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AR SB82

Bill

Status

Failed

10/15/2021

Primary Sponsor

Jonathan Dismang

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Origin

Senate

93rd General Assembly (2021 Regular)

AI Summary

SB82 Summary

  • When a candidate withdraws from one race and files for a different elected office, all campaign funds collected for the initial candidacy must be returned to contributors within 30 days following the end of the month of withdrawal.

  • Campaign funds cannot be transferred or used for the candidate's subsequent campaign for a different office.

  • Contributions are returned to contributors on a pro-rata basis of remaining campaign funds, with no single return exceeding the original contribution amount.

  • If a candidate cannot identify a contribution's source, the funds must be directed to the State Treasurer, a political party, a 501(c)(3) nonprofit organization, or municipalities.

  • The bill declares an emergency and becomes effective upon gubernatorial approval, expiration of the Governor's veto period, or veto override.

Legislative Description

To Amend The Law Concerning Campaign Contributions; To Establish The Procedure For Distribution Of Campaign Contributions When A Candidate Withdraws And Files For A Different Office; And To Declare An Emergency.

Last Action

Died in Senate Committee at Sine Die adjournment.

10/15/2021

Committee Referrals

State Agencies & Governmental Affairs1/11/2021

Full Bill Text

No bill text available