The proposed bill aims to create chapter 16.1-08.2 of the North Dakota Century Code, focusing on enhancing campaign disclosure statements and repealing the previous chapter 16.1-08.1. It introduces new definitions and regulations regarding political contributions and expenditures, including the redefinition of terms such as "contribution," "expenditure," and "independent expenditure." The bill mandates that candidates and political committees file annual registration and disclosure statements detailing contributions and expenditures, with specific deadlines tied to election cycles. It also establishes penalties for violations, including class A misdemeanors for noncompliance, and allows the Secretary of State to conduct audits if substantial irregularities are suspected.

Additionally, the bill outlines special requirements for state political parties regarding the management of funds related to state nominating conventions and mandates the disclosure of contributions and expenditures related to ballot measures. It prohibits foreign nationals from making contributions or expenditures in elections and emphasizes the importance of maintaining separate campaign accounts. The bill also introduces provisions for late fees associated with filing reports and requires political advertisements to disclose the sponsor's name. The legislation is set to take effect on January 1, 2026, with the Secretary of State responsible for providing instructions for uniform application of the new campaign finance laws.

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