Bill Summary for S 419 (2011-2012)

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Summary date: 

Mar 24 2011

Bill Information:

View NCGA Bill Details2011-2012 Session
Senate Bill 419 (Public) Filed Thursday, March 24, 2011
TO REPEAL THE AUTHORITY TO PROVIDE FOR PUBLIC FUNDING OF CAMPAIGNS IN NORTH CAROLINA AND TO MAKE OTHER CAMPAIGN FINANCE REFORMS.
Intro. by Davis.

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Bill summary

Repeals the following: (1) Article 22D of GS Chapter 163 (North Carolina Public Campaign Fund); (2) Article 22J of GS Chapter 163 (Voter-Owned Elections Act); and (3) GS 105-159.2 (Designation of Tax to North Carolina Public Campaign Fund). Makes conforming changes to GS 163-278.5 (scope of article; severability) deleting references to repealed Articles 22D and 22J of GS Chapter 163. Also deletes reference to Articles 22E (Electioneering Communications) and 22F (Mass Mailings and Telephone Banks: Electioneering Communications) of GS Chapter 163, which were previously repealed effective September 23, 2010. Directs that the monies in the NC Public Campaign Fund and in the North Carolina Voter-Owned Elections Fund revert to the General Fund.
Also makes conforming changes to GS 163-278.13 (Limitation on contributions) deleting provisions referencing repealed Articles 22D and 22J of GS Chapter 163. Amends GS 163-278.13 to prohibit an individual from making a contribution to any political party in excess of $250,000 for that election and prohibits any political party from accepting or soliciting any monetary or other contribution valued in excess of $250,000 from any individual for that election.
Effective July 1, 2011.