Section 3-5-2-23 - "Expenditure"(a) "Expenditure" means a disbursement (whether characterized as an advance, a deposit, a distribution, a gift, a loan, a payment, a purchase, or a contract or promise to make a disbursement) of property (as defined in IC 35-31.5-2-253 ) that: (1) is made for the purpose of influencing: (A) the nomination or election to office of a candidate;(B) the election of delegates to a state constitutional convention; or(C) the outcome of a public question; and(2) is made by: (A) an individual, except that a contribution made by an individual is not considered to be an expenditure;(B) a candidate's committee;(C) a regular party committee; or(D) a political action committee.(b) Whenever funds are transferred from one (1) committee to another, the disbursing committee is considered to be making an expenditure in the amount of the funds transferred.Pre-1986 Recodification Citations: 3-4-1-10; 3-4-1-16(b) part; 3-4-1-22 part.
Amended by P.L. 114-2012, SEC. 3, eff. 7/1/2012.As added by P.L. 5-1986, SEC.1.