This section applies to a political committee other than a political club. A political committee shall provide, with the filing required by § 13-207(c) of this subtitle, a statement of organization that includes its name and a statement of purpose. The statement of purpose shall specify: each candidate or ballot question, if any, that the political committee was formed to promote or defeat; the identity of each special interest, including any business or occupation, that the organizers of or contributors to the political committee have in common; and whether the political committee will participate in presidential, gubernatorial, Baltimore City, or multiple elections. A political committee may not use a name that is intended or operates to deceive people as to the political committee’s true nature or character. A political committee established by and for a single candidate shall disclose within the political committee’s name the name of the candidate. A political committee sponsored by or affiliated with another entity or group shall identify within the political committee’s name the other entity or group. A change in the information reported under this section shall be disclosed in the campaign finance report next filed by the political committee.