Kentucky Statutes 121.172 – State political party building fund account — Permitted and prohibited expenditures — Exclusive designation of contributions — Information provided to potential contributors — Separate bank account required — Reports …
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(1) A state executive committee of a political party may establish a building fund account. The registry shall promulgate administrative regulations, in accordance with KRS Chapter 13A, necessary to implement this section.
(2) A building fund account established under this section may be used for expenditures related to the purchase, construction, maintenance, renovation, and repair of the state executive committee’s main headquarters facility. Permissible expenditures from a building fund account shall be limited to payments for or purchases of:
(a) Land;
(b) Leases and property taxes; (c) Appliances and fixtures;
(d) Utilities, pest control, lawn care, security, and trash removal;
(e) Equipment for Internet, telephone, cable or satellite television, or other communications services;
(f) Building construction, expansion, or renovation;
(g) Major and minor repairs to the state executive committee’s main headquarters facility, including but not limited to the facility’s roof, foundation, and structure, and to the facility’s plumbing, HVAC, and electrical systems; and
(h) The services of contractors, subcontractors, and other building design or construction professionals related to the state executive committee’s main headquarters facility.
(3) A building fund account established under this section shall not be used to advocate for or against the election or defeat of a clearly identified candidate or a ballot measure or for issue advocacy.
(4) Prohibited expenditures from a building fund account include:
(a) Money or in-kind contributions to a federal, state, or local candidate or slate of candidates;
(b) Money or in-kind contributions to a state or local committee; and
(c) Money or in-kind contributions to advocate for or against the election or defeat of a clearly identified candidate or a ballot measure or for issue advocacy.
(5) Contributions solicited and accepted by a state executive committee for a building fund account established under this section shall be designated as being exclusively for the state executive committee’s building fund account.
(6) The state executive committee shall advise all potential contributors to a building fund account established under this section that funds contributed will be used exclusively for the building fund account and will not be used to advocate for or against the election or defeat of a clearly identified candidate or a ballot measure or
for issue advocacy.
(7) For any building fund account established under this section, a state executive committee shall establish a separate bank account into which all contributions shall be deposited, and no other contributions shall be commingled with building fund account contributions.
(8) A state executive committee shall report all contributions to and expenditures from a building fund account to the Registry of Election Finance on a quarterly basis, as required by KRS § 121.180.
Effective: June 29, 2017
History: Created 2017 Ky. Acts ch. 122, sec. 4, effective June 29, 2017.
(2) A building fund account established under this section may be used for expenditures related to the purchase, construction, maintenance, renovation, and repair of the state executive committee’s main headquarters facility. Permissible expenditures from a building fund account shall be limited to payments for or purchases of:
Terms Used In Kentucky Statutes 121.172
- Candidate: means any person who has received contributions or made expenditures, has appointed a campaign treasurer, or has given his or her consent for any other person to receive contributions or make expenditures with a view to bringing about his or her nomination or election to public office, except federal office. See Kentucky Statutes 121.015
- Committee: includes the following:
(a) "Campaign committee" which means one (1) or more persons who receive contributions and make expenditures to support or oppose one (1) or more specific candidates or slates of candidates for nomination or election to any state, county, city, or district office, but does not include an entity established solely by a candidate which is managed solely by a candidate and a campaign treasurer and whose name is generic in nature, such as "Friends of (the candidate)" and does not reflect that other persons have structured themselves as a committee, designated officers of the committee, and assigned responsibilities and duties to each officer with the purpose of managing a campaign to support or oppose a candidate in an election. See Kentucky Statutes 121.015 - Election: means any primary, regular, or special election to fill vacancies regardless of whether a candidate or slate of candidates is opposed or unopposed in an election. See Kentucky Statutes 121.015
- Federal: refers to the United States. See Kentucky Statutes 446.010
- Registry: means the Kentucky Registry of Election Finance. See Kentucky Statutes 121.015
- Slate of candidates: means :
(a) Between the time a certificate or petition of nomination has been filed for a candidate for the office of Governor under KRS §. See Kentucky Statutes 121.015 - State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
(a) Land;
(b) Leases and property taxes; (c) Appliances and fixtures;
(d) Utilities, pest control, lawn care, security, and trash removal;
(e) Equipment for Internet, telephone, cable or satellite television, or other communications services;
(f) Building construction, expansion, or renovation;
(g) Major and minor repairs to the state executive committee’s main headquarters facility, including but not limited to the facility’s roof, foundation, and structure, and to the facility’s plumbing, HVAC, and electrical systems; and
(h) The services of contractors, subcontractors, and other building design or construction professionals related to the state executive committee’s main headquarters facility.
(3) A building fund account established under this section shall not be used to advocate for or against the election or defeat of a clearly identified candidate or a ballot measure or for issue advocacy.
(4) Prohibited expenditures from a building fund account include:
(a) Money or in-kind contributions to a federal, state, or local candidate or slate of candidates;
(b) Money or in-kind contributions to a state or local committee; and
(c) Money or in-kind contributions to advocate for or against the election or defeat of a clearly identified candidate or a ballot measure or for issue advocacy.
(5) Contributions solicited and accepted by a state executive committee for a building fund account established under this section shall be designated as being exclusively for the state executive committee’s building fund account.
(6) The state executive committee shall advise all potential contributors to a building fund account established under this section that funds contributed will be used exclusively for the building fund account and will not be used to advocate for or against the election or defeat of a clearly identified candidate or a ballot measure or
for issue advocacy.
(7) For any building fund account established under this section, a state executive committee shall establish a separate bank account into which all contributions shall be deposited, and no other contributions shall be commingled with building fund account contributions.
(8) A state executive committee shall report all contributions to and expenditures from a building fund account to the Registry of Election Finance on a quarterly basis, as required by KRS § 121.180.
Effective: June 29, 2017
History: Created 2017 Ky. Acts ch. 122, sec. 4, effective June 29, 2017.