Text: SF00508 Text: SF00510 Text: SF00500 - SF00599 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 voters registered within the district
1 17 represented by the office to which the candidate presently
1 18 seeks election, only to the extent that the candidate's
1 19 committee has received and deposited in the candidate's
1 20 campaign account, an equal or greater total of contributions
1 21 from voters registered within the district.
1 22 b. A candidate who accepts a contribution in violation of
1 23 this subsection shall be fined civilly in an amount equal to
1 24 ten times the amount by which the contribution exceeded the
1 25 permitted limit. The fine proceeds shall be deposited in the
1 26 Iowa election campaign fund created by section 56.19.
1 27 EXPLANATION
1 28 This bill amends Code chapter 56 to restrict a candidate's
1 29 committee in its acceptance of contributions from sources
1 30 other than registered voters within the candidate's district.
1 31 A candidate could accept funds from such sources only up to
1 32 the amount of funds that the candidate has collected from
1 33 voters registered within the candidate's district. The
1 34 penalty for violation of this prohibition would be a civil
1 35 fine equal to 10 times the amount accepted in excess of the
2 1 limitation.
2 2 LSB 1963SV 77
2 3 jls/sc/14
Text: SF00508 Text: SF00510 Text: SF00500 - SF00599 Text: SF Index Bills and Amendments: General Index Bill History: General Index
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