THE SENATE	S.B. NO.	2118
TWENTY-SEVENTH LEGISLATURE, 2014
STATE OF HAWAII

A BILL FOR AN ACT

relating to campaign spending.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

     SECTION 1.  Section 11-426, Hawaii Revised Statutes, is amended to read as follows:

     "[[]§11-426[]]  Candidate exceeds voluntary expenditure limit.  A candidate who files the affidavit agreeing to limit expenditures and who exceeds the expenditure limit for that election shall[:

(1) Notify] notify all opponents, the [chief election officer,] office of elections, and the commission by telephone and writing on the day the expenditure limit is exceeded[;] and

    [(2) Pay] pay the balance of the full filing fee[; and

(3) Provide reasonable notice to all contributors within thirty days of exceeding the limit that the expenditure limit was exceeded and contributions to the candidate no longer qualify for a state income tax deduction]."

     SECTION 2.  Section 11-424, Hawaii Revised Statutes, is repealed.

     ["[§11-424]  Tax deduction for qualifying contributions.  (a)  An individual resident of Hawaii may claim a state income tax deduction pursuant to section 235-7(g)(2), for contributions to a candidate who files an affidavit pursuant to section 11-423 and does not exceed the expenditure limit.  Canceled checks or copies of the same shall be considered adequate receipt forms to attach to the tax form to claim the credit.

(b)  The commission shall forward a certified copy of the affidavit to the director of taxation.

(c)  If a candidate has not filed the affidavit pursuant to section 11-423, the candidate shall inform all contributors in writing immediately upon receipt of the contribution that they are not entitled to a tax deduction for their contributions to the candidate.  The director of taxation shall not allow any contributor to take a deduction, pursuant to section 235-7(g)(2), for any contribution to a candidate for a statewide or county office who has not filed the affidavit pursuant to section 11-423."]

     SECTION 3.  Statutory material to be repealed is bracketed and stricken.  New statutory material is underscored.

     SECTION 4.  This Act shall take effect upon its approval.

INTRODUCED BY:	_____________________________
	BY REQUEST

Report Title:

Campaign Spending Commission Package; Expenditure Limits

Description:

Replaces chief election officer with office of elections in section 11-426, repeals references to a tax deduction in section 11-426 and all of section 11-424.

The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.