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2003 SESSION
HB 1542 Campaign finance disclosure; account to comply; federal requirements.
Introduced by: Robert G. Marshall | all patrons ... notes | add to my profiles | history
SUMMARY AS ENACTED WITH GOVERNOR'S RECOMMENDATION:
Campaign finance disclosure; separate candidate committee account to comply with federal campaign finance law requirements. Permits a candidate to maintain a separate account from his campaign account to demonstrate compliance with federal law requirements such as contribution limits and prohibitions against corporate donations. The proposal is designed to allow federal candidates and officeholders to support state and local candidates and establish their compliance with federal law restrictions on campaign contributions. The bill allows funds held in a federal compliance account to be transferred to an interest bearing account as can be done with funds in a regular campaign account. The bill requires the filing of all state-required campaign finance disclosure reports on a consolidated basis for both the basic campaign account and the special federal compliance account.
SUMMARY AS PASSED:
Campaign finance disclosure; separate candidate committee account to comply with federal campaign finance law requirements. Permits a candidate to maintain a separate account from his campaign account to demonstrate compliance with federal law requirements such as contribution limits and prohibitions against corporate donations. The proposal is designed to allow federal candidates and officeholders to support state and local candidates and establish their compliance with federal law restrictions on campaign contributions. The bill requires the filing of all state-required campaign finance disclosure reports on a consolidated basis for both the basic campaign account and the special federal activity account.
SUMMARY AS PASSED HOUSE:
Campaign finance disclosure; separate candidate committee account to comply with federal campaign finance law requirements. Permits a candidate to maintain a separate account from his campaign account to demonstrate compliance with federal law requirements such as contribution limits and prohibitions against corporate donations. The proposal is designed to allow federal candidates and officeholders to support state and local candidates and establish their compliance with federal law restrictions on campaign contributions. The bill requires the filing of all state-required campaign finance disclosure reports on a consolidated basis for both the basic campaign account and the special federal activity account.
SUMMARY AS INTRODUCED:
Campaign finance disclosure; separate candidate committee account to comply with federal campaign finance law requirements. Permits a candidate to maintain a separate account from his campaign account to demonstrate compliance with federal law requirements such as contribution limits and prohibitions against corporate donations. The proposal is designed to allow federal candidates and officeholders to support state and local candidates and establish their compliance with federal law restrictions on campaign contributions. The bill requires the filing of all state-required campaign finance disclosure reports on a consolidated basis for both the basic campaign account and the special federal activity account.