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 • • • Virginia General Assembly • LIS Home • LIS Help • Privacy Statement • Live Help • LIS Classic • Login SEARCH SITE QUICK LINKS - - - - - - - - - - - - - - Log in LIS Home General Assembly Home - - - - - - - - - - - - - - Session Tracking: Bills & Resolutions Members Committees Meetings Calendars Communications House Minutes Senate Minutes Statistics Lobbyist-in-a-Box Personal lists - - - - - - - - - - - - - - Search: Code of Virginia Administrative Code Bills & Resolutions Summaries OTHER SESSIONS - - - - - - - - - - - - - - 2023 Session 2022 Session 2022 Special Session I 2021 Session 2021 Special Session I 2021 Special Session II 2020 Session 2020 Special Session I 2019 Session 2019 Special Session I 2018 Session 2018 Special Session I 2018 Special Session II 2017 Session 2016 Session 2015 Session 2015 Special Session I 2014 Session 2014 Special Session I 2013 Session 2013 Special Session I 2012 Session 2012 Special Session I 2011 Session 2011 Special Session I 2010 Session 2009 Session 2009 Special Session I 2008 Session 2008 Special Session I 2008 Special Session II 2007 Session 2006 Session 2006 Special Session I 2005 Session 2004 Session 2004 Special Session I 2004 Special Session II 2003 Session 2002 Session 2001 Session 2001 Special Session I 2000 Session 1999 Session 1998 Session 1998 Special Session I 1997 Session 1996 Session 1995 Session 1994 Session 1994 Special Session I 1994 Special Session II VIRGINIA LAW PORTAL • Code of Virginia • Virginia Administrative Code • Constitution of Virginia • Charters • Authorities • Compacts • Uncodified Acts • RIS Users (account required) SEARCHABLE DATABASES • Bills & Resolutions session legislation • Bill Summaries session summaries • Reports to the General Assembly House and Senate documents • Legislative Liaisons State agency contactsACROSS SESSIONS • Subject Index: Since 1995 • Bills & Resolutions: Since 1994 • Summaries: Since 1994 Developed and maintained by the Division of Legislative Automated Systems. 2020 SESSION • history | hilite | pdf | print version 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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