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03/28/2024 06:43 PM
Pennsylvania State Senate
https://www.legis.state.pa.us/cfdocs/Legis/CSM/showMemoPublic.cfm?chamber=S&SPick=20150&cosponId=19917
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Senate Co-Sponsorship Memoranda

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Senate of Pennsylvania
Session of 2015 - 2016 Regular Session

MEMORANDUM

Posted: March 22, 2016 12:21 PM
From: Senator Lawrence M. Farnese, Jr.
To: All Senate members
Subject: Transparency in Campaign Fund Transfers
 
In the near future, I will be introducing legislation that would require disclosure when campaign funds are moved from a campaign for one elected office to a campaign of the same individual for a different elected office.

Individuals and organizations often contribute money to one campaign, and those contributions are then used to fund a campaign for a different office without notice to the donor. I believe that candidates should be transparent about those transactions and give notice to their contributors if they intend to use their contribution for a different purpose.

My bill would require a candidate to notify donors within 30 days if campaign funds are transferred to a campaign for a different office. Once notice is given, contributors will have 30 days to withdraw their donation. The transfer must also be disclosed on a candidate’s next campaign finance report.

Please join me in co-sponsoring this important campaign finance reform measure.