BILL NUMBER: AB 447INTRODUCED BILL TEXT INTRODUCED BY Assembly Members Huffman and Fletcher FEBRUARY 15, 2011 An act relating to the Political Reform Act of 1974. LEGISLATIVE COUNSEL'S DIGEST AB 447, as introduced, Huffman. Political Reform Act of 1974. The Political Reform Act of 1974 provides for the comprehensive regulation of campaign financing, conflicts of interests of public officials, and related matters. This bill would state the intent of the Legislature to enact legislation relating to the Political Reform Act of 1974. Vote: majority. Appropriation: no. Fiscal committee: no. State-mandated local program: no. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. It is the intent of the Legislature to enact legislation relating to the Political Reform Act of 1974.