This bill amends Section 67-6610 of the Idaho Code to introduce exemptions for certain commercial sales conducted by candidates or political committees from specific reporting requirements related to election campaign contributions. It stipulates that if a candidate or political committee engages in commercial sales of merchandise, they are not required to record and report each individual transaction, provided that the total amount of any single transaction is less than $200. Additionally, the total sales and cost of goods sold must be reported to the Secretary of State, and the items sold must be available to the general public as part of a nominal retail transaction. Items of limited availability, defined as having a quantity of five or fewer at the start of an event or sale, are excluded from being categorized as commercial sale items.

The bill also includes a provision that exempts items categorized as commercial sale items from the provisions of Chapter 36, Title 63 of the Idaho Code. This legislative change is intended to streamline the reporting process for political entities while still ensuring transparency in campaign financing. The act is set to take effect on July 1, 2025, following the declaration of an emergency.

Statutes affected:
Bill Text: 67-6610