92nd General Assembly
Summary of HB3053
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House Sponsors:
BOLAND.

Short description: 
CAMPAIGN FINANCE LIMITATION AC                                             

Synopsis of Bill as introduced:
        Creates the Campaign Finance Limitation Act.   Allows  candidates      
   for  the  office of Governor, Lieutenant Governor, Secretary of State,      
   Attorney General, State Treasurer, State Comptroller,  State  Senator,      
   or State Representative to receive public funding for their campaigns.      
   Sets  procedures  and qualifications for receiving public funds.  Sets      
   contribution and expenditure limits for  candidates  receiving  public      
   funds.   Allows the State Board of Elections to investigate violations      
   of the Act.  Sets criminal and civil penalties for violations  of  the      
   Act.   Contains  other  provisions.   Amends  the Open Meetings Act to      
   exempt certain hearings under the Campaign Finance Limitation Act from      
   the Open Meetings Act.  Amends  the  Freedom  of  Information  Act  to      
   exempt  confidential information under the Campaign Finance Limitation      
   Act from the Freedom of Information Act.  Amends  the  Election  Code.      
   Provides  that  the  State  Board  of  Elections must exercise certain      
   powers and has certain duties under the  Campaign  Finance  Limitation      
   Act.   Requires contributions to be deposited into a single account in      
   a financial institution in this State.  Requires the  treasurer  of  a      
   political committee to be notified of all contributions.  Requires the      
   treasurer  of  political  committee to report certain contributions to      
   the State Board of Elections.  Amends the State Finance Act.   Creates      
   the Campaign Finance Limitation Cash Fund.                                  
 
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



 Full Text  Bill Status