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MS SB2590
Bill
AI Summary
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Prohibits elected officials and candidates from using campaign funds for personal expenses, defined as expenditures that would be treated as gross income under federal tax law
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Specifically bans using campaign funds for residential expenses, funeral costs, clothing, automobiles, tuition, country club dues, family member salaries (unless providing bona fide campaign services), entertainment, loans, out-of-state travel, and payment of legal fines
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Permits campaign fund use for ordinary campaign expenses, office equipment, charitable donations (with no personal benefit), in-state travel for official duties, nominal gifts, and meal expenses related to campaign or official functions
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Requires unused campaign funds to be maintained in campaign accounts, donated to political organizations or charities, transferred to PACs, donated to the state, or returned to donors
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Establishes misdemeanor penalties including a $1,000 fine plus an assessment equal to misappropriated funds to be deposited into the Public Employees' Retirement System, and prohibits the Governor, Lieutenant Governor, and legislators from soliciting contributions during legislative sessions
Legislative Description
Campaign funds; prohibit personal use of.
Last Action
Died In Committee
1/31/2017