The bill aims to revise campaign finance reporting requirements in Montana, specifically addressing the obligations of candidates and political committees. It mandates that candidates must file reports even if they have no contributions or expenditures to report, ensuring transparency in campaign financing. The bill also clarifies the timeline for filing these reports, which includes quarterly, semiannual, and special election reports, as well as specific deadlines for contributions and expenditures made close to election dates.

Additionally, the bill introduces a significant consequence for non-compliance: failure to adhere to the reporting requirements will result in a candidate's name being removed from the official ballot for an election. This provision emphasizes the importance of timely and accurate reporting in maintaining the integrity of the electoral process. The bill amends Section 13-37-226 of the Montana Code Annotated to incorporate these changes, including the new stipulations regarding reporting even in the absence of financial activity and the penalties for failing to report.

Statutes affected:
LC Text: 13-37-226
HB0770_1(1): 13-37-226
HB0770_1(2): 13-37-226
HB0770_1(3): 13-37-226
HB0770_1(4): 13-37-226
HB0770_1(5): 13-37-226
HB0770_1(6): 13-37-226
HB0770_1(7): 13-37-226
HB0770_1: 13-37-226
HB0770_X(1): 13-37-226
HB0770_X(10): 13-37-226
HB0770_X(2): 13-37-226
HB0770_X(3): 13-37-226
HB0770_X(4): 13-37-226
HB0770_X(5): 13-37-226
HB0770_X(6): 13-37-226
HB0770_X(7): 13-37-226
HB0770_X(8): 13-37-226
HB0770_X(9): 13-37-226
HB0770_X: 13-37-226