Campaign finance; contributions from certain organizations. (HB226)

Introduced By

Del. John O'Bannon (R-Richmond)

Progress

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

Description

Campaign finance; contributions from certain organizations. Requires political action committees to include in campaign finance reports single or aggregate contributions that exceed $5,000 from organizations holding tax-exempt status under 501(c)(4) of the Internal Revenue Code. The bill also requires that certain information about the contributing organization, including information about donors in particular circumstances, be disclosed in the report of the political action committee. The bill subjects single organizations whose contributions exceed $50,000 in a calendar year, or organizations with one or more contributors in common with other organizations whose total contributions combined exceed $50,000 in a calendar year, to current requirements for out-of-state political committees. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
12/27/2013Committee
12/27/2013Prefiled and ordered printed; offered 01/08/14 14100664D
12/27/2013Referred to Committee on Privileges and Elections
01/10/2014Assigned P & E sub: Campaign Finance Subcommittee
01/17/2014Impact statement from DPB (HB226)
01/22/2014Subcommittee recommends laying on the table
01/23/2014Impact statement from DPB (HB226)
02/12/2014Left in Privileges and Elections

Comments

Bob Lindsey writes:

HB-226 should be passed ONLY if amended as follows:

Section B: Replace $5,000 with $1,000.

Section D: Replace $50,000 with $10,000.