Dissolution of candidate committee required, when — disbursement of moneys, limitations — definitions.

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Effective - 28 Aug 2016

105.465. Dissolution of candidate committee required, when — disbursement of moneys, limitations — definitions. — 1. Any person who registers as a lobbyist shall dissolve his or her candidate committee. In the course of dissolving such committee, such person shall not disburse moneys from such committee, except for the purpose of:

(1) Returning a contribution made to the candidate committee to the entity responsible for making the contribution to the committee;

(2) Donating moneys to a nonprofit entity qualified as exempt from federal taxation under Section 501(c)(3) of the Internal Revenue Code of 1986, as amended; or

(3) Transferring moneys to a political party committee.

2. For purposes of this section, the term "lobbyist" shall have the same meaning given to such term under section 105.470, and the terms "committee", "candidate committee", "contribution", and "political party committee" shall have the same meanings given to such terms under section 130.011.

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(L. 2016 H.B. 2203)


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