AB701, s. 35
24Section
35. 9.01 (1) (ar) 3. of the statutes is amended to read:
AB701,29,15
19.01
(1) (ar) 3.
Upon receipt of Whenever a clerk receives a valid petition
and
2any payment under par. (ag) 3., the clerk shall thereupon notify the proper board of
3canvassers.
Upon receipt of Whenever the board receives a valid petition
by the
4board and any payment under par. (ag) 3., the board shall promptly by certified mail
5or other expeditious means order the proper county boards of canvassers to
6commence the recount. County boards of canvassers shall convene no later than 9
7a.m. on the
second day
following
after receipt of an order and may adjourn for not
8more than one day at a time until the recount is completed in the county, except that
9the board may permit extension of the time for adjournment. Returns from a recount
10ordered by the board shall be transmitted to the office of the board as soon as possible,
11but in no case later than 13 days from the date of the order of the board directing the
12recount. The chairperson of the board may not make a determination in any election
13if a recount is pending before any county board of canvassers in that election. The
14chairperson of the board need not recount actual ballots, but shall verify the returns
15of the county boards of canvassers in making his or her determinations.
AB701, s. 36
16Section
36. 9.01 (1) (b) 11. of the statutes is amended to read:
AB701,29,2317
9.01
(1) (b) 11. All steps of the recount shall be performed publicly.
All Except
18as provided in subd. 12., all materials and ballots may be viewed and identified by
19the candidates, the person demanding the recount and their authorized
20representatives and counsel, but only members of the board of canvassers and
21tabulators assisting them may touch any of the materials or ballots. The candidates,
22the person demanding the recount and their authorized representatives and counsel
23may object to the counting of any ballot. Any errors shall be corrected.
AB701, s. 37
24Section
37. 9.01 (1) (b) 12. of the statutes is created to read:
AB701,30,3
19.01
(1) (b) 12. Except as authorized in s. 6.47 (8), the board of canvassers shall
2not permit access to the name of any elector who has obtained a confidential listing
3under s. 6.47 (2) during the recanvass.
AB701, s. 38
4Section
38. 11.01 (11) of the statutes is amended to read:
AB701,30,95
11.01
(11) "Incurred obligation" means every express obligation to make any
6contribution or disbursement including every loan, guarantee of a loan or other
7obligation or payment for any goods, or for any services which have been performed
8or are to be performed in the future,
that is incurred by
a candidate, any person,
9including any committee
, individual or group
, for political purposes.
AB701, s. 39
10Section
39. 11.05 (2r) of the statutes is amended to read:
AB701,31,611
11.05
(2r) (a) Any person, committee or group, other than a committee or
12individual required to file
an oath a statement under s. 11.06 (7)
(a), who or which
13does not anticipate accepting contributions, making disbursements or incurring
14obligations in an aggregate amount in excess of $1,000 in a calendar year and does
15not anticipate accepting any contribution or contributions from a single source, other
16than contributions made by a candidate to his or her own campaign, exceeding $100
17in that year may indicate on its registration statement that the person, committee
18or group will not accept contributions, incur obligations or make disbursements in
19the aggregate in excess of $1,000 in any calendar year and will not accept any
20contribution or contributions from a single source, other than contributions made by
21a candidate to his or her own campaign, exceeding $100 in such year. Any registrant
22making such an indication is not subject to any filing requirement if the statement
23is true. The registrant need not file a termination report. A registrant not making
24such an indication on a registration statement is subject to a filing requirement. The
25indication may be revoked and the registrant is then subject to a filing requirement
1as of the date of revocation, or the date that aggregate contributions, disbursements
2or obligations for the calendar year exceed $1,000, or the date on which the registrant
3accepts any contribution or contributions exceeding $100 from a single source, other
4than contributions made by a candidate to his or her own campaign, during that year,
5whichever is earlier. If the revocation is not timely, the registrant violates s. 11.27
6(1).
AB701, s. 40
7Section
40. 11.05 (3) (q) of the statutes is created to read:
AB701,31,168
11.05
(3) (q) In the case of a registrant who or which does not maintain a street
9address within this state, a report providing the information specified by the board
10for the portion of the year in which the registrant initially files a statement under
11this section before filing that statement and the one-year period preceding the
12beginning of that year, plus any additional period required under sub. (7m) to enable
13the registrant to make a contribution or disbursement from the property or funds.
14The report required under this paragraph may be filed no later than 10 days
15following the remainder of a statement filed under this section. A registration lapses
16if the report required under this paragraph is not filed in a timely manner.
AB701, s. 41
17Section
41. 11.05 (7) of the statutes is amended to read:
AB701,32,318
11.05
(7) Change in status of new registrant. Notwithstanding sub. (6) Except
19as provided in sub. (7m), any individual or organization who or which has received
20property or funds which were not intended for political purposes in connection with
21an election for state or local office at the time of receipt may make contributions or
22disbursements from such property or funds in connection with an election for state
23or local office if the individual or organization complies with applicable provisions of
24sub. (1), (2) or (2g) as soon as such intent changes. For purposes of s. 11.06 (1), all
25property or funds which are in
a registrant's the possession
of such an individual or
1organization on the date of registration under this section shall be treated as received
2on the date that such intent changes so that the property or funds are to be used for
3political purposes in connection with an election for state or local office.
AB701, s. 42
4Section
42. 11.05 (7m) of the statutes is created to read:
AB701,32,195
11.05
(7m) Nonresident registrants; additional information. If a registrant
6who or which does not maintain a street address in this state has property or funds
7in the possession of the registrant on the date of registration from which the
8registrant wishes to make a contribution or disbursement, the registrant may make
9a contribution or disbursement from the property or funds to the extent permitted
10under this chapter if the registrant obtained the property or funds from sources and
11in amounts that were lawful under this chapter at the time that the property or funds
12were received by the registrant, and the registrant reports to the appropriate filing
13officer the information specified by the board under sub. (3) (q) with respect to the
14property or funds prior to making any contribution or disbursement from the
15property or funds. For purposes of determining the source of property or funds in the
16possession of a registrant at the time of registration under this subsection, the
17property and funds in the possession of a registrant shall be allocated to the sources
18from which the registrant received property and funds in the inverse order in which
19the property and funds were chronologically received.
AB701, s. 43
20Section
43. 11.06 (1) (intro.) of the statutes is amended to read:
AB701,33,221
11.06
(1) Contents of report. (intro.) Except as provided in subs. (2)
, (3) and
22(3m) and ss. 11.05 (2r) and 11.19 (2), each registrant under s. 11.05 shall make full
23reports, upon a form prescribed by the board and signed by the appropriate
24individual under sub. (5), of all contributions received, contributions or
25disbursements made, and obligations incurred. Each report shall contain the
1following information, covering the period since the last date covered on the previous
2report, unless otherwise provided:
AB701, s. 44
3Section
44. 11.06 (1) (h) of the statutes is amended to read:
AB701,33,74
11.06
(1) (h) An itemized statement of every
incurred obligation exceeding $20
5in amount or value, together with the name of the person or business with whom the
6obligation was incurred, and the date and the specific purpose for which
each such 7the obligation was incurred.
AB701, s. 45
8Section
45. 11.06 (3) (b) of the statutes is repealed.
AB701, s. 46
9Section
46. 11.06 (3r) of the statutes is repealed.
AB701, s. 47
10Section
47. 11.06 (3x) of the statutes is created to read:
AB701,33,1611
11.06
(3x) Return of contributions. Each registrant who or which receives
12an unlawful contribution or a contribution in an amount or value that exceeds the
13amount or value that is permitted to be received from the donor shall promptly
14return the contribution or portion thereof that is unlawfully contributed to the donor
15or, if the contribution is made anonymously, shall donate the contribution to the
16common school fund.
AB701, s. 48
17Section
48. 11.06 (4) (b) of the statutes is amended to read:
AB701,34,218
11.06
(4) (b)
Unless Each registrant who or which receives any contribution
19shall report the contribution as received and accepted on the date received, unless 20it is returned or donated within
15 30 days of
receipt, a contribution must be reported
21as received and accepted on the date received.
For purposes of this chapter, a
22contribution is considered to be accepted if it is not returned or donated within the
23period prescribed under this paragraph. This
subsection paragraph applies
24notwithstanding the fact that the contribution is not deposited
in the into a campaign
1depository account by the closing date for
the
a reporting period as provided in s.
211.20 (8)
or the reporting deadline provided in s. 11.21 (16).
AB701, s. 49
3Section
49. 11.12 (4) of the statutes is amended to read:
AB701,34,84
11.12
(4) Each registrant shall report contributions, disbursements and
5incurred obligations in accordance with s. 11.20
, and if the registrant files reports
6under s. 11.21 (16), in accordance with s. 11.21 (16). Except as permitted under s.
711.06 (2)
, (3) and (3m), each report shall contain the information which is required
8under s. 11.06 (1).
AB701, s. 50
9Section
50. 11.14 (3) of the statutes is amended to read:
AB701,34,2210
11.14
(3) Notwithstanding sub. (1), any candidate who serves as his or her own
11campaign treasurer and who is
authorized to make and makes an indication on his
12or her registration statement exempted from reporting under s. 11.05 (2r)
that he or
13she will not accept contributions, make disbursements or incur obligations in an
14aggregate amount exceeding $1,000 in a calendar year, and will not accept any
15contribution or contributions from a single source, other than contributions made by
16the candidate to his or her own campaign, exceeding $100 in a calendar year, may
17designate a single personal account as his or her campaign depository account, and
18may intermingle personal and other funds with campaign funds. If a separate
19depository account is later established by the candidate, the candidate shall transfer
20all campaign funds in the personal account to the new depository account.
21Disbursements made from such personal account need not be identified in
22accordance with s. 11.16 (3).
AB701, s. 51
23Section
51. 11.20 (10) (a) of the statutes is amended to read:
AB701,35,524
11.20
(10) (a) Where a requirement is imposed under this section for the filing
25of a financial report which is to be received by the appropriate filing officer no later
1than a certain date, the requirement may be satisfied either by actual receipt of the
2report by the prescribed time for filing at the office of the filing officer, or by filing a
3report with the U.S. postal service by first class mail with sufficient prepaid postage,
4addressed to the appropriate filing officer, no later than
the 3rd day before the date
5provided by law for receipt of such report.
AB701, s. 52
6Section
52. 11.21 (15) of the statutes is amended to read:
AB701,35,127
11.21
(15) Inform each candidate who files an application to become eligible to
8receive a grant from the Wisconsin election campaign fund of the dollar amount of
9the applicable disbursement limitation under s. 11.31
(1), adjusted as provided in s.
1011.31 (9), which applies to the office for which such person is a candidate. Failure
11to receive the notice required by this subsection does not constitute a defense to a
12violation of s. 11.27 (1) or 11.31.
AB701, s. 53
13Section
53. 11.21 (18) of the statutes is created to read:
AB701,35,2214
11.21
(18) Conduct a biennial review of campaign finance practices in this
15state. The review shall include an assessment of the continued appropriateness of
16the contribution limitations prescribed in s. 11.26 and any other important problems
17that require the attention of the legislature. If the board concludes that any of the
18contribution limitations prescribed in s. 11.26 should be increased or that any other
19action should be taken as a result of its review, the board shall transmit its
20conclusions and recommendations to the appropriate standing committees of each
21house of the legislature under s. 13.172 (3), together with information supporting the
22board's conclusions, no later than January 1 of each odd-numbered year.
AB701, s. 54
23Section
54. 11.25 (2) (ap) of the statutes is created to read:
AB701,36,224
11.25
(2) (ap) No committee identified under s. 11.05 (3) (c) as a special interest
25committee that receives a contribution made or transferred to the committee in
1violation of this chapter may make a disbursement from the property or funds that
2constitute that contribution.
AB701, s. 55
3Section
55. 11.26 (2) (a) of the statutes is amended to read:
AB701,36,74
11.26
(2) (a) Candidates for governor, lieutenant governor, secretary of state,
5state treasurer, attorney general, state superintendent or justice, 4% of the value of
6the disbursement level specified in the schedule under s. 11.31 (1)
, as adjusted under
7s. 11.31 (9).
AB701, s. 56
8Section
56. 11.26 (8m) of the statutes is created to read:
AB701,36,129
11.26
(8m) (a) No committee identified under s. 11.05 (3) (c) as a special interest
10committee may make any contribution or contributions in an amount or value
11exceeding $100 cumulatively within a calendar year to any other committee
12identified under s. 11.05 (3) (c) as a special interest committee.
AB701,36,1513
(b) No conduit may transfer any contribution or contributions in an amount or
14value exceeding $100 cumulatively within a calendar year to any committee
15identified under s. 11.05 (3) (c) as a special interest committee.
AB701, s. 57
16Section
57. 11.26 (9) (a) of the statutes is amended to read:
AB701,36,2217
11.26
(9) (a) (intro.) No individual who is a candidate for state or local office may
18receive and accept more than
65% 60% of the value of the total disbursement level
19determined under s. 11.31
(1), as adjusted under s. 11.31 (9), for the office for which
20he or she is a candidate during any primary and election campaign combined from
21all committees subject to a filing requirement, including political party and
22legislative campaign committees.
AB701, s. 58
23Section
58. 11.26 (9) (b) of the statutes is amended to read:
AB701,37,424
11.26
(9) (b) No individual who is a candidate for state or local office may receive
25and accept more than 45% of the value of the total disbursement level determined
1under s. 11.31
(1), as adjusted under s. 11.31 (9), for the office for which he or she is
2a candidate during any primary and election campaign combined from all
3committees other than political party and legislative campaign committees subject
4to a filing requirement.
AB701, s. 59
5Section
59. 11.31 (1) (a) of the statutes is amended to read:
AB701,37,66
11.31
(1) (a) Candidates for governor,
$1,078,200 $2,500,000.
AB701, s. 60
7Section
60. 11.31 (1) (b) of the statutes is amended to read:
AB701,37,88
11.31
(1) (b) Candidates for lieutenant governor,
$323,475 $400,000.
AB701, s. 61
9Section
61. 11.31 (1) (c) of the statutes is amended to read:
AB701,37,1010
11.31
(1) (c) Candidates for attorney general
, $539,000 or justice, $400,000.
AB701, s. 62
11Section
62. 11.31 (1) (cm) of the statutes is created to read:
AB701,37,1212
11.31
(1) (cm) Candidates for state superintendent, $250,000.
AB701, s. 63
13Section
63. 11.31 (1) (d) of the statutes is amended to read:
AB701,37,1514
11.31
(1) (d) Candidates for secretary of state
, or state treasurer,
justice or state
15superintendent, $215,625 $100,000.
AB701, s. 64
16Section
64. 11.31 (1) (e) and (f) of the statutes are amended to read:
AB701,37,1917
11.31
(1) (e) Candidates for state senator,
$34,500 $70,000 total in the primary
18and election, with disbursements not exceeding
$21,575
$43,775 for either the
19primary or the election.
AB701,37,2220
(f) Candidates for representative to the assembly,
$17,250 $35,000 total in the
21primary and election, with disbursements not exceeding
$10,775 $21,850 for either
22the primary or the election.
AB701, s. 65
23Section
65. 11.31 (2) of the statutes is amended to read:
AB701,38,1324
11.31
(2) Limitation imposed. No candidate for state office at a spring or general
25election who files a sworn statement and application to receive a grant from the
1Wisconsin election campaign fund may make or authorize total disbursements from
2the his or her campaign treasury in any campaign to the extent of more than the
3amount prescribed in sub. (1),
adjusted as provided under sub. (9), unless the board
4determines that the candidate is not eligible to receive a grant, the candidate
5withdraws his or her application under s. 11.50 (2) (h), or s. 11.50 (2) (i) applies. No
6candidate for state office at a special election who files a sworn statement and
7application to receive a grant from the Wisconsin election campaign fund may make
8or authorize total disbursements from
the his or her campaign treasury in any
9campaign to the extent of more than the amount prescribed under sub. (1)
, adjusted
10as provided under sub. (9), for the preceding spring or general election for the same
11office, unless the board determines that the candidate is not eligible to receive a
12grant, the candidate withdraws his or her application under s. 11.50 (2) (h), or s. 11.50
13(2) (i) applies.
AB701, s. 66
14Section
66. 11.31 (3) of the statutes is amended to read:
AB701,38,2015
11.31
(3) Gubernatorial campaigns. For purposes of compliance with the
16limitations imposed under sub. (2), candidates for governor and lieutenant governor
17of the same political party who both accept grants from the Wisconsin election
18campaign fund may agree to combine disbursement levels under sub. (1) (a) and (b)
,
19as adjusted under sub. (9), and reallocate the total level between them. The
20candidates shall each inform the board of any such agreement.
AB701, s. 67
21Section
67. 11.31 (3m) of the statutes is amended to read:
AB701,39,822
11.31
(3m) Unopposed candidates; exception. Notwithstanding subs. (1) and
23(2), if all candidates for state senator or representative to the assembly in a
24legislative district who are certified under s. 7.08 (2) (a) to appear on the September
25primary ballot of all parties recognized under s. 5.62 (1) (b) or (2) have no opponent
1who is certified to appear on the same primary ballot, or if no primary is required for
2all candidates of parties recognized under s. 5.62 (1) (b) or (2) for state senator or
3representative to the assembly in a legislative district who are certified under s. 8.50
4(1) (d) to appear on a special partisan election ballot, then the separate limitation
5specified in sub. (1)
, as adjusted under sub. (9), for disbursements during the primary
6and election period does not apply to candidates for that office in that primary and
7election, and the candidates are bound only by the total limitations specified
in sub.
8(1) for the primary and election
, as adjusted under sub. (9).
AB701, s. 68
9Section
68. 11.31 (4) of the statutes is amended to read:
AB701,39,1810
11.31
(4) Allocation. Except as provided in sub. (3m), whenever a separate
11disbursement level is specified for a primary and election under sub. (1), a candidate
12who disburses less than the authorized level in the primary may not reallocate the
13balance to increase the level in the election. Whenever a separate disbursement level
14is not specified for a primary and election under sub. (1), a candidate may allocate
15disbursements between the primary and election campaign within the total level of
16disbursements specified in sub. (1)
, as adjusted under sub. (9), in any proportion
17desired, and may carry over unexpended contributions from a primary campaign to
18an election campaign.
AB701, s. 69
19Section
69. 11.31 (9) of the statutes is created to read:
AB701,39,2320
11.31
(9) Adjustment of disbursement levels. (a) In this subsection,
21"consumer price index" means the average of the consumer price index over each
2212-month period, all items, U.S. city average, as determined by the bureau of labor
23statistics of the federal department of labor.
AB701,40,1324
(b) The dollar amounts of all disbursement levels specified in sub. (1) shall be
25subject to a biennial adjustment to be determined by rule of the board in accordance
1with this subsection. To determine the adjustment, the board shall calculate the
2percentage difference between the consumer price index for the 12-month period
3ending on December 31 of each odd-numbered year and the consumer price index for
4the base period, calendar year 2001. For each biennium, the board shall multiply
5that result by the percentage difference in the consumer price indices. The board
6shall adjust the disbursement levels specified under sub. (1) to substitute that result
7for the existing levels to the extent required to reflect any difference, rounded to the
8nearest multiple of $25 in the case of amounts of $1 or more, which amounts shall
9be in effect until a subsequent rule is promulgated under this subsection.
10Notwithstanding s. 227.24 (1) (a), (2) (b) and (3), determinations under this
11subsection may be promulgated as an emergency rule under s. 227.24 without
12providing evidence that the emergency rule is necessary for the public peace, health,
13safety or welfare, and without a finding of emergency.
AB701, s. 70
14Section
70. 11.395 of the statutes is created to read:
AB701,40,19
1511.395 Contributions by foreign nationals prohibited. (1) In this section,
16"foreign national" means a foreign principal, as defined in
22 USC 611 (b), other than
17a citizen of the United States, or an individual who is not a citizen of the United
18States and is not lawfully admitted for permanent residence, as defined in
8 USC
191101 (a) (20).
AB701,40,20
20(2) No foreign national may make a contribution.
AB701, s. 71
21Section
71. 11.50 (2) (a) of the statutes is amended to read:
AB701,41,1122
11.50
(2) (a) Any individual who desires to qualify as an eligible candidate may
23file an application with the board requesting approval to participate in the fund. The
24application shall be filed no later than the applicable deadline for filing nomination
25papers under s. 8.10 (2) (a), 8.15 (1), 8.20 (8) (a) or 8.50 (3) (a), no later than 4:30 p.m.
1on the 7th day after the primary or date on which the primary would be held if
2required in the case of write-in candidates, or no later than 4:30 p.m. on the 7th day
3after appointment in the case of candidates appointed to fill vacancies. The
4application shall contain a sworn statement that the candidate and his or her
5authorized agents have complied with the contribution limitations prescribed in s.
611.26 and the disbursement limitations prescribed under s. 11.31
(1), as adjusted
7under s. 11.31 (9), at all times to which such limitations have applied to his or her
8candidacy and will continue to comply with the limitations at all times to which the
9limitations apply to his or her candidacy for the office in contest, unless the board
10determines that the candidate is not eligible to receive a grant, the candidate
11withdraws his or her application under par. (h), or par. (i) applies.
AB701, s. 72
12Section
72. 11.50 (2) (b) 3m. of the statutes is created to read:
AB701,41,1513
11.50
(2) (b) 3m. The candidate and his or her personal campaign committee
14are in compliance with all obligations imposed upon the candidate under this section
15with respect to any grant previously received by the candidate.
AB701, s. 73
16Section
73. 11.50 (2) (b) 5. of the statutes is amended to read:
AB701,42,1617
11.50
(2) (b) 5. The financial reports filed by or on behalf of the candidate as
18of the date of the spring or September primary, or the date that the special primary
19is or would be held, if required, indicate that the candidate has received at least the
20amount provided in this subdivision, from contributions of money, other than loans,
21made by individuals
who are residents of this state, which have been received during
22the period ending on the date of the spring primary and July 1 preceding such date
23in the case of candidates at the spring election, or the date of the September primary
24and January 1 preceding such date in the case of candidates at the general election,
25or the date that a special primary will or would be held, if required, and 90 days
1preceding such date or the date a special election is ordered, whichever is earlier, in
2the case of special election candidates, which contributions are in the aggregate
3amount of $100 or less, and which are fully identified and itemized as to the exact
4source thereof. A contribution received from a conduit which is identified by the
5conduit as originating from an individual shall be considered a contribution made by
6the individual.
In the case of a candidate for legislative office, at least 50% of the
7contributions shall be received from individuals who are residents of a county having
8territory within the district in which the candidate seeks office. Only the first $100
9of an aggregate contribution of more than $100 may be counted toward the required
10percentage. For a candidate
at the spring or general election for an office identified
11in s. 11.26 (1) (a) or a candidate at a special election for the office of governor, the
12required amount to qualify for a grant is 5% of the candidate's authorized
13disbursement limitation under s. 11.31
(1), as adjusted under s. 11.31 (9). For
a
14candidate for any other
candidate at the general election state office, the required
15amount to qualify for a grant is 10% of the candidate's authorized disbursement
16limitation under s. 11.31
(1), as adjusted under s. 11.31 (9).
AB701, s. 74
17Section
74. 11.50 (2) (g) of the statutes is amended to read:
AB701,42,2518
11.50
(2) (g) A candidate who voluntarily files an application to receive a grant
19in accordance with this subsection accepts and agrees to comply with the
20contribution limitations prescribed in s. 11.26 and the disbursement limitations
21imposed under s. 11.31
(2), as adjusted under s. 11.31 (9) as binding upon himself or
22herself and his or her agents during the campaign as defined in s. 11.31 (7), as a
23precondition to receipt of a grant under this section, unless the board determines
24that the candidate is not eligible to receive a grant, the candidate withdraws the
25application under par. (h), or par. (i) applies.
AB701, s. 75
1Section
75. 11.50 (2) (i) of the statutes is amended to read:
AB701,43,132
11.50
(2) (i) Notwithstanding par. (g), if an eligible candidate at the spring
3election or a special nonpartisan election who accepts a grant is opposed by one or
4more candidates in the election, or if an eligible candidate at the general election or
5a special partisan election who accepts a grant is opposed by one or more candidates
6in the election who receive at least 6% of the vote cast for all candidates for the same
7office on all ballots at the September primary or a special partisan primary if a
8primary was held, and in either case if any such opponent of the eligible candidate
9does not accept a grant under this section in whole or in part, the eligible candidate
10is not bound by the pledge made in his or her application to adhere to the contribution
11limitations prescribed in s. 11.26 and the disbursement limitation prescribed under
12s. 11.31
(2), as adjusted under s. 11.31 (9), unless each such opponent files an affidavit
13of voluntary compliance under s. 11.31 (2m).
AB701, s. 76
14Section
76. 11.50 (8) of the statutes is amended to read:
AB701,44,215
11.50
(8) Lapsing grants. All grants disbursed under sub. (5) remain the
16property of the state until disbursed or encumbered for a lawful purpose. All grant
17moneys
and all other income received by a candidate that are
unspent and 18unencumbered by
a the candidate on the day after the election in which the candidate
19participates shall revert to the state
, up to the total amount of the grant received by
20that candidate. All deposits and refunds
derived from grant moneys that are
21received by a candidate at any time after the day of the election in which the
22candidate participates shall revert to the state
to the extent that the deposits and
23refunds, when combined with other unencumbered moneys in the campaign
24depository account of that candidate, do not exceed the amount of the grant received
1by that candidate. All reversions shall be returned to the board by the candidate and
2shall be deposited in the fund.
AB701, s. 77
3Section
77. 11.50 (9) of the statutes is renumbered 11.50 (9) (intro.) and
4amended to read:
AB701,44,145
11.50
(9) Limitation on grants. (intro.) The total grant available to an eligible
6candidate may not exceed that amount which, when added to all other contributions
7accepted from sources other than individuals, political party committees and
8legislative campaign committees, is equal to
45%
the percentage of the disbursement
9level specified
in this subsection for the applicable office under s. 11.31
(1), as
10adjusted under s. 11.31 (9). The board shall scrutinize accounts and reports and
11records kept under this chapter to assure that applicable limitations under ss. 11.26
12(9) and 11.31 are not exceeded and any violation is reported. No candidate or
13campaign treasurer may accept grants exceeding the amount authorized by this
14subsection.
The percentage is:
AB701, s. 78
15Section
78. 11.50 (9) (a) and (b) of the statutes are created to read: