SB 989 Requires committees to refund campaign contributions in some instances
Sponsor: Bray
LR Number: 4895S.01I Fiscal Note:
Committee: Financial & Governmental Organizations and Elections
Last Action: 2/7/2006 - Second Read and Referred S Financial & Governmental Organizations and Elections Committee Journal Page: S181
Title: Calendar Position:
Effective Date: August 28, 2006

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Current Bill Summary

SB 989 - If a candidate runs for a specific office and a committee receives contributions up to the limits prescribed for that office and the candidate subsequently runs for an office with lower limits, all committees must refund the contributions to the respective donors so as not to exceed the limits set forth for the office for which the candidate ultimately runs.