Senate Bill sb0498

    Florida Senate - 2002                                   SB 498

    By Senators Smith, Pruitt and Latvala





    5-14-02

  1                      A bill to be entitled

  2         An act relating to campaign finance; creating

  3         s. 106.115, F.S.; requiring persons to maintain

  4         records and to file disclosure of certain

  5         political expenditures in which a candidate is

  6         named or depicted; providing penalties;

  7         providing an effective date.

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

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11         Section 1.  Section 106.115, Florida Statutes, is

12  created to read:

13         106.115  Certain disclosures required.--

14         (1)  Each person that makes an expenditure during the

15  60 days before any election for the purchase of a political

16  advertisement that names or depicts a candidate for office in

17  that election, whether in print or in a broadcast medium, must

18  disclose the source of the funds expended, the amount

19  expended, and the recipient of the funds. If the person is a

20  candidate or political committee required to appoint a

21  campaign treasurer, the campaign treasurer is responsible for

22  maintaining the records necessary to comply with this section

23  and for filing the disclosure. If the person is a natural

24  person who is not a candidate, he or she is responsible for

25  maintaining the records necessary to comply with this section

26  and for filing the disclosure. If the person is any

27  organization other than a political committee, it must

28  designate an individual responsible for maintaining the

29  records necessary to comply with this section and for filing

30  the disclosure. Disclosure under this section must be filed at

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    Florida Senate - 2002                                   SB 498
    5-14-02




  1  least 10 days before the election with the officer before whom

  2  the candidate named or depicted is required by law to qualify.

  3         (2)  Failure to file a disclosure required by this

  4  section is subject to the same penalties as failure to file a

  5  report required by s. 106.07.

  6         Section 2.  This act shall take effect January 1, 2003.

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  9                          SENATE SUMMARY

10    Requires that a person sponsoring a printed or broadcast
      political advertisement that names or depicts a candidate
11    for office within 60 days before the election must report
      the source, amount, and recipient of the funds. The
12    disclosure must be made at least 10 days before the
      election with the officer before whom the person depicted
13    has qualified. Failure to make the required disclosures
      is punishable by fine.
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