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H.B. 38

             1     

CAMPAIGN CONTRIBUTION AMENDMENTS

             2     
2013 GENERAL SESSION

             3     
STATE OF UTAH

             4     
Chief Sponsor: Kraig Powell

             5     
Senate Sponsor: Peter C. Knudson

             6     
             7      LONG TITLE
             8      Committee Note:
             9          The Government Operations Interim Committee recommended this bill.
             10      General Description:
             11          This bill amends campaign finance provisions related to anonymous cash contributions
             12      and aggregate reporting of cash contributions.
             13      Highlighted Provisions:
             14          This bill:
             15          .    amends definitions;
             16          .    prohibits an anonymous cash contribution over S. [$100] [$25] $50 .S ;
             17          .    requires a candidate to disburse an anonymous cash contribution or public service
             18      assistance over S. [$100] [$25] $50 .S to:
             19              .    the state or political subdivision for deposit into its general fund; or
             20              .    an organization that is exempt from federal income taxation under Section
             21      501(c)(3), Internal Revenue Code;
             22          .    prohibits a filing entity, other than a candidate, from using an anonymous cash
             23      contribution for a political purpose or as a political issues expenditure;
             24          .    allows a filing entity to aggregate on a report contributions that do not exceed S. [ $100]
             24a      [$25] $50 .S ;
             25          .    increases the amount at which certain filing entities must report the recipient of an
             26      expenditure; and
             27          .    makes technical changes.


             28      Money Appropriated in this Bill:
             29          None
             30      Other Special Clauses:
             31          None
             32      Utah Code Sections Affected:
             33      AMENDS:
             34          10-3-208, as last amended by Laws of Utah 2012, Chapters 190, 190, 230, and 230
             35          17-16-6.5, as last amended by Laws of Utah 2012, Chapter 230
             36          20A-11-101, as last amended by Laws of Utah 2012, Chapter 230
             37          20A-11-201, as last amended by Laws of Utah 2012, Chapter 230
             38          20A-11-203, as last amended by Laws of Utah 2011, Chapter 347
             39          20A-11-204, as last amended by Laws of Utah 2011, Chapter 347
             40          20A-11-301, as last amended by Laws of Utah 2012, Chapter 230
             41          20A-11-302, as last amended by Laws of Utah 2011, Chapter 347
             42          20A-11-303, as last amended by Laws of Utah 2011, Chapter 347
             43          20A-11-401, as last amended by Laws of Utah 2011, Chapters 297 and 347
             44          20A-11-505.7, as enacted by Laws of Utah 2011, Chapter 396
             45          20A-11-506, as last amended by Laws of Utah 2008, Chapters 14 and 225
             46          20A-11-507, as last amended by Laws of Utah 2010, Chapter 389
             47          20A-11-510, as enacted by Laws of Utah 2011, Chapter 396
             48          20A-11-511, as enacted by Laws of Utah 2011, Chapter 396
             49          20A-11-601, as last amended by Laws of Utah 2011, Chapter 347
             50          20A-11-602, as last amended by Laws of Utah 2012, Chapters 69 and 230
             51          20A-11-702, as last amended by Laws of Utah 2010, Chapter 389
             52          20A-11-801, as last amended by Laws of Utah 2008, Chapter 225
             53          20A-11-802, as last amended by Laws of Utah 2012, Chapters 69 and 230
             54          20A-11-904, as enacted by Laws of Utah 2010, Chapter 389
             55          20A-11-1301, as last amended by Laws of Utah 2012, Chapter 230
             56          20A-11-1302, as last amended by Laws of Utah 2011, Chapter 347
             57          20A-11-1303, as last amended by Laws of Utah 2011, Chapter 347
             58          20A-11-1502, as enacted by Laws of Utah 2010, Chapter 389


             59          20A-12-301, as enacted by Laws of Utah 2001, Chapter 166
             60          20A-12-303, as last amended by Laws of Utah 2011, Chapter 396
             61          20A-12-304, as last amended by Laws of Utah 2010, Chapter 389
             62          20A-12-305, as last amended by Laws of Utah 2011, Chapter 396
             63     
             64      Be it enacted by the Legislature of the state of Utah:
             65          Section 1. Section 10-3-208 is amended to read:
             66           10-3-208. Campaign finance disclosure in municipal election.
             67          (1) As used in this section:
             68          (a) "Reporting date" means:
             69          (i) 10 days before a municipal general election, for a campaign finance statement
             70      required to be filed no later than seven days before a municipal general election; and
             71          (ii) the day of filing, for a campaign finance statement required to be filed no later than
             72      30 days after a municipal primary or general election.
             73          (b) "Reporting limit" means for each calendar year:
             74          (i) [$50] S. [$100] [$25] $50 .S ; or
             75          (ii) an amount lower than [$50] S. [$100] [$25] $50 .S that is specified in an ordinance
             75a      of the
             76      municipality.
             77          (2) (a) (i) Each candidate for municipal office:
             78          (A) shall deposit a campaign contribution in a separate campaign account in a financial
             79      institution; and
             80          (B) may not deposit or mingle any campaign contributions received into a personal or
             81      business account.
             82          (ii) Each candidate for municipal office who is not eliminated at a municipal primary
             83      election shall file with the municipal clerk or recorder a campaign finance statement:
             84          (A) no later than seven days before the date of the municipal general election; and
             85          (B) no later than 30 days after the date of the municipal general election.
             86          (iii) Each candidate for municipal office who is eliminated at a municipal primary
             87      election shall file with the municipal clerk or recorder a campaign finance statement no later
             88      than 30 days after the date of the municipal primary election.
             89          (b) Each campaign finance statement under Subsection (2)(a) shall:


             90          (i) except as provided in Subsection (2)(b)(ii):
             91          (A) report all of the candidate's itemized and total:
             92          (I) campaign contributions, including in-kind and other nonmonetary contributions,
             93      received before the close of the reporting date; and
             94          (II) campaign expenditures made through the close of the reporting date; and
             95          (B) identify:
             96          (I) for each contribution that exceeds the reporting limit, the amount of the contribution
             97      and the name of the donor, if known;
             98          (II) the aggregate total of all contributions that individually do not exceed the reporting
             99      limit; and
             100          (III) for each campaign expenditure, the amount of the expenditure and the name of the
             101      recipient of the expenditure; or
             102          (ii) report the total amount of all campaign contributions and expenditures if the
             103      candidate receives $500 or less in campaign contributions and spends $500 or less on the
             104      candidate's campaign.
             105          (c) A person who makes a cash contribution that exceeds the reporting limit shall
             106      disclose the person's name to the candidate who receives the contribution.
             107          (d) Within 30 days after receiving a cash contribution that exceeds the reporting limit
             108      from a donor whose name is unknown, a candidate shall disburse the amount of the
             109      contribution to:
             110          (i) the treasurer of the state or a political subdivision for deposit into the state's or
             111      political subdivision's General Fund; or
             112          (ii) an organization that is exempt from federal income taxation under Section
             113      501(c)(3), Internal Revenue Code.
             114          (3) (a) As used in this Subsection (3), "account" means an account in a financial
             115      institution:
             116          (i) that is not described in Subsection (2)(a)(i)(A); and
             117          (ii) into which or from which a person who, as a candidate for an office, other than a
             118      municipal office for which the person files a declaration of candidacy or federal office, or as a
             119      holder of an office, other than a municipal office for which the person files a declaration of
             120      candidacy or federal office, deposits a contribution or makes an expenditure.


             121          (b) A municipal office candidate shall include on any campaign finance statement filed
             122      in accordance with this section:
             123          (i) a contribution deposited in an account:
             124          (A) since the last campaign finance statement was filed; or
             125          (B) that has not been reported under a statute or ordinance that governs the account; or
             126          (ii) an expenditure made from an account:
             127          (A) since the last campaign finance statement was filed; or
             128          (B) that has not been reported under a statute or ordinance that governs the account.
             129          (4) (a) A municipality may, by ordinance:
             130          (i) provide a reporting limit lower than [$50] S. [$100] [$25] $50 .S ;
             131          (ii) require greater disclosure of campaign contributions and expenditures than is
             132      required in this section; and
             133          (iii) impose additional penalties on candidates who fail to comply with the applicable
             134      requirements beyond those imposed by this section.
             135          (b) A candidate for municipal office is subject to the provisions of this section and not
             136      the provisions of an ordinance adopted by the municipality under Subsection (4)(a) if:
             137          (i) the municipal ordinance establishes requirements or penalties that differ from those
             138      established in this section; and
             139          (ii) the municipal clerk or recorder fails to notify the candidate of the provisions of the
             140      ordinance as required in Subsection (5).
             141          (5) Each municipal clerk or recorder shall, at the time the candidate for municipal
             142      office files a declaration of candidacy, and again 14 days before each municipal general
             143      election, notify the candidate in writing of:
             144          (a) the provisions of statute or municipal ordinance governing the disclosure of
             145      campaign contributions and expenditures;
             146          (b) the dates when the candidate's campaign finance statement is required to be filed;
             147      and
             148          (c) the penalties that apply for failure to file a timely campaign finance statement,
             149      including the statutory provision that requires removal of the candidate's name from the ballot
             150      for failure to file the required campaign finance statement when required.
             151          (6) Notwithstanding any provision of Title 63G, Chapter 2, Government Records


             152      Access and Management Act, the municipal clerk or recorder shall:
             153          (a) make each campaign finance statement filed by a candidate available for public
             154      inspection and copying no later than one business day after the statement is filed; and
             155          (b) make the campaign finance statement filed by a candidate available for public
             156      inspection by:
             157          (i) (A) posting an electronic copy or the contents of the statement on the municipality's
             158      website no later than seven business days after the statement is filed; and
             159          (B) verifying that the address of the municipality's website has been provided to the
             160      lieutenant governor in order to meet the requirements of Subsection 20A-11-103 (5); or
             161          (ii) submitting a copy of the statement to the lieutenant governor for posting on the
             162      website established by the lieutenant governor under Section 20A-11-103 no later than two
             163      business days after the statement is filed.
             164          (7) (a) If a candidate fails to file a campaign finance statement before the municipal
             165      general election by the deadline specified in Subsection (2)(a)(ii)(A), the municipal clerk or
             166      recorder shall inform the appropriate election official who:
             167          (i) shall:
             168          (A) if practicable, remove the candidate's name from the ballot by blacking out the
             169      candidate's name before the ballots are delivered to voters; or
             170          (B) if removing the candidate's name from the ballot is not practicable, inform the
             171      voters by any practicable method that the candidate has been disqualified and that votes cast for
             172      the candidate will not be counted; and
             173          (ii) may not count any votes for that candidate.
             174          (b) Notwithstanding Subsection (7)(a), a candidate who files a campaign finance
             175      statement seven days before a municipal general election is not disqualified if:
             176          (i) the statement details accurately and completely the information required under
             177      Subsection (2)(b), except for inadvertent omissions or insignificant errors or inaccuracies; and
             178          (ii) the omissions, errors, or inaccuracies are corrected in an amended report or in the
             179      next scheduled report.
             180          (8) A campaign finance statement required under this section is considered filed if it is
             181      received in the municipal clerk or recorder's office by 5 p.m. on the date that is it due.
             182          (9) (a) A private party in interest may bring a civil action in district court to enforce the


             183      provisions of this section or an ordinance adopted under this section.
             184          (b) In a civil action under Subsection (9)(a), the court may award costs and attorney
             185      fees to the prevailing party.
             186          Section 2. Section 17-16-6.5 is amended to read:
             187           17-16-6.5. Campaign financial disclosure in county elections.
             188          (1) (a) A county shall adopt an ordinance establishing campaign finance disclosure
             189      requirements for candidates for county office.
             190          (b) The ordinance required by Subsection (1)(a) shall include:
             191          (i) a requirement that each candidate for county office report the candidate's itemized
             192      and total campaign contributions and expenditures at least once within the two weeks before
             193      the election and at least once within two months after the election;
             194          (ii) a definition of "contribution" and "expenditure" that requires reporting of
             195      nonmonetary contributions such as in-kind contributions and contributions of tangible things;
             196          (iii) a requirement that the financial reports identify:
             197          (A) for each contribution of more than [$50] S. [$100] [$25] $50 .S , the name of the
             197a      donor of the
             198      contribution, if known, and the amount of the contribution; and
             199          (B) for each expenditure, the name of the recipient and the amount of the expenditure;
             200          (iv) a requirement that a candidate for county office deposit a contribution in a separate
             201      campaign account in a financial institution; [and]
             202          (v) a prohibition against a candidate for county office depositing or mingling any
             203      contributions received into a personal or business account[.];
             204          (vi) a requirement that a person who makes a cash contribution that exceeds S. [$100]
             204a      [$25] $50 .S

             205      disclose the person's name to the candidate who receives the contribution; and
             206          (vii) a requirement that a candidate for county office who receives a cash contribution
             207      that exceeds S. [$100] [$25] $50 .S from a donor whose name is unknown shall, within 30 days
             207a      after receiving
             208      the contribution, disburse the amount of the contribution to:
             209          (A) the treasurer of the state or a political subdivision for deposit into the state's or
             210      political subdivision's General Fund; or
             211          (B) an organization that is exempt from federal income taxation under Section
             212      501(c)(3), Internal Revenue Code.
             213          (c) (i) As used in this Subsection (1)(c), "account" means an account in a financial


             214      institution:
             215          (A) that is not described in Subsection (1)(b)(iv); and
             216          (B) into which or from which a person who, as a candidate for an office, other than a
             217      county office for which the person files a declaration of candidacy or federal office, or as a
             218      holder of an office, other than a county office for which the person files a declaration of
             219      candidacy or federal office, deposits a contribution or makes an expenditure.
             220          (ii) The ordinance required by Subsection (1)(a) shall include a requirement that a
             221      candidate for county office include on a financial report filed in accordance with the ordinance
             222      a contribution deposited in or an expenditure made from an account:
             223          (A) since the last financial report was filed; or
             224          (B) that has not been reported under a statute or ordinance that governs the account.
             225          (2) If any county fails to adopt a campaign finance disclosure ordinance described in
             226      Subsection (1), candidates for county office, other than community council office, shall comply
             227      with the financial reporting requirements contained in Subsections (3) through [(7)] (8).
             228          (3) A candidate for elective office in a county:
             229          (a) shall deposit a contribution in a separate campaign account in a financial institution;
             230      and
             231          (b) may not deposit or mingle any contributions received into a personal or business
             232      account.
             233          (4) Each candidate for elective office in any county who is not required to submit a
             234      campaign financial statement to the lieutenant governor shall file a signed campaign financial
             235      statement with the county clerk:
             236          (a) seven days before the date of the regular general election, reporting each
             237      contribution of more than [$50] S. [$100] [$25] $50 .S and each expenditure as of 10 days
             237a      before the date of the
             238      regular general election; and
             239          (b) no later than 30 days after the date of the regular general election.
             240          (5) (a) The statement filed seven days before the regular general election shall include:
             241          (i) a list of each contribution of more than [$50] S. [$100] [$25] $50 .S received by the
             241a      candidate, and
             242      the name of the donor, if known;
             243          (ii) an aggregate total of all contributions of [$50] S. [$100] [$25] $50 .S or less
             243a      received by the
             244      candidate; and


             245          (iii) a list of each expenditure for political purposes made during the campaign period,
             246      and the recipient of each expenditure.
             247          (b) The statement filed 30 days after the regular general election shall include:
             248          (i) a list of each contribution of more than [$50] S. [$100] [$25] $50 .S received after
             248a      the cutoff date for
             249      the statement filed seven days before the election, and the name of the donor;
             250          (ii) an aggregate total of all contributions of [$50] S. [$100] [$25] $50 .S or less
             250a      received by the
             251      candidate after the cutoff date for the statement filed seven days before the election; and
             252          (iii) a list of all expenditures for political purposes made by the candidate after the
             253      cutoff date for the statement filed seven days before the election, and the recipient of each
             254      expenditure.
             255          (6) (a) As used in this Subsection (6), "account" means an account in a financial
             256      institution:
             257          (i) that is not described in Subsection (3)(a); and
             258          (ii) into which or from which a person who, as a candidate for an office, other than a
             259      county office for which the person filed a declaration of candidacy or federal office, or as a
             260      holder of an office, other than a county office for which the person filed a declaration of
             261      candidacy or federal office, deposits a contribution or makes an expenditure.
             262          (b) A county office candidate shall include on any campaign financial statement filed
             263      in accordance with Subsection (4) or (5):
             264          (i) a contribution deposited in an account:
             265          (A) since the last campaign finance statement was filed; or
             266          (B) that has not been reported under a statute or ordinance that governs the account; or
             267          (ii) an expenditure made from an account:
             268          (A) since the last campaign finance statement was filed; or
             269          (B) that has not been reported under a statute or ordinance that governs the account.
             270          (7) Within 30 days after receiving a cash contribution that exceeds S. [$100] [$25]
             270a      $50 .S from a donor
             271      whose name is unknown, a county office candidate shall disburse the amount of the
             272      contribution to:
             273          (a) the treasurer of the state or a political subdivision for deposit into the state's or
             274      political subdivision's general fund; or
             275          (b) an organization that is exempt from federal income taxation under Section


             276      501(c)(3), Internal Revenue Code.
             277          [(7)] (8) Candidates for elective office in any county who are eliminated at a primary
             278      election shall file a signed campaign financial statement containing the information required by
             279      this section not later than 30 days after the primary election.
             280          [(8)] (9) Any person who fails to comply with this section is guilty of an infraction.
             281          [(9)] (10) Counties may, by ordinance, enact requirements that:
             282          (a) require greater disclosure of campaign contributions and expenditures; and
             283          (b) impose additional penalties.
             284          [(10)] (11) (a) If a candidate fails to file an interim report due before the election, the
             285      county clerk shall, after making a reasonable attempt to discover if the report was timely
             286      mailed, inform the appropriate election officials who:
             287          (i) (A) shall, if practicable, remove the name of the candidate by blacking out the
             288      candidate's name before the ballots are delivered to voters; or
             289          (B) shall, if removing the candidate's name from the ballot is not practicable, inform
             290      the voters by any practicable method that the candidate has been disqualified and that votes
             291      cast for the candidate will not be counted; and
             292          (ii) may not count any votes for that candidate.
             293          (b) Notwithstanding Subsection [(10)] (11)(a), a candidate is not disqualified if:
             294          (i) the candidate files the reports required by this section;
             295          (ii) those reports are completed, detailing accurately and completely the information
             296      required by this section except for inadvertent omissions or insignificant errors or inaccuracies;
             297      and
             298          (iii) those omissions, errors, or inaccuracies are corrected in an amended report or in
             299      the next scheduled report.
             300          (c) A report is considered filed if:
             301          (i) it is received in the county clerk's office no later than 5 p.m. on the date that it is
             302      due;
             303          (ii) it is received in the county clerk's office with a United States Postal Service
             304      postmark three days or more before the date that the report was due; or
             305          (iii) the candidate has proof that the report was mailed, with appropriate postage and
             306      addressing, three days before the report was due.


             307          [(11)] (12) (a) Any private party in interest may bring a civil action in district court to
             308      enforce the provisions of this section or any ordinance adopted under this section.
             309          (b) In a civil action filed under Subsection [(11)] (12)(a), the court shall award costs
             310      and [attorney's] attorney fees to the prevailing party.
             311          [(12)] (13) Notwithstanding any provision of Title 63G, Chapter 2, Government
             312      Records Access and Management Act, the county clerk shall:
             313          (a) make each campaign finance statement filed by a candidate available for public
             314      inspection and copying no later than one business day after the statement is filed; and
             315          (b) make the campaign finance statement filed by a candidate available for public
             316      inspection by:
             317          (i) (A) posting an electronic copy or the contents of the statement on the county's
             318      website no later than seven business days after the statement is filed; and
             319          (B) verifying that the address of the county's website has been provided to the
             320      lieutenant governor in order to meet the requirements of Subsection 20A-11-103 (5); or
             321          (ii) submitting a copy of the statement to the lieutenant governor for posting on the
             322      website established by the lieutenant governor under Section 20A-11-103 no later than two
             323      business days after the statement is filed.
             324          Section 3. Section 20A-11-101 is amended to read:
             325           20A-11-101. Definitions.
             326          As used in this chapter:
             327          (1) "Address" means the number and street where an individual resides or where a
             328      reporting entity has its principal office.
             329          (2) "Ballot proposition" includes initiatives, referenda, proposed constitutional
             330      amendments, and any other ballot propositions submitted to the voters that are authorized by
             331      the Utah Code Annotated 1953.
             332          (3) "Candidate" means any person who:
             333          (a) files a declaration of candidacy for a public office; or
             334          (b) receives contributions, makes expenditures, or gives consent for any other person to
             335      receive contributions or make expenditures to bring about the person's nomination or election
             336      to a public office.
             337          (4) "Chief election officer" means:


             338          (a) the lieutenant governor for state office candidates, legislative office candidates,
             339      officeholders, political parties, political action committees, corporations, political issues
             340      committees, state school board candidates, judges, and labor organizations, as defined in
             341      Section 20A-11-1501 ; and
             342          (b) the county clerk for local school board candidates.
             343          (5) (a) "Contribution" means any of the following when done for political purposes:
             344          (i) a gift, subscription, donation, loan, advance, or deposit of money or anything of
             345      value given to the filing entity;
             346          (ii) an express, legally enforceable contract, promise, or agreement to make a gift,
             347      subscription, donation, unpaid or partially unpaid loan, advance, or deposit of money or
             348      anything of value to the filing entity;
             349          (iii) any transfer of funds from another reporting entity to the filing entity;
             350          (iv) compensation paid by any person or reporting entity other than the filing entity for
             351      personal services provided without charge to the filing entity;
             352          (v) remuneration from:
             353          (A) any organization or its directly affiliated organization that has a registered lobbyist;
             354      or
             355          (B) any agency or subdivision of the state, including school districts; and
             356          (vi) goods or services provided to or for the benefit of the filing entity at less than fair
             357      market value.
             358          (b) "Contribution" does not include:
             359          (i) services provided without compensation by individuals volunteering a portion or all
             360      of their time on behalf of the filing entity;
             361          (ii) money lent to the filing entity by a financial institution in the ordinary course of
             362      business; or
             363          (iii) goods or services provided for the benefit of a candidate or political party at less
             364      than fair market value that are not authorized by or coordinated with the candidate or political
             365      party.
             366          (6) "Coordinated with" means that goods or services provided for the benefit of a
             367      candidate or political party are provided:
             368          (a) with the candidate's or political party's prior knowledge, if the candidate or political


             369      party does not object;
             370          (b) by agreement with the candidate or political party;
             371          (c) in coordination with the candidate or political party; or
             372          (d) using official logos, slogans, and similar elements belonging to a candidate or
             373      political party.
             374          (7) (a) "Corporation" means a domestic or foreign, profit or nonprofit, business
             375      organization that is registered as a corporation or is authorized to do business in a state and
             376      makes any expenditure from corporate funds for:
             377          (i) the purpose of expressly advocating for political purposes; or
             378          (ii) the purpose of expressly advocating the approval or the defeat of any ballot
             379      proposition.
             380          (b) "Corporation" does not mean:
             381          (i) a business organization's political action committee or political issues committee; or
             382          (ii) a business entity organized as a partnership or a sole proprietorship.
             383          (8) "County political party" means, for each registered political party, all of the persons
             384      within a single county who, under definitions established by the political party, are members of
             385      the registered political party.
             386          (9) "County political party officer" means a person whose name is required to be
             387      submitted by a county political party to the lieutenant governor in accordance with Section
             388      20A-8-402 .
             389          (10) "Detailed listing" means:
             390          (a) for each contribution or public service assistance:
             391          (i) the name and address of the individual or source making the contribution or public
             392      service assistance, unless the name or address of the individual or source is unknown;
             393          (ii) the amount or value of the contribution or public service assistance; and
             394          (iii) the date the contribution or public service assistance was made; and
             395          (b) for each expenditure:
             396          (i) the amount of the expenditure;
             397          (ii) the person or entity to whom it was disbursed;
             398          (iii) the specific purpose, item, or service acquired by the expenditure; and
             399          (iv) the date the expenditure was made.


             400          (11) "Election" means each:
             401          (a) regular general election;
             402          (b) regular primary election; and
             403          (c) special election at which candidates are eliminated and selected.
             404          (12) "Electioneering communication" means a communication that:
             405          (a) has at least a value of $10,000;
             406          (b) clearly identifies a candidate or judge; and
             407          (c) is disseminated through the Internet, newspaper, magazine, outdoor advertising
             408      facility, direct mailing, broadcast, cable, or satellite provider within 45 days of the clearly
             409      identified candidate's or judge's election date.
             410          (13) (a) "Expenditure" means:
             411          (i) any disbursement from contributions, receipts, or from the separate bank account
             412      required by this chapter;
             413          (ii) a purchase, payment, donation, distribution, loan, advance, deposit, gift of money,
             414      or anything of value made for political purposes;
             415          (iii) an express, legally enforceable contract, promise, or agreement to make any
             416      purchase, payment, donation, distribution, loan, advance, deposit, gift of money, or anything of
             417      value for political purposes;
             418          (iv) compensation paid by a filing entity for personal services rendered by a person
             419      without charge to a reporting entity;
             420          (v) a transfer of funds between the filing entity and a candidate's personal campaign
             421      committee; or
             422          (vi) goods or services provided by the filing entity to or for the benefit of another
             423      reporting entity for political purposes at less than fair market value.
             424          (b) "Expenditure" does not include:
             425          (i) services provided without compensation by individuals volunteering a portion or all
             426      of their time on behalf of a reporting entity;
             427          (ii) money lent to a reporting entity by a financial institution in the ordinary course of
             428      business; or
             429          (iii) anything listed in Subsection (13)(a) that is given by a reporting entity to
             430      candidates for office or officeholders in states other than Utah.


             431          (14) "Federal office" means the office of President of the United States, United States
             432      Senator, or United States Representative.
             433          (15) "Filing entity" means the reporting entity that is required to file a financial
             434      statement required by this chapter or Chapter 12, Part 2, Judicial Retention Elections.
             435          (16) "Financial statement" includes any summary report, interim report, verified
             436      financial statement, or other statement disclosing contributions, expenditures, receipts,
             437      donations, or disbursements that is required by this chapter or Chapter 12, Part 2, Judicial
             438      Retention Elections.
             439          (17) "Governing board" means the individual or group of individuals that determine the
             440      candidates and committees that will receive expenditures from a political action committee,
             441      political party, or corporation.
             442          (18) "Incorporation" means the process established by Title 10, Chapter 2, Part 1,
             443      Incorporation, by which a geographical area becomes legally recognized as a city or town.
             444          (19) "Incorporation election" means the election authorized by Section 10-2-111 .
             445          (20) "Incorporation petition" means a petition authorized by Section 10-2-109 .
             446          (21) "Individual" means a natural person.
             447          (22) "Interim report" means a report identifying the contributions received and
             448      expenditures made since the last report.
             449          (23) "Legislative office" means the office of state senator, state representative, speaker
             450      of the House of Representatives, president of the Senate, and the leader, whip, and assistant
             451      whip of any party caucus in either house of the Legislature.
             452          (24) "Legislative office candidate" means a person who:
             453          (a) files a declaration of candidacy for the office of state senator or state representative;
             454          (b) declares oneself to be a candidate for, or actively campaigns for, the position of
             455      speaker of the House of Representatives, president of the Senate, or the leader, whip, and
             456      assistant whip of any party caucus in either house of the Legislature; or
             457          (c) receives contributions, makes expenditures, or gives consent for any other person to
             458      receive contributions or make expenditures to bring about the person's nomination or election
             459      to a legislative office.
             460          (25) "Officeholder" means a person who holds a public office.
             461          (26) "Party committee" means any committee organized by or authorized by the


             462      governing board of a registered political party.
             463          (27) "Person" means both natural and legal persons, including individuals, business
             464      organizations, personal campaign committees, party committees, political action committees,
             465      political issues committees, and labor organizations, as defined in Section 20A-11-1501 .
             466          (28) "Personal campaign committee" means the committee appointed by a candidate to
             467      act for the candidate as provided in this chapter.
             468          (29) "Personal use expenditure" has the same meaning as provided under Section
             469      20A-11-104 .
             470          (30) (a) "Political action committee" means an entity, or any group of individuals or
             471      entities within or outside this state, a major purpose of which is to:
             472          (i) solicit or receive contributions from any other person, group, or entity for political
             473      purposes; or
             474          (ii) make expenditures to expressly advocate for any person to refrain from voting or to
             475      vote for or against any candidate or person seeking election to a municipal or county office.
             476          (b) "Political action committee" includes groups affiliated with a registered political
             477      party but not authorized or organized by the governing board of the registered political party
             478      that receive contributions or makes expenditures for political purposes.
             479          (c) "Political action committee" does not mean:
             480          (i) a party committee;
             481          (ii) any entity that provides goods or services to a candidate or committee in the regular
             482      course of its business at the same price that would be provided to the general public;
             483          (iii) an individual;
             484          (iv) individuals who are related and who make contributions from a joint checking
             485      account;
             486          (v) a corporation, except a corporation a major purpose of which is to act as a political
             487      action committee; or
             488          (vi) a personal campaign committee.
             489          (31) "Political convention" means a county or state political convention held by a
             490      registered political party to select candidates.
             491          (32) (a) "Political issues committee" means an entity, or any group of individuals or
             492      entities within or outside this state, a major purpose of which is to:


             493          (i) solicit or receive donations from any other person, group, or entity to assist in
             494      placing a ballot proposition on the ballot, assist in keeping a ballot proposition off the ballot, or
             495      to advocate that a voter refrain from voting or vote for or vote against any ballot proposition;
             496          (ii) make expenditures to expressly advocate for any person to sign or refuse to sign a
             497      ballot proposition or incorporation petition or refrain from voting, vote for, or vote against any
             498      proposed ballot proposition or an incorporation in an incorporation election; or
             499          (iii) make expenditures to assist in qualifying or placing a ballot proposition on the
             500      ballot or to assist in keeping a ballot proposition off the ballot.
             501          (b) "Political issues committee" does not mean:
             502          (i) a registered political party or a party committee;
             503          (ii) any entity that provides goods or services to an individual or committee in the
             504      regular course of its business at the same price that would be provided to the general public;
             505          (iii) an individual;
             506          (iv) individuals who are related and who make contributions from a joint checking
             507      account; or
             508          (v) a corporation, except a corporation a major purpose of which is to act as a political
             509      issues committee.
             510          (33) (a) "Political issues contribution" means any of the following:
             511          (i) a gift, subscription, unpaid or partially unpaid loan, advance, or deposit of money or
             512      anything of value given to a political issues committee;
             513          (ii) an express, legally enforceable contract, promise, or agreement to make a political
             514      issues donation to influence the approval or defeat of any ballot proposition;
             515          (iii) any transfer of funds received by a political issues committee from a reporting
             516      entity;
             517          (iv) compensation paid by another reporting entity for personal services rendered
             518      without charge to a political issues committee; and
             519          (v) goods or services provided to or for the benefit of a political issues committee at
             520      less than fair market value.
             521          (b) "Political issues contribution" does not include:
             522          (i) services provided without compensation by individuals volunteering a portion or all
             523      of their time on behalf of a political issues committee; or


             524          (ii) money lent to a political issues committee by a financial institution in the ordinary
             525      course of business.
             526          (34) (a) "Political issues expenditure" means any of the following:
             527          (i) any payment from political issues contributions made for the purpose of influencing
             528      the approval or the defeat of:
             529          (A) a ballot proposition; or
             530          (B) an incorporation petition or incorporation election;
             531          (ii) a purchase, payment, distribution, loan, advance, deposit, or gift of money made for
             532      the express purpose of influencing the approval or the defeat of:
             533          (A) a ballot proposition; or
             534          (B) an incorporation petition or incorporation election;
             535          (iii) an express, legally enforceable contract, promise, or agreement to make any
             536      political issues expenditure;
             537          (iv) compensation paid by a reporting entity for personal services rendered by a person
             538      without charge to a political issues committee; or
             539          (v) goods or services provided to or for the benefit of another reporting entity at less
             540      than fair market value.
             541          (b) "Political issues expenditure" does not include:
             542          (i) services provided without compensation by individuals volunteering a portion or all
             543      of their time on behalf of a political issues committee; or
             544          (ii) money lent to a political issues committee by a financial institution in the ordinary
             545      course of business.
             546          (35) "Political purposes" means an act done with the intent or in a way to influence or
             547      tend to influence, directly or indirectly, any person to refrain from voting or to vote for or
             548      against any candidate or a person seeking a municipal or county office at any caucus, political
             549      convention, or election.
             550          (36) "Primary election" means any regular primary election held under the election
             551      laws.
             552          (37) "Public office" means the office of governor, lieutenant governor, state auditor,
             553      state treasurer, attorney general, state or local school board member, state senator, state
             554      representative, speaker of the House of Representatives, president of the Senate, and the leader,


             555      whip, and assistant whip of any party caucus in either house of the Legislature.
             556          (38) (a) "Public service assistance" means the following when given or provided to an
             557      officeholder to defray the costs of functioning in a public office or aid the officeholder to
             558      communicate with the officeholder's constituents:
             559          (i) a gift, subscription, donation, unpaid or partially unpaid loan, advance, or deposit of
             560      money or anything of value to an officeholder; or
             561          (ii) goods or services provided at less than fair market value to or for the benefit of the
             562      officeholder.
             563          (b) "Public service assistance" does not include:
             564          (i) anything provided by the state;
             565          (ii) services provided without compensation by individuals volunteering a portion or all
             566      of their time on behalf of an officeholder;
             567          (iii) money lent to an officeholder by a financial institution in the ordinary course of
             568      business;
             569          (iv) news coverage or any publication by the news media; or
             570          (v) any article, story, or other coverage as part of any regular publication of any
             571      organization unless substantially all the publication is devoted to information about the
             572      officeholder.
             573          (39) "Publicly identified class of individuals" means a group of 50 or more individuals
             574      sharing a common occupation, interest, or association that contribute to a political action
             575      committee or political issues committee and whose names can be obtained by contacting the
             576      political action committee or political issues committee upon whose financial statement the
             577      individuals are listed.
             578          (40) "Receipts" means contributions and public service assistance.
             579          (41) "Registered lobbyist" means a person registered under Title 36, Chapter 11,
             580      Lobbyist Disclosure and Regulation Act.
             581          (42) "Registered political action committee" means any political action committee that
             582      is required by this chapter to file a statement of organization with the lieutenant governor's
             583      office.
             584          (43) "Registered political issues committee" means any political issues committee that
             585      is required by this chapter to file a statement of organization with the lieutenant governor's


             586      office.
             587          (44) "Registered political party" means an organization of voters that:
             588          (a) participated in the last regular general election and polled a total vote equal to 2%
             589      or more of the total votes cast for all candidates for the United States House of Representatives
             590      for any of its candidates for any office; or
             591          (b) has complied with the petition and organizing procedures of Chapter 8, Political
             592      Party Formation and Procedures.
             593          (45) (a) "Remuneration" means a payment:
             594          (i) made to a legislator for the period the Legislature is in session; and
             595          (ii) that is approximately equivalent to an amount a legislator would have earned
             596      during the period the Legislature is in session in the legislator's ordinary course of business.
             597          (b) "Remuneration" does not mean anything of economic value given to a legislator by:
             598          (i) the legislator's primary employer in the ordinary course of business; or
             599          (ii) a person or entity in the ordinary course of business:
             600          (A) because of the legislator's ownership interest in the entity; or
             601          (B) for services rendered by the legislator on behalf of the person or entity.
             602          (46) "Reporting entity" means a candidate, a candidate's personal campaign committee,
             603      a judge, a judge's personal campaign committee, an officeholder, a party committee, a political
             604      action committee, a political issues committee, a corporation, or a labor organization, as
             605      defined in Section 20A-11-1501 .
             606          (47) "School board office" means the office of state school board or local school board.
             607          (48) (a) "Source" means the person or entity that is the legal owner of the tangible or
             608      intangible asset that comprises the contribution.
             609          (b) "Source" means, for political action committees and corporations, the political
             610      action committee and the corporation as entities, not the contributors to the political action
             611      committee or the owners or shareholders of the corporation.
             612          (49) "State office" means the offices of governor, lieutenant governor, attorney general,
             613      state auditor, and state treasurer.
             614          (50) "State office candidate" means a person who:
             615          (a) files a declaration of candidacy for a state office; or
             616          (b) receives contributions, makes expenditures, or gives consent for any other person to


             617      receive contributions or make expenditures to bring about the person's nomination or election
             618      to a state office.
             619          (51) "Summary report" means the year end report containing the summary of a
             620      reporting entity's contributions and expenditures.
             621          (52) "Supervisory board" means the individual or group of individuals that allocate
             622      expenditures from a political issues committee.
             623          Section 4. Section 20A-11-201 is amended to read:
             624           20A-11-201. State office candidate -- Separate bank account for campaign funds
             625      -- No personal use -- Report contributions within 30 days -- Report other accounts --
             626      Anonymous contributions.
             627          (1) (a) Each state office candidate or the candidate's personal campaign committee
             628      shall deposit each contribution and public service assistance received in one or more separate
             629      campaign accounts in a financial institution.
             630          (b) A state office candidate or a candidate's personal campaign committee may not use
             631      money deposited in a campaign account for:
             632          (i) a personal use expenditure; or
             633          (ii) an expenditure prohibited by law.
             634          (2) A state office candidate or the candidate's personal campaign committee may not
             635      deposit or mingle any contributions received into a personal or business account.
             636          (3) If a person who is no longer a state office candidate chooses not to expend the
             637      money remaining in a campaign account, the person shall continue to file the year-end
             638      summary report required by Section 20A-11-203 until the statement of dissolution and final
             639      summary report required by Section 20A-11-205 are filed with the lieutenant governor.
             640          (4) (a) Except as provided in Subsection (4)(b) and Section 20A-11-402 , a person who
             641      is no longer a state office candidate may not expend or transfer the money in a campaign
             642      account in a manner that would cause the former state office candidate to recognize the money
             643      as taxable income under federal tax law.
             644          (b) A person who is no longer a state office candidate may transfer the money in a
             645      campaign account in a manner that would cause the former state office candidate to recognize
             646      the money as taxable income under federal tax law if the transfer is made to a campaign
             647      account for federal office.


             648          (5) (a) As used in this Subsection (5) and Section 20A-11-204 , "received" means:
             649          (i) for a cash contribution, that the cash is given to a state office candidate or a member
             650      of the candidate's personal campaign committee;
             651          (ii) for a contribution that is a negotiable instrument or check, that the negotiable
             652      instrument or check is negotiated; and
             653          (iii) for any other type of contribution, that any portion of the contribution's benefit
             654      inures to the state office candidate.
             655          (b) Each state office candidate shall report each contribution and public service
             656      assistance to the lieutenant governor within 30 days after the contribution or public service
             657      assistance is received.
             658          (6) (a) As used in this Subsection (6), "account" means an account in a financial
             659      institution:
             660          (i) that is not described in Subsection (1)(a); and
             661          (ii) into which or from which a person who, as a candidate for an office, other than the
             662      state office for which the person files a declaration of candidacy or federal office, or as a holder
             663      of an office, other than a state office for which the person files a declaration of candidacy or
             664      federal office, deposits a contribution or makes an expenditure.
             665          (b) A state office candidate shall include on any financial statement filed in accordance
             666      with this part:
             667          (i) a contribution deposited in an account:
             668          (A) since the last campaign finance statement was filed; or
             669          (B) that has not been reported under a statute or ordinance that governs the account; or
             670          (ii) an expenditure made from an account:
             671          (A) since the last campaign finance statement was filed; or
             672          (B) that has not been reported under a statute or ordinance that governs the account.
             673          (7) Within 30 days after receiving a cash contribution that exceeds S. [$100] [$25] $50 .S
             673a      from an
             674      unknown source, a state office candidate shall disburse the amount of the contribution to:
             675          (a) the treasurer of the state or a political subdivision for deposit into the state's or
             676      political subdivision's General Fund; or
             677          (b) an organization that is exempt from federal income taxation under Section
             678      501(c)(3), Internal Revenue Code.


             679          Section 5. Section 20A-11-203 is amended to read:
             680           20A-11-203. State office candidate -- Financial reporting requirements --
             681      Year-end summary report.
             682          (1) (a) Each state office candidate shall file a summary report by January 10 of the year
             683      after the regular general election year.
             684          (b) In addition to the requirements of Subsection (1)(a), a former state office candidate
             685      that has not filed the statement of dissolution and final summary report required under Section
             686      20A-11-205 shall continue to file a summary report on January 10 of each year.
             687          (2) (a) Each summary report shall include the following information as of December 31
             688      of the previous year:
             689          (i) the net balance of the last financial statement, if any;
             690          (ii) a single figure equal to the total amount of receipts reported on all interim reports,
             691      if any;
             692          (iii) a single figure equal to the total amount of expenditures reported on all interim
             693      reports, if any, filed during the previous year;
             694          (iv) a detailed listing of each contribution and public service assistance received since
             695      the last summary report that has not been reported in detail on an interim report;
             696          (v) for each nonmonetary contribution:
             697          (A) the fair market value of the contribution with that information provided by the
             698      contributor; and
             699          (B) a specific description of the contribution;
             700          (vi) a detailed listing of each expenditure made since the last summary report that has
             701      not been reported in detail on an interim report;
             702          (vii) for each nonmonetary expenditure, the fair market value of the expenditure;
             703          (viii) a net balance for the year consisting of the net balance from the last summary
             704      report, if any, plus all receipts minus all expenditures; and
             705          (ix) the name of a political action committee for which the state office candidate is
             706      designated as an officer who has primary decision-making authority under Section
             707      20A-11-601 .
             708          (b) (i) For all single contributions or public service assistance of [$50]
             708a      S. [$100] [$25] $50 .S or less, a
             709      single aggregate figure may be reported without separate detailed listings.


             710          (ii) Two or more contributions from the same source that have an aggregate total of
             711      more than [$50] S. [$100] [$25] $50 .S may not be reported in the aggregate, but shall be
             711a      reported separately.
             712          (c) In preparing the report, all receipts and expenditures shall be reported as of
             713      December 31 of the previous year.
             714          (d) A check or negotiable instrument received by a state office candidate or a state
             715      office candidate's personal campaign committee on or before December 31 of the previous year
             716      shall be included in the summary report.
             717          (3) An authorized member of the state office candidate's personal campaign committee
             718      or the state office candidate shall certify in the summary report that, to the best of the person's
             719      knowledge, all receipts and all expenditures have been reported as of December 31 of the
             720      previous year and that there are no bills or obligations outstanding and unpaid except as set
             721      forth in that report.
             722          Section 6. Section 20A-11-204 is amended to read:
             723           20A-11-204. State office candidate -- Financial reporting requirements -- Interim
             724      reports.
             725          (1) Each state office candidate shall file an interim report at the following times in any
             726      year in which the candidate has filed a declaration of candidacy for a public office:
             727          (a) seven days before the candidate's political convention;
             728          (b) seven days before the regular primary election date;
             729          (c) August 31; and
             730          (d) seven days before the regular general election date.
             731          (2) Each interim report shall include the following information:
             732          (a) the net balance of the last summary report, if any;
             733          (b) a single figure equal to the total amount of receipts reported on all prior interim
             734      reports, if any, during the calendar year in which the interim report is due;
             735          (c) a single figure equal to the total amount of expenditures reported on all prior
             736      interim reports, if any, filed during the calendar year in which the interim report is due;
             737          (d) a detailed listing of each contribution and public service assistance received since
             738      the last summary report that has not been reported in detail on a prior interim report;
             739          (e) for each nonmonetary contribution:
             740          (i) the fair market value of the contribution with that information provided by the


             741      contributor; and
             742          (ii) a specific description of the contribution;
             743          (f) a detailed listing of each expenditure made since the last summary report that has
             744      not been reported in detail on a prior interim report;
             745          (g) for each nonmonetary expenditure, the fair market value of the expenditure;
             746          (h) a net balance for the year consisting of the net balance from the last summary
             747      report, if any, plus all receipts since the last summary report minus all expenditures since the
             748      last summary report;
             749          (i) a summary page in the form required by the lieutenant governor that identifies:
             750          (i) beginning balance;
             751          (ii) total contributions during the period since the last statement;
             752          (iii) total contributions to date;
             753          (iv) total expenditures during the period since the last statement; and
             754          (v) total expenditures to date; and
             755          (j) the name of a political action committee for which the state office candidate is
             756      designated as an officer who has primary decision-making authority under Section
             757      20A-11-601 .
             758          (3) (a) For all individual contributions or public service assistance of [$50] S. [$100] [$25]
             758a      $50 .S or
             759      less, a single aggregate figure may be reported without separate detailed listings.
             760          (b) Two or more contributions from the same source that have an aggregate total of
             761      more than [$50] S. [$100] [$25] $50 .S may not be reported in the aggregate, but shall be
             761a      reported separately.
             762          (4) (a) In preparing each interim report, all receipts and expenditures shall be reported
             763      as of five days before the required filing date of the report.
             764          (b) Any negotiable instrument or check received by a state office candidate more than
             765      five days before the required filing date of a report required by this section shall be included in
             766      the interim report.
             767          Section 7. Section 20A-11-301 is amended to read:
             768           20A-11-301. Legislative office candidate -- Campaign finance requirements --
             769      Candidate as a political action committee officer -- No personal use -- Report
             770      contributions within 30 days -- Report other accounts -- Anonymous contributions.
             771          (1) (a) (i) Each legislative office candidate shall deposit each contribution and public


             772      service assistance received in one or more separate accounts in a financial institution that are
             773      dedicated only to that purpose.
             774          (ii) A legislative office candidate may:
             775          (A) receive a contribution or public service assistance from a political action
             776      committee registered under Section 20A-11-601 ; and
             777          (B) be designated by a political action committee as an officer who has primary
             778      decision-making authority as described in Section 20A-11-601 .
             779          (b) A legislative office candidate or the candidate's personal campaign committee may
             780      not use money deposited in an account described in Subsection (1)(a)(i) for:
             781          (i) a personal use expenditure; or
             782          (ii) an expenditure prohibited by law.
             783          (2) A legislative office candidate may not deposit or mingle any contributions or public
             784      service assistance received into a personal or business account.
             785          (3) If a person who is no longer a legislative candidate chooses not to expend the
             786      money remaining in a campaign account, the person shall continue to file the year-end
             787      summary report required by Section 20A-11-302 until the statement of dissolution and final
             788      summary report required by Section 20A-11-304 are filed with the lieutenant governor.
             789          (4) (a) Except as provided in Subsection (4)(b) and Section 20A-11-402 , a person who
             790      is no longer a legislative office candidate may not expend or transfer the money in a campaign
             791      account in a manner that would cause the former legislative office candidate to recognize the
             792      money as taxable income under federal tax law.
             793          (b) A person who is no longer a legislative office candidate may transfer the money in
             794      a campaign account in a manner that would cause the former legislative office candidate to
             795      recognize the money as taxable income under federal tax law if the transfer is made to a
             796      campaign account for federal office.
             797          (5) (a) As used in this Subsection (5) and Section 20A-11-303 , "received" means:
             798          (i) for a cash contribution, that the cash is given to a legislative office candidate or a
             799      member of the candidate's personal campaign committee;
             800          (ii) for a contribution that is a negotiable instrument or check, that the negotiable
             801      instrument or check is negotiated; and
             802          (iii) for any other type of contribution, that any portion of the contribution's benefit


             803      inures to the legislative office candidate.
             804          (b) Each legislative office candidate shall report each contribution and public service
             805      assistance to the lieutenant governor within 30 days after the contribution or public service
             806      assistance is received.
             807          (6) Within 30 days after receiving a cash contribution that exceeds S. [$100]
             807a      [$25] $50 .S from an
             808      unknown source, a legislative office candidate shall disburse the amount of the contribution to:
             809          (a) the treasurer of the state or a political subdivision for deposit into the state's or
             810      political subdivision's General Fund; or
             811          (b) an organization that is exempt from federal income taxation under Section
             812      501(c)(3), Internal Revenue Code.
             813          [(6)] (7) (a) As used in this Subsection [(6)] (7), "account" means an account in a
             814      financial institution:
             815          (i) that is not described in Subsection (1)(a)(i); and
             816          (ii) into which or from which a person who, as a candidate for an office, other than a
             817      legislative office for which the person files a declaration of candidacy or federal office, or as a
             818      holder of an office, other than a legislative office for which the person files a declaration of
             819      candidacy or federal office, deposits a contribution or makes an expenditure.
             820          (b) A legislative office candidate shall include on any financial statement filed in
             821      accordance with this part:
             822          (i) a contribution deposited in an account:
             823          (A) since the last campaign finance statement was filed; or
             824          (B) that has not been reported under a statute or ordinance that governs the account; or
             825          (ii) an expenditure made from an account:
             826          (A) since the last campaign finance statement was filed; or
             827          (B) that has not been reported under a statute or ordinance that governs the account.
             828          Section 8. Section 20A-11-302 is amended to read:
             829           20A-11-302. Legislative office candidate -- Financial reporting requirements --
             830      Year-end summary report.
             831          (1) (a) Each legislative office candidate shall file a summary report by January 10 of
             832      the year after the regular general election year.
             833          (b) In addition to the requirements of Subsection (1)(a), a former legislative office


             834      candidate that has not filed the statement of dissolution and final summary report required
             835      under Section 20A-11-304 shall continue to file a summary report on January 10 of each year.
             836          (2) (a) Each summary report shall include the following information as of December 31
             837      of the previous year:
             838          (i) the net balance of the last financial statement, if any;
             839          (ii) a single figure equal to the total amount of receipts reported on all interim reports,
             840      if any, during the calendar year in which the summary report is due;
             841          (iii) a single figure equal to the total amount of expenditures reported on all interim
             842      reports, if any, filed during the previous year;
             843          (iv) a detailed listing of each receipt, contribution, and public service assistance since
             844      the last summary report that has not been reported in detail on an interim report;
             845          (v) for each nonmonetary contribution:
             846          (A) the fair market value of the contribution with that information provided by the
             847      contributor; and
             848          (B) a specific description of the contribution;
             849          (vi) a detailed listing of each expenditure made since the last summary report that has
             850      not been reported in detail on an interim report;
             851          (vii) for each nonmonetary expenditure, the fair market value of the expenditure;
             852          (viii) a net balance for the year consisting of the net balance from the last summary
             853      report, if any, plus all receipts minus all expenditures; and
             854          (ix) the name of a political action committee for which the legislative office candidate
             855      is designated as an officer who has primary decision-making authority under Section
             856      20A-11-601 .
             857          (b) (i) For all individual contributions or public service assistance of [$50] S. [$100] [ $25]
             857a      $50 .S or
             858      less, a single aggregate figure may be reported without separate detailed listings.
             859          (ii) Two or more contributions from the same source that have an aggregate total of
             860      more than [$50] S. [$100] [$25] $50 .S may not be reported in the aggregate, but shall be
             860a      reported separately.
             861          (c) In preparing the report, all receipts and expenditures shall be reported as of
             862      December 31 of the previous year.
             863          (d) A check or negotiable instrument received by a legislative office candidate on or
             864      before December 31 of the previous year shall be included in the summary report.


             865          (3) The legislative office candidate shall certify in the summary report that to the best
             866      of the candidate's knowledge, all receipts and all expenditures have been reported as of
             867      December 31 of the previous year and that there are no bills or obligations outstanding and
             868      unpaid except as set forth in that report.
             869          Section 9. Section 20A-11-303 is amended to read:
             870           20A-11-303. Legislative office candidate -- Financial reporting requirements --
             871      Interim reports.
             872          (1) Each legislative office candidate shall file an interim report at the following times
             873      in any year in which the candidate has filed a declaration of candidacy for a public office:
             874          (a) seven days before the candidate's political convention;
             875          (b) seven days before the regular primary election date;
             876          (c) August 31; and
             877          (d) seven days before the regular general election date.
             878          (2) Each interim report shall include the following information:
             879          (a) the net balance of the last summary report, if any;
             880          (b) a single figure equal to the total amount of receipts reported on all prior interim
             881      reports, if any, during the calendar year in which the interim report is due;
             882          (c) a single figure equal to the total amount of expenditures reported on all prior
             883      interim reports, if any, filed during the calendar year in which the interim report is due;
             884          (d) a detailed listing of each contribution and public service assistance received since
             885      the last summary report that has not been reported in detail on a prior interim report;
             886          (e) for each nonmonetary contribution:
             887          (i) the fair market value of the contribution with that information provided by the
             888      contributor; and
             889          (ii) a specific description of the contribution;
             890          (f) a detailed listing of each expenditure made since the last summary report that has
             891      not been reported in detail on a prior interim report;
             892          (g) for each nonmonetary expenditure, the fair market value of the expenditure;
             893          (h) a net balance for the year consisting of the net balance from the last summary
             894      report, if any, plus all receipts since the last summary report minus all expenditures since the
             895      last summary report;


             896          (i) a summary page in the form required by the lieutenant governor that identifies:
             897          (i) beginning balance;
             898          (ii) total contributions during the period since the last statement;
             899          (iii) total contributions to date;
             900          (iv) total expenditures during the period since the last statement; and
             901          (v) total expenditures to date; and
             902          (j) the name of a political action committee for which the legislative office candidate is
             903      designated as an officer who has primary decision-making authority under Section
             904      20A-11-601 .
             905          (3) (a) For all individual contributions or public service assistance of [$50] S. [$100] [ $25]
             905a      $50 .S or
             906      less, a single aggregate figure may be reported without separate detailed listings.
             907          (b) Two or more contributions from the same source that have an aggregate total of
             908      more than [$50] S. [$100] [$25] $50 .S may not be reported in the aggregate, but shall be
             908a      reported separately.
             909          (4) (a) In preparing each interim report, all receipts and expenditures shall be reported
             910      as of five days before the required filing date of the report.
             911          (b) Any negotiable instrument or check received by a legislative office candidate more
             912      than five days before the required filing date of a report required by this section shall be
             913      included in the interim report.
             914          Section 10. Section 20A-11-401 is amended to read:
             915           20A-11-401. Officeholder financial reporting requirements -- Year-end summary
             916      report -- Officeholder as a political action committee officer -- Anonymous public service
             917      assistance.
             918          (1) (a) Each officeholder shall file a summary report by January 10 of each year.
             919          (b) An officeholder that is required to file a summary report both as an officeholder and
             920      as a candidate for office under the requirements of this chapter may file a single summary
             921      report as a candidate and an officeholder, provided that the combined report meets the
             922      requirements of:
             923          (i) this section; and
             924          (ii) the section that provides the requirements for the summary report filed by the
             925      officeholder in the officeholder's capacity of a candidate for office.
             926          (2) (a) Each summary report shall include the following information as of December 31


             927      of the previous year:
             928          (i) the net balance of the last summary report, if any;
             929          (ii) a single figure equal to the total amount of receipts received since the last summary
             930      report, if any;
             931          (iii) a single figure equal to the total amount of expenditures made since the last
             932      summary report, if any;
             933          (iv) a detailed listing of each contribution and public service assistance received since
             934      the last summary report;
             935          (v) for each nonmonetary contribution:
             936          (A) the fair market value of the contribution with that information provided by the
             937      contributor; and
             938          (B) a specific description of the contribution;
             939          (vi) a detailed listing of each expenditure made since the last summary report;
             940          (vii) for each nonmonetary expenditure, the fair market value of the expenditure;
             941          (viii) a net balance for the year consisting of the net balance from the last summary
             942      report plus all receipts minus all expenditures; and
             943          (ix) the name of a political action committee for which the officeholder is designated
             944      as an officer who has primary decision-making authority under Section 20A-11-601 .
             945          (b) (i) For all individual contributions or public service assistance of [$50] S. [$100] [ $25]
             945a      $50 .S or
             946      less, a single aggregate figure may be reported without separate detailed listings.
             947          (ii) Two or more contributions from the same source that have an aggregate total of
             948      more than [$50] S. [$100] [$25] $50 .S may not be reported in the aggregate, but shall be
             948a      reported separately.
             949          (c) In preparing the report, all receipts and expenditures shall be reported as of
             950      December 31 of the previous year.
             951          (3) The summary report shall contain a paragraph signed by the officeholder certifying
             952      that, to the best of the officeholder's knowledge, all receipts and all expenditures have been
             953      reported as of December 31 of the last calendar year and that there are no bills or obligations
             954      outstanding and unpaid except as set forth in that report.
             955          (4) An officeholder may:
             956          (a) receive public service assistance from a political action committee registered under
             957      Section 20A-11-601 ; and


             958          (b) be designated by a political action committee as an officer who has primary
             959      decision-making authority as described in Section 20A-11-601 .
             960          (5) Within 30 days after receiving a cash contribution or cash public service assistance
             961      that exceeds S. [$100] [$25] $50 .S from an unknown source, an officeholder shall disburse the
             961a      amount of the
             962      contribution or public service assistance to:
             963          (a) the treasurer of the state or a political subdivision for deposit into the state's or
             964      political subdivision's General Fund; or
             965          (b) an organization that is exempt from federal income taxation under Section
             966      501(c)(3), Internal Revenue Code.
             967          Section 11. Section 20A-11-505.7 is amended to read:
             968           20A-11-505.7. Separate account for contributions for registered political party --
             969      -- Anonymous contributions to registered political party or county political party.
             970          (1) A registered political party shall deposit a contribution received in one or more
             971      separate campaign accounts in a financial institution.
             972          (2) A registered political party may not deposit or mingle a contribution received into a
             973      personal or business account.
             974          (3) A registered political party or county political party may not expend a cash
             975      contribution for political purposes or a political issues expenditure if the cash contribution:
             976          (a) exceeds S. [$100] [$25] $50 .S ; and
             977          (b) is from an unknown source.
             978          Section 12. Section 20A-11-506 is amended to read:
             979           20A-11-506. Political party financial reporting requirements -- Year-end
             980      summary report.
             981          (1) The party committee of each registered political party shall file a summary report by
             982      January 10 of each year.
             983          (2) (a) Each summary report shall include the following information as of December 31
             984      of the previous year:
             985          (i) the net balance of the last summary report, if any;
             986          (ii) a single figure equal to the total amount of receipts reported on all interim reports,
             987      if any, during the previous year;
             988          (iii) a single figure equal to the total amount of expenditures reported on all interim


             989      reports, if any, filed during the previous year;
             990          (iv) a detailed listing of each contribution [and public service assistance] received since
             991      the last summary report that has not been reported in detail on an interim report;
             992          (v) for each nonmonetary contribution, the fair market value of the contribution;
             993          (vi) a detailed listing of each expenditure made since the last summary report that has
             994      not been reported in detail on an interim report;
             995          (vii) for each nonmonetary expenditure, the fair market value of the expenditure; and
             996          (viii) a net balance for the year consisting of the net balance from the last summary
             997      report, if any, plus all receipts minus all expenditures.
             998          (b) (i) For all individual contributions [or public service assistance] of [$50] S. [$100]
             998a      [$25] $50 .S or
             999      less, a single aggregate figure may be reported without separate detailed listings.
             1000          (ii) Two or more contributions from the same source that have an aggregate total of
             1001      more than [$50] S. [$100] [$25] $50 .S may not be reported in the aggregate, but shall be
             1001a      reported separately.
             1002          (c) In preparing the report, all receipts and expenditures shall be reported as of
             1003      December 31 of the previous year.
             1004          (3) The summary report shall contain a paragraph signed by the treasurer of the party
             1005      committee certifying that, to the best of the treasurer's knowledge, all receipts and all
             1006      expenditures have been reported as of December 31 of the previous year and that there are no
             1007      bills or obligations outstanding and unpaid except as set forth in that report.
             1008          Section 13. Section 20A-11-507 is amended to read:
             1009           20A-11-507. Political party financial reporting requirements -- Interim reports.
             1010          (1) The party committee of each registered political party shall file an interim report at
             1011      the following times in any year in which there is a regular general election:
             1012          (a) seven days before the registered political party's political convention;
             1013          (b) seven days before the regular primary election date;
             1014          (c) August 31; and
             1015          (d) seven days before the general election date.
             1016          (2) Each interim report shall include the following information:
             1017          (a) the net balance of the last financial statement, if any;
             1018          (b) a single figure equal to the total amount of receipts reported on all prior interim
             1019      reports, if any, during the calendar year in which the interim report is due;


             1020          (c) a single figure equal to the total amount of expenditures reported on all prior
             1021      interim reports, if any, filed during the calendar year in which the interim report is due;
             1022          (d) a detailed listing of each contribution [and public service assistance] received since
             1023      the last summary report that has not been reported in detail on a prior interim report;
             1024          (e) for each nonmonetary contribution, the fair market value of the contribution;
             1025          (f) a detailed listing of each expenditure made since the last summary report that has
             1026      not been reported in detail on a prior interim report;
             1027          (g) for each nonmonetary expenditure, the fair market value of the expenditure;
             1028          (h) a net balance for the year consisting of the net balance from the last summary
             1029      report, if any, plus all receipts since the last summary report minus all expenditures since the
             1030      last summary report; and
             1031          (i) a summary page in the form required by the lieutenant governor that identifies:
             1032          (i) beginning balance;
             1033          (ii) total contributions during the period since the last statement;
             1034          (iii) total contributions to date;
             1035          (iv) total expenditures during the period since the last statement; and
             1036          (v) total expenditures to date.
             1037          (3) (a) For all individual contributions [or public service assistance] of [$50] S. [$100]
             1037a      [$25] $50 .S or
             1038      less, a single aggregate figure may be reported without separate detailed listings.
             1039          (b) Two or more contributions from the same source that have an aggregate total of
             1040      more than [$50] S. [$100] [$25] $50 .S may not be reported in the aggregate, but shall be
             1040a      reported separately.
             1041          (4) In preparing each interim report, all receipts and expenditures shall be reported as
             1042      of five days before the required filing date of the report.
             1043          Section 14. Section 20A-11-510 is amended to read:
             1044           20A-11-510. County political party financial reporting requirements -- Year-end
             1045      summary report.
             1046          (1) A county political party officer of a county political party that has received
             1047      contributions totaling at least $750, or disbursed expenditures totaling at least [$50] S. [$100] [$25]
             1047a      $50 .S ,
             1048      during a calendar year shall file a summary report by January 10 of the following year.
             1049          (2) (a) Each summary report shall include the following information as of December 31
             1050      of the previous year:


             1051          (i) the net balance of the last summary report, if any;
             1052          (ii) a single figure equal to the total amount of receipts reported on all interim reports,
             1053      if any, filed during the previous year;
             1054          (iii) a single figure equal to the total amount of expenditures reported on all interim
             1055      reports, if any, filed during the previous year;
             1056          (iv) a detailed listing of each contribution [and public service assistance] received since
             1057      the last summary report that has not been reported in detail on an interim report;
             1058          (v) for each nonmonetary contribution, the fair market value of the contribution;
             1059          (vi) a detailed listing of each expenditure made since the last summary report that has
             1060      not been reported in detail on an interim report;
             1061          (vii) for each nonmonetary expenditure, the fair market value of the expenditure; and
             1062          (viii) a net balance for the year consisting of the net balance from the last summary
             1063      report, if any, plus all receipts minus all expenditures.
             1064          (b) (i) For all individual contributions [or public service assistance] of [$50] S. [$100]
             1064a      [$25] $50 .S or
             1065      less, a single aggregate figure may be reported without separate detailed listings.
             1066          (ii) Two or more contributions from the same source that have an aggregate total of
             1067      more than [$50] S. [$100] [$25] $50 .S may not be reported in the aggregate, but shall be
             1067a      reported separately.
             1068          (c) In preparing the report, all receipts and expenditures shall be reported as of
             1069      December 31 of the previous year.
             1070          (3) The county political party officer shall certify in the summary report that, to the
             1071      best of the officer's knowledge, all receipts and all expenditures have been reported as of
             1072      December 31 of the previous year and that there are no bills or obligations outstanding and
             1073      unpaid except as set forth in that report.
             1074          Section 15. Section 20A-11-511 is amended to read:
             1075           20A-11-511. County political party financial reporting requirements -- Interim
             1076      reports.
             1077          (1) (a) A county political party officer of a county political party that has received
             1078      contributions totaling at least $750, or disbursed expenditures totaling at least [$50] S. [$100] [$25]
             1078a      $50 .S ,
             1079      during a calendar year shall file an interim report at the following times in any year in which
             1080      there is a regular general election:
             1081          (i) seven days before the county political party's convention;


             1082          (ii) seven days before the regular primary election date;
             1083          (iii) August 31; and
             1084          (iv) seven days before the general election date.
             1085          (b) A county political party officer need not file an interim report if it received no
             1086      contributions or made no expenditures during the reporting period.
             1087          (2) Each interim report shall include the following information:
             1088          (a) the net balance of the last financial statement, if any;
             1089          (b) a single figure equal to the total amount of receipts reported on all prior interim
             1090      reports, if any, during the calendar year in which the interim report is due;
             1091          (c) a single figure equal to the total amount of expenditures reported on all prior
             1092      interim reports, if any, filed during the calendar year in which the interim report is due;
             1093          (d) a detailed listing of each contribution [and public service assistance] received since
             1094      the last summary report that has not been reported in detail on a prior interim report;
             1095          (e) for each nonmonetary contribution, the fair market value of the contribution;
             1096          (f) a detailed listing of each expenditure made since the last summary report that has
             1097      not been reported in detail on a prior interim report;
             1098          (g) for each nonmonetary expenditure, the fair market value of the expenditure;
             1099          (h) a net balance for the year consisting of the net balance from the last summary
             1100      report, if any, plus all receipts since the last summary report minus all expenditures since the
             1101      last summary report; and
             1102          (i) a summary page in the form required by the lieutenant governor that identifies:
             1103          (i) beginning balance;
             1104          (ii) total contributions during the period since the last statement;
             1105          (iii) total contributions to date;
             1106          (iv) total expenditures during the period since the last statement; and
             1107          (v) total expenditures to date.
             1108          (3) (a) For all individual contributions [or public service assistance] of [$50] S. [$100]
             1108a      [$25] $50 .S or
             1109      less, a single aggregate figure may be reported without separate detailed listings.
             1110          (b) Two or more contributions from the same source that have an aggregate total of
             1111      more than [$50] S. [$100] [$25] $50 .S may not be reported in the aggregate, but shall be
             1111a      reported separately.
             1112          (4) In preparing each interim report, all receipts and expenditures shall be reported as


             1113      of five days before the required filing date of the report.
             1114          Section 16. Section 20A-11-601 is amended to read:
             1115           20A-11-601. Political action committees -- Registration -- Criminal penalty for
             1116      providing false information or accepting unlawful contribution.
             1117          (1) (a) Each political action committee shall file a statement of organization with the
             1118      lieutenant governor's office by January 10 of each year, unless the political action committee
             1119      has filed a notice of dissolution under Subsection (4).
             1120          (b) If a political action committee is organized after the January 10 filing date, the
             1121      political action committee shall file an initial statement of organization no later than seven days
             1122      after:
             1123          (i) receiving contributions totaling at least $750; or
             1124          (ii) distributing expenditures for political purposes totaling at least [$50] S. [$100] [ $25]
             1124a      $50 .S .
             1125          (2) (a) Each political action committee shall designate two officers who have primary
             1126      decision-making authority for the political action committee.
             1127          (b) A person may not exercise primary decision-making authority for a political action
             1128      committee who is not designated under Subsection (2)(a).
             1129          (3) The statement of organization shall include:
             1130          (a) the name and address of the political action committee;
             1131          (b) the name, street address, phone number, occupation, and title of the two primary
             1132      officers designated under Subsection (2)(a);
             1133          (c) the name, street address, occupation, and title of all other officers of the political
             1134      action committee;
             1135          (d) the name and street address of the organization, individual corporation, association,
             1136      unit of government, or union that the political action committee represents, if any;
             1137          (e) the name and street address of all affiliated or connected organizations and their
             1138      relationships to the political action committee;
             1139          (f) the name, street address, business address, occupation, and phone number of the
             1140      committee's treasurer or chief financial officer; and
             1141          (g) the name, street address, and occupation of each member of the governing and
             1142      advisory boards, if any.
             1143          (4) (a) Any registered political action committee that intends to permanently cease


             1144      operations shall file a notice of dissolution with the lieutenant governor's office.
             1145          (b) Any notice of dissolution filed by a political action committee does not exempt that
             1146      political action committee from complying with the financial reporting requirements of this
             1147      chapter.
             1148          (5) (a) Unless the political action committee has filed a notice of dissolution under
             1149      Subsection (4), a political action committee shall file, with the lieutenant governor's office,
             1150      notice of any change of an officer described in Subsection (2)(a).
             1151          (b) Notice of a change of a primary officer described in Subsection (2)(a) shall:
             1152          (i) be filed within 10 days of the date of the change; and
             1153          (ii) contain the name and title of the officer being replaced, and the name, street
             1154      address, occupation, and title of the new officer.
             1155          (6) (a) A person is guilty of providing false information in relation to a political action
             1156      committee if the person intentionally or knowingly gives false or misleading material
             1157      information in the statement of organization or the notice of change of primary officer.
             1158          (b) Each primary officer designated in Subsection (2)(a) is guilty of accepting an
             1159      unlawful contribution if the political action committee knowingly or recklessly accepts a
             1160      contribution from a corporation that:
             1161          (i) was organized less than 90 days before the date of the general election; and
             1162          (ii) at the time the political action committee accepts the contribution, has failed to file
             1163      a statement of organization with the lieutenant governor's office as required by Section
             1164      20A-11-704 .
             1165          (c) A violation of this Subsection (6) is a third degree felony.
             1166          Section 17. Section 20A-11-602 is amended to read:
             1167           20A-11-602. Political action committees -- Financial reporting -- Anonymous
             1168      contributions.
             1169          (1) (a) Each registered political action committee that has received contributions
             1170      totaling at least $750, or disbursed expenditures totaling at least [$50] S. [$100] [$25] $50 .S ,
             1170a      during a calendar
             1171      year shall file a verified financial statement with the lieutenant governor's office:
             1172          (i) on January 10, reporting contributions and expenditures as of December 31 of the
             1173      previous year;
             1174          (ii) seven days before the regular primary election date;


             1175          (iii) on August 31; and
             1176          (iv) seven days before:
             1177          (A) the municipal general election; and
             1178          (B) the regular general election date.
             1179          (b) The registered political action committee shall report:
             1180          (i) a detailed listing of all contributions received and expenditures made since the last
             1181      statement; and
             1182          (ii) for financial statements filed under Subsections (1)(a)(ii) through (iv), all
             1183      contributions and expenditures as of five days before the required filing date of the financial
             1184      statement.
             1185          (c) The registered political action committee need not file a statement under this
             1186      section if it received no contributions and made no expenditures during the reporting period.
             1187          (2) (a) The verified financial statement shall include:
             1188          (i) the name and address of any individual that makes a contribution to the reporting
             1189      political action committee, if known, and the amount of the contribution;
             1190          (ii) the identification of any publicly identified class of individuals that makes a
             1191      contribution to the reporting political action committee, and the amount of the contribution;
             1192          (iii) the name and address of any political action committee, group, or entity, if known,
             1193      that makes a contribution to the reporting political action committee, and the amount of the
             1194      contribution;
             1195          (iv) for each nonmonetary contribution, the fair market value of the contribution;
             1196          (v) the name and address of each reporting entity that received an expenditure from the
             1197      reporting political action committee, and the amount of each expenditure;
             1198          (vi) for each nonmonetary expenditure, the fair market value of the expenditure;
             1199          (vii) the total amount of contributions received and expenditures disbursed by the
             1200      reporting political action committee;
             1201          (viii) a statement by the political action committee's treasurer or chief financial officer
             1202      certifying that, to the best of the person's knowledge, the financial report is accurate; and
             1203          (ix) a summary page in the form required by the lieutenant governor that identifies:
             1204          (A) beginning balance;
             1205          (B) total contributions during the period since the last statement;


             1206          (C) total contributions to date;
             1207          (D) total expenditures during the period since the last statement; and
             1208          (E) total expenditures to date.
             1209          (b) (i) Contributions received by a political action committee that have a value of [$50]
             1210      S. [$100] [$25] $50 .S or less need not be reported individually, but shall be listed on the report
             1210a      as an aggregate
             1211      total.
             1212          (ii) Two or more contributions from the same source that have an aggregate total of
             1213      more than [$50] S. [$100] [$25] $50 .S may not be reported in the aggregate, but shall be
             1213a      reported separately.
             1214          (3) A group or entity may not divide or separate into units, sections, or smaller groups
             1215      for the purpose of avoiding the financial reporting requirements of this chapter, and substance
             1216      shall prevail over form in determining the scope or size of a political action committee.
             1217          (4) (a) As used in this Subsection (4), "received" means:
             1218          (i) for a cash contribution, that the cash is given to a political action committee;
             1219          (ii) for a contribution that is a negotiable instrument or check, that the negotiable
             1220      instrument or check is negotiated; and
             1221          (iii) for any other type of contribution, that any portion of the contribution's benefit
             1222      inures to the political action committee.
             1223          (b) A political action committee shall report each contribution to the lieutenant
             1224      governor within 30 days after the contribution is received.
             1225          (5) A political action committee may not expend a cash contribution for political
             1226      purposes if the cash contribution:
             1227          (a) exceeds S. [$100] [$25] $50 .S ; and
             1228          (b) is from an unknown source.
             1229          Section 18. Section 20A-11-702 is amended to read:
             1230           20A-11-702. Campaign financial reporting of political issues expenditures by
             1231      corporations -- Financial reporting.
             1232          (1) (a) Each corporation that has made political issues expenditures on current or
             1233      proposed ballot issues that total at least $750 during a calendar year shall file a verified
             1234      financial statement with the lieutenant governor's office:
             1235          (i) on January 10, reporting expenditures as of December 31 of the previous year;
             1236          (ii) seven days before the regular primary election date;


             1237          (iii) on August 31; and
             1238          (iv) seven days before the regular general election date.
             1239          (b) The corporation shall report:
             1240          (i) a detailed listing of all expenditures made since the last statement; and
             1241          (ii) for financial statements under Subsections (1)(a)(ii) through (iv), expenditures as of
             1242      five days before the required filing date of the financial statement.
             1243          (c) The corporation need not file a statement under this section if it made no
             1244      expenditures during the reporting period.
             1245          (2) That statement shall include:
             1246          (a) the name and address of each individual, entity, or group of individuals or entities
             1247      that received a political issues expenditure of more than [$50] S. [$100] [$25] $50 .S from the
             1247a      corporation, and
             1248      the amount of each political issues expenditure;
             1249          (b) the total amount of political issues expenditures disbursed by the corporation; and
             1250          (c) a statement by the corporation's treasurer or chief financial officer certifying the
             1251      accuracy of the verified financial statement.
             1252          Section 19. Section 20A-11-801 is amended to read:
             1253           20A-11-801. Political issues committees -- Registration -- Criminal penalty for
             1254      providing false information or accepting unlawful contribution.
             1255          (1) (a) Each political issues committee shall file a statement of organization with the
             1256      lieutenant governor's office by January 10 of each year, unless the political issues committee
             1257      has filed a notice of dissolution under Subsection (4).
             1258          (b) If a political issues committee is organized after the January 10 filing date, the
             1259      political issues committee shall file an initial statement of organization no later than seven days
             1260      after:
             1261          (i) receiving political issues contributions totaling at least $750; or
             1262          (ii) disbursing political issues expenditures totaling at least [$50] S.[$100] [$25] $50 .S .
             1263          (2) Each political issues committee shall designate two officers that have primary
             1264      decision-making authority for the political issues committee.
             1265          (3) The statement of organization shall include:
             1266          (a) the name and street address of the political issues committee;
             1267          (b) the name, street address, phone number, occupation, and title of the two primary


             1268      officers designated under Subsection (2);
             1269          (c) the name, street address, occupation, and title of all other officers of the political
             1270      issues committee;
             1271          (d) the name and street address of the organization, individual, corporation,
             1272      association, unit of government, or union that the political issues committee represents, if any;
             1273          (e) the name and street address of all affiliated or connected organizations and their
             1274      relationships to the political issues committee;
             1275          (f) the name, street address, business address, occupation, and phone number of the
             1276      committee's treasurer or chief financial officer;
             1277          (g) the name, street address, and occupation of each member of the supervisory and
             1278      advisory boards, if any; and
             1279          (h) the ballot proposition whose outcome they wish to affect, and whether they support
             1280      or oppose it.
             1281          (4) (a) Any registered political issues committee that intends to permanently cease
             1282      operations during a calendar year shall file a notice of dissolution with the lieutenant governor's
             1283      office.
             1284          (b) Any notice of dissolution filed by a political issues committee does not exempt that
             1285      political issues committee from complying with the financial reporting requirements of this
             1286      chapter.
             1287          (5) (a) Unless the political issues committee has filed a notice of dissolution under
             1288      Subsection (4), a political issues committee shall file, with the lieutenant governor's office,
             1289      notice of any change of an officer described in Subsection (2).
             1290          (b) Notice of a change of a primary officer described in Subsection (2) shall:
             1291          (i) be filed within 10 days of the date of the change; and
             1292          (ii) contain the name and title of the officer being replaced and the name, street
             1293      address, occupation, and title of the new officer.
             1294          (6) (a) A person is guilty of providing false information in relation to a political issues
             1295      committee if the person intentionally or knowingly gives false or misleading material
             1296      information in the statement of organization or the notice of change of primary officer.
             1297          (b) Each primary officer designated in Subsection (2) is guilty of accepting an unlawful
             1298      contribution if the political issues committee knowingly or recklessly accepts a contribution


             1299      from a corporation that:
             1300          (i) was organized less than 90 days before the date of the general election; and
             1301          (ii) at the time the political issues committee accepts the contribution, has failed to file
             1302      a statement of organization with the lieutenant governor's office as required by Section
             1303      20A-11-704 .
             1304          (c) A violation of this Subsection (6) is a third degree felony.
             1305          Section 20. Section 20A-11-802 is amended to read:
             1306           20A-11-802. Political issues committees -- Financial reporting -- Anonymous
             1307      contributions.
             1308          (1) (a) Each registered political issues committee that has received political issues
             1309      contributions totaling at least $750, or disbursed political issues expenditures totaling at least
             1310      [$50] S. [$100] [$25] $50 .S , during a calendar year, shall file a verified financial statement
             1310a      with the lieutenant
             1311      governor's office:
             1312          (i) on January 10, reporting contributions and expenditures as of December 31 of the
             1313      previous year;
             1314          (ii) seven days before the date of an incorporation election, if the political issues
             1315      committee has received donations or made disbursements to affect an incorporation;
             1316          (iii) at least three days before the first public hearing held as required by Section
             1317      20A-7-204.1 ;
             1318          (iv) if the political issues committee has received or expended funds in relation to an
             1319      initiative or referendum, at the time the initiative or referendum sponsors submit:
             1320          (A) the verified and certified initiative packets as required by Section 20A-7-206 ; or
             1321          (B) the signed and verified referendum packets as required by Section 20A-7-306 ;
             1322          (v) on August 31; and
             1323          (vi) seven days before:
             1324          (A) the municipal general election; and
             1325          (B) the regular general election.
             1326          (b) The political issues committee shall report:
             1327          (i) a detailed listing of all contributions received and expenditures made since the last
             1328      statement; and
             1329          (ii) all contributions and expenditures as of five days before the required filing date of


             1330      the financial statement, except for a financial statement filed on January 10.
             1331          (c) The political issues committee need not file a statement under this section if it
             1332      received no contributions and made no expenditures during the reporting period.
             1333          (2) (a) That statement shall include:
             1334          (i) the name and address, if known, of any individual that makes a political issues
             1335      contribution to the reporting political issues committee, and the amount of the political issues
             1336      contribution;
             1337          (ii) the identification of any publicly identified class of individuals that makes a
             1338      political issues contribution to the reporting political issues committee, and the amount of the
             1339      political issues contribution;
             1340          (iii) the name and address, if known, of any political issues committee, group, or entity
             1341      that makes a political issues contribution to the reporting political issues committee, and the
             1342      amount of the political issues contribution;
             1343          (iv) the name and address of each reporting entity that makes a political issues
             1344      contribution to the reporting political issues committee, and the amount of the political issues
             1345      contribution;
             1346          (v) for each nonmonetary contribution, the fair market value of the contribution;
             1347          (vi) except as provided in Subsection (2)(c), the name and address of each individual,
             1348      entity, or group of individuals or entities that received a political issues expenditure of more
             1349      than [$50] S. [$100] [$25] $50 .S from the reporting political issues committee, and the amount
             1349a      of each political
             1350      issues expenditure;
             1351          (vii) for each nonmonetary expenditure, the fair market value of the expenditure;
             1352          (viii) the total amount of political issues contributions received and political issues
             1353      expenditures disbursed by the reporting political issues committee;
             1354          (ix) a statement by the political issues committee's treasurer or chief financial officer
             1355      certifying that, to the best of the person's knowledge, the financial statement is accurate; and
             1356          (x) a summary page in the form required by the lieutenant governor that identifies:
             1357          (A) beginning balance;
             1358          (B) total contributions during the period since the last statement;
             1359          (C) total contributions to date;
             1360          (D) total expenditures during the period since the last statement; and


             1361          (E) total expenditures to date.
             1362          (b) (i) Political issues contributions received by a political issues committee that have a
             1363      value of [$50] S. [$100] [$25] $50 .S or less need not be reported individually, but shall be listed
             1363a      on the report as
             1364      an aggregate total.
             1365          (ii) Two or more political issues contributions from the same source that have an
             1366      aggregate total of more than [$50] S. [$100] [$25] $50 .S may not be reported in the aggregate,
             1366a      but shall be
             1367      reported separately.
             1368          (c) When reporting political issue expenditures made to circulators of initiative
             1369      petitions, the political issues committee:
             1370          (i) need only report the amount paid to each initiative petition circulator; and
             1371          (ii) need not report the name or address of the circulator.
             1372          (3) (a) As used in this Subsection (3), "received" means:
             1373          (i) for a cash contribution, that the cash is given to a political issues committee;
             1374          (ii) for a contribution that is a negotiable instrument or check, that the negotiable
             1375      instrument or check is negotiated; and
             1376          (iii) for any other type of contribution, that any portion of the contribution's benefit
             1377      inures to the political issues committee.
             1378          (b) A political issues committee shall report each contribution to the lieutenant
             1379      governor within 30 days after the contribution is received.
             1380          (4) A political issues committee may not expend a cash contribution for a political
             1381      issues expenditure if the cash contribution:
             1382          (a) exceeds S. [$100] [$25] $50 .S ; and
             1383          (b) is from an unknown source.
             1384          Section 21. Section 20A-11-904 is amended to read:
             1385           20A-11-904. Contribution given in another's name and anonymous contributions
             1386      prohibited.
             1387          A person may not:
             1388          (1) make a contribution in the name of another;
             1389          (2) knowingly permit another to make a contribution in the person's name; [or]
             1390          (3) knowingly accept a contribution made by one person in the name of another[.]; or
             1391          (4) make a contribution that exceeds S. [$100] [$25] $50 .S without disclosing the
             1391a      person's name.


             1392          Section 22. Section 20A-11-1301 is amended to read:
             1393           20A-11-1301. School board office candidate -- Campaign finance requirements --
             1394      Candidate as a political action committee officer -- No personal use -- Report
             1395      contributions within 30 days -- Report other accounts -- Anonymous contributions.
             1396          (1) (a) (i) Each school board office candidate shall deposit each contribution and public
             1397      service assistance received in one or more separate accounts in a financial institution that are
             1398      dedicated only to that purpose.
             1399          (ii) A school board office candidate may:
             1400          (A) receive a contribution or public service assistance from a political action
             1401      committee registered under Section 20A-11-601 ; and
             1402          (B) be designated by a political action committee as an officer who has primary
             1403      decision-making authority as described in Section 20A-11-601 .
             1404          (b) A school board office candidate may not use money deposited in an account
             1405      described in Subsection (1)(a)(i) for:
             1406          (i) a personal use expenditure; or
             1407          (ii) an expenditure prohibited by law.
             1408          (2) A school board office candidate may not deposit or mingle any contributions or
             1409      public service assistance received into a personal or business account.
             1410          (3) A school board office candidate may not make any political expenditures prohibited
             1411      by law.
             1412          (4) If a person who is no longer a school board candidate chooses not to expend the
             1413      money remaining in a campaign account, the person shall continue to file the year-end
             1414      summary report required by Section 20A-11-1302 until the statement of dissolution and final
             1415      summary report required by Section 20A-11-1304 are filed with:
             1416          (a) the lieutenant governor in the case of a state school board candidate; and
             1417          (b) the county clerk, in the case of a local school board candidate.
             1418          (5) (a) Except as provided in Subsection (5)(b) and Section 20A-11-402 , a person who
             1419      is no longer a school board candidate may not expend or transfer the money in a campaign
             1420      account in a manner that would cause the former school board candidate to recognize the
             1421      money as taxable income under federal tax law.
             1422          (b) A person who is no longer a school board candidate may transfer the money in a


             1423      campaign account in a manner that would cause the former school board candidate to recognize
             1424      the money as taxable income under federal tax law if the transfer is made to a campaign
             1425      account for federal office.
             1426          (6) (a) As used in this Subsection (6) and Section 20A-11-1303 , "received" means:
             1427          (i) for a cash contribution, that the cash is given to a school board office candidate or a
             1428      member of the candidate's personal campaign committee;
             1429          (ii) for a contribution that is a negotiable instrument or check, that the negotiable
             1430      instrument or check is negotiated; and
             1431          (iii) for any other type of contribution, that any portion of the contribution's benefit
             1432      inures to the school board office candidate.
             1433          (b) Each school board office candidate shall report to the chief election officer each
             1434      contribution and public service assistance within 30 days after the contribution or public
             1435      service assistance is received.
             1436          (7) Within 30 days after receiving a cash contribution that exceeds S. [$100] [$25]
             1436a      $50 .S from an
             1437      unknown source, a school board office candidate shall disburse the contribution to:
             1438          (a) the treasurer of the state or a political subdivision for deposit into the state's or
             1439      political subdivision's General Fund; or
             1440          (b) an organization that is exempt from federal income taxation under Section
             1441      501(c)(3), Internal Revenue Code.
             1442          [(7)] (8) (a) As used in this Subsection [(7)] (8), "account" means an account in a
             1443      financial institution:
             1444          (i) that is not described in Subsection (1)(a)(i); and
             1445          (ii) into which or from which a person who, as a candidate for an office, other than a
             1446      school board office for which the person files a declaration of candidacy or federal office, or as
             1447      a holder of an office, other than a school board office for which the person files a declaration of
             1448      candidacy or federal office, deposits a contribution or makes an expenditure.
             1449          (b) A school board office candidate shall include on any financial statement filed in
             1450      accordance with this part:
             1451          (i) a contribution deposited in an account:
             1452          (A) since the last campaign finance statement was filed; or
             1453          (B) that has not been reported under a statute or ordinance that governs the account; or


             1454          (ii) an expenditure made from an account:
             1455          (A) since the last campaign finance statement was filed; or
             1456          (B) that has not been reported under a statute or ordinance that governs the account.
             1457          Section 23. Section 20A-11-1302 is amended to read:
             1458           20A-11-1302. School board office candidate -- Financial reporting requirements
             1459      -- Year-end summary report.
             1460          (1) (a) Each school board office candidate shall file a summary report by January 10 of
             1461      the year after the regular general election year.
             1462          (b) In addition to the requirements of Subsection (1)(a), a former school board office
             1463      candidate that has not filed the statement of dissolution and final summary report required
             1464      under Section 20A-11-1304 shall continue to file a summary report on January 10 of each year.
             1465          (2) (a) Each summary report shall include the following information as of December 31
             1466      of the previous year:
             1467          (i) the net balance of the last financial statement, if any;
             1468          (ii) a single figure equal to the total amount of receipts reported on all interim reports,
             1469      if any, during the previous year;
             1470          (iii) a single figure equal to the total amount of expenditures reported on all interim
             1471      reports, if any, filed during the previous year;
             1472          (iv) a detailed listing of each receipt, contribution, and public service assistance since
             1473      the last summary report that has not been reported in detail on an interim report;
             1474          (v) for each nonmonetary contribution:
             1475          (A) the fair market value of the contribution with that information provided by the
             1476      contributor; and
             1477          (B) a specific description of the contribution;
             1478          (vi) a detailed listing of each expenditure made since the last summary report that has
             1479      not been reported in detail on an interim report;
             1480          (vii) for each nonmonetary expenditure, the fair market value of the expenditure;
             1481          (viii) a net balance for the year consisting of the net balance from the last summary
             1482      report, if any, plus all receipts minus all expenditures; and
             1483          (ix) the name of a political action committee for which the school board office
             1484      candidate is designated as an officer who has primary decision-making authority under Section


             1485      20A-11-601 .
             1486          (b) (i) For all individual contributions or public service assistance of [$50] S. [$100] [ $25]
             1486a      $50 .S or
             1487      less, a single aggregate figure may be reported without separate detailed listings.
             1488          (ii) Two or more contributions from the same source that have an aggregate total of
             1489      more than [$50] S. [$100] [$25] $50 .S may not be reported in the aggregate, but shall be
             1489a      reported separately.
             1490          (c) In preparing the report, all receipts and expenditures shall be reported as of
             1491      December 31 of the previous year.
             1492          (d) A check or negotiable instrument received by a school board office candidate on or
             1493      before December 31 of the previous year shall be included in the summary report.
             1494          (3) The school board office candidate shall certify in the summary report that, to the
             1495      best of the school board office candidate's knowledge, all receipts and all expenditures have
             1496      been reported as of December 31 of the previous year and that there are no bills or obligations
             1497      outstanding and unpaid except as set forth in that report.
             1498          Section 24. Section 20A-11-1303 is amended to read:
             1499           20A-11-1303. School board office candidate -- Financial reporting requirements
             1500      -- Interim reports.
             1501          (1) Each school board office candidate shall file an interim report at the following
             1502      times in any year in which the candidate has filed a declaration of candidacy for a public office:
             1503          (a) May 15, for state school board office candidates;
             1504          (b) seven days before the regular primary election date;
             1505          (c) August 31; and
             1506          (d) seven days before the regular general election date.
             1507          (2) Each interim report shall include the following information:
             1508          (a) the net balance of the last summary report, if any;
             1509          (b) a single figure equal to the total amount of receipts reported on all prior interim
             1510      reports, if any, during the calendar year in which the interim report is due;
             1511          (c) a single figure equal to the total amount of expenditures reported on all prior
             1512      interim reports, if any, filed during the calendar year in which the interim report is due;
             1513          (d) a detailed listing of each contribution and public service assistance received since
             1514      the last summary report that has not been reported in detail on a prior interim report;
             1515          (e) for each nonmonetary contribution:


             1516          (i) the fair market value of the contribution with that information provided by the
             1517      contributor; and
             1518          (ii) a specific description of the contribution;
             1519          (f) a detailed listing of each expenditure made since the last summary report that has
             1520      not been reported in detail on a prior interim report;
             1521          (g) for each nonmonetary expenditure, the fair market value of the expenditure;
             1522          (h) a net balance for the year consisting of the net balance from the last summary
             1523      report, if any, plus all receipts since the last summary report minus all expenditures since the
             1524      last summary report;
             1525          (i) a summary page in the form required by the lieutenant governor that identifies:
             1526          (i) beginning balance;
             1527          (ii) total contributions during the period since the last statement;
             1528          (iii) total contributions to date;
             1529          (iv) total expenditures during the period since the last statement; and
             1530          (v) total expenditures to date; and
             1531          (j) the name of a political action committee for which the school board office candidate
             1532      is designated as an officer who has primary decision-making authority under Section
             1533      20A-11-601 .
             1534          (3) (a) For all individual contributions or public service assistance of [$50] S. [$100]
             1534a      [ $25] $50 .S or
             1535      less, a single aggregate figure may be reported without separate detailed listings.
             1536          (b) Two or more contributions from the same source that have an aggregate total of
             1537      more than [$50] S. [$100] [$25] $50 .S may not be reported in the aggregate, but shall be
             1537a      reported separately.
             1538          (4) (a) In preparing each interim report, all receipts and expenditures shall be reported
             1539      as of five days before the required filing date of the report.
             1540          (b) Any negotiable instrument or check received by a school board office candidate
             1541      more than five days before the required filing date of a report required by this section shall be
             1542      included in the interim report.
             1543          Section 25. Section 20A-11-1502 is amended to read:
             1544           20A-11-1502. Campaign financial reporting of contributions -- Filing
             1545      requirements -- Statement contents.
             1546          (1) (a) Each labor organization that has made expenditures for political purposes or


             1547      political issues expenditures on current or proposed ballot issues that total at least $750 during
             1548      a calendar year shall file a verified financial statement with the lieutenant governor's office:
             1549          (i) on January 10, reporting expenditures as of December 31 of the previous year;
             1550          (ii) seven days before the regular primary election date;
             1551          (iii) on August 31; and
             1552          (iv) seven days before the regular general election date.
             1553          (b) The labor organization shall report:
             1554          (i) a detailed listing of all expenditures made since the last statement; and
             1555          (ii) for financial statements filed under Subsections (1)(a)(ii) through (iv), all
             1556      expenditures as of five days before the required filing date of the financial statement.
             1557          (c) The labor organization need not file a financial statement under this section if the
             1558      labor organization:
             1559          (i) made no expenditures during the reporting period; or
             1560          (ii) reports its expenditures during the reporting period under another part of this
             1561      chapter.
             1562          (2) The financial statement shall include:
             1563          (a) the name and address of each reporting entity that received an expenditure or
             1564      political issues expenditure of more than [$50] S. [$100] [$25] $50 .S from the labor
             1564a      organization, and the
             1565      amount of each expenditure or political issues expenditure;
             1566          (b) the total amount of expenditures disbursed by the labor organization; and
             1567          (c) a statement by the labor organization's treasurer or chief financial officer certifying
             1568      the accuracy of the financial statement.
             1569          Section 26. Section 20A-12-301 is amended to read:
             1570           20A-12-301. Definitions.
             1571          As used in this part:
             1572          (1) (a) "Contribution" means any of the following when done for political purposes:
             1573          (i) a gift, subscription, donation, loan, advance, or deposit of money or anything of
             1574      value given to the judge or the judge's personal campaign committee;
             1575          (ii) an express, legally enforceable contract, promise, or agreement to make a gift,
             1576      subscription, donation, unpaid or partially unpaid loan, advance, or deposit of money or
             1577      anything of value to the judge or the judge's personal campaign committee;


             1578          (iii) any transfer of funds from another reporting entity or a corporation to the judge or
             1579      the judge's personal campaign committee;
             1580          (iv) compensation paid by any person or reporting entity other than the judge or the
             1581      judge's personal campaign committee for personal services provided without charge to the
             1582      judge or the judge's personal campaign committee; and
             1583          (v) goods or services provided to or for the benefit of the judge or the judge's personal
             1584      campaign committee at less than fair market value.
             1585          (b) "Contribution" does not include:
             1586          (i) services provided without compensation by individuals volunteering a portion or all
             1587      of their time on behalf of the judge or the judge's personal campaign committee; or
             1588          (ii) money lent to the judge or the judge's personal campaign committee by a financial
             1589      institution in the ordinary course of business.
             1590          (2) (a) "Corporation" means a domestic or foreign, profit or nonprofit, business
             1591      organization that is registered as a corporation or is authorized to do business in a state and
             1592      makes any expenditure from corporate funds for political purposes.
             1593          (b) "Corporation" does not mean:
             1594          (i) a business organization's political action committee as defined in Section
             1595      20A-11-101 or political issues committee as defined in Section 20A-11-101 ; or
             1596          (ii) a business entity organized as a partnership or a sole proprietorship.
             1597          (3) "Detailed listing" means:
             1598          (a) for each contribution:
             1599          (i) the name and address of the individual or source making the contribution, if known;
             1600          (ii) the amount or value of the contribution; and
             1601          (iii) the date the contribution was made; and
             1602          (b) for each expenditure:
             1603          (i) the amount of the expenditure;
             1604          (ii) the person or entity to whom it was disbursed;
             1605          (iii) the specific purpose, item, or service acquired by the expenditure; and
             1606          (iv) the date the expenditure was made.
             1607          (4) (a) "Expenditure" means:
             1608          (i) any disbursement from contributions or from the separate bank account required by


             1609      this chapter;
             1610          (ii) a purchase, payment, donation, distribution, loan, advance, deposit, gift of money,
             1611      or anything of value made for political purposes;
             1612          (iii) an express, legally enforceable contract, promise, or agreement to make any
             1613      purchase, payment, donation, distribution, loan, advance, deposit, gift of money, or anything of
             1614      value for political purposes;
             1615          (iv) compensation paid by a corporation or reporting entity for personal services
             1616      rendered by a person without charge to the judge or the judge's personal campaign committee;
             1617          (v) a transfer of funds between the judge's personal campaign committee and another
             1618      judge's personal campaign committee; or
             1619          (vi) goods or services provided by the judge's personal campaign committee to or for
             1620      the benefit of another judge for political purposes at less than fair market value.
             1621          (b) "Expenditure" does not include:
             1622          (i) services provided without compensation by individuals volunteering a portion or all
             1623      of their time on behalf of the judge or judge's personal campaign committee; or
             1624          (ii) money lent to a judge's personal campaign committee by a financial institution in
             1625      the ordinary course of business.
             1626          (5) "Individual" means a natural person.
             1627          (6) "Interim report" means a report identifying the contributions received and
             1628      expenditures made since the last report.
             1629          (7) "Personal campaign committee" means the committee appointed by a judge to act
             1630      for the judge as provided in this chapter.
             1631          (8) "Political purposes" means an act done with the intent or in a way to influence or
             1632      tend to influence, directly or indirectly, any person to refrain from voting or to vote for or
             1633      against any judge standing for retention at any election.
             1634          (9) "Reporting entity" means a judge, judge's personal campaign committee, candidate,
             1635      a candidate's personal campaign committee, an officeholder, and a party committee, a political
             1636      action committee, and a political issues committee.
             1637          (10) "Summary report" means the year-end report containing the summary of a
             1638      reporting entity's contributions and expenditures.
             1639          Section 27. Section 20A-12-303 is amended to read:


             1640           20A-12-303. Separate account for campaign funds -- Reporting contributions.
             1641          (1) The judge or the judge's personal campaign committee shall deposit each
             1642      contribution in one or more separate personal campaign accounts in a financial institution.
             1643          (2) The judge or the judge's personal campaign committee may not deposit or mingle
             1644      any contributions received into a personal or business account.
             1645          (3) (a) As used in this Subsection (3) and Section 20A-12-305 , "received" means:
             1646          (i) for a cash contribution, that the cash is given to a judge or the judge's personal
             1647      campaign committee;
             1648          (ii) for a contribution that is a negotiable instrument or check, that the negotiable
             1649      instrument or check is negotiated; and
             1650          (iii) for any other type of contribution, that any portion of the contribution's benefit
             1651      inures to the judge.
             1652          (b) The judge or the judge's personal campaign committee shall report to the lieutenant
             1653      governor each contribution within 30 days after the contribution is received.
             1654          (4) Within 30 days after receiving a cash contribution that exceeds S. [$100] [$25]
             1654a      $50 .S from an
             1655      unknown source, a judge or the judge's personal campaign committee shall disburse the amount
             1656      of the contribution to:
             1657          (a) the treasurer of the state or a political subdivision for deposit into the state's or
             1658      political subdivision's General Fund; or
             1659          (b) an organization that is exempt from federal income taxation under Section
             1660      501(c)(3), Internal Revenue Code.
             1661          Section 28. Section 20A-12-304 is amended to read:
             1662           20A-12-304. Judicial retention election candidates -- Financial reporting
             1663      requirements -- Year-end summary report.
             1664          (1) The judge's personal campaign committee shall file a summary report with the
             1665      lieutenant governor by January 10 of the year after the regular general election year.
             1666          (2) (a) Each summary report shall include the following information as of December 31
             1667      of the last regular general election year:
             1668          (i) a single figure equal to the total amount of contributions reported on the interim
             1669      report;
             1670          (ii) a single figure equal to the total amount of expenditures reported on the interim


             1671      report;
             1672          (iii) a detailed listing of each contribution received since the last summary report that
             1673      has not been reported in detail on the interim report;
             1674          (iv) for each nonmonetary contribution, the fair market value of the contribution;
             1675          (v) a detailed listing of each expenditure made since the last summary report that has
             1676      not been reported in detail on the interim report;
             1677          (vi) for each nonmonetary expenditure, the fair market value of the expenditure; and
             1678          (vii) the net balance for the year, consisting of all contributions minus all expenditures.
             1679          (b) (i) For all single contributions of [$50] S. [$100] [$25] $50 .S or less, an aggregate
             1679a      figure may be
             1680      reported without a separate detailed listing.
             1681          (ii) Two or more contributions from the same source for a total of more than [$50]
             1682      S. [$100] [$25] $50 .S may not be reported in the aggregate, but shall be reported in the detailed
             1682a      listing.
             1683          (c) A check or negotiable instrument received by a judge or the judge's personal
             1684      campaign committee on or before December 31 of the previous year shall be reported in the
             1685      summary report.
             1686          (3) The judge shall certify in the summary report that, to the best of the judge's
             1687      knowledge, all contributions and all expenditures have been reported as of December 31 of the
             1688      last regular general election year and that there are no financial obligations outstanding except
             1689      as set forth in the report.
             1690          Section 29. Section 20A-12-305 is amended to read:
             1691           20A-12-305. Judicial retention election candidates -- Financial reporting
             1692      requirements -- Interim report.
             1693          (1) The judge's personal campaign committee shall file an interim report with the
             1694      lieutenant governor before the close of regular office hours on the date seven days before the
             1695      regular general election date.
             1696          (2) Each interim report shall include the following information:
             1697          (a) a detailed listing of each contribution received since the last financial statement;
             1698          (b) for each nonmonetary contribution, the fair market value of the contribution;
             1699          (c) a detailed listing of each expenditure made since the last summary report;
             1700          (d) for each nonmonetary expenditure, the fair market value of the expenditure; and
             1701          (e) a net balance for the year consisting of all contributions since the last summary


             1702      report minus all expenditures since the last summary report.
             1703          (3) (a) For all individual contributions of [$50] S. [$100] [$25] $50 .S or less, a single
             1703a      aggregate figure
             1704      may be reported without separate detailed listings.
             1705          (b) Two or more contributions from the same source that have an aggregate total of
             1706      more than [$50] S. [$100] [$25] $50 .S may not be reported in the aggregate, but shall be
             1706a      reported separately.
             1707          (4) In preparing each interim report, all contributions and expenditures shall be
             1708      reported as of five days before the required filing date of the report.
             1709          (5) A negotiable instrument or check received by a judge or the judge's personal
             1710      campaign committee more than five days before the required filing date of a report required by
             1711      this section shall be included in the interim report.




Legislative Review Note
    as of 11-15-12 11:00 AM


Office of Legislative Research and General Counsel


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