Louisiana 2020 2020 Regular Session

Louisiana Senate Bill SB238 Engrossed / Bill

                    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.