This bill amends Section 67-6607 of the Idaho Code to require candidates for political office to file a statement of compensation received from the federal government with the Secretary of State. Specifically, it mandates that candidates or their political treasurers include any compensation received for employment or services rendered by the federal government in their reports of contributions and expenditures. This addition aims to enhance transparency regarding the financial dealings of political candidates.

The bill also establishes a timeline for filing reports, requiring monthly reports during election years and annual reports in non-election years. Additionally, it stipulates that candidates must notify the Secretary of State within 48 hours of receiving any contribution of $1,000 or more. The act is set to take effect on July 1, 2025, following the declaration of an emergency to expedite its implementation.

Statutes affected:
Bill Text: 67-6607