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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