House Bill No. [insert bill number] aims to revise donor privacy laws concerning political contributions, specifically focusing on contributions of less than $1,000 made to organizations recognized under section 501(c)(4) of the Internal Revenue Code. The bill introduces the term "C4 donor" to define individuals who contribute to these organizations and establishes that the identity of such donors will remain confidential for contributions below the specified threshold. Additionally, the bill amends several sections of the Montana Code Annotated (MCA) to incorporate these changes, including the definitions of terms related to donor privacy and the requirements for reporting contributions and expenditures by candidates and political committees.
Key amendments include the insertion of provisions that ensure the confidentiality of C4 donors for contributions under $1,000, as well as adjustments to the reporting requirements for candidates and committees. For instance, the bill specifies that the contribution amount of $1,000 is to be used in place of lower thresholds in certain reporting sections, thereby enhancing donor privacy. The bill also clarifies the information that must be disclosed by candidates and committees while allowing for exceptions regarding smaller contributions, thereby balancing transparency with the protection of donor identities.
Statutes affected: LC Text: 13-37-101, 13-37-114, 13-37-229, 13-37-232
HB0673_1(1): 13-37-101, 13-37-114, 13-37-229, 13-37-232
HB0673_1(2): 13-37-101, 13-37-114, 13-37-229, 13-37-232
HB0673_1(3): 13-37-101, 13-37-114, 13-37-229, 13-37-232
HB0673_1: 13-37-101, 13-37-114, 13-37-229, 13-37-232