Senate File 248 - Introduced SENATE FILE BY ZAUN Passed Senate, Date Passed House, Date Vote: Ayes Nays Vote: Ayes Nays Approved A BILL FOR 1 An Act relating to campaign finance by restricting campaign 2 expenditures and the use of pledges in exchange for campaign 3 contributions in campaigns for the general assembly or for 4 statewide office. 5 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 6 TLSB 2417XS 83 7 jr/sc/5 PAG LIN 1 1 Section 1. NEW SECTION. 68A.301A LIMIT ON EXPENDITURES 1 2 BY A CANDIDATE FOR THE GENERAL ASSEMBLY OR A CANDIDATE FOR 1 3 STATE OFFICE. 1 4 A candidate for the general assembly or a candidate for 1 5 state office may expend in a primary, general, or special 1 6 election no more than three times the annual salary for that 1 7 office. 1 8 Sec. 2. NEW SECTION. 68A.506 PROHIBITING CONTRIBUTIONS 1 9 IN EXCHANGE FOR A CANDIDATE PLEDGE. 1 10 A lobbyist or political committee shall not make a 1 11 contribution to the campaign of a candidate for the general 1 12 assembly or a candidate for state office in exchange for a 1 13 written pledge by the candidate to support or oppose a 1 14 particular issue or measure. 1 15 EXPLANATION 1 16 This bill sets spending limits for legislative campaigns 1 17 and campaigns for statewide office. A candidate may expend in 1 18 a primary, general, or special election no more than three 1 19 times the annual salary for the office. The bill also 1 20 prohibits a lobbyist or a political committee from 1 21 conditioning a campaign contribution on a signed pledge by the 1 22 candidate to support or oppose a particular issue or measure. 1 23 LSB 2417XS 83 1 24 jr/sc/5