A BILL TO BE ENTITLED
AN ACT to require a candidate to refund campaign contributions at the request of a donor when a candidate changes political party affiliation during the term for which the candidate was elected.
The General Assembly of North Carolina enacts:
SECTION 1.  Part 1 of Article 22A of Chapter 163 of the General Statutes is amended by adding a new section to read:
"§ 163‑278.16C.  Refund of contributions when candidate changes political party affiliation during the term for which the candidate was elected.
Notwithstanding any other provision of law to the contrary, if a candidate changes political party affiliation during the term for which the candidate was elected, the candidate shall, upon the request of a donor, refund all contributions to a donor who made contributions to the candidate during a previous election cycle. All of the candidate's campaign funds shall be frozen during the time period a donor has requested a refund of the donor's contribution and until all requests have been refunded. Any subsequent contributions made to a candidate's campaign shall first be used to satisfy all refund requests made pursuant to this section before any contributions may be used for expenditures."
SECTION 2.  This act becomes effective October 1, 2015, and applies to reports due on or after that date.