AB412: Bill Text

LRB-3038/2

JTK:skg:jlb

1995 - 1996 LEGISLATURE

Corrected Copy

1995 Assembly BILL 412

May 30, 1995 - Introduced by Representatives Seratti, F. Lasee, Musser, Handrick, Ladwig, Duff, Nass, Brandemuehl, Ainsworth, Albers, Hahn, Zukowski, Silbaugh, Ott, Olsen, Grothman and Gunderson. Referred to Committee on Elections and Constitutional Law.

AB412,1,3 An Act to create 11.60 (3m) of the statutes; relating to: false reporting of certain disbursements and obligations under the campaign finance law and providing a penalty.

Analysis by the Legislative Reference Bureau

Currently, if an individual who or committee which is required to file a report under the campaign finance law files a false report, the individual or committee is subject to a forfeiture (civil penalty) of not more than $500.

This bill provides, in lieu of this penalty, that if an individual or committee makes disbursements (expenditures) or incurs obligations in support of or in opposition to a candidate independently of any candidate who is supported or whose opponent is opposed, and the individual or committee files a report which understates or overstates the cumulative amount of disbursements made or obligations incurred by the individual or committee during the 7-day period preceding any primary or other election by more than $1,000, the individual or committee must forfeit an amount equal to the amount overstated or understated in excess of $1,000.

The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:

AB412, s. 1 Section 1. 11.60 (3m) of the statutes is created to read:

AB412,2,5 11.60 (3m) Notwithstanding sub. (1), if an individual who or committee which is required to file an oath under s. 11.06 (7) files a report under this chapter which overstates or understates the cumulative total amount of disbursements made or obligations incurred by the individual or committee in support of or in opposition to any candidate during the 7-day period preceding any primary or other election at which the name of that candidate appears on the ballot, by more than $1,000, the individual or committee shall forfeit an amount equal to the amount overstated or understated in excess of $1,000.

AB412,2,6 (End)