House Bill 252 Alabama 2026 Session

Summary

Primary Sponsor

Mike ShawRepresentative

Republican

Session

2026 Regular Session

Title

Campaign finance; campaign contributions required to be held in federally insured institution

Summary

HB252 would require all campaign contributions to PACs and principal campaign committees to be held in federally insured financial institutions and deposited into a campaign banking account, with expenditures made only from that account.

What This Bill Does

HB252 amends the Fair Campaign Practices Act to require that all campaign contributions be held in a federally insured financial institution and deposited into a campaign bank account. Expenditures must be paid from that account, using checks, electronic transfers, a credit card charged to that account, or petty cash up to $100 per transaction. The changes apply to political action committees and principal campaign committees and take effect on October 1, 2026.

Who It Affects

• Political action committees (PACs) and principal campaign committees: must hold all contributions in federally insured financial institutions and use funds only from the designated campaign account.
• Campaign donors and the general public: contributions to campaigns will be deposited into federally insured accounts, increasing safety and oversight of campaign funds.

Key Provisions

• Requires PACs and principal campaign committees to maintain a campaign banking account and deposit all contributions into that account, with expenditures limited to payments from that account (via check, electronic transfer, credit card charged to that account, or petty cash up to $100 per transaction).
• All contributions must be held in a federally insured financial institution.
• Effective date: October 1, 2026.

AI-generated summary using openai/gpt-5-nano on Feb 11, 2026. May contain errors — refer to the official bill text for accuracy.

Subjects

Elections, Voting, & Campaigns