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Office of the Revisor of Statutes

SF 1579 Senate Long Description

E Relating to the financing of election campaigns; expanding the definition of campaign expenditure to include communications advocating support for or opposition to the nomination or election of a candidate (issue ads); modifying the definition of independent expenditure, increasing the limit on the expenditures, changing the affidavit filing requirement to a web site notice posting requirement with a description to the state board of campaign finance and public disclosure, providing for a false affidavit of notice; requiring the board to publish certain information on the web site; providing for the application of voluntary spending limits to political parties as a condition of receiving a public subsidy; prohibiting independent expenditures by political parties; providing for the matching of independent expenditures advocating the defeat or election of candidates, establishing an independent expenditure matching account for use by the board for loans to certain candidates to respond to independent expenditures, requiring a repayment agreement, authorizing the acceptance of additional contributions from political party units to match the independent expenditure and authorizing candidate targets of independent expenditures with no notice to make additional expenditures; eliminating certain exceptions from the contribution deliveries bundling limits; increasing the limit on political party contributions to candidates for the state senate; prohibiting candidates accepting a public subsidy from accepting contributions from lobbyists; limiting the purposes for political party multicandidate expenditures; subjecting political party chairs to a civil fine for violating certain spending limits; modifying the provision providing for the qualification of political parties for the income tax checkoff, requiring the secretary of state to notify each political party, the commissioner of revenue and the campaign finance and public disclosure board by a certain date of the parties qualifying for inclusion on the income tax form and property tax refund return; restricting state elections campaign fund party account allocations to state committees of political parties to parties signing and filing spending limit agreements with the board, requiring cancellation of unallocated amounts to the general fund; modifying the distribution from the general account of the state elections campaign fund and changing the certification date; requiring the reduction of payments to candidates failing to file campaign reports due before the primary election; changing the date for filing spending limit agreements with the board; requiring chairs of state committees of political parties to file spending limit agreements with the board as a condition of receiving a public subsidy, requiring board notice to the commissioner of revenue of agreements filed; modifying the definition of minor political party; restricting refunds for contributions to political parties signing spending limit agreements with the board; nonseverability clause (ra, ja)