SB1002
Campaign finance; prohibited personal use of campaign funds, etc.
Summary
As Introduced. Campaign finance; prohibited personal use of campaign funds; complaints, hearings, civil penalty, and advisory opinions.
Prohibits any person from converting contributions to a candidate or his campaign committee for personal use. Current law only prohibits such conversion of contributions with regard to disbursement of surplus funds at the dissolution of a campaign or political committee. The bill provides that a contribution is considered to have ... (More) been converted to personal use if the contribution, in whole or in part, is used to fulfill any commitment, obligation, or expense that would exist irrespective of the person's seeking, holding, or maintaining public office but allows a contribution to be used for the ordinary and accepted expenses related to campaigning for or holding elective office, including the use of campaign funds to pay for the candidate's dependent care expenses that are incurred as a direct result of campaign activity. The bill provides that any person subject to the personal use ban may request an advisory opinion from the State Board of Elections on such matters. The foregoing provisions of the bill have a delayed effective date of July 1, 2026. The bill directs the State Board of Elections to adopt emergency regulations similar to those promulgated by the Federal Election Commission to implement the provisions of the bill and to publish an updated summary of Virginia campaign finance law that reflects the State Board of Elections' and Attorney General's guidance on the provisions of such law that prohibit the personal use of campaign funds and any new regulations promulgated by the State Board of Elections. This bill is identical to HB 2165. (Less)-
Bill History
- 01/07/2025 - Senate: Prefiled and ordered printed; Offered 01-08-2025 25104176D
- 01/07/2025 - Senate: Referred to Committee on Privileges and Elections
- 01/10/2025 - Senate: Impact statement from VCSC (SB1002)
- 01/28/2025 - Senate: Reported from Privileges and Elections and rereferred to Finance and Appropriations (13-Y 2-N)
- 01/28/2025 - Senate: Rereferred to Finance and Appropriations
- 01/30/2025 - Senate: Reported from Finance and Appropriations (11-Y 0-N 4-A)
- 02/03/2025 - Senate: Rules suspended
- 02/03/2025 - Senate: Constitutional reading dispensed (on 1st reading) (40-Y 0-N)
- 02/03/2025 - Senate: Passed by for the day
- 02/04/2025 - Senate: Read second time and engrossed
- 02/04/2025 - Senate: Rules suspended
- 02/04/2025 - Senate: Constitutional reading dispensed (on 3rd reading) (40-Y 0-N)
- 02/04/2025 - Senate: Passed Senate (36-Y 4-N)
- 02/07/2025 - House: Placed on Calendar
- 02/07/2025 - House: Read first time
- 02/07/2025 - House: Referred to Committee on Privileges and Elections
- 02/13/2025 - House: Placed on Privileges and Elections Agenda
- 02/14/2025 - House: Reported from Privileges and Elections (22-Y 0-N)
- 02/18/2025 - House: Read second time
- 02/19/2025 - House: Read third time
- 02/19/2025 - House: Passed House (97-Y 0-N)
- 03/07/2025 - Senate: Enrolled
- 03/07/2025 - Senate: Bill text as passed Senate and House (SB1002ER)
- 03/07/2025 - House: Signed by Speaker
- 03/10/2025 - Senate: Signed by President
- 03/11/2025 - Senate: Enrolled Bill Communicated to Governor on March 11, 2025
- 03/11/2025 - Governor's Action Deadline 11:59 p.m., March 24, 2025
- 03/11/2025 - Senate: Fiscal Impact Statement from Department of Planning and Budget (SB1002)
- 03/24/2025 - Approved by Governor-Chapter 537 (Effective 07/01/26)
- 03/24/2025 - Acts of Assembly Chapter text (CHAP0537)
