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2001 SESSION

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015918536
HOUSE BILL NO. 2115 Offered January 10, 2001 Prefiled January 10, 2001 A BILL to amend the Code of Virginia by adding in Chapter 9 of Title 24.2 an article numbered 4.1, consisting of a section numbered 24.2-928.1, relating to audits of campaigns for local governing bodies. ---------- Patrons-- Suit and McDonnell ---------- Referred to Committee on Privileges and Elections ----------

Be it enacted by the General Assembly of Virginia:

1. That the Code of Virginia is amended by adding in Chapter 9 of Title 24.2 an article numbered 4.1, consisting of a section numbered 24.2-928.1, as follows:

Article 4.1. Audits of Campaigns for the Local Governing Body.

§ 24.2-928.1. Audits of campaigns for the local governing body.

A. The provisions of this section shall apply to elections for the governing body of any county or city, or any town having a population of 25,000 or more.

B. The candidate and campaign treasurer shall maintain the campaign depository and records for the campaign in compliance with the provisions of this chapter. In addition, the candidate and campaign treasurer shall provide for an audit of the records of the campaign committee if the expenditures by the campaign committee during the campaign exceed $10,000.

C. The candidate and campaign treasurer required to provide for an audit shall obtain an audit of the records of the campaign committee by a certified public accountant and forward the report of the audit to the State Board of Elections within ninety days of the date of the election to the office. The costs of the audit shall be paid by the campaign committee. The State Board shall provide instructions for the scope and content of the audit.

D. The State Board shall respond to irregularities revealed by the audit and shall seek action by the appropriate local electoral board or attorney for the Commonwealth to correct any irregularity in the reports filed by the campaign committee and to enforce any applicable penalty provided by this title for any irregularity constituting a violation of law.

2. That the provisions of this act shall apply to elections held after January 1, 2002.