(3) (a) As used in this Subsection (3), "consumer price index" is as described in Section (1)(f)(4),
Internal Revenue Code, and defined in Section (1)(f)(5), Internal Revenue Code.
(b) Beginning on January 1, 2016, the lieutenant governor shall, on an annual basis, increase or decrease
the dollar amounts described in this section by a percentage equal to the percentage difference between
the consumer price index for the preceding calendar year and the consumer price index for calendar
year 2014, rounded to the nearest whole dollar.
3. Page
13, Line 390
:
390
cycle.
(3) (a) As used in this Subsection (3), "consumer price index" is as described in Section (1)(f)(4),
Internal Revenue Code, and defined in Section (1)(f)(5), Internal Revenue Code.
(b) Beginning on January 1, 2016, the lieutenant governor shall, on an annual basis, increase or decrease
the dollar amounts described in this section by a percentage equal to the percentage difference between
the consumer price index for the preceding calendar year and the consumer price index for calendar
year 2014, rounded to the nearest whole dollar.
4. Page
14, Line 407
:
407
contribution cycle.
(4) (a) As used in this Subsection (4), "consumer price index" is as described in Section (1)(f)(4),
Internal Revenue Code, and defined in Section (1)(f)(5), Internal Revenue Code.
(b) Beginning on January 1, 2016, the lieutenant governor shall, on an annual basis, increase or decrease
the dollar amounts described in this section by a percentage equal to the percentage difference between
the consumer price index for the preceding calendar year and the consumer price index for calendar
year 2014, rounded to the nearest whole dollar.
5. Page
14, Line 423
:
423
cycle.
(3) (a) As used in this Subsection (3), "consumer price index" is as described in Section (1)(f)(4),
Internal Revenue Code, and defined in Section (1)(f)(5), Internal Revenue Code.
(b) Beginning on January 1, 2016, the lieutenant governor shall, on an annual basis, increase or decrease
the dollar amounts described in this section by a percentage equal to the percentage difference between
the consumer price index for the preceding calendar year and the consumer price index for calendar
year 2014, rounded to the nearest whole dollar.
6. Page
14, Line 429 through Page 15, Line 436
:
429
Section 8.
Section
20A-11-1704
is enacted to read:
430
20A-11-1704. Penalty for contributions in excess of limit.
431
(1) A person that makes a contribution in excess of the contribution limits established
432
in Section
20A-11-604
,
20A-11-705
,
20A-11-1504
,
20A-11-1702
, or
20A-11-1703
is guilty of
433
a class
{
A
}
B
misdemeanor.
434
(2) A person that accepts a contribution in excess of the contribution limits established
435
in Section
20A-11-604
,
20A-11-705
,
20A-11-1504
,
20A-11-1702
, or
20A-11-1703
is guilty of
436
a class
{
A
}
B
misdemeanor.
Page 1 of 2
LRGC
tomvaughn
tomvaughn