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2001 SESSION

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SB 975 Campaign Finance Disclosure Act; audits of campaign committees.

Introduced by: Nick Rerras | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Campaign Finance Disclosure Act; audits of certain campaign committees. Requires the State Board of Elections to have an audit conducted of each candidate campaign committee for the offices of Governor, Lieutenant Governor, and Attorney General and of no more than four percent of the candidate campaign committees, selected randomly, for the General Assembly. The State Board is authorized to compel production of bank statements for the campaign depository and of receipts and records for campaign expenditures of more than $100 as part of its audit authority. No audit shall be conducted for committees expending less than $25,000. The State Board is required to report its audit findings to the Governor and General Assembly during the February following the election year for the office.


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