121.005 Legislative findings on electronic storage and retrieval of campaign
217 words·~1 min read·
/ky/121-005A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
finance information.
(1)The General Assembly finds and declares that:
(a)The intent of disclosure of campaign finance information is to make that
information about political contributions and expenditures accessible to the
public;
(b)The volume of campaign finance reports submitted each year to the state
renders it virtually impossible, without the help of computer technology, to
derive meaningful conclusions from the records; and
(c)Computer automation is a necessary and effective means of transmitting,
organizing, storing, and retrieving vast amounts of data submitted by
candidates in election campaigns.
(2)The General Assembly enacts this legislation to accomplish the following:
(a)To improve the existing system of electronic reporting and extend its usage to
more candidates;
(b)To allow concerned persons easy, convenient, and timely access to campaign
finance reports submitted to the state;
(c)To ease the burden on candidates and committees of tabulating, filing, and
maintaining public records of financial activity;
(d)To strengthen both the disclosure and enforcement capabilities of the Registry
of Election Finance;
(e)To cooperate in the standardization of reporting formats among states so that
interstate as well as intrastate sources of political money can be known;
(f)To provide for a fully informed electorate; and
(g)To help restore public trust in the governmental and electoral institutions of
this state.