This bill amends K.S.A. 2025 Supp. 25-4190 to provide exceptions to the automatic termination of candidate campaign accounts. Specifically, it states that a campaign account will not be terminated if it holds more than $1,000 or has liabilities that total more than $1,000. This change allows candidates to maintain their campaign accounts under certain financial conditions, even if they are not running for office in the next election or have been defeated in a previous election.
Additionally, the bill repeals the existing section of K.S.A. 2025 Supp. 25-4190, which outlines the previous rules regarding the termination of campaign accounts. The new provisions aim to offer more flexibility for candidates in managing their campaign finances, ensuring that they can retain funds or manage debts without the immediate pressure of account termination. The act will take effect upon its publication in the statute book.
Statutes affected: As introduced: 25-4190