HB365 Alabama 2021 Session

Summary

Primary Sponsor

Andrew Sorrell Auditor

Republican

Session

Regular Session 2021

Title

Campaign debt, require reporting of if contributions accepted to pay off, Secs. 17-5-2, 17-5-7, 17-5-8, 17-5-9 am'd.

Description

Under existing law, a candidate, public official, or principal campaign committee may accept, solicit, or receive campaign contributions for a period of 120 days following an election for the purpose of paying down campaign debt.

This bill would require a candidate, public official, or principal campaign committee who accepts, solicits, or receives campaign contributions during the 120-day period after the election in order to pay down campaign debt to report the campaign debt to the appropriate filing official and would prohibit a candidate from accepting contributions that exceed the amount reported.

This bill would create the Campaign Debt Clarification Act.

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Subjects

Campaign Finances