SLS 23RS-277 REENGROSSED 2023 Regular Session SENATE BILL NO. 184 BY SENATORS PEACOCK AND AL LAIN Prefiled pursuant to Article III, Section 2(A)(4)(b)(i) of the Constitution of Louisiana. CAMPAIGN FINANCE. Provides for repayment of personal contributions or loans. (8/1/23) 1 AN ACT 2 To amend and reenact R.S. 18:1505.2(T), relative to campaign contributions; to provide for 3 repayment of personal contributions or loans; and to provide for related matters. 4 Be it enacted by the Legislature of Louisiana: 5 Section 1. R.S. 18:1505.2(T) is hereby amended and reenacted to read as follows: 6 ยง1505.2. Contributions; expenditures; certain prohibitions and limitations 7 * * * 8 T.(1) Notwithstanding the provisions of Subsections H and I of this Section, 9 any loans Notwithstanding any provision of law to the contrary, loans a candidate 10 makes to his own campaign, as provided for in this Section, may be repaid from any 11 campaign funds contributions received in connection with an a election in which the 12 candidate qualified for a public office. 13 (2) The provisions of this Subsection shall apply only to those candidates 14 who have terminated their public service as an elected official for at least one year 15 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. 184 SLS 23RS-277 REENGROSSED The original instrument and the following digest, which constitutes no part of the legislative instrument, were prepared by Matt DeVille. DIGEST SB 184 Reengrossed 2023 Regular Session Peacock Present law provides that any loans made by a candidate to his own campaign may be repaid from campaign funds received in connection with an election in which the candidate qualified for a public office. Proposed law provides that notwithstanding any other provision of law any loans made by a candidate to his own campaign may be repaid from any campaign contributions received. Effective August 1, 2023. (Amends R.S. 18:1505.2(T)) Summary of Amendments Adopted by Senate Committee Amendments Proposed by Senate Committee on Senate and Governmental Affairs to the original bill 1. Remove the requirement that campaign contributions used by a candidate to repay a loan to his own campaign be received in connection with a subsequent election. Senate Floor Amendments to engrossed bill 1. Clarify that the proposed law applies notwithstanding any other legal provisions. Page 2 of 2 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions.