AN ACT relating to campaign finance. Amend KRS 121.180 to create a single threshold of $3,000 for campaign finance reports; require state executive committees that establish a building fund account to make quarterly reports; change the date for executive committees and caucus campaign committees to file reports from five days after the 30th day following a primary and regular election to January 31 and July 31; amend KRS 121.150 to increase anonymous and cash contribution limits to $100, and individual contribution limits to $2,000 as indexed for inflation; increase individual contribution limit to $5,000 per year to the state executive committee of a political party; allow contributions of $5,000 per year to subdivisions and affiliates of political parties; make those contribution limits not applicable to contributions to a state executive committee's building fund account; increase the contribution limit to caucus campaign committees to $5,000; allow married couples to make a contribution with one check that reflects the combined individual contribution limits of each individual spouse for all elections in a calendar year; amend KRS 121.230 to conform; create a new section of KRS Chapter 121 to allow the executive committees of political parties to establish building fund accounts and specify permissible and prohibited uses of funds; amend KRS 121.025 and 121.035 to specify that prohibitions on corporate contributions do not prevent a corporation from contributing to a state executive committee's political party building fund account; amend KRS 6.767 to add a definition for "accept" that specifies the time when a contribution is accepted.

It became law on Mar 27, 2017.

KY SB 75 · Senate Bill · 2017RS