SF 2256 — A bill for an act relating to campaign finance, including electronic filing requirements for statements and reports filed with the ethics and campaign disclosure board and disclosure requirements for contributions made to candidates or committees. (Formerly SSB 3111.) Effective 7-1-18.

Senate File 2256 - IntroducedEnrolled SENATESenate FILEFile 2256 BYAN COMMITTEEACT ONRELATING STATETO GOVERNMENTCAMPAIGN (SUCCESSORFINANCE, TOINCLUDING SSBELECTRONIC 3111)FILING AREQUIREMENTS BILL FOR AnSTATEMENTS ActAND relatingREPORTS toFILED campaignWITH finance,THE includingETHICS electronicAND filingCAMPAIGN requirementsDISCLOSURE forBOARD statementsAND andDISCLOSURE reportsREQUIREMENTS filedFOR withCONTRIBUTIONS theMADE ethicsTO andCANDIDATES campaignOR disclosureCOMMITTEES. board and disclosure requirements for contributions made to candidates or committees.

TLSBSection 5314SV1. (3) 87 ss/jh S.F.

2256 Section 1.

A state statutory political committee, a county statutory political committee, a political committee expressly advocating for or against the nomination, election, or defeat of a candidate for statewide office or the general assembly, and a candidate’s committee of a candidate for statewide office or the general assembly shall file all statements and reports in anSenate electronicFile format2256, byp. 4:30 p.m.

2 an electronic format by 4:30 p.m.

Effective January 1, 2016, any other candidate or LSBpolitical 5314SVcommittee (3)not 87described -1-in ss/jhparagraphs 1/4“a” S.F.and “b” shall file all statements and reports in an electronic format by 4:30 p.m.

2256 political committee not described in paragraphs “a” and “b” shall file all statements and reports in an electronic format by 4:30 p.m.

For purposes of this section, “physically received”Senate meansFile the2256, reportp. is either electronically filed using the board’s electronic filing system or is received by the board prior to 4:30 p.m.

3 received” means the report is either electronically filed using the board’s electronic filing system or is received by the board prior to 4:30 p.m.

LSBSec. 5314SV (3) 87 -2- ss/jh 2/4 S.F.

2256 Sec.

A contribution or expenditure made by one person which is ultimately reimbursed by another person who has not been identified as the ultimate source or recipient of the funds is considered to be an illegal contribution or expenditure in the name of another.another .

No candidate or committee shall knowinglySenate receiveFile funds2256, fromp. a contributor who has borrowed the money without listing the original source of said money.

EXPLANATION4 Theknowingly inclusionreceive offunds thisfrom explanationa doescontributor notwho constitutehas agreementborrowed with the explanation’smoney substancewithout bylisting the membersoriginal source of thesaid generalmoney. assembly.

This______________________________ bill______________________________ makesCHARLES changesSCHNEIDER relatedLINDA toUPMEYER campaignPresident finance,of includingthe electronicSenate filingSpeaker requirementsof forthe statementsHouse andI reportshereby filedcertify withthat thethis Iowabill ethicsoriginated andin campaignthe disclosureSenate LSBand 5314SVis (3)known 87as -3-Senate ss/jhFile 3/42256, S.F.Eighty-seventh General Assembly.

2256______________________________ boardW. (board) and disclosure requirements for contributions made to candidates or committees.

TheCHARLES billSMITHSON makesSecretary technicalof changesthe toSenate provisionsApproved requiring_______________, state2018 statutory______________________________ politicalKIM committees,REYNOLDS countyGovernor statutory political committees, political committees, and candidate’s committees to file all statements and reports with the board in an electronic format.

Since January 1, 2016, all candidates and committees have been required to file statements and reports in an electronic format.

The bill also requires a person making a contribution in excess of $25 to provide the person’s name and address to the candidate or committee receiving the contribution.

The bill classifies as an illegal contribution any contribution or expenditure made by a person not using the person’s legal surname and any contribution or expenditure made by a person who borrowed the money from another person if the original source of the money is not disclosed.

LSB 5314SV (3) 87 -4- ss/jh 4/4