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AR HB1530

Bill

Status

Failed

10/15/2021

Primary Sponsor

David Ray

Click for details

Origin

House of Representatives

93rd General Assembly (2021 Regular)

AI Summary

  • Amends Arkansas Code § 7-6-203(g)(1) to specify how candidates must dispose of surplus campaign funds within 30 days following the end of the month in which an election is held or a candidate withdraws

  • Candidates may redirect surplus funds to the State Treasurer for the General Revenue Fund Account of the State Apportionment Fund, a political party or party caucus, or certain nonprofit organizations

  • Adds 501(c)(4) tax-exempt nonprofit organizations as an eligible recipient of surplus campaign funds, expanding beyond the existing 501(c)(3) nonprofit category

  • Permits candidates to donate surplus funds to first-class cities, second-class cities, or incorporated towns

  • Allows candidates to refund surplus campaign funds to original contributors to their campaign

Legislative Description

To Amend Arkansas Law Concerning Campaign Finance; And To Amend The Law Concerning Surplus Campaign Funds.

Last Action

Died in House Committee at Sine Die Adjournment

10/15/2021

Full Bill Text

No bill text available