GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 1995

S	1 

SENATE BILL 1125*

Short Title:  Gifts From Federal PAC.	(Public)

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Sponsors: Senators Gulley; Plexico and Winner.

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Referred to:  Judiciary II/Election Laws.

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May 14, 1996

A BILL TO BE ENTITLED
AN ACT TO CODIFY THE STATE BOARD OF ELECTIONS' RULING CONCERNING CONTRIBUTIONS TO STATE CAMPAIGNS BY FEDERAL COMMITTEES.
The General Assembly of North Carolina enacts:
Section 1.  Article 22A of Chapter 163 of the General Statutes is amended by adding a new section to read:
"§ 163-278.7A.  Gifts from federal political committees.
It shall be permissible for a federal candidate's committee or a Federal Political Action Committee, as defined by the Federal Election Campaign Act and regulations adopted pursuant thereto, to make contributions to a North Carolina political committee registered under this Article with the State Board of Elections or a county board of elections, provided that the contributing committee:
(1)	Is registered with the State Board of Elections consistent with the provisions of this Article;
(2)	Complies with reporting requirements specified by the State Board of Elections; and
(3)	Appoints an assistant or deputy treasurer who is a resident of North Carolina and stipulates to the State Board of Elections that the designated in-State resident assistant or deputy treasurer shall be authorized to produce whatever records reflecting political activity in North Carolina the State Board of Elections deems necessary."
Sec. 2.  This act is effective upon ratification.