SLS 20RS-31 ENGROSSED 2020 Regular Session SENATE BILL NO. 238 BY SENATOR ALLAIN CAMPAIGN FINANCE. Provides for repayment of personal contributions or loans. (8/1/20) 1 AN ACT 2 To enact R.S. 18:1505.2(T), relative to campaign contributions; to provide for repayment of 3 personal contributions or loans; to provide for an effective date; and to provide for 4 related matters. 5 Be it enacted by the Legislature of Louisiana: 6 Section 1. R.S. 18:1505.2(T) is hereby enacted to read as follows: 7 ยง1505.2. Contributions; expenditures; certain prohibitions and limitations 8 * * * 9 T.(1) Notwithstanding the provisions of Subsections (H) and (I) of this 10 Section, any contributions or loans a candidate makes to his own campaign, as 11 provided for in this Section, may be repaid from any existing campaign 12 contributions, loans, or funds. 13 (2) The provisions of this Section shall apply only to those candidates 14 who have terminated their public service as an elected official for at least one 15 year from the date of their last day in office. Page 1 of 2 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. SB NO. 238 SLS 20RS-31 ENGROSSED The original instrument and the following digest, which constitutes no part of the legislative instrument, were prepared by James Benton. DIGEST SB 238 Engrossed 2020 Regular Session Allain Present law provides for campaign contributions and expenditures. Proposed law retains present law but provides for repayment of contributions and loans from existing campaign contributions, loans, or funds. Effective August 1, 2020. (Adds R.S. 18:1505.2(T)) Page 2 of 2 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions.