This bill mandates that public officials, including representatives and senators, file financial disclosure forms for contributions of $1,000 or more, requiring a new form to be submitted within 30 days of receiving such contributions. Additionally, if a legislator's financial circumstances change, they must file a new disclosure form before engaging in any official activities that could be influenced by the change. The bill also stipulates that candidates for various offices must register with the Secretary of State and file monthly receipt statements if their campaign receipts exceed $1,000 during an election cycle.

Furthermore, the Secretary of State is tasked with preparing monthly summaries of all individual reports received from candidates and submitting these summaries to the legislative ethics committee by the end of each month. The bill introduces new legal language to amend RSA 14-B:8 and RSA 664:7, while it does not provide funding or authorize new positions, with estimated costs for implementing the necessary updates to the online campaign finance system ranging from $50,000 to $100,000. The act is set to take effect 60 days after its passage.

Statutes affected:
Introduced: 14-B:8, 664:7