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Senate File 62

Partial Bill History

Bill Text

PAG LIN
  1  1    Section 1.  Section 56.42, subsection 2, Code 1999, is
  1  2 amended to read as follows:
  1  3    2.  a.  If an unexpended balance of campaign funds remains
  1  4 in the committee's account when a candidate's committee
  1  5 dissolves, the unexpended balance shall be transferred
  1  6 pursuant to subsection 1.
  1  7    b.  If an unexpended balance of campaign funds remains in
  1  8 the account of a candidate's committee for at least seven
  1  9 years after the candidate's last day of service in a public
  1 10 office, the unexpended balance shall be transferred pursuant
  1 11 to subsection 1, paragraph "b".  
  1 12                           EXPLANATION 
  1 13    This bill amends Code section 56.42 to permit a transfer of
  1 14 funds remaining in a candidate's account to a national, state,
  1 15 or local political party, or congressional campaign, after the
  1 16 candidate has not served in public office for seven years.  
  1 17 LSB 1209XS 78
  1 18 jj/jw/5
     

Text: SF00061                           Text: SF00063
Text: SF00000 - SF00099                 Text: SF Index
Bills and Amendments: General Index     Bill History: General Index

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