HB 1187 2023 CODING: Words stricken are deletions; words underlined are additions. hb1187-00 Page 1 of 5 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S A bill to be entitled 1 An act relating to campaign finance; creating s. 2 106.38, F.S.; prohibiting a political committee from 3 transferring funds to another political committee; 4 amending s. 106.011, F.S.; revising the definition of 5 the term "contribution" to conform to changes made by 6 the act; amending s. 106.07, F.S.; conforming 7 provisions to changes made by the act; providing an 8 effective date. 9 10 Be It Enacted by the Legislature of t he State of Florida: 11 12 Section 1. Section 106.38, Florida Statutes, is created to 13 read: 14 106.38 Transfer of political committee funds. —A political 15 committee may not transfer funds to another political committee. 16 Section 2. Subsection (5) of section 106.011, Florida 17 Statutes, is amended to read: 18 106.011 Definitions. —As used in this chapter, the 19 following terms have the following meanings unless the context 20 clearly indicates otherwise: 21 (5) "Contribution" means: 22 (a) A gift, subscription, conveyan ce, deposit, loan, 23 payment, or distribution of money or anything of value, 24 including contributions in kind having an attributable monetary 25 HB 1187 2023 CODING: Words stricken are deletions; words underlined are additions. hb1187-00 Page 2 of 5 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S value in any form, made for the purpose of influencing the 26 results of an election or making an electioneering 27 communication. 28 (b) A transfer of funds between political committees, 29 between electioneering communications organizations or between 30 an electioneering communications organization and a political 31 committee, or between any combination of these groups . 32 (c) The payment, by a person other than a candidate or 33 political committee, of compensation for the personal services 34 of another person which are rendered to a candidate or political 35 committee without charge to the candidate or committee for such 36 services. 37 (d) The transfer of funds by a campaign treasurer or 38 deputy campaign treasurer between a primary depository and a 39 separate interest-bearing account or certificate of deposit, and 40 the term includes interest earned on such account or 41 certificate. 42 43 Notwithstanding the foregoing meanings of "contribution," the 44 term may not be construed to include services, including, but 45 not limited to, legal and accounting services, provided without 46 compensation by individuals volunteering a portion or all of 47 their time on behalf of a candidate or political committee or 48 editorial endorsements. 49 Section 3. Paragraph (a) of subsection (4) of section 50 HB 1187 2023 CODING: Words stricken are deletions; words underlined are additions. hb1187-00 Page 3 of 5 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S 106.07, Florida Statutes, is amended to read: 51 106.07 Reports; certification and filing. — 52 (4)(a) Except for daily reports, to which only the 53 contributions provisions below apply, and except as provided in 54 paragraph (b), each report required by this section must 55 contain: 56 1. The full name, address, and occupation, if any, of each 57 person who has made one or more contributions to or for such 58 committee or candidate within the reporting period, together 59 with the amount and date of such contributions. For 60 corporations, the report must provide as clear a description as 61 practicable of the principal type of business conducted by the 62 corporation. However, if the contribution is $100 or less or is 63 from a relative, as defined in s. 112.312, provided that the 64 relationship is reported, the occupation of the contributor or 65 the principal type of business need not be listed. 66 2. The name and address of each political committee from 67 which the reporting committee or the candidate received, or to 68 which the reporting committee or candidate made, any transfer of 69 funds, together with the amounts and dates of all transfers. 70 3. Each loan for campaign purposes to or from any person 71 or political committee within the reporting period, together 72 with the full names, addresses, and occupations, and principal 73 places of business, if any, of the lender and endorsers, if any, 74 and the date and amount of such loans. 75 HB 1187 2023 CODING: Words stricken are deletions; words underlined are additions. hb1187-00 Page 4 of 5 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S 4. A statement of each contribution, rebate, refund, or 76 other receipt not otherwise listed under subparagraphs 1. 77 through 3. 78 5. The total sums of all loans, in -kind contributions, and 79 other receipts by or for such committee or candidate during the 80 reporting period. The reporting forms must shall be designed to 81 elicit separate totals for in -kind contributions, loans, and 82 other receipts. 83 6. The full name and address of each person to whom 84 expenditures have been made by or on behalf of the committee or 85 candidate within the reporting period; the amount, date, and 86 purpose of each such expenditure; and the name and address of, 87 and office sought by, each candidate on whose behalf such 88 expenditure was made. However, expenditures made from the petty 89 cash fund provided by s. 106.12 need not be reported 90 individually. 91 7. The full name and address of each person to whom an 92 expenditure for personal services, salary, or reimbursement for 93 authorized expenses as provided in s. 106.021(3) has been made 94 and which is not othe rwise reported, including the amount, date, 95 and purpose of such expenditure. However, expenditures made from 96 the petty cash fund provided for in s. 106.12 need not be 97 reported individually. Receipts for reimbursement for authorized 98 expenditures must shall be retained by the treasurer along with 99 the records for the campaign account. 100 HB 1187 2023 CODING: Words stricken are deletions; words underlined are additions. hb1187-00 Page 5 of 5 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S 8. The total amount withdrawn and the total amount spent 101 for petty cash purposes pursuant to this chapter during the 102 reporting period. 103 9. The total sum of expenditures made b y such committee or 104 candidate during the reporting period. 105 10. The amount and nature of debts and obligations owed by 106 or to the committee or candidate, which relate to the conduct of 107 any political campaign. 108 11. Transaction information for each credit c ard purchase. 109 Receipts for each credit card purchase must shall be retained by 110 the treasurer with the records for the campaign account. 111 12. The amount and nature of any separate interest -bearing 112 accounts or certificates of deposit and identification of t he 113 financial institution in which such accounts or certificates of 114 deposit are located. 115 13. The primary purposes of an expenditure made indirectly 116 through a campaign treasurer pursuant to s. 106.021(3) for goods 117 and services such as communications media placement or 118 procurement services, campaign signs, insurance, and other 119 expenditures that include multiple components as part of the 120 expenditure. The primary purpose of an expenditure is shall be 121 that purpose, including integral and directly related 122 components, that comprises 80 percent of such expenditure. 123 Section 4. This act shall take effect July 1, 2023. 124