Bill
Bill > LD1782
summary
Introduced
12/07/2021
12/07/2021
In Committee
12/07/2021
12/07/2021
Crossed Over
03/31/2022
03/31/2022
Passed
04/05/2022
04/05/2022
Dead
Signed/Enacted/Adopted
04/11/2022
04/11/2022
Introduced Session
130th Legislature
Bill Summary
This bill makes the following changes to campaign finance law effective January 1, 2023. 1. It clarifies that a ballot question committee may make contributions to a candidate up to the applicable limit as long as the funds for the contributions are not derived from a business entity. 2. It clarifies that a ballot question committee may make contributions to a leadership political action committee that do not aggregate more than the limit applicable for legislative candidates as long as the funds for the contributions are not derived from a business entity. 3. It provides for the biennial adjustment of the limit on the amount an individual may contribute to a separate segregated fund committee. The biennial adjustment is based on the Consumer Price Index. 4. It allows a corporation, membership organization, cooperative or labor or other organization to contribute the paid staff time of its employees and independent contractors to a separate segregated fund committee it has established.
AI Summary
This bill makes several changes to campaign finance law effective January 1, 2023. It clarifies that ballot question committees can contribute to candidates and leadership political action committees up to certain limits, as long as the funds are not derived from a business entity. It also provides for the biennial adjustment of the limit on individual contributions to separate segregated fund committees, based on the Consumer Price Index. Additionally, the bill allows corporations, membership organizations, cooperatives, and labor or other organizations to contribute the paid staff time of their employees and independent contractors to separate segregated fund committees they have established.
Committee Categories
Military Affairs and Security
Sponsors (1)
Last Action
PASSED TO BE ENACTED, in concurrence. (on 04/11/2022)
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