[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.

 

 

F I S C A L   I M P A C T   R E P O R T

 

 

 

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)

 

SOURCES OF INFORMATION

 

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:

 

  1. Is one of five hundred or more calls similar in nature made during an election cycle made by an individual, individuals, or by electronic means;
  2. Advocates support for, or opposition to, a candidate for public office or ballot measure.

 

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


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