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AL SB289
Bill
AI Summary
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Permits political action committees (PACs) that are not principal campaign committees to make contributions and expenditures to political parties.
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Maintains existing prohibition on PACs making contributions to other PACs, except that PACs may contribute to principal campaign committees if the donor PAC is not a principal campaign committee.
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Allows principal campaign committees to transfer funds only to other principal campaign committees on behalf of the same person.
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Exempts separate segregated funds established by corporations under federal law from contribution restrictions if the fund receives contributions only from employees and directors within the state.
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Becomes effective immediately upon passage and approval by the Governor or upon otherwise becoming law.
Legislative Description
Relating to political action committees; to amend Section 17-5-15, Code of Alabama 1975, to permit PACs to make contributions to political parties in certain circumstances.
Political action committees, allow contributions to political parties
Last Action
Referred to Committee to House Ethics and Campaign Finance
5/16/2023