Campaign finance disclosure; value of in-kind contributions to be divided equally among candidates. (SB231)

Introduced By

Sen. Jay O'Brien (R-Clifton)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Campaign finance; valuation of certain campaign contributions. Provides a general rule that the value of in-kind contributions benefiting multiple candidates will be divided equally among the benefiting candidates. However, the maker of the contribution may apportion the value of the contribution among the candidates on an objective basis that is stated in his campaign reports and documented in his records. The bill exempts literature distributed by local political party committees on behalf of their candidates from the apportionment requirement. As introduced, this was a recommendation of the task force that assisted the State Board of Elections in conducting a review of the Campaign Finance Disclosure Act pursuant to House Joint Resolution 667 (2005). Read the Bill »

Status

02/17/2006: Failed to Pass in Committee

History

DateAction
01/10/2006Prefiled and ordered printed; offered 01/11/06 063237148
01/10/2006Referred to Committee on Privileges and Elections
01/24/2006Reported from Privileges and Elections with amendments (14-Y 0-N)
01/26/2006Constitutional reading dispensed (38-Y 0-N)
01/26/2006VOTE: (38-Y 0-N)
01/27/2006Read second time
01/27/2006Reading of amendments waived
01/27/2006Committee amendments agreed to
01/27/2006Engrossed by Senate as amended SB231E
01/27/2006Printed as engrossed 063237148-E
01/30/2006Read third time and passed Senate (38-Y 0-N)
01/30/2006VOTE: (38-Y 0-N)
01/30/2006Communicated to House
02/14/2006Placed on Calendar
02/14/2006Read first time
02/14/2006Referred to Committee on Privileges and Elections
02/17/2006Continued to 2007 in Privileges and Elections