As used in this part:

1. (1)

   1. (A) “Approved political action committee” means any person that:

      1. (i) Receives contributions from one (1) or more persons in order to make contributions to:

         1. (a) (a) Candidates;
         2. (b) (b) Ballot question committees;
      2. (c) (c) Legislative question committees;

      3. (d) (d) Political parties;

         1. (e) (e) County political party committees; or
         2. (f) (f) Other political action committees;
      4. (ii) Does not accept any contribution or cumulative contributions in excess of ten thousand dollars ($10,000) from any person in any calendar year; and
      5. (iii) Has registered pursuant to Arkansas Code § 7-6-215 prior to making contributions.

   2. (B) “Approved political action committee” does not include:

      1. (i) Political parties;
      2. (ii) County political party committees;
      3. (iii) The candidate’s own campaign committee;
      4. (iv) Exploratory committees;
      5. (v) Ballot question committees; or
      6. (vi) Legislative question committees;
2. (2) “Candidate” means any individual who has knowingly and willingly taken affirmative action, including solicitation of funds, for the purpose of seeking nomination for or election to any public office;

3. (3)

   1. (A) “Contribution” means, whether direct or indirect, advances, deposits, or transfers of funds, contracts, or obligations, whether or not legally enforceable, payments, gifts, subscriptions, assessments, payment for services, dues, advancements, forbearance, loans, or pledges or promises of money or anything of value, whether or not legally enforceable, to a candidate, committee, or holder of elective office, made for the purpose of influencing the nomination or election of any candidate.

   2. (B)

      1. (i) “Contribution” includes:

         1. (a) (a) The purchase of tickets for events such as dinners, luncheons, rallies, and similar fundraising events;
         2. (b) (b) The granting of discounts or rebates by television stations, radio stations, and newspapers not extended on an equal basis to all candidates for the same office; and
      2. (c) (c) Any payments for the services of any person serving as an agent of a candidate or committee by a person other than the candidate or committee or persons whose expenditures the candidates or committee must report under Arkansas Code § 7-6-201 et seq.
      3. (ii) The term “contribution” further includes any transfer of anything of value received by a committee from another committee.
      4. (iii) “Contribution” shall not include noncompensated, nonreimbursed, volunteer personal services or travel.
   3. (C) “Contribution and expenditure” shall not include activity sponsored and funded by a political party to promote its candidates or nominees through events such as dinners, luncheons, rallies, or similar gatherings and shall not include nonpartisan activity designed to encourage individuals to register to vote or to vote or any communication by any membership organization to its members or stockholders if the membership organization or corporation is not organized primarily for the purpose of influencing the nomination for election or election of any candidate;

4. (4) “County political party committee” means a person that:

   1. (A) Is organized at the county level for the purpose of supporting its affiliate party and making contributions;
   2. (B) Is recognized by an organized political party, as defined in Arkansas Code § 7-1-101, as being affiliated with that political party;

   3. (C) Receives contributions from one (1) or more persons in order to make contributions to:

      1. (i) Candidates;
      2. (ii) Ballot question committees;
      3. (iii) Legislative question committees;
      4. (iv) Political parties;
      5. (v) Political action committees; or
      6. (vi) Other county political party committees;
   4. (D) Does not accept any contribution or cumulative contributions in excess of five thousand dollars ($5,000) from any person in any calendar year; and
   5. (E) Registers pursuant to Arkansas Code § 7-6-226 prior to making contributions;

5. (5)

   1. (A) “Election” means each election to be held to nominate or elect a candidate to any public office, including school elections.
   2. (B) For the purposes of this part, a preferential primary election, a general primary election, a runoff election, a special election, and a general election shall each constitute a separate election;
6. (6) “Individual” means a human being;

7. (7)

   1. (A) “Legislative caucus committee” means a person that:

      1. (i) Is composed exclusively of members of the General Assembly;
      2. (ii) Elects or appoints officers and recognizes identified legislators as members of the organization; and
      3. (iii) Exists for research and other support of policy development and interests that the membership hold in common.

   2. (B) A “legislative caucus committee” includes, but is not limited to, a political party caucus of the:

      1. (i) General Assembly;
      2. (ii) Senate; or
      3. (iii) House of Representatives.
   3. (C) An organization whose only nonlegislator members are the Lieutenant Governor or the Governor is a “legislative caucus committee” under this part;

8. (8)

   1. (A) “Person” means any:

      1. (i) Individual;
      2. (ii) Proprietorship;
      3. (iii) Firm;
      4. (iv) Partnership;
      5. (v) Joint venture;
      6. (vi) Syndicate;
      7. (vii) Labor union;
      8. (viii) Business trust;
      9. (ix) Company;
      10. (x) Corporation;
      11. (xi) Association;
      12. (xii) Committee; or
      13. (xiii) Other organization or group of persons acting in concert.

   2. (B) It shall also include a:

      1. (i) Political party;
      2. (ii) County political party committee; and
      3. (iii) Legislative caucus committee; and

9. (9)

   1. (A) “Political party” means any group of voters that:

      1. (i) At the last-preceding general election, polled for its candidate for Governor in the state or nominees for presidential electors at least three percent (3%) of the entire vote cast for the office; or
      2. (ii) Has filed a petition with the Secretary of State containing at the time of filing the signatures of at least ten thousand (10,000) registered voters in the State of Arkansas, declaring the intention of organizing a political party, the name of which shall be stated in the declaration, and of participating in the next general election, and that has been declared a new political party by the Secretary of State.
   2. (B) When any political party fails to obtain three percent (3%) of the total votes cast at an election for the Office of Governor or nominees for presidential electors, it shall cease to be a political party.