[1]NOTE:
As provided in LFC policy, this report is intended only for use by the
standing finance committees of the legislature. The Legislative
Finance Committee does not assume responsibility for the accuracy of the information
in this report when used in any other situation.
Only the most recent
FIR version (in HTML & Adobe PDF formats) is available on the Legislative
Website. The Adobe PDF version includes
all attachments, whereas the HTML version does not. Previously issued FIRs and attachments may be obtained from the
LFC’s office in Suite 101 of the State Capitol Building North.
SPONSOR: |
Beam |
DATE TYPED: |
02/07/02 |
HB |
268/aHAFC |
||
SHORT TITLE: |
Campaign & Political Committee Disclosures |
SB |
|
||||
|
ANALYST: |
Woodlee |
|||||
APPROPRIATION
Appropriation
Contained |
Estimated
Additional Impact |
Recurring or Non-Rec |
Fund Affected |
||
FY02 |
FY03 |
FY02 |
FY03 |
|
|
NFI |
NFI |
NFI |
NFI |
NFI |
NFI |
|
|
|
|
|
|
(Parenthesis
( ) Indicate Expenditure Decreases)
Response Received From:
Attorney General
No Response:
Secretary of State
SUMMARY
Synopsis
of HAFC Amendment
The House Appropriations and Finance Committee amendment to House Bill 268 removes the appropriation of $75.0.
Synopsis
of Original Bill
House Bill 268
appropriates $75.0 from the general fund to the Secretary of State for the
purpose of enforcing the provisions of the Campaign Reporting Act. In addition, the bill requires that
political or campaign committees disclose to a recipient of a telephone call
made for political purposes the name of the organization that sponsors the call
if the call:
The bill also states
that a campaign or political committee that pays for telephone calls must maintain
a record of the script of the calls or a recording of a recorded message for at
least ninety days following election day.
The committees may not contract with a phone bank vendor that does not
disclose the required information.
Additionally, House
Bill 268 changes the threshold of reporting to the Secretary of State by requiring
any political committee that receives, contributes or expends in excess of five
hundred dollars ($500) to register with the Secretary of State.
Significant
Issues
Currently, statute specifies that it is unlawful
for a political committee to receive, contribute or expend in excess of two
thousand dollars ($2,000) for a political purpose unless the committee appoints
a treasurer and registers with the Secretary of State. This bill would lower the threshold to five
hundred dollars ($500). The committee
must register within ten days of receiving, contributing or expending the
funds.
FISCAL IMPLICATIONS
The appropriation of
$75.0 contained in this bill is a recurring expense to the general fund. Any unexpended
or unencumbered balance remaining at the end of fiscal year 2003 shall revert
to the general fund.
MW/njw
[1]Begin typing on the * in replace mode. Do not add or delete spaces.