AB 446

Current law allows unlimited campaign contributions to certain entities, such

as political action committees, legislative campaign committees, and political

parties. This bill limits those contributions from any one person to $10,000 for each

such entity, except that the bill retains the unlimited contributions under current

law for contributions that a candidate makes to his or her candidate committee from

the candidate's personal funds.

Current law allows a political party or legislative campaign committee to

establish a segregated fund to use for general purposes, but not for making

contributions to a candidate committee or for making disbursements for express

advocacy. Persons other than a political action committee, corporation, cooperative,

labor organization, or tribe may make unlimited contributions to the segregated

fund. A political action committee, corporation, cooperative, labor organization, or

tribe may make a contribution to the fund in amounts not to exceed $12,000 in the

aggregate in a calendar year. The bill eliminates the provision allowing a political

party or legislative campaign committee to establish such a fund.