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Pennsylvania State Senate
09/18/2024 09:03 AM
Pennsylvania State Senate
https://www.legis.state.pa.us/cfdocs/Legis/CSM/showMemoPublic.cfm?SPick=20230&chamber=S&cosponId=38621
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Senate Co-Sponsorship Memoranda

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Senate of Pennsylvania
Session of 2023 - 2024 Regular Session

MEMORANDUM

Posted: December 13, 2022 12:29 PM
From: Senator Jay Costa
To: All Senate members
Subject: Use of Political Action Committee Residual Funds
 
In the near future, I will be re-introducing Senate Bill 862 from last session to allow the residual funds of terminated political action committees (PAC's) to be donated to non-profit organizations.

Under current law, the Election Code requires that the funds remaining in the account of a terminated PAC can only be used for campaign expenses or distributed back to campaign donors. My legislation would provide a third opportunity by allowing for money to be donated to non-profit organizations.

The bill prohibits the donation of these funds to a non-profit organization that has an affiliation with the candidate or a PAC officer.

Senate Bill 862 passed the Senate State Government Committee unanimously in 2021.

Please join me in cosponsoring this legislation.  Previous co-sponsors include Senators Fontana, Santarsiero, Phillips-Hill, Schwank, Tartaglione, Comitta, Cappelletti, and Street.
 



Introduced as SB218


Memo Updated: December 13, 2022 12:30 PM