This bill amends the Nebraska Political Accountability and Disclosure Act by introducing a limit on contributions made to candidate committees. Specifically, it establishes that no individual may contribute more than one thousand dollars to a candidate committee during an election period, defined as the calendar year of the election. If a contribution exceeds this limit, the candidate committee is required to refund the excess amount within ten days of receipt and report the details of the contribution, including the contributor's name, address, amount, and dates of receipt and return.

Additionally, the bill clarifies that contributions from a candidate's own personal funds are exempt from this limit. The original section of the law is repealed to accommodate these changes, ensuring that the updated provisions are harmonized within the existing legal framework.

Statutes affected:
Introduced: 49-1401