85201
Effective Jan 1, 2026Amended by Stats. 2025, Ch. 278, Sec. 58. (AB 808) Effective January 1, 2026. Conditionally operative pursuant to Sec. 78 of Stats. 2025, Ch. 278. Note: This section was added on June 7, 1988, by initiative Prop. 73.
- (a) Before the solicitation or receipt of any contribution or loan, a candidate who has filed a statement of intention pursuant to Section 85200 shall establish one campaign contribution account at an office of a financial institution located in the state.
- (b) As required by subdivision (f) of Section 84102, a candidate who raises contributions of two thousand dollars ($2,000) or more in a calendar year shall set forth the name and address of the financial institution where the candidate has established a campaign contribution account and the account number on the committee registration filed pursuant to Sections 84101 and 84103.
- (c) All contributions or loans made to the candidate, to a person on behalf of the candidate, or to the candidate’s controlled committee shall be deposited in the account.
- (d) Any personal funds which will be utilized to promote the election of the candidate shall be deposited in the account prior to expenditure.
- (e) All campaign expenditures shall be made from the account.
- (f) Subdivisions (d) and (e) do not apply to a candidate’s payment for a filing fee and statement of qualifications from the candidate’s personal funds.
- (g) This section does not apply to a candidate who will not receive contributions and who makes expenditures from personal funds of less than two thousand dollars ($2,000) in a calendar year to support the candidate’s candidacy. For purposes of this section, a candidate’s payment for a filing fee and statement of qualifications shall not be included in calculating the total expenditures made.
- (h) An individual who raises contributions from others for that individual’s campaign, but who raises or spends less than two thousand dollars ($2,000) in a calendar year, and does not qualify as a committee under Section 82013, shall establish a campaign contribution account pursuant to subdivision (a), but is not required to file a committee registration pursuant to Section 84101 or other statement of bank account information.