REFERENCE TITLE: independent expenditures; corporations; unions; audit |
State of Arizona Senate Fifty-second Legislature First Regular Session 2015
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SB 1209 |
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Introduced by Senators Quezada, Dalessandro, Farley; Representatives Gabaldón, Steele, Velasquez, Wheeler: Senators Bradley, Cajero Bedford; Representatives Andrade, Benally, Clark, Fernandez, Hale, Mendez, Rios, Sherwood
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AN ACT
amending title 16, chapter 6, article 2, Arizona Revised Statutes, by adding section 16-956.01; relating to the CITIZENS clean elections commission.
(TEXT OF BILL BEGINS ON NEXT PAGE)
Be it enacted by the Legislature of the State of Arizona:
Section 1. Title 16, chapter 6, article 2, Arizona Revised Statutes, is amended by adding section 16-956.01, to read:
16-956.01. Random audits; corporate, limited liability company and labor organization independent expenditures; procedure
A. After each general election, the commission shall conduct random audits from among those corporations, limited liability companies or labor organizations that register pursuant to section 16‑914.02 and make independent expenditures in that election cycle. Random audits shall be conducted in accordance with procedures established by the commission and shall include the review of notifications, related documentation and other financial records to determine whether the corporation, limited liability company or labor organization is in compliance with section 16‑914.02, subsection K.
B. The Commission may hire an independent accounting firm to conduct the random audits. The selection of any corporation, limited liability company or labor organization for audit shall be determined by random lot at a commission meeting. The audit is confidential unless a finding is made that a violation has occurred, in which case the commission shall notify the appropriate filing officer of the alleged violation.