRGINIA ACTS OF ASSEMBLY ––-- 2024 SESSION CHAPTER E258 An Act to amend and reenact § 24.2-945.2 of the Code of Virginia, relating to campaign finance;Nfinance; independent expenditure reports;
independent expenditure reports;
R[S O692] Approved [SMarch 692]28, L2024 Be it enacted by the General Assembly of Virginia:
L 1.
E § 24.2-945.2.
filing Ddeadline. deaA.
AnyA. person, candidate campaign committee, or political committee that makes independent expenditures, in the aggregate during an election cycle, of $1,000 or more for a statewide election or $200 or more for any other election shall maintain records and report pursuant to this chapter all such independent expenditures made for the purpose of expressly advocating the election or defeat of a clearly identified candidate.
B.Any person, candidate campaign committee, or political committee that makes independent expenditures, in the aggregate during an election cycle, of $1,000 or more for a statewide election or $200 or more for any other election shall maintain records and report pursuant to this chapter all such clearly identified candidate.
Independentfor expenditurethe reportspurpose shall be due (i) within 24 hours of theexpressly timeadvocating when the fundselection were section, are published or broadcastdefeat toof thea public,B. whichever (i) or (ii) first occurs.
TheIndependent expenditure reports shall be fileddue with(i) thewithin State24 Boardhours ifof the time when the funds were expended to support or oppose(ii) awithin candidate24 forhours statewideof office or the Generaltime Assemblywhen ormaterials, withas thedescribed generalin registrarsubsection A of thethis countysection, orare citypublished inor whichbroadcast theEcandidateto resides if the fundspublic, werewhichever expended(i) to support or oppose(ii) afirst candidateoccurs. for local office.
The reportreports shall be filed bywith athe politicalState actionBoard committeeif the funds were expended to support or politicaloppose partya committeecandidate shallfor includestatewide office or the informationGeneral requiredAssembly foror awith statementthe general registrar of organizationthe ascounty listedor city in subdivisionswhich Athe 1candidate throughresides Aif 8the offunds §were 24.2-949.2expended orto subdivisionssupport 1or onoppose filea withcandidate thefor Statelocal Board.office.
The report filed by a political action committee or political party committee shall include the information required for a statement of organization as listed in subdivisions A 1 through A 8 of § 24.2-949.2 or subdivisions 1 through 6 of § 24.2-950.2, as appropriate, unless the committee has a current statement of organization C.on file with the State Board.
C.
If the report is filed in writing, the report shall be (i) received by the State Board or the general registrar, as appropriate, within 24 hours of the time when the funds were expended or (ii) transmitted to the State Board or the general registrar, as appropriate, by telephonic transmission to a facsimile device within 24 hours of the time when the funds were expended with an original copy of the report mailed to the State Board or theethe time general registrar, as appropriate, and postmarked within 24 hours of the time when the funds were expended.
View plain text versions (4)
- CHAP0258 View text Current pdf March 28, 2024
- SB692ER View text pdf February 26, 2024
- Engrossed Printed as engrossed 24105247D-E pdf February 08, 2024
- Presented and ordered printed 24105247D View text pdf January 19, 2024
Action History
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Acts of Assembly Chapter text (CHAP0258)
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Approved by Governor-Chapter 258 (effective 7/1/25)
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Governor's Action Deadline 11:59 p.m., April 8, 2024
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Enrolled Bill Communicated to Governor on March 11, 2024
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Signed by President
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Impact statement from DPB (SB692ER)
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Signed by Speaker
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Bill text as passed Senate and House (SB692ER)
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Enrolled
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VOTE: Block Vote Passage (100-Y 0-N)
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Passed House BLOCK VOTE (100-Y 0-N)
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Read third time
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Read second time
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Reported from Privileges and Elections (21-Y 0-N)
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Referred to Committee on Privileges and Elections
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Read first time
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Placed on Calendar
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Impact statement from DPB (SB692E)
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Passed Senate (40-Y 0-N)
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Constitutional reading dispensed (40-Y 0-N)
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Printed as engrossed 24105247D-E
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Engrossed by Senate as amended SB692E
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Committee amendment agreed to
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Reading of amendment waived
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Read second time
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Constitutional reading dispensed (40-Y 0-N)
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Reported from Privileges and Elections with amendment (14-Y 0-N)
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Impact statement from DPB (SB692)
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Senate committee, floor amendments and substitutes offered
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Referred to Committee on Privileges and Elections
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Presented and ordered printed 24105247D
Sponsors
- Russet Perry · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 147 not signed on
Sponsors (1)
Co-sponsors (0)
None.
Not signed on (147)
147 members have not signed on to this bill.
Show all 147 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 99 | 0 | 0 | 0 |
| Total | 99 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (99)
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 21 | 0 | 0 | 1 |
| Total | 21 | 0 | 0 | 1 |
| % of votes cast | 95% | 0% | 0% | 5% |
How each member voted (22)
| Member | Party | Vote |
|---|---|---|
| Bonita G. Anthony | — | Yea |
| Convirs-Fowler, Kelly K. | — | Not Voting |
| David A. Reid | — | Yea |
| Eric Phillips | — | Yea |
| Gilbert, C. Todd | — | Yea |
| Green, W. Chad | — | Yea |
| H. Otto Wachsmann, Jr. | — | Yea |
| Israel D. O'Quinn | — | Yea |
| Jackie H. Glass | — | Yea |
| James A. "Jay" Leftwich | — | Yea |
| Joshua G. Cole | — | Yea |
| Kannan Srinivasan | — | Yea |
| LeVere Bolling, Destiny | — | Yea |
| Maldonado, Michelle Lopes | — | Yea |
| Marcia S. "Cia" Price | — | Yea |
| Mike A. Cherry | — | Yea |
| Milde, Paul V. | — | Yea |
| Paul E. Krizek | — | Yea |
| Phillip A. Scott | — | Yea |
| Robert S. Bloxom, Jr. | — | Yea |
| Rozia A. Henson, Jr. | — | Yea |
| Sickles, Mark D. | — | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 40 | 0 | 0 | 0 |
| Total | 40 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (40)
| Member | Party | Vote |
|---|---|---|
| Aaron R. Rouse | — | Yea |
| Angelia Williams Graves | — | Yea |
| Barbara A. Favola | — | Yea |
| Bill DeSteph | — | Yea |
| Bryce E. Reeves | — | Yea |
| Carroll Foy, Jennifer D. | — | Yea |
| Christie New Craig | — | Yea |
| Christopher T. Head | — | Yea |
| Danica A. Roem | — | Yea |
| David R. Suetterlein | — | Yea |
| David W. Marsden | — | Yea |
| Ebbin, Adam P. | — | Yea |
| Emily M. Jordan | — | Yea |
| Glen H. Sturtevant, Jr. | — | Yea |
| Hashmi, Ghazala F. | — | Yea |
| J.D. "Danny" Diggs | — | Yea |
| Jennifer B. Boysko | — | Yea |
| Jeremy S. McPike | — | Yea |
| L. Louise Lucas | — | Yea |
| Lamont Bagby | — | Yea |
| Lashrecse D. Aird | — | Yea |
| Mamie E. Locke | — | Yea |
| Mark D. Obenshain | — | Yea |
| Mark J. Peake | — | Yea |
| McGuire, John J., III | — | Yea |
| R. Creigh Deeds | — | Yea |
| Richard H. Stuart | — | Yea |
| Russet Perry | — | Yea |
| Ryan T. McDougle | — | Yea |
| Saddam Azlan Salim | — | Yea |
| Schuyler T. VanValkenburg | — | Yea |
| Scott A. Surovell | — | Yea |
| Stella G. Pekarsky | — | Yea |
| Subramanyam, Suhas | — | Yea |
| T. Travis Hackworth | — | Yea |
| Tammy Brankley Mulchi | — | Yea |
| Tara A. Durant | — | Yea |
| Timmy French | — | Yea |
| Todd E. Pillion | — | Yea |
| William M. Stanley, Jr. | — | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 40 | 0 | 0 | 0 |
| Total | 40 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (40)
| Member | Party | Vote |
|---|---|---|
| Aaron R. Rouse | — | Yea |
| Angelia Williams Graves | — | Yea |
| Barbara A. Favola | — | Yea |
| Bill DeSteph | — | Yea |
| Bryce E. Reeves | — | Yea |
| Carroll Foy, Jennifer D. | — | Yea |
| Christie New Craig | — | Yea |
| Christopher T. Head | — | Yea |
| Danica A. Roem | — | Yea |
| David R. Suetterlein | — | Yea |
| David W. Marsden | — | Yea |
| Ebbin, Adam P. | — | Yea |
| Emily M. Jordan | — | Yea |
| Glen H. Sturtevant, Jr. | — | Yea |
| Hashmi, Ghazala F. | — | Yea |
| J.D. "Danny" Diggs | — | Yea |
| Jennifer B. Boysko | — | Yea |
| Jeremy S. McPike | — | Yea |
| L. Louise Lucas | — | Yea |
| Lamont Bagby | — | Yea |
| Lashrecse D. Aird | — | Yea |
| Mamie E. Locke | — | Yea |
| Mark D. Obenshain | — | Yea |
| Mark J. Peake | — | Yea |
| McGuire, John J., III | — | Yea |
| R. Creigh Deeds | — | Yea |
| Richard H. Stuart | — | Yea |
| Russet Perry | — | Yea |
| Ryan T. McDougle | — | Yea |
| Saddam Azlan Salim | — | Yea |
| Schuyler T. VanValkenburg | — | Yea |
| Scott A. Surovell | — | Yea |
| Stella G. Pekarsky | — | Yea |
| Subramanyam, Suhas | — | Yea |
| T. Travis Hackworth | — | Yea |
| Tammy Brankley Mulchi | — | Yea |
| Tara A. Durant | — | Yea |
| Timmy French | — | Yea |
| Todd E. Pillion | — | Yea |
| William M. Stanley, Jr. | — | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 40 | 0 | 0 | 0 |
| Total | 40 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (40)
| Member | Party | Vote |
|---|---|---|
| Aaron R. Rouse | — | Yea |
| Angelia Williams Graves | — | Yea |
| Barbara A. Favola | — | Yea |
| Bill DeSteph | — | Yea |
| Bryce E. Reeves | — | Yea |
| Carroll Foy, Jennifer D. | — | Yea |
| Christie New Craig | — | Yea |
| Christopher T. Head | — | Yea |
| Danica A. Roem | — | Yea |
| David R. Suetterlein | — | Yea |
| David W. Marsden | — | Yea |
| Ebbin, Adam P. | — | Yea |
| Emily M. Jordan | — | Yea |
| Glen H. Sturtevant, Jr. | — | Yea |
| Hashmi, Ghazala F. | — | Yea |
| J.D. "Danny" Diggs | — | Yea |
| Jennifer B. Boysko | — | Yea |
| Jeremy S. McPike | — | Yea |
| L. Louise Lucas | — | Yea |
| Lamont Bagby | — | Yea |
| Lashrecse D. Aird | — | Yea |
| Mamie E. Locke | — | Yea |
| Mark D. Obenshain | — | Yea |
| Mark J. Peake | — | Yea |
| McGuire, John J., III | — | Yea |
| R. Creigh Deeds | — | Yea |
| Richard H. Stuart | — | Yea |
| Russet Perry | — | Yea |
| Ryan T. McDougle | — | Yea |
| Saddam Azlan Salim | — | Yea |
| Schuyler T. VanValkenburg | — | Yea |
| Scott A. Surovell | — | Yea |
| Stella G. Pekarsky | — | Yea |
| Subramanyam, Suhas | — | Yea |
| T. Travis Hackworth | — | Yea |
| Tammy Brankley Mulchi | — | Yea |
| Tara A. Durant | — | Yea |
| Timmy French | — | Yea |
| Todd E. Pillion | — | Yea |
| William M. Stanley, Jr. | — | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 14 | 0 | 0 | 1 |
| Total | 14 | 0 | 0 | 1 |
| % of votes cast | 93% | 0% | 0% | 7% |
How each member voted (15)
| Member | Party | Vote |
|---|---|---|
| Aaron R. Rouse | — | Yea |
| Bill DeSteph | — | Yea |
| Carroll Foy, Jennifer D. | — | Yea |
| Danica A. Roem | — | Yea |
| Ebbin, Adam P. | — | Yea |
| Glen H. Sturtevant, Jr. | — | Yea |
| J.D. "Danny" Diggs | — | Yea |
| McGuire, John J., III | — | Not Voting |
| R. Creigh Deeds | — | Yea |
| Russet Perry | — | Yea |
| Saddam Azlan Salim | — | Yea |
| Schuyler T. VanValkenburg | — | Yea |
| T. Travis Hackworth | — | Yea |
| Tammy Brankley Mulchi | — | Yea |
| Tara A. Durant | — | Yea |
Subjects
Frequently asked questions
- What does SB 692 do?
- Campaign finance; independent expenditure reports, electronic filing required. Requires independent expenditure reports to be filed electronically. Current law allows such reports to be filed either electronically or in writing. The bill has a delayed effective date of July 1, 2025. This bill is identical to HB 730.
- Who sponsors SB 692?
- SB 692 is sponsored by Russet Perry.
- What is the current status of SB 692?
- This bill has been enacted into law. Introduced January 19, 2024. Enacted.
- Where can I track SB 692?
- Track SB 692 free on One Click Politics — get push/email alerts when it moves.
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