04RS HB670

HB670

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HB 670 (BR 1673) - A. Arnold

     AN ACT relating to contributions to candidates' campaigns and declaring an emergency.
     Amend KRS 121.150 to repeal restriction on candidates' total personal loan limits; create new section of KRS Chapter 121 to permit candidates to accept contributions for primary election expenses for 60 days after the date of the primary to the extent that the aggregate contributions shall not exceed the net debts outstanding from the election and provided that the debts were existing or obligated prior to the primary election, and provide that no contribution shall exceed the applicable contribution limit, require reporting of all contributions and expenditures under KRS 121.180; permit slates of candidates to accept contributions for runoff primary election expenses for 60 days after the date of the runoff primary to the extent that the aggregate contributions shall not exceed the net debts outstanding from the election and provided that the debts were existing or obligated prior to the runoff primary election, and provided that no contribution shall exceed the applicable contribution limit, require reporting of all contributions and expenditures under KRS 121.180; permit candidates to accept contributions for regular election expenses for 60 days after the date of the regular election to the extent that the aggregate contributions shall not exceed the net debts outstanding from the election and provided that the debts were existing or obligated prior to the regular election, and provide that no contribution shall exceed the applicable contribution limit, require reporting of all contributions and expenditures under KRS 121.180; permit candidates to accept contributions for special election expenses for 60 days after the date of the special election to the extent that the aggregate contributions shall not exceed the net debts outstanding from the election and provided that the debts were existing or obligated prior to the special election, and provide that no contribution shall exceed the applicable contribution limit, require reporting of all contributions and expenditures under KRS 121.180; define "net debts outstanding"; apply provisions to elections occurring after the effective date of the Act; repeal loan limit for slates of candidates; provide for delayed repeal of Section 1 of this Act, to be effective June 30, 2005; provide nonretroactive effect; state General Assembly intention; create new section banning post-election contributions, and candidate loans over a certain amount; EFFECTIVE July 1, 2005; EMERGENCY.

HB 670 - AMENDMENTS


     HCS - Retain original provisions, except make technical amendment to include reporting requirements for slates.

     Mar 1-introduced in House
     Mar 2-to Elections, Const. Amendments & Intergovernmental Affairs (H)
     Mar 8-posted in committee
     Mar 11-reported favorably, 1st reading, to Calendar with Committee Substitute
     Mar 12-2nd reading, to Rules
     Mar 15-posted for passage in the Regular Orders of the Day for Tuesday, March 16, 2004
     Mar 16-3rd reading, passed 85-8 with Committee Substitute
     Mar 17-received in Senate
     Mar 22-to State and Local Government (S)


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