GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 1993

H	1 

HOUSE BILL 942

Short Title:  Follow the Money in Elections.	(Public)
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Sponsors: Representatives Gamble; and Joye.
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Referred to:  Judiciary I.
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April 14, 1993

A BILL TO BE ENTITLED
AN ACT TO AMEND THE CAMPAIGN REPORTING ACT TO REQUIRE DISCLOSURE OF FINANCIAL RECORDS OF NONPARTISAN AND BIPARTISAN FUNCTIONS FOR OR BY ELECTED OFFICIALS.
The General Assembly of North Carolina enacts:
Section 1.  G.S. 163-278.36 reads as rewritten:
"§ 163-278.36.  Nonpartisan or bipartisan fund raisers, elected officials to report funds.
(a)	All contributions to, and all expenditures from any:
(1)	'Partisan function';
(2)	'Nonpartisan function';
(3)	'Bipartisan function';
(4)	'Booster fund';
(5)	'Support fund';
(6)	'Unofficial office account';  or
(7)	Any other similar source
which are made to, in behalf of, or used in support of any person holding an elective office for either:
(1)	Any political purpose whatsoever; or
(2)	The purpose of honoring that person in any manner
during his term of office shall be deemed contributions and expenditures as defined in this Article and shall be reported as contributions and expenditures as required by this Article.
(b)	An organizational report for any fund or function for which contributions or expenditures are required to be reported under this section shall be due no later than 10 days following the date on which any activity for the fund or function commences.  Thereafter, the treasurer shall maintain detailed accounts of monies as required by G.S. 163-278.8 and file the required reports consistent with G.S. 163-278.9 and G.S. 163-278.11.  In the case of a single function, the treasurer shall submit a final report that contains a record of each contributor, the amount and date contributed, and an itemized list of expenditures.
(c)	If there are funds remaining after the payment of all legitimate expenses of the fund or function, those remaining funds may be expended only in a manner approved by the State Board of Elections.
(d)	This section does not make lawful any contribution or expenditure which is unlawful under this Article or Article 22 of this Chapter."
Sec. 2.  This act applies to contributions received or expenditures made on or after September 1, 1993.