A BILL TO BE ENTITLED
AN ACT to limit candidate and candidate committee donations to political parties to the general contribution limit.
The General Assembly of North Carolina enacts:
SECTION 1.  G.S. 163‑278.16B(a) reads as rewritten:
"(a)	A candidate or candidate campaign committee may use contributions only for the following purposes:
(1)	Expenditures resulting from the campaign for public office by the candidate or candidate's campaign committee.
(2)	Expenditures resulting from holding public office.
(3)	Contributions to an organization described in section 170(c) of the Internal Revenue Code of 1986 (26 U.S.C. § 170(c)), provided that the candidate or the candidate's spouse, children, parents, brothers, or sisters are not employed by the organization.
(4)	Contributions no more than four thousand dollars ($4,000) per election cycle to a national, State, district, or county committee of a political party or a caucus of a political party.
(5)	Contributions to another candidate or candidate's campaign committee.
(6)	To return all or a portion of a contribution to the contributor.
(7)	Payment of any penalties against the candidate or candidate's campaign committee for violation of this Article imposed by a board of elections or a court of competent jurisdiction.
(8)	Payment to the Escheat Fund established by Chapter 116B of the General Statutes."
SECTION 2.  This act becomes effective January 1, 2008.