85205.
(a) “Political party committee” means the state central committee committee, a legislative caucus committee, or county central committee of an organization that meets the requirements for recognition as a political party pursuant to Section 5100 or 5151 of the Elections Code.(b) The caucus of each political party of each house of the Legislature may establish no more than one legislative caucus committee. A legislative caucus committee shall be directed by the Speaker of the Assembly, Assembly Minority Leader, President pro Tempore of the Senate, Senate Minority Leader, or the caucus leader of any other recognized political party represented in the Legislature, or his or her designee or designees.
(c) (1) Pursuant to subdivision (b) of Section 82016, a legislative caucus committee is not a controlled committee.
(2) For purposes of Section 85201, a bank account established for a legislative caucus committee is not a campaign contribution account of the person who directs the committee or of any other candidate.
(d) Funds received by each legislative caucus committee shall be held in trust to advance the interests of the legislative caucus. Legislative caucus funds may be used to make expenditures associated with the election of members to the Legislature and for caucus expenses. The authority to direct a legislative caucus committee shall transfer to the successor leader of the legislative caucus described in subdivision (b) at the time the successor assumes office as leader, unless the caucus decides by a majority vote to transfer authority to direct the legislative caucus committee at an earlier time.
(e) Legislative caucus funds shall not be used to make a contribution to the Speaker of the Assembly, Assembly Minority Leader, President pro Tempore of the Senate, Senate Minority Leader, or the caucus leader of any other recognized political party represented in the Legislature for purposes of supporting his or her election or reelection to state office.