Washington State House of Representatives Office of Program Research |
BILL ANALYSIS |
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State Government Committee |
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SB 5188
Brief Description: Providing an alternative manner of dispersing surplus political funds.
Sponsors: By Senator McCaslin.
Brief Summary of Bill
$Surplus funds of a candidate or a political committee may be donated to a school, school district, or educational service district.
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Hearing Date: 3/21/01
Staff: Jim Morishima (786‑7191).
Background:
After a campaign, the surplus funds of a candidate or a political committee supporting or opposing a candidate may be disposed of in several ways:
$The surplus may be returned to contributors in an amount not exceeding their original contributions;
$The surplus may be transferred to the candidate as reimbursement for lost earnings incurred as a result of the campaign.
$The surplus may be transferred to a political party or a caucus political committee;
$The surplus may be donated to a charity;
$The surplus may be given to the state;
$The surplus may be retained in a campaign depository for use in a future campaign; and
$The surplus may be retained in a separate account for non‑reimbursed public office‑related expenses.
Summary of Bill:
Surplus funds of a candidate or a political committee may be donated to a school, school district, or educational service district.
Rulemaking Authority: No express authority.
Appropriation: None.
Fiscal Note: Not Requested.
Effective Date: Ninety days after adjournment of session in which bill is passed.