Campaign finance; prohibited personal use of campaign funds, complaints, hearings, civil penalty.

Campaign finance; prohibited personal use ofcampaign funds; complaints, hearings, civil penalty, and advisory opinions. Prohibits any person from converting contributionsto a candidate or a candidate's campaign committee for their personal use. Current law only prohibits such conversion of contributionswith regard to disbursement of surplus funds at the dissolution ofa campaign or political committee. The bill provides that a contributionis considered to have been converted to personal use if the contribution,in whole or in part, is used to fulfill any commitment, obligation,or expense that would exist irrespective of the person's seeking,holding, or maintaining public office but excepts from "personaluse" the ordinary and accepted expenses related to campaigning foror holding elective office, including the use of campaign funds topay for the candidate's child care expenses that are incurred as adirect result of campaign activity. Any person subject to the personaluse ban may request an advisory opinion from the State Board of Electionson such matters. The bill directs the State Board of Elections toadopt emergency regulations similar to those promulgated by the FederalElection Commission to implement the provisions of the bill and toprovide an updated summary of Virginia campaign finance law that reflects the Attorney General's opinion and any new regulations promulgatedby the State Board of Elections.