ELEC CD-POLITICAL COMMITTEES

Amends the Election Code. Provides that, if a political committee lends or donates funds to another political committee while the lending or donating political committee has knowledge that a civil penalty will be assessed by the State Board of Elections, but prior to being served formal notice of that civil penalty, the officers of the lending or donating political committee shall be jointly and severally personally liable to the extent allowed by law for payment of the civil penalty to the extent of the funds loaned or given. Provides that the Board shall maintain a record of all official correspondence between the Board and all political committees concerning enforcement actions, including, but not limited to, records of official notices of imposed civil penalties. Provides that the Board may dissolve any political committee that fails to pay a civil penalty imposed by the Board within 6 months after being served official notice of the penalty by certified mail.