Kansas 2023-2024 Regular Session

Kansas House Bill HB2167 Latest Draft

Bill / Introduced Version Filed 01/25/2023

                            Session of 2023
HOUSE BILL No. 2167
By Committee on Elections
1-25
AN ACT concerning campaign finance; regulating the use of 
cryptocurrency; prohibiting the use of campaign funds for a candidate 
for federal office; amending K.S.A. 25-4153 and repealing the existing 
section.
Be it enacted by the Legislature of the State of Kansas:
Section 1. K.S.A. 25-4153 is hereby amended to read as follows: 25-
4153. (a) The aggregate amount contributed to a candidate and such 
candidate's candidate committee and to all party committees and political 
committees and dedicated to such candidate's campaign, by any political 
committee or any person except a party committee, the candidate or the 
candidate's spouse, shall not exceed the following:
(1) For the pair of offices of governor and lieutenant governor or for 
other state officers elected from the state as a whole, $2,000 for each 
primary election (or in lieu thereof a caucus or convention of a political 
party) and an equal amount for each general election.
(2) For the office of member of the house of representatives, district 
judge, district magistrate judge, district attorney or a candidate for local 
office, $500 for each primary election (or in lieu thereof a caucus or 
convention of a political party) and an equal amount for each general 
election.
(3) For the office of state senator or member of the state board of 
education, $1,000 for each primary election (or in lieu thereof a caucus or 
convention of a political party) and an equal amount for each general 
election.
(b) For the purposes of this section, the face value of a loan at the end 
of the period of time allocable to the primary or general election is the 
amount subject to the limitations of this section. A loan in excess of the 
limits herein provided may be made during the allocable period if such 
loan is reduced to the permissible level, when combined with all other 
contributions from the person making such loan, at the end of such 
allocable period.
(c) For the purposes of this section, all contributions made by 
unemancipated children under 18 years of age shall be considered to be 
contributions made by the parent or parents of such children. The total 
amount of such contribution shall be attributed to a single custodial parent 
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and 50% of such contribution to each of two parents.
(d) The aggregate amount contributed to a state party committee by a 
person other than a national party committee or a political committee shall 
not exceed $15,000 in each calendar year; and the aggregate amount 
contributed to any other party committee by a person other than a national 
party committee or a political committee shall not exceed $5,000 in each 
calendar year.
The aggregate amount contributed by a national party committee to a 
state party committee shall not exceed $25,000 in any calendar year, and 
the aggregate amount contributed to any other party committee by a 
national party committee shall not exceed $10,000 in any calendar year.
The aggregate amount contributed to a party committee by a political 
committee shall not exceed $5,000 in any calendar year.
(e) Any political funds which have been collected and were not 
subject to the reporting requirements of this act shall be deemed a person 
subject to these contribution limitations.
(f) (1) Any political funds which have been collected and were 
subject to the reporting requirements of the campaign finance act shall not 
be used in or for the campaign of a candidate for a federal elective office.
(2) Any political funds that have been collected by a candidate or 
candidate committee and were subject to the reporting requirements of the 
campaign finance act shall not be used in or for the campaign of a 
candidate for a federal elective office.
(g) The amount contributed by each individual party committee of the 
same political party other than a national party committee to any candidate 
for office, for any primary election at which two or more candidates are 
seeking the nomination of such party shall not exceed the following:
(1) For the pair of offices of governor and lieutenant governor and for 
each of the other state officers elected from the state as a whole, $2,000 for 
each primary election (or in lieu thereof a caucus or convention of a 
political party).
(2) For the office of member of the house of representatives, district 
judge, district magistrate judge, district attorney or a candidate for local 
office, $500 for each primary election (or in lieu thereof a caucus or 
convention of a political party).
(3) For the office of state senator or member of the state board of 
education, $1,000 for each primary election (or in lieu thereof a caucus or 
convention of a political party).
(h) When a candidate for a specific cycle does not run for office, the 
contribution limitations of this section shall apply as though the individual 
had sought office.
(i) No person shall make any contribution or contributions to any 
candidate or the candidate committee of any candidate in the form of 
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money or currency of the United States which in the aggregate exceeds 
$100 for any one primary or general election, and no candidate or 
candidate committee of any candidate shall accept any contribution or 
contributions in the form of money or currency of the United States which 
in the aggregate exceeds $100 from any one person for any one primary or 
general election.
(j) (1) No person shall make or accept any cryptocurrency 
contribution for any candidate or candidate committee that in the 
aggregate exceeds $100 for any one primary or general election from any 
one person. The value of a cryptocurrency contribution is the fair market 
value of the cryptocurrency at the time the payment processor obtains 
possession of the contribution;
(2) no person shall make or accept any cryptocurrency contribution 
for any political committee or party committee that in the aggregate 
exceeds $100 for any calendar year from any one person. The value of a 
cryptocurrency contribution is the fair market value of the cryptocurrency 
at the time the payment processor obtains possession of the contribution;
(3) a candidate, candidate committee, political committee or party 
committee shall immediately convert a cryptocurrency contribution to 
United States currency and deposit the proceeds into the campaign 
account. A campaign shall not make expenditures in the form of 
cryptocurrency nor hold cryptocurrency as a campaign asset;
(4) a candidate, candidate committee, political committee or party 
committee shall obtain the following information before accepting a 
cryptocurrency contribution:
(A) The contributor's full name;
(B) the contributor's physical address;
(C) an affirmation from the contributor that they are the owner of the 
cryptocurrency; and
(D) an affirmation from the contributor that they are not a foreign 
national;
(5) a campaign finance contribution in the form of cryptocurrency 
may only be accepted if the contribution is made and received through a 
United States-based cryptocurrency payment processor that utilizes 
procedures that enable the processor to form a reasonable belief that it 
knows the true identity of each contributor and collects the name and 
address of each contributor at the time the contribution is made and 
transmits this information to the committee; and
(6) when reporting a contribution of cryptocurrency on a campaign 
finance report, a treasurer shall report the amount and type of virtual 
currency received.
Sec. 2. K.S.A. 25-4153 is hereby repealed.
Sec. 3. This act shall take effect and be in force from and after its 
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publication in the statute book.1