This bill mandates that business organizations and labor unions must make political contributions exclusively through segregated funds. Specifically, it amends RSA 664:4, II by adding new provisions that allow contributions from labor unions and business organizations, as well as their representatives, while explicitly excluding sole proprietorships from these regulations. The new language clarifies that unions and organizations can establish independent political committees that operate with separate, segregated funds, which can only consist of voluntary contributions from individuals associated with those unions or organizations.

The bill is set to take effect 60 days after its passage and is expected to have indeterminable impacts on state and local expenditures due to potential changes in judicial and correctional costs associated with enforcement. The fiscal note indicates that there will be no expected revenue changes, but the costs related to prosecution, incarceration, probation, and parole may be affected, necessitating further analysis of these impacts on the judicial system.

Statutes affected:
Introduced: 664:4