Kentucky Statutes 121.220 – Primary campaign depository — Secondary depository — Deposits — Statements
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(1) Each candidate, slate of candidates, and each committee shall, before receiving any contributions or expending any money, designate one (1) primary campaign depository for the purpose of depositing all contributions received and disbursing all expenditures made by the candidate, slate of candidates, or committee. The candidate, slate of candidates, or committee may also designate one (1) secondary depository in each county in which an election is held and in which the candidate, slate of candidates, or committee participates. Deputy campaign treasurers may make expenditures from secondary depositories but only from moneys which first have been deposited in the primary campaign depository. Only a financial institution authorized to transact business in Kentucky may be designated as a campaign depository. The candidate, slate of candidates, or committee shall file the name and address of each primary and secondary depository so designated at the same time the candidate, slate of candidates, or committee files the name of his or its campaign treasurer.
(2) All funds received by the campaign treasurer or any deputy campaign treasurer of any candidate, slate of candidates, or committee shall be deposited in a campaign depository in an account designated “Campaign Fund of (name of candidate or committee).” For each deposit, the campaign treasurer or deputy campaign treasurer shall retain a statement showing the name and business address of the permanent committee, the amount contributed, and a description of the major business, social, or political interest represented by the permanent committee for each contribution of any amount made by a permanent committee, and the full name, address, employer of each other contributor or, if the contributor is self-employed, the name under which he is doing business, and occupation of each contributor of more than one hundred dollars ($100) and the amount contributed. Cash contributions shall be accompanied by the same receipt form.
Effective:April 14, 2022
History: Amended 2022 Ky. Acts ch. 208, sec. 7, effective April 14, 2022. — Amended 2005 Ky. Acts ch. 105, sec. 9, effective March 16, 2005. — Amended
1993 (1st Extra. Sess.) Ky. Acts ch. 4, sec. 61, effective November 3, 1993. — Amended 1992 Ky. Acts ch. 288, sec. 29, effective July 14, 1992. — Amended
1988 Ky. Acts ch. 341, sec. 47, effective July 15, 1988. — Amended 1986 Ky. Acts ch. 100, sec. 9, effective July 15, 1986. — Amended 1980 Ky. Acts ch. 292, sec. 10, effective July 15, 1980. — Amended 1978 Ky. Acts ch. 5, sec. 3, effective June 17, 1978. — Created 1974 Ky. Acts ch. 253, sec. 8.
(2) All funds received by the campaign treasurer or any deputy campaign treasurer of any candidate, slate of candidates, or committee shall be deposited in a campaign depository in an account designated “Campaign Fund of (name of candidate or committee).” For each deposit, the campaign treasurer or deputy campaign treasurer shall retain a statement showing the name and business address of the permanent committee, the amount contributed, and a description of the major business, social, or political interest represented by the permanent committee for each contribution of any amount made by a permanent committee, and the full name, address, employer of each other contributor or, if the contributor is self-employed, the name under which he is doing business, and occupation of each contributor of more than one hundred dollars ($100) and the amount contributed. Cash contributions shall be accompanied by the same receipt form.
Terms Used In Kentucky Statutes 121.220
- 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 - Contribution: means any:
(a) Payment, distribution, loan, deposit, or gift of money or other thing of value, to a candidate, his or her agent, a slate of candidates, its authorized agent, a committee, or contributing organization. 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
- Form: means an online Web page or an electronic document designed to capture, validate, and submit data for processing to the registry, unless the context otherwise prescribes. See Kentucky Statutes 121.015
- Permanent committee: which means a group of individuals, including an association, committee, or organization, other than a campaign committee, political issues committee, inaugural committee, caucus campaign committee, or party executive committee, which is established as, or intended to be, a permanent organization having as a primary purpose expressly advocating the election or defeat of one (1) or more clearly identified candidates, slates of candidates, or political parties, which functions on a regular basis throughout the year. 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
Effective:April 14, 2022
History: Amended 2022 Ky. Acts ch. 208, sec. 7, effective April 14, 2022. — Amended 2005 Ky. Acts ch. 105, sec. 9, effective March 16, 2005. — Amended
1993 (1st Extra. Sess.) Ky. Acts ch. 4, sec. 61, effective November 3, 1993. — Amended 1992 Ky. Acts ch. 288, sec. 29, effective July 14, 1992. — Amended
1988 Ky. Acts ch. 341, sec. 47, effective July 15, 1988. — Amended 1986 Ky. Acts ch. 100, sec. 9, effective July 15, 1986. — Amended 1980 Ky. Acts ch. 292, sec. 10, effective July 15, 1980. — Amended 1978 Ky. Acts ch. 5, sec. 3, effective June 17, 1978. — Created 1974 Ky. Acts ch. 253, sec. 8.