Spending limits now apply to registered parties, independent Assembly Members, independent candidates, and other campaign entities during Assembly elections.

Registered parties, independent candidates, and campaign entities can be fined or jailed for up to 2 years if they exceed these spending limits.

Registered parties, independent candidates, and campaign entities must pay the State twice the amount by which they exceeded their spending limit. The Tasmanian Electoral Commission can recover this money as a debt.

The Tasmanian Electoral Commission must set the spending cap each year on 1 January by adjusting for inflation. The Commission must then publish this cap on its website and in the Gazette.

The Tasmanian Electoral Commission can request evidence about the value of items used for election spending and makes the final decision on whether a cost counts as election expenditure.

The Tasmanian Electoral Commission must provide guidelines on what counts as election spending and how to calculate its value.

When reporting spending, people do not need to provide copies of advertising that is already publicly available unless the Tasmanian Electoral Commission specifically asks for them.

Gifts that would normally be considered election spending are now counted toward a recipient's spending limit, unless the gift falls into a category exempt under the regulations.

People reporting election spending must exclude GST from their totals. If an item is used for more than one Assembly election, the cost must be split between those elections.