| 1 | A bill to be entitled |
| 2 | An act relating to campaign financing; providing a short |
| 3 | title; amending s. 106.1405, F.S.; providing limitations |
| 4 | on the use and transfer of funds of organizations subject |
| 5 | to the requirements of 26 U.S.C. s. 527; providing an |
| 6 | effective date. |
| 7 |
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| 8 | Be It Enacted by the Legislature of the State of Florida: |
| 9 |
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| 10 | Section 1. This act may be cited as the "Election |
| 11 | Protection Act." |
| 12 | Section 2. Section 106.1405, Florida Statutes, is amended |
| 13 | to read: |
| 14 | 106.1405 Use of campaign funds.-- |
| 15 | (1) A candidate or the spouse of a candidate may not use |
| 16 | funds on deposit in a campaign account of such candidate to |
| 17 | defray normal living expenses for the candidate or the |
| 18 | candidate's family, other than expenses actually incurred for |
| 19 | transportation, meals, and lodging by the candidate or a family |
| 20 | member during travel in the course of the campaign. |
| 21 | (2)(a) An organization subject to the requirements of 26 |
| 22 | U.S.C. s. 527 may not use funds for any purpose other than the |
| 23 | purpose or purposes for which such funds were solicited. |
| 24 | (b) An organization subject to the requirements of 26 |
| 25 | U.S.C. s. 527 may not transfer funds to any political committee, |
| 26 | committee of continuous existence, electioneering communications |
| 27 | organization, or organization subject to the requirements of 26 |
| 28 | U.S.C. s. 527 or s. 501(c)(4) without notifying, no later than |
| 29 | 30 days after the transfer, each contributor in writing of |
| 30 | intended transfer of and offer to return pro rata, upon the |
| 31 | contributor's request, those contributions made to the |
| 32 | organization subject to the requirements of 26 U.S.C. s. 527. |
| 33 | Section 3. This act shall take effect July 1, 2006. |