Senate Bill sb1656c1

    Florida Senate - 2001                           CS for SB 1656

    By the Committee on Ethics and Elections; and Senator Smith





    313-1920-01

  1                      A bill to be entitled

  2         An act relating to campaign finance; creating

  3         s. 106.115, F.S.; requiring persons to maintain

  4         records and to file disclosure of certain

  5         political expenditures in which a candidate is

  6         named or depicted; providing penalties;

  7         providing an effective date.

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  9  Be It Enacted by the Legislature of the State of Florida:

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11         Section 1.  Section 106.115, Florida Statutes, is

12  created to read:

13         106.115  Certain disclosures required.--

14         (1)  Each person that makes an expenditure during the

15  60 days before any election for the purchase of a political

16  advertisement that names or depicts a candidate for office in

17  that election, whether in print or in a broadcast medium, must

18  disclose the source of the funds expended, the amount

19  expended, and the recipient of the funds. If the person is a

20  candidate or political committee required to appoint a

21  campaign treasurer, the campaign treasurer is responsible for

22  maintaining the records necessary to comply with this section

23  and for filing the disclosure. If the person is a natural

24  person who is not a candidate, he or she is responsible for

25  maintaining the records necessary to comply with this section

26  and for filing the disclosure. If the person is an

27  organization of any sort other than a political committee, it

28  must designate an individual responsible for maintaining the

29  records necessary to comply with this section and for filing

30  the disclosure. Disclosure under this section must be filed 10

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    Florida Senate - 2001                           CS for SB 1656
    313-1920-01




  1  days before the election with the officer before whom the

  2  candidate named or depicted is required by law to qualify.

  3         (2)  Failure to file a disclosure required by this

  4  section is subject to the same penalties as failure to file a

  5  report required by s. 106.07.

  6         Section 2.  This act shall take effect October 1, 2001.

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  8          STATEMENT OF SUBSTANTIAL CHANGES CONTAINED IN
                       COMMITTEE SUBSTITUTE FOR
  9                             SB 1656

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11  The Committee Substitute for Senate Bill 1656 differs in the
    original bill in that it:  Provides that a person sponsoring a
12  political ad in print or broadcast medium within 60 days
    before an election, that names or depicts a candidate for
13  office for that election, must report the source, amount and
    recipient of the funds.  The report must be made no later than
14  10 days before the election, and must be filed with the
    qualifying officer of the candidate depicted in the ad.
15  Failure to do so results in civil fines.

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