Senate File 2084 - Introduced SENATE FILE 2084 BY CHELGREN , ZAUN , SORENSON , FEENSTRA , BOETTGER , KETTERING , SEYMOUR , HAMERLINCK , ERNST , HAHN , and KAPUCIAN A BILL FOR An Act limiting certain campaign contributions by labor unions 1 and providing for a penalty. 2 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 3 TLSB 5860XS (3) 84 jr/sc

S.F. 2084 Section 1. Section 68A.503, subsections 1, 2, and 3, Code 1 2011, are amended to read as follows: 2 1. Except as provided in subsections 3, 4, 5, and 6 , an 3 insurance company, savings and loan association, bank, credit 4 union, labor union, or corporation shall not make a monetary or 5 in-kind contribution to a candidate or committee except for a 6 ballot issue committee. 7 2. Except as provided in subsection 3 , a candidate or 8 committee, except for a ballot issue committee, shall not 9 receive a monetary or in-kind contribution from an insurance 10 company, savings and loan association, bank, credit union, 11 labor union, or corporation. 12 3. An insurance company, savings and loan association, 13 bank, credit union, labor union, or corporation may use money, 14 property, labor, or any other thing of value of the entity for 15 the purposes of soliciting its stockholders, administrative 16 officers, professional employees, and members for contributions 17 to a political committee sponsored by that entity and for 18 financing the administration of a political committee sponsored 19 by that entity. The entity’s employees to whom the foregoing 20 authority does not extend may voluntarily contribute to 21 such a political committee but shall not be solicited for 22 contributions. A candidate or committee may solicit, request, 23 and receive money, property, labor, and any other thing of 24 value from a political committee sponsored by an insurance 25 company, savings and loan association, bank, credit union, 26 labor union, or corporation as permitted by this subsection . 27 Sec. 2. Section 68A.503, subsection 4, unnumbered paragraph 28 1, Code 2011, is amended to read as follows: 29 The prohibitions in subsections 1 and 2 shall not apply 30 to an insurance company, savings and loan association, bank, 31 credit union, labor union, or corporation engaged in any of the 32 following activities: 33 EXPLANATION 34 This bill provides that a labor union shall not make a 35 -1- LSB 5860XS (3) 84 jr/sc 1/ 2

S.F. 2084 monetary or in-kind contribution to a candidate or committee 1 except for a ballot issue committee. The prohibition in the 2 bill does not apply to independent expenditures. 3 As provided in Code section 68A.701, a willful violation of 4 any provision of the campaign finance Code chapter is a serious 5 misdemeanor punishable by confinement for up to one year and 6 a fine of at least $315 but not more than $1,875. A variety 7 of civil remedies are also available in Code section 68B.32D 8 for a violation of Code chapter 68A or rules of the ethics and 9 campaign disclosure board, ranging from a reprimand to a civil 10 penalty of not more than $2,000. 11 -2- LSB 5860XS (3) 84 jr/sc 2/ 2