October 30, 2023 - Introduced by Senators Larson, Smith, L. Johnson and Hesselbein, cosponsored by Representatives Sinicki, Subeck, C. Anderson, J. Anderson, Andraca, Baldeh, Bare, Billings, Cabrera, Clancy, Conley, Drake, Jacobson, Joers, Moore Omokunde, Ohnstad, Palmeri, Shelton and Snodgrass. Referred to Committee on Shared Revenue, Elections and Consumer Protection.
SB604,,22An Act to amend 11.1101 (figure), 11.1101 (1) (intro.), 11.1101 (1) (a), 11.1101 (2) (intro.), 11.1101 (2) (a), 11.1101 (3), 11.1101 (4), 11.1103 (1) (intro.) and (2) (intro.), 11.1103 (3), 11.1112 and 11.1113 (3) (b); to repeal and recreate 11.1104; and to create 11.1101 (5) and 11.1204 (4) of the statutes; relating to: campaign contribution limits. SB604,,33Analysis by the Legislative Reference Bureau Current law allows unlimited campaign contributions to certain entities, such as political action committees, legislative campaign committees, and political parties, but prohibits a political action committee from contributing more than $12,000 in any calendar year to a political party or legislative campaign committee. This bill limits the contributions that an individual may make to a political party or legislative campaign committee to the amounts that an individual may make to a candidate committee, as provided under the bill. The bill also limits the contributions that a political party or legislative campaign committee may make to a candidate committee to the amounts that an individual may make to a candidate committee, as provided under the bill. In addition, the bill limits the contributions that a candidate committee may make to a political party or legislative campaign committee to the amounts that the candidate committee may make under current law to another candidate committee but retains the unlimited contributions under current law for contributions that a candidate makes to his or her candidate committee from the candidate’s personal funds.
The bill also decreases the individual and candidate committee contribution limit from $20,000 to $10,000 for contributions made to candidates for governor, lieutenant governor, secretary of state, state treasurer, attorney general, state superintendent, or justice of the supreme court and reduces by half the limits that apply to political action committee contributions to candidates. The limits under the bill are the same, generally, as those that applied to political action committee contributions prior to 2016.