2009 Iowa Code
Title 2 - Elections and Official Duties
Subtitle 2 - Public Officers and Employees
CHAPTER 68A - CAMPAIGN FINANCE
68A.404 - INDEPENDENT EXPENDITURES.

        68A.404  INDEPENDENT EXPENDITURES.
         1.  As used in this section, "independent expenditure" means
      one or more expenditures in excess of one hundred dollars in the
      aggregate for a communication that expressly advocates the
      nomination, election, or defeat of a clearly identified candidate or
      the passage or defeat of a ballot issue that is made without the
      prior approval or coordination with a candidate, candidate's
      committee, or a ballot issue committee.
         2.  A person, other than a committee registered under this
      chapter, that makes one or more independent expenditures shall file
      an independent expenditure statement.
         a.  The requirement to file an independent expenditure
      statement under this section does not by itself mean that the person
      filing the independent expenditure statement is required to register
      and file reports under sections 68A.201 and 68A.402.
         b.  This section does not apply to a candidate, candidate's
      committee, state statutory political committee, county statutory
      political committee, or a political committee.  This section does not
      apply to a federal committee or an out-of-state committee that makes
      an independent expenditure.
         3. a.  An independent expenditure statement shall be filed
      within forty-eight hours of the making of an independent expenditure
      in excess of one hundred dollars in the aggregate.
         b.  An independent expenditure statement shall be filed with
      the board and the board shall immediately make the independent
      expenditure statement available for public viewing.
         c.  For purposes of this section, an independent expenditure
      is made at the time that the cost is incurred.
         4.  The independent expenditure statement shall contain all of the
      following information:
         a.  Identification of the individuals or persons filing the
      statement.
         b.  Description of the position advocated by the individuals
      or persons with regard to the clearly identified candidate or ballot
      issue.
         c.  Identification of the candidate or ballot issue benefited
      by the independent expenditure.
         d.  The dates on which the expenditure or expenditures took
      place or will take place.
         e.  Description of the nature of the action taken that
      resulted in the expenditure or expenditures.
         f.  The fair market value of the expenditure or expenditures.

         5.  Any person making an independent expenditure shall comply with
      the attribution requirements of section 68A.405.
         6. a.  The board shall develop, prescribe, furnish, and
      distribute forms for the independent expenditure statements required
      by this section.
         b.  The board shall adopt rules pursuant to chapter 17A for
      the implementation of this section.  
         Section History: Early Form
         [C75, 77, 79, 81, § 56.13; 81 Acts, ch 35, § 11] 
         Section History: Recent Form
         86 Acts, ch 1023, § 10; 93 Acts, ch 163, § 33; 94 Acts, ch 1180,
      §36; 95 Acts, ch 198, §12; 99 Acts, ch 136, §8, 17; 2002 Acts, ch
      1073, §9, 11; 2003 Acts, ch 40, §4, 9
         CS2003, §68A.404
         2005 Acts, ch 72, §13--15; 2006 Acts, ch 1010, §41; 2008 Acts, ch
      1191, §116, 117; 2009 Acts, ch 42, §5

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