CODING: Words stricken are deletions; words underlined are additions.

House Bill 2009

Florida House of Representatives - 1997 HB 2009 By Representative Kelly 1 A bill to be entitled 2 An act relating to campaign financing; amending 3 s. 106.141, F.S.; limiting the amount of 4 surplus funds that may be given to a political 5 party; providing an effective date. 6 7 Be It Enacted by the Legislature of the State of Florida: 8 9 Section 1. Subsection (4) of section 106.141, Florida 10 Statutes, is amended to read: 11 106.141 Disposition of surplus funds by candidates.-- 12 (4)(a) Except as provided in paragraph (b), any 13 candidate required to dispose of funds pursuant to this 14 section shall, at the option of the candidate, dispose of such 15 funds by any of the following means, or any combination 16 thereof: 17 1. Return pro rata to each contributor the funds that 18 which have not been spent, or have not been obligated to be 19 spent, with respect to a campaign which has been conducted. 20 2. Donate the funds that which have not been spent or 21 have not been obligated to be spent to a charitable charity 22 organization or organizations that which meet the 23 qualifications of s. 501(c)(3) of the Internal Revenue Code, 24 with respect to a campaign which has been conducted. 25 3. Give not more than $10,000 of the funds that which 26 have not been spent or have not been obligated to be spent to 27 the political party of which such candidate is a registered 28 member. 29 4. Give the funds that which have not been spent, or 30 have not been obligated to be spent, with respect to a 31 campaign which has been conducted: 1 CODING: Words stricken are deletions; words underlined are additions. Florida House of Representatives - 1997 HB 2009 90-384A-97 1 a. In the case of a candidate for state office, to the 2 state, to be deposited in either the Election Campaign 3 Financing Trust Fund or the General Revenue Fund, as 4 designated by the candidate; or 5 b. In the case of a candidate for an office of a 6 political subdivision, to such political subdivision, to be 7 deposited in the general fund thereof. 8 (b) Any candidate required to dispose of funds 9 pursuant to this section who has received contributions from 10 the Election Campaign Financing Trust Fund shall return all 11 surplus campaign funds to the Election Campaign Financing 12 Trust Fund. 13 Section 2. This act shall take effect upon becoming a 14 law. 15 16 ***************************************** 17 HOUSE SUMMARY 18 Limits to $10,000 the amount of surplus funds that may be 19 given to a political party. 20 21 22 23 24 25 26 27 28 29 30 31 2