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2018 SESSION

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HB 275 Campaigns, certain; voluntary public financing.

Introduced by: Sam Rasoul | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Voluntary public financing of certain campaigns. Creates the Virginia Fair Elections Act (Act) of 2017, which establishes a program for administering public funds to qualified candidates for the purposes of campaigning for office. Funds are awarded as both a lump sum payment and as periodic matching payments for qualifying small contributions. Candidates who participate in the program are limited in the amount of money they may raise and spend for office. Participating candidates also commit to public debates with other participating candidates and to periodic reporting of contributions and expenditures. The bill establishes penalties for participating candidates who violate the provisions of the Act.


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