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2003 SESSION

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HB 2304 Political committees; passage or defeat of referenda; disclosure.

Introduced by: Jeannemarie Devolites | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED:

Political committees advocating passage or defeat of referenda; disclosure. Requires a political committee to comply with the requirements of the Campaign Finance Disclosure Act and file a statement of organization and contribution and expenditure reports if the committee makes expenditures in a calendar year to advocate the passage or defeat of (i) a statewide referendum in excess of $10,000, (ii) a referendum held in two or more counties and cities in excess of $5,000, and (iii) a referendum held in a single county or city in excess of $1,000. The bill modifies the requirements for the statement of organization, requires a separate account be maintained for expenditures related to a referendum, and exempts advertisements by such committees from certain disclosure statement requirements.

SUMMARY AS PASSED HOUSE:

Political committees advocating passage or defeat of referenda; disclosure. Requires a political committee to comply with the requirements of the Campaign Finance Disclosure Act and file a statement of organization and contribution and expenditure reports if the committee makes expenditures in a calendar year to advocate the passage or defeat of (i) a statewide referendum in excess of $10,000, (ii) a referendum held in two or more counties and cities in excess of $5,000, and (iii) a referendum held in a single county or city in excess of $1,000. The bill modifies the requirements for the statement of organization, requires a separate account be maintained for expenditures related to a referendum, and exempts advertisements by such committees from certain disclosure statement requirements.

SUMMARY AS INTRODUCED:

Political committees advocating passage or defeat of referenda; disclosure. Requires a political committee to comply with the requirements of the Campaign Finance Disclosure Act and file a statement of organization and contribution and expenditure reports if the committee receives contributions or makes expenditures in a 12-month period to advocate the passage or defeat of (i) a statewide referendum in excess of $30,000, (ii) a referendum held in 2 or more counties and cities in excess of $20,000, and (iii) a referendum held in a single county or city in excess of $10,000. The bill modifies the requirements for the statement of organization and reports of contributions and expenditures applicable to such committees.