10 LC
21 0676
House
Bill 1166
By:
Representative Scott of the
153rd
A
BILL TO BE ENTITLED
AN ACT
AN ACT
To
amend Code Section 21-5-30 of the Official Code of Georgia Annotated, relating
to contributions made to candidate or campaign committee or for recall of a
public officer, so as to provide that any person acting on behalf of an
insurance corporation, partnership, or business regulated by the Commissioner of
Insurance shall not make any contribution to a political campaign for such
office or to any campaign conducted by an incumbent commissioner; to prohibit
certain gifts to such officer or his or her family; to provide for a penalty; to
provide for an effective date; to repeal conflicting laws; and for other
purposes.
BE
IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:
SECTION
1.
Code
Section 21-5-30 of the Official Code of Georgia Annotated, relating to
contributions made to a candidate or campaign committee or for recall of a
public officer, is amended by adding a new subsection to read as
follows:
"(h)(1)
A person acting on behalf of an insurance corporation, partnership, or business
regulated by the Commissioner of Insurance shall not make, directly or
indirectly, any contribution to a political campaign for such office or to the
campaign for any political office being conducted by an incumbent Commissioner
of Insurance.
(2)
It shall be unlawful for the Commissioner of Insurance or any member of his or
her immediate family to accept a gift or gratuity exceeding an aggregate value
of $100.00 in any 24 hour period from any business entity or any person having a
managerial position with any such business entity regulated by the
commissioner's office.
(3)
Any person who knowingly violates this subsection shall be guilty of a felony
and shall be punished by imprisonment for not less than one nor more than five
years or by a fine not to exceed $10,000.00, or
both."
SECTION
2.
This
Act shall become effective upon its approval by the Governor or upon its
becoming law without such approval.
SECTION
3.
All
laws and parts of laws in conflict with this Act are repealed.