Text: H01989 Text: H01991 Text: H01900 - H01999 Text: H Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Amend House File 697, as amended, passed, and 1 2 reprinted by the House, as follows: 1 3 #1. Page 3, by striking lines 2 through 32, and 1 4 inserting the following: 1 5 "2. a. A contribution shall be deposited in the 1 6 account maintained by the committee within thirty days 1 7 of initial receipt of the contribution by the 1 8 candidate or the committee. An individual who 1 9 receives contributions for a committee without the 1 10 prior authorization of the chairperson of the 1 11 committee or the candidate shall be responsiblefor1 12 either for rendering the contributions to the 1 13 treasurerwithin fifteen days of the date of receipt1 14of the contributions,who shall deposit the 1 15 contribution in the account maintained by the 1 16 committee, or for depositing the contributions in the 1 17 account maintained by the committeewithin seven days1 18of the date of receipt of the contributions, but the 1 19 contribution must be deposited within the thirty-day 1 20 period. 1 21 b. A person who receives contributions for a 1 22 committee shall, not later than fifteen days from the1 23date of receipt of the contributions or on demand of1 24the treasurer,render to the treasurer the 1 25 contributions and an account of the total of all 1 26 contributions, including the name and address of each 1 27 person making a contribution in excess of ten dollars, 1 28 the amount of the contributions, and the date on which 1 29 the contributions were received.The treasurer shall1 30deposit all contributions within seven days of receipt1 31by the treasurer in an account maintained by the1 32committee.1 33 c. All funds of a committee shall be segregated 1 34 from any other funds held by officers, members, or 1 35 associates of the committee or the committee's 1 36 candidate. However, if a candidate's committee 1 37 receives contributions only from the candidate, or if 1 38 a permanent organization temporarily engages in 1 39 activity which qualifies it as a political committee 1 40 and all expenditures of the organization are made from 1 41 existing general operating funds and funds are not 1 42 solicited or received for this purpose from sources 1 43 other than operating funds, then that committee is not 1 44 required to maintain a separate account in a financial 1 45 institution. 1 46 d. The funds of a committee are not attachable for 1 47 the personal debt of the committee's candidate or an 1 48 officer, member, or associate of the committee." 1 49 #2. Page 4, by striking lines 14 through 25 and 1 50 inserting the following: 2 1 "Sec. ___. Section 56.6, subsection 3, paragraph 2 2 b, unnumbered paragraph 1, Code 1997, is amended to 2 3 read as follows: 2 4 The name and mailing address of each person who has 2 5 made one or more contributions of money to the 2 6 committee including the proceeds from any fund-raising 2 7 eventsexcept those reportable under paragraph "f" of2 8this subsection, when the aggregate amount in a 2 9 calendar year exceeds the amount specified in the 2 10 following schedule: 2 11 Sec. ___. Section 56.6, subsection 3, paragraph d, 2 12 Code 1997, is amended to read as follows: 2 13 d. The name and mailing address of each person who 2 14 has made one or more in-kind contributions to the 2 15 committee when the aggregate market value of the in- 2 16 kind contribution in a calendar year exceeds the 2 17 amount specified insubsection 3,paragraph "b", of2 18this section. In-kind contributions shall be 2 19 designated on a separate schedule from schedules 2 20 showing contributions of money and shall identify the 2 21 nature of the contribution and provide its estimated 2 22 fair market value. Items donated for sale at fund- 2 23 raising events shall be reported separately from other 2 24 in-kind contributions on the schedule reporting in- 2 25 kind contributions, and shall include only the name 2 26 and mailing address of the person donating the item, a 2 27 description of the item, and the price for which the 2 28 item is sold at the fund-raiser. The total price 2 29 received for such items shall be reported as a 2 30 contribution under paragraph "b", and shall not be 2 31 included in the total estimated fair market value of 2 32 other in-kind contributions under this paragraph. 2 33 Sec. ___. Section 56.6, subsection 3, paragraph f, 2 34 Code 1997, is amended by striking the paragraph. 2 35 Sec. ___. Section 56.6, subsection 3, paragraph i, 2 36 Code 1997, is amended to read as follows: 2 37 i. If a person listed under paragraph "b", "d", or 2 38 "e", or "f"as making a contribution or loan to or 2 39 purchase from a candidate's committee is related to 2 40 the candidate within the third degree of consanguinity 2 41 or affinity, the existence of that person's family 2 42 relationship shall be indicated on the report." 2 43 #3. Page 5, by striking lines 23 through 31, and 2 44 inserting the following: 2 45 "1. A candidate and the candidate's committee 2 46 shall use campaign funds only for campaign purposes, 2 47 educational and other expenses associated with the 2 48 duties of office, or constituency services, and shall 2 49 not use campaign funds for personal expenses or 2 50 personal benefit.The purchase of subscriptions to3 1newspapers from or which circulate within the area3 2represented by the office which a candidate is seeking3 3or holds is presumed to be an expense that is3 4associated with the duties of the campaign for and3 5duties of office.The candidate and the candidate's 3 6 committee shall, in reports filed with the board, 3 7 explain each expenditure of funds, but need not 3 8 categorize each expenditure as for campaign purposes, 3 9 educational expense, an expense associated with the 3 10 duties of office, or for constituency services. Board 3 11 review of the explanations pursuant to section 3 12 68B.32A, subsection 3, shall be limited to confirming 3 13 that the explanation describes a permitted use of 3 14 campaign funds under this division." 3 15 #4. Page 5, by striking lines 32 and 33. 3 16 #5. Page 6, by inserting after line 19, the 3 17 following: 3 18 "Sec. ___. Section 56.42, subsection 2, Code 1997, 3 19 is amended to read as follows: 3 20 2. a. If an unexpended balance of campaign funds 3 21 remains in the committee's account when a candidate's 3 22 committee dissolves, the unexpended balance shall be 3 23 transferred pursuant to subsection 1. 3 24 b. If an unexpended balance of campaign funds 3 25 remains in the account of a candidate's committee for 3 26 at least seven years after the candidate's last day of 3 27 service in a public office, the unexpended balance 3 28 shall be transferred pursuant to subsection 1, 3 29 paragraph "b"." 3 30 #6. Page 9, lines 22 and 23, by striking the words 3 31 "rules adopted by" and inserting the following: 3 32 "rules, policies, and procedures of". 3 33 #7. Page 9, by inserting after line 23 the 3 34 following: 3 35 "Sec. . RETROACTIVE APPLICABILITY. The portion 3 36 of this Act that amends Code section 56.42, subsection 3 37 2, paragraph "b", is retroactively applicable to all 3 38 candidate's committees, and is applicable six months 3 39 after enactment. The ethics and campaign disclosure 3 40 board shall notify, prior to the effective date of 3 41 that provision, all candidate's committees to which 3 42 the provision would require the transfer of funds 3 43 because the candidate has been out of public office 3 44 for seven or more years." 3 45 #8. By renumbering, relettering, or redesignating 3 46 and correcting internal references as necessary. 3 47 HF 697S 3 48 jls/cc/26
Text: H01989 Text: H01991 Text: H01900 - H01999 Text: H Index Bills and Amendments: General Index Bill History: General Index
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