October 30, 2023 - Introduced by Senators Larson, Carpenter, L. Johnson, Hesselbein and Spreitzer, cosponsored by Representatives J. Anderson, Snodgrass, C. Anderson, Andraca, Baldeh, Bare, Billings, Cabrera, Conley, Drake, Emerson, Jacobson, Joers, Moore Omokunde, Ohnstad, Palmeri, Shelton, Sinicki and Subeck. Referred to Committee on Shared Revenue, Elections and Consumer Protection.
SB603,,22An Act to create 11.0101 (25) (a) 3. of the statutes; relating to: the definition of political action committee for campaign finance purposes. SB603,,33Analysis by the Legislative Reference Bureau Under this bill, for campaign finance purposes, a political action committee includes a person, other than an individual, that spends more than $1,000 in a 12-month period on expenditures for express advocacy, expenditures made to support or defeat a referendum, and contributions made to a candidate committee, legislative campaign committee, or political party.
Current law provides that a political action committee is a person, other than an individual, that either has express advocacy as its major purpose or spends more than 50 percent of its total spending in a 12-month period on expenditures for express advocacy, expenditures made to support or defeat a referendum, and contributions made to a candidate committee, legislative campaign committee, or political party.
SB603,,44The people of the state of Wisconsin, represented in senate and assembly, do enact as follows: SB603,15Section 1. 11.0101 (25) (a) 3. of the statutes is created to read: SB603,,6611.0101 (25) (a) 3. It spends more than $1,000 in a 12-month period on expenditures for express advocacy, expenditures made to support or defeat a referendum, and contributions made to a candidate committee, legislative campaign committee, or political party. In this subdivision, spending does not include a committee’s fundraising or administrative expenses.
