Bill Text: CT SB00455 | 2014 | General Assembly | Comm Sub
Bill Title: An Act Concerning The Citizens' Election Fund.
Spectrum: Bipartisan Bill
Status: (Passed) 2014-06-03 - Signed by the Governor [SB00455 Detail]
Download: Connecticut-2014-SB00455-Comm_Sub.html
General Assembly |
Raised Bill No. 455 | ||
February Session, 2014 |
LCO No. 2418 | ||
*_____SB00455GAE___032814____* | |||
Referred to Committee on GOVERNMENT ADMINISTRATION AND ELECTIONS |
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Introduced by: |
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(GAE) |
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AN ACT CONCERNING THE CITIZENS' ELECTION FUND.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
Section 1. Section 9-750 of the general statutes is repealed and the following is substituted in lieu thereof (Effective from passage and applicable to primaries and elections held on or after such date):
If, for the fiscal year ending June 30, 2006, or any fiscal year thereafter, the amount of funds available under section 3-69a for deposit in the Citizens' Election Fund established in section 9-701 is less than the amount of funds required under said section 3-69a to be deposited in said fund, or if during the election cycle the amount of funds in the Citizens' Election Fund is less than the amount of funds required to provide grants to each qualified candidate committee pursuant to section 9-705, a portion of the revenues from the tax imposed under chapter 208, equal to the difference between said amounts, shall be deposited in said fund to allow for payment of grants in accordance with the provisions of chapter 157.
Sec. 2. Section 9-716 of the general statutes is repealed and the following is substituted in lieu thereof (Effective from passage and applicable to primaries and elections held on or after such date):
(a) Not later than June 1, 2007, and annually thereafter, the State Elections Enforcement Commission shall issue a report on the status of the Citizens' Election Fund during the previous calendar year. Such report shall include the amount of moneys deposited in the fund, the sources of moneys received by category, the number of contributions, the number of contributors, the amount of moneys expended by category, the recipients of moneys distributed from the fund and an accounting of the costs incurred by the commission in administering the provisions of this chapter.
(b) Not later than January first in any year in which a state election is to be held, the commission shall determine whether the amount of moneys in the fund is sufficient to carry out the purposes of this chapter. [If the commission determines that such amount is not sufficient to carry out such purposes, the commission shall, not later than three days after such later determination, (1) determine the percentage of the fund's obligations that can be met for such election, (2) recalculate the amount of each payment that each qualified candidate committee is entitled to receive under section 9-706 by multiplying such percentage by the amount that such committee would have been entitled to receive under this chapter, if there were a sufficient amount of moneys in the fund, and (3) notify each such committee of such insufficiency, percentage and applicable recalculation. After a qualified candidate committee under section 9-706 first receives any such recalculated payment, the committee may resume accepting contributions, which shall not be subject to the restrictions on qualifying contributions under section 9-704, and making expenditures from such contributions, up to the highest amount of expenditures made by an opposing nonparticipating candidate in the same primary campaign or general election campaign.] The commission shall [also] issue a report on said determination.
(c) The commission shall establish a reserve account in the fund. The first twenty-five thousand dollars deposited in the fund during any year shall be placed in said account. The commission shall use moneys in the reserve account only during the seven days preceding a primary or an election for payments [to candidates whose payments were reduced under subsection (b) of this section] if the fund is insufficient.
This act shall take effect as follows and shall amend the following sections: | ||
Section 1 |
from passage and applicable to primaries and elections held on or after such date |
9-750 |
Sec. 2 |
from passage and applicable to primaries and elections held on or after such date |
9-716 |
GAE |
Joint Favorable |