SB 166

Abstract

Campaign finance; disbursement of surplus funds;prohibited conversion to personal use. Amends the current lawsregarding the disbursement of surplus funds at the dissolution ofa campaign or political committee so that such restrictions wouldapply throughout the life of a campaign or political committee. Suchrestrictions include the prohibition against the conversion of anymoney, securities, or like intangible personal property that hasbeen contributed to a campaign or political committee to the personaluse of any person.