Senate Bill 0960

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



    Florida Senate - 1998                                   SB 960

    By Senator Harris





    24-211-98

  1                      A bill to be entitled

  2         An act relating to campaign financing; amending

  3         s. 106.08, F.S.; providing a limitation on

  4         contributions made by a corporation and its

  5         subsidiary corporations; providing an effective

  6         date.

  7

  8  Be It Enacted by the Legislature of the State of Florida:

  9

10         Section 1.  Subsection (1) of section 106.08, Florida

11  Statutes, is amended to read:

12         106.08  Contributions; limitations on.--

13         (1)(a)  Except for political parties, no person,

14  political committee, or committee of continuous existence may,

15  in any election, make contributions in excess of $500 to any

16  candidate for election to or retention in office or to any

17  political committee supporting or opposing one or more

18  candidates.

19         (b)  A corporation may not, in any election, make

20  contributions in excess of $500 to any candidate for elections

21  to or retention in office or to any political committee

22  supporting or opposing one or more candidates. If a

23  corporation has a board of directors or executive officers in

24  common with one or more subsidiary corporations, the total

25  contribution for both the corporation and those subsidiary

26  corporations may not exceed $1,000. Candidates for the offices

27  of Governor and Lieutenant Governor on the same ticket are

28  considered a single candidate for the purpose of this section.

29         (c)(b)1.  The contribution limits provided in this

30  subsection do not apply to contributions made by a state or

31  county executive committee of a political party regulated by

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






    Florida Senate - 1998                                   SB 960
    24-211-98




  1  chapter 103 or to amounts contributed by a candidate to his or

  2  her own campaign.

  3         2.  Notwithstanding the limits provided in this

  4  subsection, an unemancipated child under the age of 18 years

  5  of age may not make a contribution in excess of $100 to any

  6  candidate or to any political committee supporting one or more

  7  candidates.

  8         (d)(c)  The contribution limits of this subsection

  9  apply to each election.  For purposes of this subsection, the

10  first primary, second primary, and general election are

11  separate elections so long as the candidate is not an

12  unopposed candidate as defined in s. 106.011(15).  However,

13  for the purpose of contribution limits with respect to

14  candidates for retention as a justice of the Supreme Court or

15  judge of a district court of appeal, there is only one

16  election, which is the general election, and with respect to

17  candidates for circuit judge or county court judge, there are

18  only two elections, which are the first primary election and

19  general election.

20         Section 2.  This act shall take effect upon becoming a

21  law.

22

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24                          SENATE SUMMARY

25    Provides the limitation of a total contribution of $1,000
      that may be made by a corporation and one or more of its
26    subsidiaries to a candidate for election to or retention
      in office or to any political committee supporting or
27    opposing one or more candidates.

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