This bill amends existing laws concerning political expenditures and contributions by introducing new definitions and regulations for coordinated and independent expenditures. It expands the definition of "contribution" to include "coordinated expenditure," clarifying that a "coordinated expenditure" is distinct from an "independent expenditure." The bill establishes a new maximum expenditure limit for political advocacy committees to enhance transparency and accountability in political financing. It also outlines criteria for what constitutes a coordinated expenditure, including conditions under which expenditures are considered coordinated with candidates or political parties, and introduces a "firewall" policy to prevent information flow between political communication entities and candidates or parties.

Furthermore, the bill modifies existing laws on political contributions by deleting previous limits in paragraph V and setting new contribution caps: $15,000 for candidates or candidate committees and $30,000 for political advocacy organizations and other political committees or parties. It also repeals RSA 664:4, V, which previously regulated contributions by committees or organizations. The act is set to take effect upon its passage, aiming to tighten regulations around political spending and ensure that expenditures are made independently unless explicitly coordinated.

Statutes affected:
Introduced: 664:2, 664:4