The proposed bill introduces significant reforms to campaign finance regulations in Idaho by adding a new Chapter 3 to Title 74 of the Idaho Code. This chapter establishes clear definitions and prohibitions against foreign contributions, independent expenditures, and electioneering communications, while mandating that all financial reports submitted to the Secretary of State be certified as true and correct. It also requires candidates, political action committees (PACs), and political party committees to appoint political treasurers, maintain detailed records, and disclose the sources of contributions. The bill sets contribution limits for individuals donating to candidates and prohibits coordination between candidates and independent expenditures, aiming to enhance transparency and accountability in campaign financing.

Additionally, the bill introduces the "Freedom from AI-Rigged (FAIR) Elections Act," which regulates the use of synthetic media in election communications, requiring disclosures for manipulated content. It amends existing laws regarding PACs, mandating them to file detailed reports on contributions and expenditures, and introduces new reporting requirements for individuals paying signature gatherers for ballot initiatives. The bill also updates definitions related to lobbying and political activities, prohibits lobbyists from accepting contingent compensation, and outlines qualifications for public defenders. Overall, the legislation seeks to promote openness in campaign financing and lobbying activities, ensuring that electoral practices in Idaho are fair and transparent.

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
Engrossment 1: 67-6602, 67-6621, 67-6625, 19-5904, 19-6004, 44-2602, 44-2605, 50-2006, 50-2005, 67-5282, 72-1503