Text: SF00434                           Text: SF00436
Text: SF00400 - SF00499                 Text: SF Index
Bills and Amendments: General Index     Bill History: General Index



Senate File 435

Partial Bill History

Bill Text

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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