"Legislative caucus committee" means an organization that satisfies all of the following:

1. (1) The organization is organized by members of the general assembly who belong to the same state political party.
2. (2) The organization proposes to influence only the election of candidates for legislative office.
3. (3) The organization accepts contributions or makes expenditures that in the aggregate exceed one hundred dollars ($100) during a calendar year to influence only the election of candidates for legislative office.

As added by P.L.3-1997, SEC.9.