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(a) The Legislature declares that it is the purpose of this chapter to:
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(1) require the timely disclosure of contributions to candidates and committees supporting or opposing candidates campaigning for public office;
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(2) require the timely disclosure of expenditures by candidates and committees supporting or opposing candidates campaigning for public office; and
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(3) limit the amounts which may be contributed to such candidates and committees by individuals, corporations, labor organizations and other committees.
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(b) This chapter shall be broadly construed to accomplish the purposes enumerated in this section.