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. It establishes definitions for key terms, prohibits foreign contributions and expenditures, and sets forth reporting requirements for candidates, political action committees (PACs), and political parties. The bill mandates the appointment of political treasurers, limits contributions, and requires the disclosure of sources for contributions and expenditures. It also includes provisions for media outlets and advertising agencies to maintain records of financial obligations incurred by candidates or PACs, and establishes penalties for non-compliance with reporting requirements. Additionally, the bill repeals several existing sections related to campaign finance to streamline the legal framework governing these activities in Idaho.

Furthermore, the bill introduces the "Freedom from AI-Rigged (FAIR) Elections Act," which addresses the use of synthetic media in political communications, allowing candidates to seek legal remedies against deceptive representations. It requires clear disclosures for synthetic media used in electioneering communications and establishes liability for information content providers. The legislation also outlines stricter definitions and reporting timelines for electioneering communications and independent expenditures, with specific contribution limits for political party committees. It designates county clerks to perform certain functions previously held by the Secretary of State and introduces new reporting requirements for individuals paying signature gatherers for ballot initiatives. Overall, the bill aims to enhance transparency, accountability, and ethical standards in campaign finance and lobbying practices in Idaho.

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