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 with a tax-exempt designation under section 501(c)(4) of the Internal Revenue Code. The bill introduces a new definition for "C4 donor" 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, ensuring that donor privacy is upheld for smaller contributions.
Key amendments include the addition of provisions that protect the confidentiality of C4 donors, stipulating that their identities are not subject to disclosure for contributions under $1,000. The bill also clarifies reporting requirements for candidates and political committees, allowing for the exclusion of certain contributions from disclosure if they fall below this threshold. Overall, the legislation seeks to enhance donor privacy while maintaining transparency in political financing for larger contributions.
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