1 | 1 | | LRB-4549/1 |
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2 | 2 | | JK:cjs |
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3 | 3 | | 2023 - 2024 LEGISLATURE |
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4 | 4 | | 2023 SENATE BILL 603 |
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5 | 5 | | October 30, 2023 - Introduced by Senators LARSON, CARPENTER, L. JOHNSON, |
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6 | 6 | | HESSELBEIN and SPREITZER, cosponsored by Representatives J. ANDERSON, |
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7 | 7 | | SNODGRASS, C. ANDERSON, ANDRACA, BALDEH, BARE, BILLINGS, CABRERA, |
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8 | 8 | | CONLEY, DRAKE, EMERSON, JACOBSON, JOERS, MOORE OMOKUNDE, OHNSTAD, |
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9 | 9 | | PALMERI, SHELTON, SINICKI and SUBECK. Referred to Committee on Shared |
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10 | 10 | | Revenue, Elections and Consumer Protection. |
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11 | 11 | | AN ACT to create 11.0101 (25) (a) 3. of the statutes; relating to: the definition |
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12 | 12 | | of political action committee for campaign finance purposes. |
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13 | 13 | | Analysis by the Legislative Reference Bureau |
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14 | 14 | | Under this bill, for campaign finance purposes, a political action committee |
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15 | 15 | | includes a person, other than an individual, that spends more than $1,000 in a |
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16 | 16 | | 12-month period on expenditures for express advocacy, expenditures made to |
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17 | 17 | | support or defeat a referendum, and contributions made to a candidate committee, |
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18 | 18 | | legislative campaign committee, or political party. |
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19 | 19 | | Current law provides that a political action committee is a person, other than |
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20 | 20 | | an individual, that either has express advocacy as its major purpose or spends more |
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21 | 21 | | than 50 percent of its total spending in a 12-month period on expenditures for |
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22 | 22 | | express advocacy, expenditures made to support or defeat a referendum, and |
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23 | 23 | | contributions made to a candidate committee, legislative campaign committee, or |
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24 | 24 | | political party. |
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25 | 25 | | The people of the state of Wisconsin, represented in senate and assembly, do |
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26 | 26 | | enact as follows: |
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27 | 27 | | SECTION 1. 11.0101 (25) (a) 3. of the statutes is created to read: |
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28 | 28 | | 11.0101 (25) (a) 3. It spends more than $1,000 in a 12-month period on |
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29 | 29 | | expenditures for express advocacy, expenditures made to support or defeat a |
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34 | 34 | | 5 - 2 -2023 - 2024 Legislature LRB-4549/1 |
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35 | 35 | | JK:cjs |
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36 | 36 | | SECTION 1 SENATE BILL 603 |
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37 | 37 | | referendum, and contributions made to a candidate committee, legislative campaign |
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38 | 38 | | committee, or political party. In this subdivision, spending does not include a |
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39 | 39 | | committee's fundraising or administrative expenses. |
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40 | 40 | | (END) |
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