Sec. 44. (a) "Expenditure" means a disbursement (whether characterized as an advance, a deposit, a distribution, a gift, a loan, a payment, a purchase, or a contract or promise to make a disbursement) of property (as defined in IC 35-31.5-2-253 ) that: (1) is made for the purpose of influencing: (A) the nomination or election to office of a candidate; (B) the election of delegates to a state constitutional convention; or (C) the outcome of a public question; and (2) is made by: (A) an individual, except that a contribution made by an individual is not considered to be an expenditure; (B) a candidate's committee; (C) a regular party committee; or (D) a political action committee. (b) Whenever funds are transferred from one committee to another, the disbursing committee is considered to be making an expenditure in the amount of the funds transferred.
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