HOUSE BILL 1060

Sponsored By:

Delegates Walker and George

Entitled:

Campaign Finance Entities - Loans - Reporting Requirement and Penalties

Synopsis:

Requiring a campaign finance entity that receives a loan under a specified provision of law to report the receipt of the loan to the State Board of Elections within 24 hours of receipt; requiring the State Board to post specified information concerning the loan on the State Board Web site within 24 hours of notice; providing that penalties assessed for a violation of campaign contribution limits may be assessed against a lender, the candidate whose campaign finance entity received the loan, or both, as specified; etc.

History by Legislative and Calendar Date

House Action

2/11

First Reading Ways and Means

2/14

Hearing 2/22 at 1:00 p.m.

Senate Action

No Action

Sponsored by:

Delegate Jay Walker, District 26

Delegate Ron George, District 30

Bill indexed under the following Subjects:

Campaign Financing

Disclosure

Elections, State Board of

Electronic Government

Ethics

Loans -see also- Mortgages

Penalties and Sentences -see also- Death Penalty

Political Candidates

Political Committees

Public Information

Reports

Statutes of Limitation

Bill affects the following Statutes:

Election Law

( 13-230 , 13-604.1 )

Documents

Bill Text: First Reading, Third Reading, Enrolled

Fiscal and Policy Note: Available

Amendments: None offered