Text: SF00304 Text: SF00306 Text: SF00300 - SF00399 Text: SF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Section 1. Section 56.5A, Code 1997, is amended to read as
1 2 follows:
1 3 56.5A CANDIDATE'S COMMITTEE.
1 4 1. Each candidate for state, county, city, or school
1 5 office shall organize one, and only one, candidate's committee
1 6 for a specific office sought when the candidate receives
1 7 contributions in excess of five hundred dollars in the
1 8 aggregate, makes expenditures in excess of five hundred
1 9 dollars in the aggregate, or incurs indebtedness in excess of
1 10 five hundred dollars in the aggregate in a calendar year.
1 11 2. A political committee shall not be established to
1 12 support or oppose only one candidate for office, except that a
1 13 political committee may be established to support or oppose
1 14 approval of a single judge standing for retention.
1 15 3. a. A candidate's committee shall accept contributions
1 16 from sources other than individuals who permanently reside
1 17 within the district represented by the office to which the
1 18 candidate presently seeks election, only to the extent that
1 19 the candidate's committee has received and deposited in the
1 20 candidate's campaign account, an equal or greater total of
1 21 contributions from individuals who permanently reside within
1 22 the district.
1 23 b. A candidate who accepts a contribution in violation of
1 24 this subsection shall be fined civilly in an amount equal to
1 25 ten times the amount by which the contribution exceeded the
1 26 permitted limit. The fine proceeds shall be deposited in the
1 27 Iowa election campaign fund created by section 56.19.
1 28 EXPLANATION
1 29 This bill amends Code chapter 56 to restrict a candidate's
1 30 committee in its acceptance of contributions from individuals
1 31 who reside outside the candidate's district. A candidate
1 32 could accept funds from such sources only up to the amount of
1 33 funds that the candidate has collected from individuals who
1 34 permanently reside within the candidate's district. The
1 35 penalty for violation of this prohibition would be a civil
2 1 fine equal to 10 times the amount accepted in excess of the
2 2 limitation.
2 3 LSB 1963XS 77
2 4 jls/sc/14.1
Text: SF00304 Text: SF00306 Text: SF00300 - SF00399 Text: SF Index Bills and Amendments: General Index Bill History: General Index
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