Referred to the Senate Government Operations & State Security Committee on January 21, 2015
Substitute offered in the Senate on February 18, 2015
Provides that a political committee may not make a credit
card expenditure unless the committee maintains the credit card statement and records related
to payment of the statement in its books of account. If a candidate makes an out-of-pocket
expense by credit card for campaign expenses and is not reimbursed by the candidate's
authorized committee within 21 days, the candidate is considered to have made a loan to the
committee. A third party's payment of a candidate's credit card balance incurred for
campaign expenditures is treated as an in-kind contribution to the candidate.
Referred to the Senate Rules Committee on February 19, 2015