campaign finance; committee
transfers
HB 2512 changes campaign finance law with regard to committee transfers or contributions of monies to another campaign committee designated by the same candidate.
Arizona’s Clean Elections Act, enacted by the people of Arizona in November 1998, reduces the contribution limits for non-participating candidates for statewide and legislative office by 20 per cent. These limits to not apply to a candidate who is not subject to the Clean Elections Act (a candidate who is running for a non-statewide or non-legislative office).
Currently, a candidate’s campaign committee may transfer or contribute monies to another campaign committee designated by the same candidate subject contribution limits if designated for an election in the same year. Such a transfer or contribution is not subject to contribution limits if it is the transfer is made to a committee designated for a subsequent year.