Senate Bill No. 396
(By Senator Grubb)
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[Introduced February 16, 1995;
referred to the Committee on the Judiciary.]
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A BILL to amend and reenact article eight, chapter three of the
code of West Virginia, one thousand nine hundred thirty-one, as
amended, by adding thereto a new section, designated section
two-a, relating to the regulation and control of elections;
requiring that inaugural committees file detailed financial
statements with the office of the secretary of state concerning
the amount of contributions received and expenditures made for
certain inaugural events; providing a definition of inaugural
committee and inaugural event; and identifying the information an
inaugural committee is required to disclose in the detailed
financial statement.
Be it enacted by the Legislature of West Virginia:
That article eight, chapter three of the code of West
Virginia, one thousand nine hundred thirty-one, as amended, be amended by adding thereto a new section, designated section
two-a, to read as follows:
ARTICLE 8. REGULATION AND CONTROL OF ELECTIONS.
§3-8-2a. Detailed accounts and verified financial statements
for certain inaugural events.
(a) Any inaugural committee soliciting or receiving
contributions for the funding of all or any part of an inaugural
event for any person elected to any state public office that
expends in excess of one thousand dollars for any such event
shall file and retain detailed records of all contributions and
expenditures associated with each such event. All contributions
received and expenditures made by an inaugural committee are
subject to regulation under the provisions of this article.
(b) For purposes of this section:
(1) "inaugural committee" shall include any person,
organization, or group of persons soliciting or receiving
contributions for the purpose of funding an inaugural event for
an elected state official; and
(2)"inaugural event" means any event or events held
between the date of the general election for a state public
office and a date sixty days after the date of the general
election, whether the event is sponsored by the inaugural
committee or the state political party committee representing the party of the elected official and for which the elected official
is a prominent participant or for which solicitations of
contributions include the name of the elected official in
prominent display.
(c) Any inaugural committee, financial agent, or any person
or officer acting on behalf of such committee which is subject to
the provisions of this section shall file a verified financial
statement with the secretary of state on forms as prescribed by
the secretary of state within forty five days following the
event. The financial statement shall contain information that
conforms as nearly as practicable to that required in section
five-a of this article. The secretary of state shall file and
retain such statements as public records.
NOTE: The purpose of this bill is to require that inaugural
committees file detailed financial statements with the office of
the secretary of state concerning contributions and expenditures
made for each inaugural event.
Section two-a is new; therefore strike-throughs and
underscoring have been omitted.