§ 13-220.1. Administrative accounts  


Latest version.



  •    (a) In general. -- Each central committee of a political party or legislative party caucus committee may establish one administrative account.

    (b) Disbursements. -- Disbursements from an administrative account may be made only for nonelectoral purposes.

    (c) Donations to account. -- A donation to an administrative account:

       (1) may be made only if the donor is aware that the donation will be used for nonelectoral purposes and consents to that use before making the donation; and

       (2) is not subject to § 13-226(b) of this subtitle.

    (d) Prohibited transfers to account. -- A campaign finance entity may not make a transfer to an administrative account.

    (e) Regulations. -- The State Board shall adopt regulations that:

       (1) define permissible nonelectoral disbursements from an administrative account; and

       (2) require disclosure of:

          (i) donations to an administrative account; and

          (ii) disbursements from an administrative account.


HISTORY: 2013, ch. 419, § 3.