OLR Bill Analysis

HB 6290

AN ACT CONCERNING DONATIONS MADE FROM JOINT CHECKING ACCOUNTS.

SUMMARY:

The law generally requires campaign treasurers to attribute campaign contributions from a joint checking account to the individual who signs the check. This bill creates an exception to the law.

Under the bill, joint checking account holders may submit a check signed by one account holder that includes a donation from each individual on the account, provided the account holders submit a written statement indicating how to allocate the contribution.

By law, unchanged by the bill, if more than one account holder signs the check, treasurers must divide it equally among them, unless they submit a written statement indicating how to allocate the contribution differently.

EFFECTIVE DATE: Upon passage

COMMITTEE ACTION

Government Administration and Elections Committee

Joint Favorable

Yea

14

Nay

0

(04/05/2013)