Section 260.NEW - [Newly enacted section not yet numbered] [Operative 1/1/2027](1)(a) A person may not control more than one of each of the following types of committees at one time: (A) Principal campaign committee.(B) Multicandidate political committee.(C) Political party multicandidate committee.(D) Small donor political committee.(E) Membership organization political committee.(b) A person who controls both a small donor political committee and another political committee may not split a contribution from an individual, so that part of the individual's contribution goes to the small donor political committee and part of the contribution goes to the other political committee, unless the person is directed to do so in writing by the donor.(2)(a) The following in-kind contributions, as determined over a 12-month period, are exempt from the contribution limits set forth in section 4 of this 2024 Act up to the limits provided or as further adjusted pursuant to subsection (3) of this section: (A) Food and beverages up to $2,500 for all offices, except up to $5,000 for a state office subject to section 4 (3) of this 2024 Act.(B) Transportation costs up to $2,500 for all offices, except up to $5,000 for a state office subject to section 4 (3) of this 2024 Act.(C) Child care, elder care, interpretation or translation services without limitation.(D) Small gifts that are incidental to the operation of a business up to $1,000. The Secretary of State may by rule further define what is meant by small gifts.(E) Contributions of office space, including conference rooms and other utility areas associated with office space, except that the office space may not exceed 2,500 square feet or be contributed for a period of longer than 12 months.(F) Legal services related to advising a candidate on compliance with election laws and representing a candidate in the event a complaint alleging a violation of election laws is filed against the candidate may be contributed without limitation.(b) In-kind contributions described in this subsection must be reported to the Secretary of State at the same time and in the same manner as other contributions and expenditures are reported.(c) In-kind contributions described in this subsection may only be made by a contributor authorized to make a contribution under this chapter and may only be received by a candidate or a candidate committee.(3) Prior to the start of each election cycle, the Secretary of State shall adjust the dollar amounts set forth in this section and section 4 of this 2024 Act by the cumulative change in the Consumer Price Index for All Urban Consumers, West Region (All Items), as published by the Bureau of Labor Statistics of the United States Department of Labor, or its successor, since 2024. The adjustments performed under this subsection shall be rounded to the nearest $10 increment.(4) The Secretary of State may adopt rules necessary to implement this section.Added by 2024 Ch. 9,§ 5, eff. 91st day after sine die, op. 1/1/2027.