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. The new legal language specifies that this statement must include any compensation received by the candidate for employment or services rendered. This addition aims to enhance transparency regarding the financial dealings of candidates and ensure that all sources of income are disclosed.
The bill also establishes a timeline for filing reports of contributions and expenditures, requiring candidates and political committees to submit monthly reports during election years and annual reports in non-election years. Additionally, it mandates that any contribution of $1,000 or more must be reported to the Secretary of State within 48 hours of receipt. The act is set to take effect on July 1, 2025, and includes provisions for online filing of reports, unless a waiver is granted.
Statutes affected: Bill Text: 67-6607