The proposed bill amends Title 74 of the Idaho Code by introducing a new Chapter 3, "Campaign Finance Transparency," which aims to enhance transparency in campaign financing. Key provisions include prohibiting foreign contributions, independent expenditures, and electioneering communications, while establishing reporting requirements that must be certified by the Secretary of State. Candidates and political action committees (PACs) are required to appoint political treasurers, maintain detailed accounts of contributions and expenditures, and adhere to specified contribution limits. The bill also introduces penalties for violations, including civil fines for late filings, and outlines the responsibilities of the Secretary of State and county clerks in enforcing these regulations.

Additionally, the bill includes significant amendments regarding the regulation of PACs and the use of synthetic media in political communications. It mandates that any group supporting or opposing candidates must report contributions or expenditures exceeding $1,000 in a calendar year and requires the appointment of a political treasurer. The "Freedom from AI-Rigged (FAIR) Elections Act" is also introduced, allowing candidates to seek legal remedies against misleading representations created through synthetic media. Overall, the legislation aims to create a more transparent and accountable framework for campaign finance in Idaho, ensuring that all financial activities are properly documented and reported.

Statutes affected:
Bill Text: 67-6602, 67-6621, 67-6625, 19-5904, 19-6004, 44-2602, 44-2605, 50-2006, 50-2005, 67-5282, 72-1503