76th OREGON LEGISLATIVE ASSEMBLY--2011 Regular Session

NOTE:  Matter within  { +  braces and plus signs + } in an
amended section is new. Matter within  { -  braces and minus
signs - } is existing law to be omitted. New sections are within
 { +  braces and plus signs + } .

LC 2790

                         Senate Bill 919

Sponsored by COMMITTEE ON RULES

                             SUMMARY

The following summary is not prepared by the sponsors of the
measure and is not a part of the body thereof subject to
consideration by the Legislative Assembly. It is an editor's
brief statement of the essential features of the measure as
introduced.

  Modifies campaign finance reporting requirements for
expenditures made by agent of petition committee.

                        A BILL FOR AN ACT
Relating to expenditures made by an agent of a petition
  committee; creating new provisions; and amending ORS 260.083.
Be It Enacted by the People of the State of Oregon:
  SECTION 1. ORS 260.083 is amended to read:
  260.083. (1) A statement filed under ORS 260.057, 260.076 or
260.118 shall list:
  (a) Except as provided in ORS 260.085, for a contribution:
  (A) The name, occupation and address of each person, and the
name and address of each political committee or petition
committee, that contributed an aggregate amount of more than $100
in a calendar year on behalf of a candidate or to a political
committee or petition committee and the total amount contributed
by that person or committee; and
  (B) The total amount of other contributions as a single item,
but shall specify how those contributions were obtained.
  (b) For an expenditure:
  (A) The amount and purpose of each expenditure made in an
aggregate amount of more than $100 to a payee, the name or, if
applicable, the business name of the payee of the expenditure,
and the city, or county if the payee is not located in a city,
and state in which the payee is located; and
  (B) The total amount of other expenditures as a single item.
  (c) Each loan, whether repaid or not, made by or to the
candidate, political committee or petition committee. The
statement shall list:
  (A) The name and address of each person shown as a cosigner or
guarantor on a loan and the amount of the obligation undertaken
by each cosigner or guarantor;
  (B) The name of the lender holding the loan; and
  (C) The terms of the loan, including the interest rate and
repayment schedule.
  (2)(a) A contribution shall be reported as an account
receivable only if the contribution is not received within the
time specified in ORS 260.057, 260.076 or 260.118.
  (b) An expenditure shall be reported as an account payable only
if the expenditure is not paid within the time specified in ORS
260.057, 260.076 or 260.118.
  (3) Anything of value paid for or contributed by any person
shall be listed as both an in-kind contribution and an
expenditure by the candidate or committee for whose benefit the
payment or contribution was made.
  (4) If a candidate, political committee or petition committee
under ORS 260.057 or 260.118 makes an expenditure that must be
reported as an in-kind contribution and an expenditure as
provided in subsection (3) of this section, the candidate,
political committee or petition committee making the original
expenditure shall, in any statement filed under ORS 260.057 or
260.118, identify the expenditure as an in-kind contribution and
identify the candidate, political committee or petition committee
for whose benefit the expenditure was made.
  (5) If a political committee makes an expenditure that
qualifies as an independent expenditure under ORS 260.005 (10),
the listing of the expenditure under this section shall identify
any candidates or measures that are the subject of the
independent expenditure and state whether the independent
expenditure was used to advocate the election, passage or defeat
of the candidates or measures.
   { +  (6) Expenditures made by an agent of a petition committee
on behalf of the petition committee shall be reported in the same
manner as if the expenditures had been made by the petition
committee. + }
    { - (6) - }  { +  (7) + } As used in this section:
  (a) 'Address' has the meaning given that term in rules adopted
by the Secretary of State.
  (b) 'Contribution' and 'expenditure' include a contribution or
expenditure to or on behalf of an initiative, referendum or
recall petition.
  SECTION 2.  { + The amendments to ORS 260.083 by section 1 of
this 2011 Act apply to expenditures made on or after January 1,
2012. + }
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