The bill amends Section 67-6604 of the Idaho Code to enhance the regulations surrounding the accounts of political treasurers. Key changes include the requirement that all campaign contributions, including personal funds or loans from candidates, must be deposited into a dedicated campaign account that is separate from personal or business accounts. The political treasurer is responsible for maintaining these accounts and must report all contributions, deposits, and expenditures in accordance with the law. Additionally, candidates who loan personal funds to their campaigns are required to deposit the full amount into their campaign accounts and file a written report with the Secretary of State within seven days of the deposit.

The bill also stipulates that accounts maintained by political treasurers can be inspected by the Secretary of State or county clerks before elections, and these accounts must be preserved for at least one year after the election or the last statement is filed. The bill declares an emergency, making it effective on July 1, 2026.

Statutes affected:
Bill Text: 67-6604