The proposed bill seeks to establish chapter 16.1-08.2 of the North Dakota Century Code, focusing on enhancing campaign disclosure statements and repealing the existing chapter 16.1-08.1. It introduces new definitions and requirements for political contributions and expenditures, mandating that candidates and political committees file detailed annual registration and campaign disclosure statements. The bill emphasizes transparency by requiring the reporting of contributions exceeding $250, the total amount of contributions during the reporting period, and detailed information about each contributor and expenditure. Additionally, it outlines specific reporting obligations for state political parties regarding convention-related finances and for individuals involved in ballot measure activities.

Moreover, the bill includes provisions to regulate political committees making independent expenditures, ensuring they report detailed information to the Secretary of State. It prohibits foreign nationals from making contributions or expenditures in elections and establishes penalties for violations, including class A misdemeanors. The Secretary of State is empowered to conduct audits for substantial irregularities, with fines imposed for any discovered violations. The bill also introduces a framework for late fees associated with filing statements and mandates that any fines paid be reported in the candidate's statement. The effective date for these changes is set for January 1, 2026.

Statutes affected:
INTRODUCED: 16.1-08.1-02.3, 16.1-08.1-04.1, 16.1-08.1-06.1, 16.1-08.1-03.1
Adopted by the Senate State and Local Government Committee: 15.1-09-08, 15.1-09-19, 16.1-01-12, 16.1-10-04.1, 51-28-01
FIRST ENGROSSMENT: 15.1-09-08, 15.1-09-19, 16.1-01-12, 16.1-10-04.1, 51-28-01
Prepared by the Legislative Council staff for Representative Steiner: 15.1-09-08, 15.1-09-19, 16.1-01-12, 16.1-10-04.1, 51-28-01