This bill mandates that candidates for various state offices must attest that their campaign expenditures do not exceed $1,000 during a reporting period. The bill amends RSA 664:7 to require candidates to register with the secretary of state and utilize an online campaign finance system. Specifically, candidates whose expenditures are below the $1,000 threshold must indicate this by checking a designated box on the reporting form, which will be included by the secretary of state. The form will contain a statement for candidates to affirm their compliance with the spending limit.

Additionally, the bill clarifies that candidates with receipts or expenditures exceeding $1,000 must continue to file detailed financial statements as outlined in existing law (RSA 664:9-a through 664:9-c). The language that is deleted from the current law includes the previous requirement for candidates to attest to their spending, which is now replaced with the new checkbox system. The bill is set to take effect 60 days after its passage and is projected to have a minimal fiscal impact of less than $10,000 annually for the fiscal years 2025 through 2028.

Statutes affected:
Introduced: 664:7