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2014 SESSION

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HB 226 Campaign finance; contributions from certain organizations.

Introduced by: John M. O'Bannon, III | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Campaign finance; contributions from certain organizations. Requires political action committees to include in campaign finance reports single or aggregate contributions that exceed $5,000 from organizations holding tax-exempt status under § 501(c)(4) of the Internal Revenue Code. The bill also requires that certain information about the contributing organization, including information about donors in particular circumstances, be disclosed in the report of the political action committee. The bill subjects single organizations whose contributions exceed $50,000 in a calendar year, or organizations with one or more contributors in common with other organizations whose total contributions combined exceed $50,000 in a calendar year, to current requirements for out-of-state political committees.


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