A BILL TO BE ENTITLED
AN ACT amending the campaign finance laws to raise the limit on merchandise sales for political parties.
The General Assembly of North Carolina enacts:
SECTION 1.  G.S. 163‑278.8A(b)(2) reads as rewritten:
"(b)	Exempt Purchase Price. – A purchase price for goods or services sold by a political party executive committee or affiliated party committee qualifies for the exemption provided in subsection (a) of this section as long as the sale of the goods or services adheres to a plan that the treasurer has submitted to and that has been approved in writing by the Executive Director of the State Board of Elections. The Executive Director shall approve the treasurer's plan upon and only upon finding that all the following requirements are satisfied:
…
(2)	That the total amount to be raised from sales under all plans by the committee does not exceed twenty thousand dollars ($20,000) per election cycle.
…."
SECTION 2.  This act is effective when it becomes law and applies to election cycles occurring on or after that date.