Campaign contributions; prohibits candidate from accepting stored value cards. (HB1658)

Introduced By

Del. Bob Marshall (R-Manassas) with support from co-patrons Del. Clay Athey (R-Front Royal), Del. Scott Lingamfelter (R-Woodbridge), Del. Charles Poindexter (R-Glade Hill), and Del. Tom Rust (R-Herndon)

Progress

√
 Introduced
X
 Passed Committee
√
 Passed House
☐
 Passed Senate
☐
 Signed by Governor
☐
 Became Law

Description

Campaign contributions; stored value cards; prohibition. Provides that campaign contributions made through a stored value card may never be accepted. The bill also defines the term "stored value card." Amends § 24.2-945.1 (“Definitions.”), of the Code of Virginia. View Full Text »

Status

02/17/2009: Failed to Pass in Committee
View Bill's History

Comments

Waldo Jaquith writes:

I think that the function of this is to prohibit contributions from pre-paid credit cards, the sort that one can buy at the counter at 7-11.

Posted 42 months ago.
Waldo J., tracking this bill in Photosynthesis, notes:

One effect of this would be, based on my reading of this law, to prohibit donations via PayPal. After all, it's an "electronic payment instrument" that contains "encoded information given in exchange for money" where the "electronic payment instrument represents a dollar value that the authorized card user can utilize." Prohibiting PayPal donations to campaigns is a terrible, terrible idea.

Posted 42 months ago.