This bill amends the Nebraska Political Accountability and Disclosure Act by introducing new definitions and provisions related to campaign finance, particularly concerning foreign nationals' contributions to ballot question committees. Key insertions include a detailed definition of "foreign national," which encompasses individuals not lawfully residing in the U.S., foreign entities, and foreign governments. The bill also specifies that any campaign statement filed by a ballot question committee must include a certification from the treasurer affirming that no contributions have been accepted from foreign nationals exceeding $100,000 in the past four years. Additionally, it establishes that any independent expenditure report must include a similar certification regarding foreign national contributions.
The bill further outlines the unlawful nature of foreign nationals making contributions or expenditures related to ballot questions and mandates that ballot question committees obtain affirmations from donors regarding their foreign national status. It introduces penalties for violations, including fines for both the committee and the foreign national involved. The bill aims to enhance transparency and accountability in campaign financing while ensuring that the identities of lawful donors are protected during investigations or legal actions related to the Act. The original sections of the law being amended are repealed to incorporate these changes.
Statutes affected: Introduced: 49-1401, 49-1403, 49-1450, 49-1461, 49-1467, 49-1479.03