Virginia SB 488: Campaign contribution limits; civil penalty.

Status: Failed to report (defeated) in Privileges and Elections (6-Y 9-N) (as of 2020-01-21)

State: Virginia · Session: 2020 · Bill: SB 488

Sponsors: J. Chapman Petersen

Bill Text

Bill Tracking - 2020 session > Legislation 

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2020 SESSION

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20106697D 

SENATE BILL NO. 488 

AMENDMENT IN THE NATURE OF A SUBSTITUTE 

(Proposed by the Senate Committee on Privileges and Elections 

on January 21, 2020) 

(Patrons Prior to Substitute--Senators Petersen and Ebbin [SB 
889]) 

A BILL to amend the Code of Virginia by adding in Chapter 9.3 
of Title 24.2 an article numbered 3.1, consisting of sections numbered 
24.2-948.5 through 24.2-948.8, and by adding in Article 8 of Chapter 9.3 of 
Title 24.2 a section numbered 24.2-953.6, relating to campaign finance; 
campaign contribution limits; civil penalty. 

Be it enacted by the General Assembly of Virginia:

1. That the Code of Virginia is amended by adding in Chapter 
9.3 of Title 24.2 an article numbered 3.1, consisting of sections numbered 
24.2-948.5 through 24.2-948.8, and by adding in Article 8 of Chapter 9.3 of 
Title 24.2 a section numbered 24.2-953.6 as follows:

Article 3.1. 

Contribution Limits. 

� 24.2-948.5. Limits on contributions to candidates for 
statewide office and the General Assembly.

A. No person, campaign committee, or political committee 
shall contribute more than $20,000 to any one campaign committee of a candidate 
for Governor, Lieutenant Governor, Attorney General, or the General Assembly in 
any one candidate election cycle, as defined in � 24.2-947.

B. No candidate or campaign committee shall solicit or 
accept contributions in excess of the limits set forth in this section.

C. The limits set forth in this section shall not apply to 
contributions by (i) the candidate to his own campaign; (ii) the candidate's 
spouse, child, parent, or sibling to his campaign; and (iii) a political party 
committee to the candidate.

D. Any contribution or portion thereof that is returned to 
the contributor within 60 days after receipt shall not be deemed to be a 
contribution for the purposes of applying the limits set forth in this section.

� 24.2-948.6. Aggregation of contributions; prohibition on 
indirect contributions.

For purposes of applying the contribution limits set forth 
in � 24.2-948.5:

1. All direct or indirect contributions made by a person, 
campaign committee, or political committee to benefit a candidate, including 
any contributions that are knowingly earmarked or otherwise directed through 
any other person, campaign committee, or political committee, shall be deemed 
to be contributions from such person to such candidate.

2. All contributions made by a person, campaign committee, 
or political committee whose contribution or expenditure activity is financed, 
maintained, or controlled by any other person, campaign committee, or political 
committee, including a parent, subsidiary, branch, division, department, 
corporation, labor organization, or association, or local unit of such 
corporation, lab

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