Amendment JR2 CA2-ASA1-AB1

AB1-ASA1-CA2,28,7 11.20 (2s) A registrant which is required to file reports under s. 11.12 (6) (am) shall file the reports by the date required under s. 11.12 (6) (am).

AB1-ASA1-CA2, s. 1ik Section 1ik. 11.20 (2t) of the statutes is created to read:

AB1-ASA1-CA2,28,10 11.20 (2t) A registrant which is required to file reports under s. 11.12 (6) (c) shall file the reports by the date required under s. 11.12 (6) (c).

AB1-ASA1-CA2, s. 1im Section 1im. 11.20 (3) (a) and (b) of the statutes are amended to read:

AB1-ASA1-CA2,28,18 11.20 (3) (a) A In addition to any reports required under s. 11.12 (8), a candidate or personal campaign committee of a candidate at a primary shall file a preprimary and preelection report. If a candidate for a nonpartisan state office at an election is not required to participate in a primary, the candidate or personal campaign committee of the candidate shall file a preprimary report at the time prescribed in sub. (2) preceding the date specified in s. 5.02 (20) or (22) for the holding of the primary, were it to be required.

AB1-ASA1-CA2,28,21 (b) A In addition to any reports required under s. 11.12 (8), a candidate or personal campaign committee of a candidate at an election other than a primary shall file a preelection report.

AB1-ASA1-CA2, s. 1io Section 1io. 11.20 (7) of the statutes is amended to read:

AB1-ASA1-CA2,28,25 11.20 (7) In Except as otherwise required under s. 11.21 (16), in the event that any report is required to be filed under this section chapter on a nonbusiness day, it may be filed on the next business day thereafter.

AB1-ASA1-CA2, s. 1iq Section 1iq. 11.20 (8) (intro.) of the statutes, as affected by 2001 Wisconsin Act 103, is amended to read:

AB1-ASA1-CA2,29,4 11.20 (8) (intro.) Reports filed under subs. (2), (4), and (4m) and s. 11.12 (8) shall include all contributions received and transactions made as of the end of:

AB1-ASA1-CA2, s. 1it Section 1it. 11.20 (8) (a) of the statutes, as affected by 2001 Wisconsin Act 103, is amended to read:

AB1-ASA1-CA2,29,8 11.20 (8) (a) The 15th day preceding the primary or election in the case of the preprimary and preelection report under sub. (2).

AB1-ASA1-CA2, s. 1iu Section 1iu. 11.20 (8) (am) of the statutes is created to read:

AB1-ASA1-CA2,29,11 11.20 (8) (am) The Saturday preceding the due date under sub. (2) in the case of a weekly preelection report under s. 11.12 (8).

AB1-ASA1-CA2, s. 1iw Section 1iw. 11.20 (9) of the statutes is amended to read:

AB1-ASA1-CA2,29,15 11.20 (9) Except as provided in ss. 11.05 (2r) 11.06 (2m) and 11.19 (2), the duty to file reports under this section continues until a termination report is filed in accordance with s. 11.19.

AB1-ASA1-CA2, s. 1iz Section 1iz. 11.20 (10) (a) of the statutes is amended to read:

AB1-ASA1-CA2,29,23 11.20 (10) (a) Where a requirement is imposed under this section for the filing of a financial report which is to be received by the appropriate filing officer no later than a certain date, the requirement may be satisfied either by actual receipt of the report by the prescribed time for filing at the office of the filing officer, or by filing a report with the U.S. postal service by first class mail with sufficient prepaid postage, addressed to the appropriate filing officer, no later than the 3rd day before the date provided by law for receipt of such report.

AB1-ASA1-CA2, s. 1jc Section 1jc. 11.20 (12) of the statutes is amended to read:

AB1-ASA1-CA2,30,5 11.20 (12) If a candidate is unopposed in a primary or election, the obligation to file the reports required by this chapter does not cease. Except as provided in ss. 11.05 (2r) 11.06 (2m) and 11.19 (2), a registrant who makes or receives no contributions, makes no disbursements or incurs no obligations shall so report on the dates designated in subs. (2) and (4).

AB1-ASA1-CA2, s. 1je Section 1je. 11.21 (2) of the statutes is amended to read:

AB1-ASA1-CA2,30,19 11.21 (2) Furnish to each registrant prescribed forms for the making of reports and statements. Forms shall be sent by 1st class mail not earlier than 21 days and not later than 14 days prior to the applicable filing deadline under s. 11.20, and addressed to the attention of the treasurer or other person indicated on the registration statement. Forms need not be sent to a registrant who has made an indication that aggregate contributions, disbursements and obligations will not exceed the amount specified under s. 11.05 (2r) 11.06 (2m) or to a registrant who has been granted a suspension under s. 11.19 (2). Forms for reports shall not be sent by the board to a registrant if the registrant is required to file reports with the board in an electronic format. Whenever any notice of filing requirements under this chapter is sent to a candidate's campaign treasurer, the board shall also send a notice to the candidate if he or she has appointed a separate treasurer. Failure to receive any form or notice does not exempt a registrant from compliance with this chapter.

AB1-ASA1-CA2, s. 1jg Section 1jg. 11.21 (15) of the statutes is amended to read:

AB1-ASA1-CA2,31,2 11.21 (15) Inform each candidate who files an application to become eligible to receive a grant from the Wisconsin election campaign fund of the dollar amount of the applicable disbursement limitation under s. 11.31 (1), adjusted as provided under s. 11.31 (9), which applies to the office for which such person is a candidate. Failure to receive the notice required by this subsection does not constitute a defense to a violation of s. 11.27 (1) or 11.31.

AB1-ASA1-CA2, s. 1ji Section 1ji. 11.21 (16) of the statutes is amended to read:

AB1-ASA1-CA2,32,12 11.21 (16) Require each registrant for whom the board serves as filing officer and who or which accepts contributions in a total amount or value of $20,000 or more during a campaign period to file each campaign finance report that is required to be filed under this chapter in an electronic format, and accept from any other registrant for whom the board serves as a filing officer any campaign finance report that is required to be filed under this chapter in an electronic format. A registrant who or which becomes subject to a requirement to file reports in an electronic format under this subsection shall initially file the registrant's report in an electronic format for the period which includes the date on which the registrant becomes subject to the requirement or, if the registrant is required to report transactions within 24 hours of their occurrence, within 24 hours after the date on which the registrant becomes subject to the requirement. To facilitate implementation of this subsection, the board shall specify, by rule, a type of software that is suitable for compliance with the electronic filing requirement under this subsection. The board shall provide copies of the software to registrants at a price fixed by the board that may not exceed cost. Each registrant who or which files a report under this subsection in an electronic format shall also file a copy of the report with the board that is recorded on a medium specified by the board. The copy shall be signed by an authorized individual and filed with the board by each registrant no later than the time prescribed for filing of the report under this chapter. If a registrant is a committee, the copy shall be certified by an authorized individual and filed with the board by the registrant no later than 24 hours after the occurrence of any transaction that is reportable under s. 11.06 (1). If a registrant or other person becomes subject to a requirement to report electronically under this subsection, the registrant or other person shall continue to report electronically regardless of the amount of contributions accepted or expenditures made by the registrant or other person, until a termination report is filed. The board shall provide complete instructions to any registrant who or which files a report under this subsection. In this subsection, the "campaign period" of a candidate, personal campaign committee or support committee begins and ends with the "campaign" of the candidate whose candidacy is supported, as defined in s. 11.26 (17), and the "campaign period" of any other registrant begins on January 1 of each odd-numbered year and ends on December 31 of the following year. Section 990.001 (4) does not apply to the computation of time permitted for compliance with the filing requirements under this subsection.

AB1-ASA1-CA2, s. 1jk Section 1jk. 11.21 (17) of the statutes is created to read:

AB1-ASA1-CA2,32,22 11.21 (17) Promulgate rules that require public access channel operators and licensees of public television stations in this state to provide a minimum amount of free time on public access channels and public television stations to individuals whose names are certified under s. 7.08 (2) (a) or 8.50 (1) (d) to appear as candidates for state office on the ballot at general, spring, or special elections. The rules promulgated under this subsection shall require public access channel operators and licensees of public television stations to offer the same amount of time to each candidate for a particular state office, but may require different amounts of time to be offered to candidates for different offices.

AB1-ASA1-CA2, s. 1jm Section 1jm. 11.22 (3) of the statutes is amended to read:

AB1-ASA1-CA2,33,10 11.22 (3) Furnish to each registrant prescribed forms for the making of reports and statements. Forms shall be sent by 1st class mail not earlier than 21 days and not later than 14 days prior to the applicable filing deadline under s. 11.20 and addressed to the attention of the treasurer or other person indicated on the registration statement. Forms need not be sent to a registrant who has made an indication that aggregate contributions, disbursements and obligations will not exceed the amount specified under s. 11.05 (2r) 11.06 (2m) or to a registrant who has been granted a suspension under s. 11.19 (2). Whenever any notice of the filing requirements under this chapter is sent to a candidate's campaign treasurer, the filing officer shall also send a notice to the candidate if he or she has appointed a separate treasurer. Failure to receive any form or notice does not exempt a registrant from compliance with this chapter.

AB1-ASA1-CA2, s. 1jo Section 1jo. 11.23 (1) of the statutes is amended to read:

AB1-ASA1-CA2,33,24 11.23 (1) Any group or individual may promote or oppose a particular vote at any referendum in this state. Before making disbursements, receiving contributions or incurring obligations in excess of $25 $100 in the aggregate in a calendar year for such purposes, the group or individual shall file a registration statement under s. 11.05 (1), or (2) or (2r). In the case of a group the name and mailing address of each of its officers shall be given in the statement. Every group and every individual under this section shall designate a campaign depository account under s. 11.14. Every group shall appoint a treasurer, who may delegate authority but is jointly responsible for the actions of his or her authorized designee for purposes of civil liability under this chapter. The appropriate filing officer shall be notified by a group of any change in its treasurer within 10 days of the change under s. 11.05 (5). The treasurer of a group shall certify the correctness of each statement or report submitted by it under this chapter.

AB1-ASA1-CA2, s. 1jq Section 1jq. 11.23 (2) of the statutes is amended to read:

AB1-ASA1-CA2,34,5 11.23 (2) Any anonymous contribution exceeding $10 received by an individual or group treasurer may not be used or expended. The contribution shall be donated to the common school fund or to any charitable organization or transferred to the board for deposit in the Wisconsin election campaign fund, at the option of the treasurer.

AB1-ASA1-CA2, s. 1js Section 1js. 11.24 (1w) of the statutes is created to read:

AB1-ASA1-CA2,34,11 11.24 (1w) (a) Except as authorized under s. 11.26 (9m), no candidate or personal campaign committee of a candidate who accepts a grant under s. 11.50 may accept any contribution from a committee other than a political party committee if the full amount of the grant, except any grant authorized under s. 11.50 (4) (bg) or (br), to which the candidate is entitled under s. 11.50 (9) is available to the candidate.

AB1-ASA1-CA2,34,20 (b) Except as authorized under s. 11.26 (9m), if a candidate accepts a grant under s. 11.50 and the full amount of the grant, except any grant authorized under s. 11.50 (4) (bg) or (br), to which the candidate is entitled under s. 11.50 (9) is not available to the candidate, the candidate may not accept any contributions from committees other than political party committees exceeding that amount which, when added to the amount of the grant received under s. 11.50 (9), equals the percentage specified in s. 11.26 (9) (am) of the disbursement level specified in s. 11.31 (1) (a) to (de), (e), or (f), as adjusted under s. 11.31 (9), for the office that the candidate seeks.

AB1-ASA1-CA2, s. 1ju Section 1ju. 11.24 (2) of the statutes is renumbered 11.24 (5).

AB1-ASA1-CA2, s. 1jw Section 1jw. 11.24 (4) of the statutes is created to read:

AB1-ASA1-CA2,35,3 11.24 (4) (a) No person may make a contribution to an incumbent partisan state elective official or to the personal campaign committee or support committee authorized under s. 11.05 (3) (p) of that official for the purpose of promoting that official's nomination or reelection to the office held by the official during the period beginning on the first Monday of January in each odd-numbered year and ending on the date of enactment of the biennial budget act.

AB1-ASA1-CA2,35,8 (b) Paragraph (a) does not apply to a contribution made to an incumbent partisan state elective official against whom a recall petition has been filed during the period beginning on the date that the petition offered for filing is filed under s. 9.10 (3) (b) and ending on the date of the recall election unless the official resigns at an earlier date under s. 9.10 (3) (c).

AB1-ASA1-CA2, s. 1jy Section 1jy. 11.26 (1) (intro.) of the statutes is amended to read:

AB1-ASA1-CA2,35,15 11.26 (1) (intro.) No Subject to sub. (10a) and except as provided under subs. (1m), (1t), (9m), and (10), no individual may make any contribution or contributions to a candidate for election or nomination to any of the following offices and to any individual or committee under s. 11.06 (7) acting solely in support of such a candidate or solely in opposition to the candidate's opponent to the extent of more than a total of the amounts specified per candidate:

AB1-ASA1-CA2, s. 1kb Section 1kb. 11.26 (1m) of the statutes is created to read:

AB1-ASA1-CA2,35,22 11.26 (1m) Subject to sub. (10a) and except as provided under subs. (1t) and (9m), no individual may make any contribution or contributions to a candidate for election or nomination to legislative office who has not filed an affidavit under s. 11.31 (2m) and to any individual or committee under s. 11.06 (7) acting solely in support of such a candidate or solely in opposition to the candidate's opponent to the extent of more than a total of the amounts specified per candidate:

AB1-ASA1-CA2,35,23 (a) Candidates for state senator, $500.

AB1-ASA1-CA2,35,24 (b) Candidates for representative to the assembly, $250.

AB1-ASA1-CA2, s. 1kd Section 1kd. 11.26 (1t) of the statutes is created to read:

AB1-ASA1-CA2,36,13 11.26 (1t) The limitations under sub. (1m) apply to any candidate for legislative office who files an affidavit under s. 11.31 (2m) (a) but who the board determines is ineligible to receive a grant from the Wisconsin election campaign fund, who withdraws his or her application for a grant under s. 11.50 (2) (h), or to whom s. 11.50 (2) (i) applies, unless the candidate subsequently files an affidavit under s. 11.31 (2m) (b). Any such candidate who has received a contribution that exceeds the amount specified for the office the candidate seeks under sub. (1m) before the date on which a limitation under sub. (1m) applies to the candidate shall return to the contributor, donate to the common school fund or to any charitable organization, or transfer to the board for deposit in the Wisconsin election campaign fund the excess amount of the contribution. If a candidate for legislative office files an affidavit under s. 11.31 (2m) (b), the limitations under sub. (1) apply to that candidate beginning on the date that the affidavit is filed.

AB1-ASA1-CA2, s. 1kf Section 1kf. 11.26 (2) (intro.) of the statutes is amended to read:

AB1-ASA1-CA2,36,21 11.26 (2) (intro.) No Subject to sub. (10a) and except as provided under subs. (2m), (2t), and (9m), no committee other than a political party committee or legislative campaign committee may make any contribution or contributions to a candidate for election or nomination to any of the following offices and to any individual or committee under s. 11.06 (7) acting solely in support of such a candidate or solely in opposition to the candidate's opponent to the extent of more than a total of the following amounts specified per candidate:

AB1-ASA1-CA2, s. 1kh Section 1kh. 11.26 (2) (a) of the statutes is amended to read:

AB1-ASA1-CA2,36,25 11.26 (2) (a) Candidates for governor, lieutenant governor, secretary of state, state treasurer, attorney general, state superintendent or justice, 4% of the value of the disbursement level specified in the schedule under s. 11.31 (1) $43,500.

AB1-ASA1-CA2, s. 1kj Section 1kj. 11.26 (2) (ae), (am), (as) and (av) of the statutes are created to read:

AB1-ASA1-CA2,37,3 11.26 (2) (ae) Candidates for lieutenant governor, $12,000.

AB1-ASA1-CA2,37,4 (am) Candidates for attorney general, $22,000.

AB1-ASA1-CA2,37,5 (as) Candidates for state superintendent or justice, $10,000.

AB1-ASA1-CA2,37,6 (av) Candidates for secretary of state or state treasurer, $8,650.

AB1-ASA1-CA2, s. 1kL Section 1kL. 11.26 (2m) of the statutes is created to read:

AB1-ASA1-CA2,37,14 11.26 (2m) Subject to sub. (10a) and except as provided under subs. (2t) and (9m), no committee other than a political party committee may make any contribution or contributions to a candidate for election or nomination to legislative office who has not filed an affidavit under s. 11.31 (2m) and to any individual or committee under s. 11.06 (7) acting solely in support of such a candidate or solely in opposition to the candidate's opponent to the extent of more than a total of the amounts specified per candidate:

AB1-ASA1-CA2,37,15 (a) Candidates for state senator, $500.

AB1-ASA1-CA2,37,16 (b) Candidates for representative to the assembly, $250.

AB1-ASA1-CA2, s. 1kn Section 1kn. 11.26 (2t) of the statutes is created to read:

AB1-ASA1-CA2,38,5 11.26 (2t) The limitations under sub. (2m) apply to any candidate for legislative office who files an affidavit under s. 11.31 (2m) (a) but who the board determines is ineligible to receive a grant from the Wisconsin election campaign fund, who withdraws his or her application for a grant under s. 11.50 (2) (h), or to whom s. 11.50 (2) (i) applies, unless the candidate subsequently files an affidavit under s. 11.31 (2m) (b). Any such candidate who has received a contribution that exceeds the amount specified for the office the candidate seeks under sub. (2m) before the date on which a limitation under sub. (2m) applies to the candidate shall return to the contributor, donate to the common school fund or to any charitable organization, or transfer to the board for deposit in the Wisconsin election campaign fund the excess amount of the contribution. If a candidate for legislative office files an affidavit under s. 11.31 (2m) (b), the limitations under sub. (2) apply to that candidate beginning on the date that the affidavit is filed.

AB1-ASA1-CA2, s. 1kp Section 1kp. 11.26 (3) of the statutes is amended to read:

AB1-ASA1-CA2,38,11 11.26 (3) The contribution limitations of subs. (1) and, (1m), (2), and (2m) apply cumulatively to the entire primary and election campaign in which a candidate participates, whether or not there is a contested primary election. The total limitation may be apportioned in any manner desired between the primary and election. All moneys cumulate regardless of the time of contribution.

AB1-ASA1-CA2, s. 1kr Section 1kr. 11.26 (4) of the statutes is amended to read:

AB1-ASA1-CA2,38,17 11.26 (4) No Subject to sub. (10a), no individual may make any contribution or contributions to all candidates for state and local offices and to any individuals who or committees which are subject to a registration requirement under s. 11.05, including legislative campaign committees and committees of a political party, to the extent of more than a total of $10,000 in any calendar year.

AB1-ASA1-CA2, s. 1kt Section 1kt. 11.26 (5) of the statutes is amended to read:

AB1-ASA1-CA2,38,25 11.26 (5) The contribution limits provided in subs. (1), (1m), and (4) do not apply to a candidate who makes any contribution or contributions to his or her own campaign for office from the candidate's personal funds or property or the personal funds or property which are owned jointly or as marital property with the candidate's spouse, with respect to any contribution or contributions made to that candidate's campaign only. A candidate's personal contributions shall be deposited in his or her campaign depository account and reported in the normal manner.

AB1-ASA1-CA2, s. 1kv Section 1kv. 11.26 (6) of the statutes is amended to read:

AB1-ASA1-CA2,39,8 11.26 (6) When a candidate adopts a preexisting support committee as his or her personal campaign committee, the support committee is deemed to have been the same committee as the candidate's personal campaign committee for purposes of the application of subs. (1), (1m), (2), (2m), and (9). The limitations prescribed in subs. (1), (1m), (2), (2m), and (9) do not apply to the transfer of contributions which is made at the time of such adoption, but do apply to the contributions which have been made by any other committee to the support committee at the time of adoption.

AB1-ASA1-CA2, s. 1kx Section 1kx. 11.26 (8) of the statutes is amended to read:

AB1-ASA1-CA2,39,17 11.26 (8) (a) No Subject to sub. (10a) and except as provided in sub. (8n), no political party as defined in s. 5.02 (13) may receive more than a total of $150,000 $450,000 in value of its contributions in any biennium from all other committees, excluding contributions from legislative campaign committees and transfers between party committees of the same party. In this paragraph, a "biennium commences" means the time period commencing with January 1 of each odd-numbered year and ends ending with December 31 of each even-numbered year.

AB1-ASA1-CA2,39,22 (b) No Subject to sub. (10a) and except as provided in sub. (8n), no such political party may receive more than a total of $6,000 $18,000 in value of its contributions in any calendar year from any specific committee or its that specific committee's subunits or affiliates, excluding legislative campaign and political transfers between party committees of the same party.

AB1-ASA1-CA2,40,2 (c) No Subject to sub. (10a) and except as provided in sub. (8n), no committee, other than a political party or legislative campaign committee, may make any contribution or contributions, directly or indirectly, to a political party under s. 5.02 (13) in a calendar year exceeding a total value of $6,000 $18,000.

AB1-ASA1-CA2, s. 1kz Section 1kz. 11.26 (8n) of the statutes is created to read:

AB1-ASA1-CA2,40,13 11.26 (8n) (a) Subject to sub. (10a), a political party, as defined in s. 5.02 (13), may receive and accept for use under par. (b) up to a total of $450,000 in value of contributions in any biennium made or transferred to the party by all other individuals, committees, and conduits combined, excluding transfers between party committees of the same party. A political party may receive and accept a contribution transferred by a conduit under this paragraph only if the original contributor designated that the contribution was made for the purpose of contributing to accounts established by the political party under par. (b). Subsection (8) does not apply to contributions received and accepted under this paragraph. In this paragraph, "biennium" has the meaning given in sub. (8) (a).

AB1-ASA1-CA2,40,24 (b) A political party that receives and accepts a contribution under par. (a) shall maintain 2 segregated accounts, one designated as a "Section 11.26 (8n) Senate Account" and one designated as a "Section 11.26 (8n) Assembly Account." The political party shall deposit one-half of each contribution received and accepted under par. (a) in each account. Contributions deposited in the senate account may be disbursed only for the purpose of making contributions to candidates for the office of state senator that the candidates are authorized to receive and accept under sub. (9) (a). Contributions deposited in the assembly account may be disbursed only for the purpose of making contributions to candidates for the office of representative to the assembly that the candidates are authorized to receive and accept under sub. (9) (a).

AB1-ASA1-CA2, s. 1Lb Section 1Lb. 11.26 (8r) of the statutes is created to read:

AB1-ASA1-CA2,41,3 11.26 (8r) (a) Except as provided in par. (b), no committee may make a contribution to any other committee except a political party, personal campaign, or support committee.

AB1-ASA1-CA2,41,5 (b) Paragraph (a) does not apply to any contribution made by a committee to a bona fide affiliate of the committee, unless:

AB1-ASA1-CA2,41,7 1. The committees are affiliated only by means of affiliation with a confederation of multiple labor organizations or multiple trade interests; or

AB1-ASA1-CA2,41,9 2. Either committee is a confederation of multiple labor organizations or multiple trade interests.

AB1-ASA1-CA2, s. 1Ld Section 1Ld. 11.26 (9) (a) of the statutes is renumbered 11.26 (9) (a) (intro.) and amended to read:

AB1-ASA1-CA2,41,18 11.26 (9) (a) (intro.) No Except as provided under sub. (9m), no individual who is a candidate for state or local office may receive and accept more than 65% of the value of the total disbursement level determined under s. 11.31 (1), adjusted as provided under s. 11.31 (9), for the office for which he or she is a candidate during any primary and election campaign combined from all committees subject to a filing requirement, including political party and legislative campaign committees., except as follows:

AB1-ASA1-CA2, s. 1Lf Section 1Lf. 11.26 (9) (a) 1. to 4. of the statutes are created to read:

AB1-ASA1-CA2,42,2 11.26 (9) (a) 1. If a report filed under s. 11.12 (8) indicates that a candidate for legislative office has made disbursements exceeding the amount specified under s. 11.31 (1) (e) or (f) for the office that the candidate seeks, as adjusted under s. 11.31 (9), then each opposing candidate may exceed the limitation under this paragraph by receiving and accepting contributions from a political party committee paid out of the applicable account established under sub. (8n) (b) in an amount equivalent to the total amount by which the combined total of all such disbursements exceeds the applicable amount specified under s. 11.31 (1) (e) or (f), as adjusted under s. 11.31 (9).

AB1-ASA1-CA2,42,19 2. If a report filed under s. 11.12 (6) (am) or (c) indicates that disbursements have been made or are proposed to be made against a candidate for legislative office or in support of such a candidate's opponent, or that obligations have been incurred for such a purpose, and if the aggregate total of such disbursements, proposed disbursements, and obligations, less any disbursements made, or to be made, for the purpose of the payment of obligations that were previously reported, exceeds 5% of the amount specified under s. 11.31 (1) (e) or (f) for the office that the candidate seeks, as adjusted under s. 11.31 (9), then the candidate may exceed the limitation provided under this paragraph by receiving and accepting contributions from a political party committee paid out of the applicable account established under sub. (8n) (b) in an amount equivalent to the total amount of the disbursements and obligations reported under s. 11.12 (6) (am) during the period beginning with the 60th day preceding the general, special, or spring election at which the candidate seeks office and ending with the 31st day preceding that election, together with the total amount of the proposed disbursements and obligations reported under s. 11.12 (6) (c), less the amount of any disbursements made, or to be made, for the purpose of the payment of obligations that were previously reported.