Connecticut Seal

General Assembly

File No. 455

    February Session, 2018

Substitute House Bill No. 5523

House of Representatives, April 12, 2018

The Committee on Government Administration and Elections reported through REP. FOX of the 148th Dist., Chairperson of the Committee on the part of the House, that the substitute bill ought to pass.

AN ACT CONCERNING DEPOSITS OF CONTRIBUTIONS IN CANDIDATE COMMITTEES' DEPOSITORY ACCOUNTS.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

Section 1. Subsection (a) of section 9-606 of the general statutes is repealed and the following is substituted in lieu thereof (Effective from passage):

(a) (1) The treasurer of each committee shall be responsible for [(1)] (A) depositing, receiving and reporting all contributions and other funds in the manner specified in section 9-608, [(2)] except as provided in subdivision (2) of this subsection, (B) making and reporting expenditures, [(3)] (C) reporting expenses incurred but not yet paid, [(4)] (D) filing the statements required under section 9-608, and [(5)] (E) keeping internal records of each entry made on such statements. [The] Except as provided in subdivision (2) of this subsection, the treasurer of each committee shall deposit contributions in the committee's designated depository not later than twenty days after receiving them. The treasurer of each political committee or party committee [which] that makes a contribution of goods to another committee shall send written notice to the treasurer of the recipient committee before the close of the reporting period during which the contribution was made. The notice shall be signed by the treasurer of the committee making the contribution and shall include the full name of such committee, the date on which the contribution was made, a complete description of the contribution and the value of the contribution. Any dispute concerning the information contained in such notice shall be resolved by the treasurer of the recipient committee. Such resolution shall not impair in any way the authority of the State Elections Enforcement Commission under section 9-7b. The treasurer of the recipient committee shall preserve each such notice received for the period prescribed by subsection (f) of section 9-607.

(2) The candidate by whom a candidate committee has been designated, or for whom a candidate committee has been established, may deposit contributions in the candidate committee's designated depository, provided such candidate does so not later than twenty days after receiving such contributions.

This act shall take effect as follows and shall amend the following sections:

Section 1

from passage

9-606(a)

Statement of Legislative Commissioners:

In Subsec. (a)(1), "which" was changed to "[which] that" for proper grammar and in Subsec. (a)(2), the language was changed for consistency with the definition of "candidate committee" in Section 9-601(4) of the general statutes and with other provisions of the bill.

GAE

Joint Favorable Subst. -LCO

 

The following Fiscal Impact Statement and Bill Analysis are prepared for the benefit of the members of the General Assembly, solely for purposes of information, summarization and explanation and do not represent the intent of the General Assembly or either chamber thereof for any purpose. In general, fiscal impacts are based upon a variety of informational sources, including the analyst's professional knowledge. Whenever applicable, agency data is consulted as part of the analysis, however final products do not necessarily reflect an assessment from any specific department.


OFA Fiscal Note

State Impact: None

Municipal Impact: None

Explanation

The bill, which allows a candidate to deposit contributions into their candidate committee depository account, has no fiscal impact.

The Out Years

State Impact: None

Municipal Impact: None

OLR Bill Analysis

sHB 5523

AN ACT CONCERNING DEPOSITS OF CONTRIBUTIONS IN CANDIDATE COMMITTEES' DEPOSITORY ACCOUNTS.

SUMMARY

This bill permits statewide, legislative, or municipal office candidates for whom a candidate committee has been established, to deposit campaign contributions in the committee's depository account. Under current law, only the committee treasurer or deputy treasurer may deposit contributions in the account. The bill also requires, as currently applies to treasurers, the deposits to be made within 20 days after receiving the contributions.

Generally, by law, candidate committees must register with the State Elections Enforcement Commission or the applicable town clerk, depending on the office sought. Registration statements must designate a single depository institution in Connecticut in which contributions to the candidate committee will be deposited.

The bill also makes technical changes.

EFFECTIVE DATE: Upon passage

COMMITTEE ACTION

Government Administration and Elections Committee

Joint Favorable

Yea

12

Nay

5

(03/23/2018)

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