Iowa Code § 68A.502

Current through bills signed by governor as of 4/19/2024
Section 68A.502 - Contribution sources - identification - illegal contributions or expenditures - loans
1. A person making a contribution in excess of twenty-five dollars shall provide the person's name and address to the candidate or committee receiving the contribution.
2. A person shall not make a contribution or expenditure in the name of another person, and a person shall not knowingly accept a contribution or expenditure made by one person in the name of another.
3. For the purpose of this section, an illegal contribution or expenditure is any of the following:
a. A contribution or expenditure made by one person which is ultimately reimbursed by another person who has not been identified as the ultimate source or recipient of the funds.
b. A contribution or expenditure made using a fictitious name. A name is fictitious in the case of an individual if the name does not include the individual's legal surname at the time of the contribution or expenditure.
c. A contribution or expenditure made by a person who borrowed the money from another person if the original source of said money is not disclosed.
4. Any candidate or committee receiving funds, the original source of which was a loan, shall be required to list the lender as a contributor. No candidate or committee shall knowingly receive funds from a contributor who has borrowed the money without listing the original source of said money.

Iowa Code § 68A.502

Amended by 2018 Iowa, ch 1059,s 5, eff. 7/1/2018.
C75, 77, 79, 81, § 56.12 95 Acts, ch 198, §11; 2003 Acts, ch 40, §9CS2003, § 68A.502