Text: SF00434 Text: SF00436 Text: SF00400 - SF00499 Text: SF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. Section 56.5A, Code 2001, is amended by adding 1 2 the following new subsection: 1 3 NEW SUBSECTION. 3. a. A candidate's committee shall not 1 4 accept contributions from sources other than individuals who 1 5 permanently reside within the district represented by the 1 6 office to which the candidate presently seeks election, unless 1 7 the candidate's committee has received and deposited in the 1 8 candidate's campaign account an equal or greater total of 1 9 contributions from individuals who permanently reside within 1 10 the district. 1 11 b. Notwithstanding section 56.16, a candidate who accepts 1 12 a contribution in violation of this subsection shall be fined 1 13 civilly in an amount equal to ten times the amount by which 1 14 the contribution exceeded the permitted limit. The fine 1 15 proceeds shall be deposited in the Iowa election campaign fund 1 16 created in section 56.19. 1 17 EXPLANATION 1 18 This bill amends Code chapter 56 to restrict a candidate's 1 19 committee's acceptance of contributions from individuals who 1 20 reside outside of the candidate's district. A candidate would 1 21 be permitted to accept funds from such individuals only up to 1 22 an amount equal to the amount of funds that the candidate has 1 23 collected from individuals who reside within the candidate's 1 24 district. 1 25 The penalty for violation of this prohibition is a civil 1 26 fine equal to 10 times the amount accepted in excess of the 1 27 limitation. Pursuant to Code section 68B.32, the fine could 1 28 be imposed by the board if it were no more than $2,000; if the 1 29 fine were more than $2,000, the board could refer the matter 1 30 to the attorney general or appropriate county attorney. The 1 31 fine proceeds are to be deposited in the election campaign 1 32 fund. 1 33 LSB 2219SV 79 1 34 jj/gg/8
Text: SF00434 Text: SF00436 Text: SF00400 - SF00499 Text: SF Index Bills and Amendments: General Index Bill History: General Index
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