Florida Senate - 2016 SB 892 By Senator Soto 14-01099-16 2016892__ 1 A bill to be entitled 2 An act relating to campaign financing reports; 3 amending s. 106.07, F.S.; revising reporting 4 requirements with respect to the purpose of 5 expenditures made by or on behalf of a political 6 committee; providing an effective date. 7 8 Be It Enacted by the Legislature of the State of Florida: 9 10 Section 1. Paragraph (a) of subsection (4) of section 11 106.07, Florida Statutes, is amended to read: 12 106.07 Reports; certification and filing.— 13 (4)(a) Except for daily reports, to which only the 14 contributions provisions below apply, and except as provided in 15 paragraph (b), each report required by this section must 16 contain: 17 1. The full name, address, and occupation, if any, of each 18 person who has made one or more contributions to or for such 19 committee or candidate within the reporting period, together 20 with the amount and date of such contributions. For 21 corporations, the report must provide as clear a description as 22 practicable of the principal type of business conducted by the 23 corporation. However, if the contribution is $100 or less or is 24 from a relative, as defined in s. 112.312, provided that the 25 relationship is reported, the occupation of the contributor or 26 the principal type of business need not be listed. 27 2. The name and address of each political committee from 28 which the reporting committee or the candidate received, or to 29 which the reporting committee or candidate made, any transfer of 30 funds, together with the amounts and dates of all transfers. 31 3. Each loan for campaign purposes to or from any person or 32 political committee within the reporting period, together with 33 the full names, addresses, and occupations, and principal places 34 of business, if any, of the lender and endorsers, if any, and 35 the date and amount of such loans. 36 4. A statement of each contribution, rebate, refund, or 37 other receipt not otherwise listed under subparagraphs 1. 38 through 3. 39 5. The total sums of all loans, in-kind contributions, and 40 other receipts by or for such committee or candidate during the 41 reporting period. The reporting forms shall be designed to 42 elicit separate totals for in-kind contributions, loans, and 43 other receipts. 44 6. The full name and address of each person to whom 45 expenditures have been made by or on behalf of the committee or 46 candidate within the reporting period; the amount, date, and 47 purpose of each such expenditure; and the name and address of, 48 and office sought by, each candidate on whose behalf such 49 expenditure was made. The purpose of each expenditure made by or 50 on behalf of a committee must specify the name of the candidate, 51 issue, or position that the expenditure is intended to support 52 or oppose and whether the expenditure is in support of or 53 opposition to the candidate, issue, or position.
However,54 Expenditures made from the petty cash fund provided by s. 106.12 55 need not be reported individually. 56 7. The full name and address of each person to whom an 57 expenditure for personal services, salary, or reimbursement for 58 authorized expenses as provided in s. 106.021(3) has been made 59 and which is not otherwise reported, including the amount, date, 60 and purpose of such expenditure. However, expenditures made from 61 the petty cash fund provided for in s. 106.12 need not be 62 reported individually. Receipts for reimbursement for authorized 63 expenditures shall be retained by the treasurer along with the 64 records for the campaign account. 65 8. The total amount withdrawn and the total amount spent 66 for petty cash purposes pursuant to this chapter during the 67 reporting period. 68 9. The total sum of expenditures made by such committee or 69 candidate during the reporting period. 70 10. The amount and nature of debts and obligations owed by 71 or to the committee or candidate, which relate to the conduct of 72 any political campaign. 73 11. Transaction information for each credit card purchase. 74 Receipts for each credit card purchase shall be retained by the 75 treasurer with the records for the campaign account. 76 12. The amount and nature of any separate interest-bearing 77 accounts or certificates of deposit and identification of the 78 financial institution in which such accounts or certificates of 79 deposit are located. 80 13. The primary purposes of an expenditure made indirectly 81 through a campaign treasurer pursuant to s. 106.021(3) for goods 82 and services such as communications media placement or 83 procurement services, campaign signs, insurance, and other 84 expenditures that include multiple components as part of the 85 expenditure. The primary purpose of an expenditure shall be that 86 purpose, including integral and directly related components, 87 that comprises 80 percent of such expenditure. 88 Section 2. This act shall take effect July 1, 2016.