Text: SF00229 Text: SF00231 Text: SF00200 - SF00299 Text: SF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Section 1. Section 56.42, subsection 2, Code 2001, 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 to a state
1 11 or local party central committee pursuant to subsection 1,
1 12 paragraph "b".
1 13 EXPLANATION
1 14 This bill amends Code section 56.42 to permit a transfer of
1 15 funds remaining in a candidate's account pursuant to Code
1 16 section 56.42, subsection 1, when the committee dissolves; and
1 17 to permit a transfer to a state or local party central
1 18 committee after the balance remains in the account of the
1 19 candidate's committee after the candidate has not served in
1 20 public office for seven years.
1 21 LSB 2670XS 79
1 22 jj/pj/5
Text: SF00229 Text: SF00231 Text: SF00200 - SF00299 Text: SF Index Bills and Amendments: General Index Bill History: General Index
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