SB 570 - This act establishes campaign contribution limits for individuals and political party committees. The limits are as follows for contributions made by or accepted from any person other than the candidate in an election:• $5,000 for Governor, Lieutenant Governor, Secretary of State, Treasurer, Auditor, or Attorney General.
• $2,500 for Senators.
• $1,250 for Representatives.
This provision is identical to SB 2 (2015) and similar to SB 807 (2016), HB 2056 (2016), HB 2240 (2016), HB 2395 (2016), HB 2450 (2016), SB 486 (2014), SB 487 (2014), SB 555 (2014), SB 627 (2014), SB 629 (2014), SB 813 (2014), SB 92 (2013), SB 227 (2013), SB 546 (2012), SB 825 (2012), SB 648 (2010) HB 633 (2009), HB 687 (2009), SB 389 (2009), and SB 270 (2009).
The act further requires all 501(c)(4) organizations to make certain disclosures regarding expenditures for the purpose of electioneering activities by means of covered communications made in the previous calendar year. The act further imposes a 48-hour reporting requirement for certain expenditures or certain contributions made in excess of $5,000. The Ethics Commission is required to assess fees on the board of directors of any covered organization in the same manner as are assessed against certain public officials who fail to file financial interest statements.
This provision is identical to SB 808 (2016), HB 2062 (2016), and SB 543 (2015) and substantially similar to HB 2745 (2016).
The provisions of this act are effective beginning January 1, 2017.
SCOTT SVAGERA