Political Reform Act of 1974: travel expenditures.
Vote required
Two Thirds
Fiscal committee
No
Appropriation
No
Current location
In Floor Process
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Assembly
- Passed Senate
- To Governor
- Became Law
Overview
This bill expands the requirements for disclosing travel expenditures paid for by nonprofit organizations to elected state and local officials. Specifically, it requires these organizations to reveal the names of donors who contributed at least $1,000 and accompanied the official on the trip, as well as details about each travel payment and the official it was made for. The organization must also maintain detailed records of these expenses for at least five years.
Key provisions
- Requires nonprofits to disclose donor names who contributed $1,000 and accompanied officials on travel.
- Requires nonprofits to disclose details of each travel payment and the official it was made for.
- Mandates nonprofits maintain detailed records of travel expenditures for at least five years.
- Applies to nonprofits making travel expenditures exceeding $10,000 annually or $5,000 for a single official.
- Clarifies that gifts of travel do not include expenses paid from campaign funds.
- Addresses situations where a nonprofit acts as an intermediary or agent for a donor.
- Defines ‘nonprofit organization’ to include those exempt from taxation under Sections 501(c)(3) or 501(c)(4) of the Internal Revenue Code.
- Declares that the bill furthers the purposes of the Political Reform Act of 1974.
Who is affected
- Nonprofit organizations
- Elected state officials
Bill text
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Sponsors
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1 on record
Primary sponsor
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