As used in this part:

1. (1)

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

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

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

      3. (d) (d) Legislative question committees;

         1. (e) (e) Political parties;
         2. (f) (f) County political party committees; or
         3. (g) (g) 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) Registers pursuant to Arkansas Code § 7-6-215 prior to making contributions.

   2. (B) An approved political action committee shall not include:

      1. (i) An organized political party as defined in Arkansas Code § 7-1-101;
      2. (ii) A county political party committee;
      3. (iii) The candidate’s own campaign committee;
      4. (iv) An exploratory committee;
      5. (v) A ballot question committee; or
      6. (vi) A legislative question committee;

2. (2)

   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 or in support of or opposition to a ballot or legislative question.
   2. (B) “Contribution” shall include membership dues paid to a committee but not filing fees paid to a committee by candidates.

   3. (C)

      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 and 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.
   4. (D) “Contribution and expenditure” shall not include activity sponsored and funded by a political party that meets the definition of “political party” under Arkansas Code § 7-1-101 or the requirements of Arkansas Code § 7-7-205 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;

3. (3) “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) Campaign committees;
      3. (iii) Ballot question committees;
      4. (iv) Legislative question committees;
      5. (v) Political parties;
      6. (vi) Political action committees; or
      7. (vii) 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;

4. (4)

   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 member is the Lieutenant Governor or the Governor is a “legislative caucus committee” for purposes of this part;

5. (5)

   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) Any other organization or group of persons acting in concert.

   2. (B) It shall also include:

      1. (i) A political party that meets the definition of “political party” under Arkansas Code § 7-1-101 or the requirements of Arkansas Code § 7-7-205;
      2. (ii) County political party committees; and
      3. (iii) Legislative caucus committees;

6. (6)

   1. (A) “Printed campaign materials” means:

      1. (i) Literature mailed to an elector that is intended to or calculated to influence the vote of an elector in an election in this state, including without limitation:

         1. (a) (a) Signs;
         2. (b) (b) Banners;
      2. (c) (c) Flyers; and
      3. (d) (d) Pamphlets; and
      4. (ii) Yard signs and push cards intended to or calculated to influence the vote of an elector in an election in this state.

   2. (B) “Printed campaign materials” does not mean political paraphernalia, including without limitation:

      1. (i) Stickers;
      2. (ii) Buttons;
      3. (iii) Pens;
      4. (iv) T-shirts;
      5. (v) Nail files; or
      6. (vi) Other similar trinkets;

7. (7)

   1. (A) “Prohibited political action committee” means any person who receives contributions from one (1) or more persons in order to make contributions to candidates, ballot question committees, legislative question committees, political parties, county political party committees, or other political action committees, but that does not meet the requirements of an approved political action committee.

   2. (B) A prohibited political action committee shall not include:

      1. (i) A political party that meets the definition of “political party” under Arkansas Code § 7-1-101 or the requirements of Arkansas Code § 7-7-205;
      2. (ii) The candidate’s own campaign committee;
      3. (iii) A county political party committee;
      4. (iv) An exploratory committee; or
      5. (v) A ballot or legislative question committee; and

8. (8)

   1. (A) “Remaining campaign funds” means any balance of campaign funds over expenses incurred as of the day of the election except for remaining campaign funds and any funds required to repay loans made by the candidate from his or her personal funds to the campaign or to repay loans made by financial institutions to the candidate and applied to the campaign.

   2. (B) “Remaining campaign funds” does not include campaign signs, campaign literature, and other printed campaign materials that were:

      1. (i) Purchased by the campaign;
      2. (ii) Reported on the appropriate contribution and expenditure report for the campaign at the time of the purchase; and
      3. (iii) Retained for use in a future campaign by the same candidate.