Senate Bill sb2156

    Florida Senate - 2006                                  SB 2156

    By Senator Dockery





    15-1578-06                                         See HB 1037

  1                      A bill to be entitled

  2         An act relating to campaign financing; amending

  3         s. 106.141, F.S.; allowing unopposed

  4         legislative candidates to transfer surplus

  5         campaign funds to or retain such funds in a

  6         campaign account for reelection to the same

  7         office; establishing limits on the transferable

  8         amount of such funds; providing an effective

  9         date.

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

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13         Section 1.  Paragraph (a) of subsection (4) of section

14  106.141, Florida Statutes, is amended to read:

15         106.141  Disposition of surplus funds by candidates.--

16         (4)(a)  Except as provided in paragraph (b), any

17  candidate required to dispose of funds pursuant to this

18  section shall, at the option of the candidate, dispose of such

19  funds by any of the following means, or any combination

20  thereof:

21         1.  Return pro rata to each contributor the funds that

22  have not been spent or obligated.

23         2.  Donate the funds that have not been spent or

24  obligated to a charitable organization or organizations that

25  meet the qualifications of s. 501(c)(3) of the Internal

26  Revenue Code.

27         3.  Give not more than $10,000 of the funds that have

28  not been spent or obligated to the political party of which

29  such candidate is a member, except that a candidate for the

30  Florida Senate may give not more than $30,000 of such funds to

31  the political party of which the candidate is a member.

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    Florida Senate - 2006                                  SB 2156
    15-1578-06                                         See HB 1037




 1         4.  Give the funds that have not been spent or

 2  obligated:

 3         a.  In the case of a candidate for state office, to the

 4  state, to be deposited in either the Election Campaign

 5  Financing Trust Fund or the General Revenue Fund, as

 6  designated by the candidate; or

 7         b.  In the case of a candidate for an office of a

 8  political subdivision, to such political subdivision, to be

 9  deposited in the general fund thereof.

10         5.  With respect to an unopposed candidate for the

11  House of Representatives or the Senate, transfer the funds to

12  or retain the funds in a campaign account for the same office

13  to which the candidate was elected by virtue of being

14  unopposed, with a maximum per election of $50,000 for a

15  candidate for the House of Representatives and $150,000 for a

16  candidate for the Senate.

17         Section 2.  This act shall take effect July 1, 2006.

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