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Bill 3706

Indicates Matter Stricken
Indicates New Matter

Indicates Matter Stricken

Indicates New Matter

COMMITTEE AMENDMENT ADOPTED

May 6, 2010

H. 3706

S. Printed 5/6/10--S.

Read the first time April 28, 2009.

TO AMEND SECTION 8-13-1348, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE USE OF CAMPAIGN FUNDS FOR PERSONAL EXPENSES, SO AS TO AUTHORIZE A DEBIT CARD DRAWN UPON THE CAMPAIGN ACCOUNT MAY BE USED ON EXPENDITURES MORE THAN TWENTY-FIVE DOLLARS IN ADDITION TO A WRITTEN INSTRUMENT.

Amend Title To Conform

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

SECTION    1.    Section 8-13-1348(C) of the 1976 Code, as added by Act 248 of 1991, is amended to read:

"(C)(1)    An expenditure of more than twenty-five dollars drawn upon a campaign account must be made by:

        (a)    bya written instrument drawn upon the campaign account containing the name of the candidate or committee; and the name of the recipient

(b)    debit card; or

(c)    online transfers.

    The campaign account must contain the name of the candidate or committee, and the expenditure must contain the name of the recipient. These expenditures must be reported pursuant to the provisions of Section 8-13-1308.

(2)    Expenditures of twenty-five dollars or less that are not made by a written instrument, debit card, or online transfer containing the name of the candidate or committee and the name of the recipient must be accounted for by a written receipt or written record."

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

This web page was last updated on May 6, 2010 at 4:48 PM