SESSION OF 2023
SUPPLEMENTAL NOTE ON HOUSE BILL NO. 2167
As Amended by House Committee on Elections
Brief*
HB 2167, as amended, would prohibit the use of
cryptocurrency for campaign contributions and would amend
law to prohibit a candidate or candidate committee from using
campaign contributions subject to reporting requirements
under the Campaign Finance Act in or for the campaign of a
candidate for federal office.
[Note: Current law prohibits any campaign funds from
being used for the campaign of a candidate for federal office.]
Background
The bill was introduced by the House Committee on
Elections at the request of Representative Waggoner on
behalf of the Governmental Ethics Commission.
House Committee on Elections
In the House Committee hearing, proponent testimony
was provided by the Executive Director of the Governmental
Ethics Commission, who stated the bill would regulate
campaign finance contributions in the form of cryptocurrency
and create an exception to a broader prohibition involving
parties and political action committees supporting federal
candidates.
No other testimony was provided.
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*Supplemental notes are prepared by the Legislative Research
Department and do not express legislative intent. The supplemental
note and fiscal note for this bill may be accessed on the Internet at
http://www.kslegislature.org The House Committee amended the bill to prohibit
campaign finance contributions in the form of cryptocurrency.
[Note: As introduced, the bill would have regulated the use of
cryptocurrency contributions and limited cryptocurrency
contributions to $100.]
Fiscal Information
According to the fiscal note prepared by the Division of
the Budget on the bill, as introduced, the Secretary of State
indicates that the office would use existing resources to make
changes to its campaign finance filing system. The
Governmental Ethics Commission indicates it could have
additional costs related to opinion publishing; however, the
fiscal effect would be negligible. Any fiscal effect associated
with the bill is not reflected in The FY 2024 Governor’s
Budget Report.
Campaign finance; cryptocurrency; campaign contributions; candidate for federal
office; Campaign Finance Act; Kansas Governmental Ethics Commission
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