Bill > LB672

This bill amends the Nebraska Political Accountability and Disclosure Act to establish a contribution limit for candidate committees, specifically capping individual contributions at $1,000 during a single election period. Under this legislation, if a person makes contributions to a candidate committee that exceed $1,000 within the calendar year of an election, the candidate committee must refund the excess amount within ten days of receipt. The committee is also required to report such contributions on subsequent campaign statements, including details like the contributor's name, address, contribution amount, and dates of receipt and return. Notably, this contribution limit does not apply to funds personally contributed by the candidate to their own committee. The term "election period" is defined as the calendar year in which the election takes place, providing clear guidance on the timeframe for tracking contributions.

Military Affairs and Security

https://nebraskalegislature.gov/bills/view_bill.php?DocumentID=59789