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2004 SESSION

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SB 268 Campaign finance disclosure; provisions for in-kind contributions and independent expenditures.

Introduced by: H. Russell Potts, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED SENATE: (all summaries)

Campaign Finance Disclosure Act; reports of large pre-election in-kind contributions and independent expenditures; penalties. Applies to in-kind contributions and independent expenditures greater than $5,000 in a statewide election or $2,500 in other elections made in the 30 days before a primary or special election or 60 days before a general election to pay for advertisements referring to a clearly identified candidate. The bill requires the maker of the in-kind contribution or independent expenditure and recipient of the in-kind contribution to file a campaign disclosure report on the next business day. The bill provides for a civil penalty of $2,500 for the first failure to report and $5,000 for each subsequent failure in an election cycle.


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