SB 543 - This act requires all 501(c)(4) organizations to make certain disclosures regarding expenditures for the purpose of electioneering activities by means of covered communications made in the previous calendar year. The act further imposes a 48-hour reporting requirement for certain expenditures or certain contributions made in excess of $5,000. The Ethics Commission is required to assess fees on the board of directors of any covered organization in the same manner as are assessed against certain public officials who fail to file financial interest statements. This act is effective beginning January 1, 2016. SCOTT SVAGERA