Z-1560.1  _______________________________________________

                          HOUSE BILL 2742

          _______________________________________________

State of Washington      53rd Legislature     1994 Regular Session

By Representatives Peery, R. Fisher, Grant, Karahalios, Anderson, Wang, Wineberry, King, G. Fisher, Pruitt, Reams, Zellinsky, Campbell, Dunshee, R. Johnson, Lemmon, J. Kohl and Springer; by request of State Treasurer

Read first time 01/21/94.  Referred to Committee on State Government.

Limiting political contributions of municipal bond dealers.

    AN ACT Relating to municipal bond dealers; adding a new section to chapter 43.33 RCW; and prescribing penalties.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

NEW SECTION. Sec. 1.  A new section is added to chapter 43.33 RCW to read as follows:

    (1) No municipal bond dealer, its municipal finance professionals, or municipal bond dealer controlled political action committee may directly or indirectly pay or use, or offer, consent, or agree to pay or use any money or thing of value for or in aid of a candidacy for public office of a member of the state finance committee or a candidate for the office of governor, lieutenant governor, or state treasurer.

    (2) An individual who violates a provision of this section, or who participates in, aids, abets, advises, or consents to any such violation, or who solicits or knowingly receives money in violation of this section, is guilty of a gross misdemeanor.

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