This bill amends Section 67-6610 of the Idaho Code regarding election campaign contributions and expenditures. It introduces new provisions that exempt candidates or political committees from certain reporting requirements when engaging in commercial sales of merchandise. Specifically, if the total amount of a single transaction is less than $200, the political treasurer is not required to record and report each individual sale, provided that the total sales and cost of goods sold are reported to the Secretary of State. Additionally, items sold must be available to the general public as a nominal retail transaction, and items of limited availability (five or fewer) at the start of an event or sale are excluded from this exemption.
The bill also clarifies that items categorized as commercial sale items are exempt from the provisions of chapter 36, title 63 of the Idaho Code. An emergency clause is included, declaring that the act will take effect on July 1, 2025.
Statutes affected: Bill Text: 67-6610