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Indiana Code Title 3. Elections § 3-5-2.1-44

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 44. (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 committee to another, the disbursing committee is considered to be making an expenditure in the amount of the funds transferred.

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Cite this article: FindLaw.com - Indiana Code Title 3. Elections § 3-5-2.1-44 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-3-elections/in-code-sect-3-5-2-1-44/

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