Bill Text: CA SB423 | 2019-2020 | Regular Session | Introduced

California Senate Bill 423 (Prior Session Legislation)

NOTE: There are more recent revisions of this legislation. Read Latest Draft

Bill Title: November 3, 2020, statewide general election.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Passed) 2020-08-06 - Chaptered by Secretary of State. Chapter 31, Statutes of 2020. [SB423 Detail]

Download: California-2019-SB423-Introduced.html

CALIFORNIA LEGISLATURE— 2019–2020 REGULAR SESSION

Senate Bill

No. 423

Introduced by Senator Umberg

February 21, 2019

An act to add Section 84109 to the Government Code, relating to the Political Reform Act of 1974.

LEGISLATIVE COUNSEL'S DIGEST

SB 423, as introduced, Umberg. Political Reform Act of 1974: committee accounts.

The Political Reform Act of 1974 provides for the comprehensive regulation of campaign financing, including requiring the reporting of campaign contributions and expenditures and imposing other reporting and recordkeeping requirements on campaign committees.

The act requires a candidate committee to establish one campaign contribution account at an office of a financial institution located in the state and generally requires all candidate contributions to be made to the account and all candidate expenditures to be made from the account.

This bill would impose a similar requirement on non-candidate committees that qualify as a committee under the act by receiving contributions totaling $2,000 or more in a calendar year.

A violation of the act’s provisions is punishable as a misdemeanor. By expanding the scope of a crime, this bill would impose a state-mandated local program.

The California Constitution requires the state to reimburse local agencies and school districts for certain costs mandated by the state. Statutory provisions establish procedures for making that reimbursement.

This bill would provide that no reimbursement is required by this act for a specified reason.

The Political Reform Act of 1974, an initiative measure, provides that the Legislature may amend the act to further the act’s purposes upon a ²/₃ vote of each house of the Legislature and compliance with specified procedural requirements.

This bill would declare that it furthers the purposes of the act.

Vote: 2/3 Appropriation: NO Fiscal Committee: YES Local Program: YES

The people of the State of California do enact as follows:

SECTION 1.

Section 84109 is added to the Government Code, to read:

84109.

(a) Within 10 days of qualification as a committee under subdivision (a) of Section 82013, the committee shall establish one campaign contribution account for the committee at an office of a financial institution located in the state.

(b) As required by subdivision (f) of Section 84102, the committee shall set forth the name and address of the financial institution where the committee has established a campaign contribution account and the account number on the committee statement of organization filed pursuant to Sections 84101 and 84103.

(c) All contributions or loans made to the committee or to a person on behalf of the committee shall be deposited in the account.

(d) All campaign expenditures by the committee shall be made from the account.

(e) This section does not apply to candidate committees that are subject to Section 85201.

SEC. 2.

No reimbursement is required by this act pursuant to Section 6 of Article XIII B of the California Constitution because the only costs that may be incurred by a local agency or school district will be incurred because this act creates a new crime or infraction, eliminates a crime or infraction, or changes the penalty for a crime or infraction, within the meaning of Section 17556 of the Government Code, or changes the definition of a crime within the meaning of Section 6 of Article XIII B of the California Constitution.

SEC. 3.

The Legislature finds and declares that this bill furthers the purposes of the Political Reform Act of 1974 within the meaning of subdivision (a) of Section 81012 of the Government Code.