265,96 Section 96 . 11.1103 (3) of the statutes is created to read:
11.1103 (3) For an individual seeking election to an office at a special election, the limits under s. 11.1101 (1) to (4) apply from the date on which the individual becomes a candidate to the 22nd day after the election. If the individual is elected at the special election, the limits under s. 11.1101 (1) to (4) apply from the 23rd day after the special election to the end of the applicable period under sub. (1).
265,97 Section 97 . 11.1113 (3) of the statutes is amended to read:
11.1113 (3) Limited liability companies. (a) A contribution made to a committee by a limited liability company treated as a partnership by the federal internal revenue service pursuant to 26 CFR 301.7701-3 is considered a contribution made by each of the contributing members and subject to the limits under this subchapter. A limited liability company that makes a contribution under this paragraph shall affirm to the candidate committee that it is treated as a partnership for federal tax purposes and eligible to make the contribution. The company shall provide to the committee the names of the contributing members and the amount of the individual contribution made by each member. For purposes of determining the individual contribution amounts made by each member, the company shall attribute the individual contributions according to each member's share of the company's profits, unless the members agree to apportion the contribution in a different manner.
(b) A contribution made to a candidate committee by a single-member limited liability company in which the sole member is an individual is considered a contribution made by that individual and subject to the individual limits under s. 11.1101 (1). A limited liability company that makes a contribution under this paragraph shall affirm to the candidate committee that it is a single-member limited liability company in which the sole member is an individual and eligible to make the contribution.
265,98 Section 98 . 11.1302 of the statutes is repealed.
265,99 Section 99 . 11.1303 (2) (a) of the statutes is amended to read:
11.1303 (2) (a) Every printed advertisement, billboard, handbill, sample ballot, television or radio advertisement, or other communication containing express advocacy or supporting or opposing a referendum which is paid for by any contribution or disbursement shall clearly identify its source.
265,100 Section 100 . Effective date.
(1) This act takes effect on January 3, 2023.