HB 493 (BR 1750) - R. Wilkey
AN ACT relating to campaign finance.
Amend KRS 121.135 to authorize the general counsel of the registry to issue a written advisory opinion relating to a specific transaction or activity not later than 20 days after the registry receives the request.
HB 493 - AMENDMENTS
SCS - Amend to create new sections of KRS Chapter 121 to define terms; to require person making an independent expenditure to report such if the amount exceeds $500 in the aggregate in any one election; to establish campaign contribution limits for candidates, slates of candidates, and candidate campaign committees; to establish campaign contribution limits for caucus campaign committees; to establish organizational guidelines for caucus campaign committees; to establish campaign contribution limits for political issues committees; to establish campaign contribution limits for permanent committees; to establish campaign contribution limits for executive committees and to permit the establishment of a building account; to establish campaign contribution limits for inaugural committees; to establish campaign contribution limits for individuals; to permit candidates, slates of candidates, committees, referendum committees, and individuals to utilize on-line credit and debit card transactions; to provide for reporting exemptions for any candidate, slate, or political issues committee if a form is filed with the registry stating that contributions will not be accepted or expended in excess of $5,000 in any one election; to require that referendum committees register with the registry and report all contributions and expenditures if the committee raises or expends $5,000 or more to get the question on the ballot in an area greater than one county or $2,500 or more to get a question on a ballot in an area in size equal to or less than one county; to require exempted candidates for city or county offices or for school boards to file reports if they accept contributions or make expenditures in excess of the exempted amount in any one election; to require candidates or slates of candidates subject to an August filing deadline to timely file for an exemption and to permit such candidates or slates to exercise reversion rights; to permit the exercise of reversion rights by a candidate or slate of candidates if an opponent is replaced due to death, disability, or disqualification not later than 15 days after the party nominates the replacement; to permit write-in candidates to request an exemption; to establish that exempted candidate campaign committees, referendum committees, and political issues committees are bound to the terms of the exemption unless it is timely rescinded; to establish penalties and fines for candidates, slates of candidates, referendum committees, candidate campaign committees, or political issues committees who accept contributions or make expenditures in excess of the limit in any one election without rescinding the exemption in a timely manner; require state and county executive committees, and caucus campaign committees to make a full report to the registry of all money, loans, and expenditures made since the date of the last report; to establish reporting requirements of candidates, slates of candidates, candidate campaign committees, referendum committees, political issues committees, and registered fundraisers; to require all reporting candidates, candidate campaign committees, referendum committees, political issues committees, and registered fund-raisers to make post-election reports; to require that detailed information be maintained by the treasurer for six years from the date of the election to which the records pertain, but not to exceed six years; to require certain permanent committees to make a full specified report to the registry of all money, loans, and expenditures since the date of the last report; to require contributing organizations to report to the registry all money received and all independent expenditures made; to require a supplemental report be filed annually until an account shows no unexpended balance; to require that all reports filed with the registry be subject to open records and to require county clerks to maintain such reports for one year from the date the last report is required to be filed; to relieve candidates and slates from personally filing reports under certain conditions; to prohibit the use of funds for candidacy for a different office, to support or oppose different issue, or to further the candidacy of another candidate or slate of candidates for office; to require all media offering communications or advertising services to file with the registry and to make specific disclosures; to abolish the requirement that a paper format report be filed if an electronic report is filed; to require the registry to promulgate administrative regulations to establish a de minimus standard; to permit candidates and slates of candidates who loan money to their candidate campaign committees to have 365 days following an election to recoup such loans; amend KRS 121.120 to except those candidates, candidate campaign committees, slates of candidates running for statewide office from mandatory audits of receipts and expenditures that receive or spend less than $5,000 and require candidates, candidate campaign committees, and slates of candidates running for statewide office to file electronic campaign report with the registry if during an election contributions or loans in the aggregate of $5,000 or more are received; amend KRS 121.135 to authorize the general counsel to the registry to write an advisory opinion and to require advisory opinions to be issued not later than 20 days from the date the registry receives the request; amend KRS 121.140 to define "frivolous complaint" and to authorize the registry to impose a civil penalty for the filing of frivolous complaints; amend KRS 121.220 to require segregation of primary election funds from regular election funds through bookkeeping; amend KRS 121.230 to lower the threshold for itemization of expenditures by check from $50 to $25; amend KRS 121.210, 121.190, 121.056, 121.990, KRS 61.710, and KRS 23A.070 to conform; establish effective date of this Act to be November 5, 2008; repeal KRS 121.015, 121.150; and 121.180.
Feb 7-introduced in House
Feb 11-to Elections, Const. Amendments & Intergovernmental Affairs (H)
Feb 14-posted in committee
Mar 11-reported favorably, 1st reading, to Calendar
Mar 12-2nd reading, to Rules; posted for passage in the Regular Orders of the Day for Thursday, March 13, 2008
Mar 18-3rd reading, passed 95-0
Mar 19-received in Senate
Mar 25-taken from the Committee on Committees; 1st reading; returned to the Committee on Committees
Mar 26-to State & Local Government (S)
Mar 27-taken from committee State & Local Government (S); 1st reading; returned to State & Local Government (S)
Mar 28-taken from committee State & Local Government (S); 2nd reading; returned to State & Local Government (S)
Apr 15-reported favorably, to Rules with Committee Substitute as a Consent Bill; posted for passage in the Consent Orders of the Day for Tuesday, April 15; 3rd reading, passed 38-0 with Committee Substitute ; received in House; to Rules (H); posted for passage for concurrence in Senate Committee Substitute