Virginia Statutes § 24.2-953.5 Additional penalties related to federal political action or out-of-state political committees
Statute Text
A.
Acceptance of contributions of $10,000 or more in the aggregate in any calendar year from an unregistered federal political action committee or out-of-state political committee shall result in a civil penalty equal to the amount of the contributions made to a candidate campaign committee or political committee.
B.
The provisions of this subsection are applicable regardless of the assessment of a civil penalty pursuant to subsection A. The failure of any federal political action committee or out-of-state political committee to comply with the provisions of §
24.2-949.2
,
24.2-949.10
,
24.2-949.11
, or
24.2-949.12
shall result in a civil penalty not to exceed the amount of the contribution made to a candidate campaign committee or political committee.
C.
The State Board of Elections shall institute proceedings pursuant to §
24.2-104
against any committee that fails to comply with the provisions of §
24.2-947.3:1
,
24.2-949.2
,
24.2-949.10
,
24.2-949.11
,
24.2-949.12
, or
24.2-949.13
and, after notice by the State Board, continues for more than five days to remain noncompliant.
Source
2006, cc. 771, 805, § 24.2-930.1 .
History
Amended by Acts 2006, § cc. 771, 805, § 24.2-930.1.
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