2015 Montana Legislature

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HOUSE BILL NO. 502

INTRODUCED BY S. FITZPATRICK

 

A BILL FOR AN ACT ENTITLED: "AN ACT REVISING THE LIMITATIONS ON MONETARY CONTRIBUTIONS ALLOWED FROM ALL POLITICAL COMMITTEES TO CANDIDATES FOR THE STATE SENATE AND THE STATE HOUSE OF REPRESENTATIVES; REVISING THE CONSUMER PRICE INDEX ADJUSTMENT USED TO DETERMINE AN INFLATION FACTOR; AND AMENDING SECTION 13-37-218, MCA."

 

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

 

     Section 1.  Section 13-37-218, MCA, is amended to read:

     "13-37-218.  Limitations on receipts from political committees. A candidate for the state senate may receive no more than $2,150 $5,500 in total combined monetary contributions from all political committees contributing to the candidate's campaign, and a candidate for the state house of representatives may receive no more than $1,300 $3,300 in total combined monetary contributions from all political committees contributing to the candidate's campaign. The limitations in this section must be multiplied by an inflation factor, which is determined by dividing the consumer price index for June of the year prior to the year in which a general election is held by the consumer price index for June 2003 2015. The resulting figure must be rounded up or down to the nearest $50 increment. The commissioner shall publish the revised limitations as a rule. In-kind contributions must be included in computing these limitation totals. The limitation provided in this section does not apply to contributions made by a political party eligible for a primary election under 13-10-601."

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Latest Version of HB 502 (HB0502.01)
Processed for the Web on February 13, 2015 (6:46pm)

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