Amendment SA3-SB190

LRBa1578/1

JTK:cjs:hmh

1999 - 2000 LEGISLATURE

SENATE AMENDMENT 3, TO 1999 SENATE BILL 190

March 7, 2000 - Offered by Joint committee on Finance.

SB190-SA3,1,1 At the locations indicated, amend the bill as follows:

SB190-SA3,1,2 1. Page 13, line 15: after that line insert:

SB190-SA3,1,3 " Section 10e. 11.05 (3) (q) of the statutes is created to read:

SB190-SA3,1,12 11.05 (3) (q) In the case of a registrant who or which does not maintain a street address within this state, a report providing the information specified by the board for the portion of the year in which the registrant initially files a statement under this section before filing that statement and the one-year period preceding the beginning of that year, plus any additional period required under sub. (7m) to enable the registrant to make a contribution or disbursement from the property or funds. The report required under this paragraph may be filed no later than 10 days following the remainder of a statement filed under this section. A registration lapses if the report required under this paragraph is not filed in a timely manner.

SB190-SA3, s. 10m Section 10m. 11.05 (7) of the statutes is amended to read:

SB190-SA3,2,11 11.05 (7) Change in status of new registrant. Notwithstanding sub. (6) Except as provided in sub. (7m), any individual or organization who or which has received property or funds which were not intended for political purposes in connection with an election for state or local office at the time of receipt may make contributions or disbursements from such property or funds in connection with an election for state or local office if the individual or organization complies with applicable provisions of sub. (1), (2) or (2g) as soon as such intent changes. For purposes of s. 11.06 (1), all property or funds which are in a registrant's the possession of such an individual or organization on the date of registration under this section shall be treated as received on the date that such intent changes so that the property or funds are to be used for political purposes in connection with an election for state or local office.

SB190-SA3, s. 10r Section 10r. 11.05 (7m) of the statutes is created to read:

SB190-SA3,3,2 11.05 (7m) Nonresident registrants; additional information. If a registrant who or which does not maintain a street address in this state has property or funds in the possession of the registrant on the date of registration from which the registrant wishes to make a contribution or disbursement, the registrant may make a contribution or disbursement from the property or funds to the extent permitted under this chapter if the registrant obtained the property or funds from sources and in amounts that were lawful under this chapter at the time that the property or funds were received by the registrant, and the registrant reports to the appropriate filing officer the information specified by the board under sub. (3) (q) with respect to the property or funds prior to making any contribution or disbursement from the property or funds. For purposes of determining the source of property or funds in the possession of a registrant at the time of registration under this subsection, the property and funds in the possession of a registrant shall be allocated to the sources from which the registrant received property and funds in the inverse order in which the property and funds were chronologically received.".

SB190-SA3,3,3 2. Page 14, line 4: after that line insert:

SB190-SA3,3,4 " Section 13m. 11.06 (1) (intro.) of the statutes is amended to read:

SB190-SA3,3,11 11.06 (1) Contents of report. (intro.) Except as provided in subs. (2), (3) and (3m) and ss. 11.05 (2r) and 11.19 (2), each registrant under s. 11.05 shall make full reports, upon a form prescribed by the board and signed by the appropriate individual under sub. (5), of all contributions received, contributions or disbursements made, and obligations incurred. Each report shall contain the following information, covering the period since the last date covered on the previous report, unless otherwise provided:".

SB190-SA3,3,12 3. Page 14, line 16: after that line insert:

SB190-SA3,3,13 " Section 14m. 11.06 (3) (b) of the statutes is repealed.".

SB190-SA3,3,14 4. Page 16, line 3: after that line insert:

SB190-SA3,3,15 " Section 18m. 11.12 (4) of the statutes is amended to read:

SB190-SA3,3,20 11.12 (4) Each registrant shall report contributions, disbursements and incurred obligations in accordance with s. 11.20, and if the registrant files reports under s. 11.21 (16), in accordance with s. 11.21 (16). Except as permitted under s. 11.06 (2), (3) and (3m), each report shall contain the information which is required under s. 11.06 (1).".

SB190-SA3,3,21 (End)