Bill Summaries: H869 (2015-2016 Session)

Tracking:
  • Summary date: Apr 17 2015 - View summary

    Adds new GS 163-278.16C to Part 1 of Article 22A of GS Chapter 163 to require that a candidate refund campaign contributions at a donor's request when the candidate changes political party affiliation during the term for which the candidate was elected. Requires that the candidate's campaign funds be frozen during the time period from when the donor requests the refund for the reason stated in this act until such time as all refund requests have been refunded. Provides that any contributions to a candidate's campaign made subsequent to a refund request under this act must first be used to satisfy all refund requests under this act before any contributions may be used for expenditures.

    Effective October 1, 2015, and applies to reports due on or after that date.