South Carolina General Assembly
114th Session, 2001-2002

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Bill 3965

Indicates Matter Stricken
Indicates New Matter

                    Current Status

Bill Number:                      3965
Type of Legislation:              General Bill GB
Introducing Body:                 House
Introduced Date:                  20010419
Primary Sponsor:                  W.D. Smith
All Sponsors:                     W.D. Smith
Drafted Document Number:          l:\council\bills\pt\1414dw01.doc
Residing Body:                    House
Current Committee:                Judiciary Committee 25 HJ
Subject:                          Ballot measure committee, not to 
                                  distribute unexpended campaign contributions 
                                  of candidate after election; Ethics


                        History

Body    Date      Action Description                     Com     Leg Involved
______  ________  ______________________________________ _______ ____________
House   20010419  Introduced, read first time,           25 HJ
                  referred to Committee


              Versions of This Bill
View additional legislative information at the LPITS web site.

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

A BILL

TO AMEND SECTION 8-13-1370, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE USE AND DISTRIBUTION OF UNEXPENDED CONTRIBUTIONS BY A CANDIDATE OR A COMMITTEE AFTER AN ELECTION, SO AS TO DELETE THE AUTHORITY OF A COMMITTEE TO DISTRIBUTE THESE CONTRIBUTIONS TO A POLITICAL PARTY OR ANOTHER COMMITTEE.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION    1.    Section 8-13-1370(C) of the 1976 Code, as added by Act 248 of 1991, is amended to read:

    "(C)    A committee required to file reports under this article which has an unexpended balance of funds upon final disbursement not otherwise obligated for expenditures incurred to further the committee's purposes must designate how the surplus funds are to be distributed. The surplus funds must be:

        (1)    contributed to the state's general fund;

        (2)    returned pro rata to all contributors;

        (3)    contributed to a political party or to another committee; (Reserved)

        (4)    contributed to an organization exempt from tax under Section 501(c)(3) of the Internal Revenue Code of 1986; or

        (5)    distributed using a combination of these options."

SECTION    2.    This act takes effect upon approval by the Governor.

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