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HB 1234 clarify that certain political contributions to...

        
AN ACT

        ENTITLED, An Act to  clarify that certain political contributions to ballot question committees from association dues and funds are permitted.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
     Section  1.  That § 12-25-2 be amended to read as follows:
     12-25-2.   No candidate, candidate's committee, political action committee, or political party committee may receive any contribution except from an individual, political action committee, or a political party. No corporation may contribute or attempt to contribute any valuable consideration to any candidate, committee, or political party except a ballot question committee. No association may contribute or attempt to contribute any valuable consideration to any candidate, committee, or political party except a ballot question committee.
     Associations may create political action committees which may accept contributions from individuals for the purpose of making political contributions.
     A violation of this section is a Class 2 misdemeanor.
     Section  2.  That § 12-25-1 be amended by adding thereto a NEW SUBDIVISION to read as follows:
     "Association," a corporate or noncorporate group that has been expressly organized to satisfy the common intents and purposes of its members.
An Act to clarify that certain political contributions to ballot question committees from association dues and funds are permitted.

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I certify that the attached Act originated in the

HOUSE as Bill No. 1234

____________________________
Chief Clerk
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____________________________
Speaker of the House

Attest:

____________________________
Chief Clerk

____________________________
President of the Senate

Attest:

____________________________
Secretary of the Senate

House Bill No. 1234
File No. ____
Chapter No. ______     =========================
Received at this Executive Office this _____ day of _____________ ,

20____ at ____________ M.


By _________________________
for the Governor
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The attached Act is hereby approved this ________ day of ______________ , A.D., 20___

____________________________
Governor
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STATE OF SOUTH DAKOTA,
ss.
Office of the Secretary of State

Filed ____________ , 20___
at _________ o'clock __ M.

____________________________
Secretary of State

By _________________________
Asst. Secretary of State