This bill amends existing laws regarding political contributions and expenditures, specifically targeting foreign nationals. It prohibits foreign nationals from making political contributions during state election cycles, as defined in 52 U.S.C. section 30121(b) and 11 C.F.R. section 110.20(a)(3). Additionally, it requires political committees to affirm compliance with specific statutes (RSA 664:4, VI and RSA 664:5, III) when filing reports with the secretary of state. If a political committee or foreign national willfully violates these provisions, they must pay the amount of the relevant contribution or expenditure, plus interest, to the secretary of state.

The bill also expands the applicability of certain provisions to include city, town, school district, and village district elections, as indicated by the insertion of new language in RSA 664:1. It modifies the definition of "measure" in RSA 664:2, X, and clarifies the language regarding prohibited political expenditures in RSA 664:5. Furthermore, it establishes penalties for violations, making directors, officers, or members responsible for financial decisions jointly and severally liable for any amounts due. The act is set to take effect on January 1, 2027.

Statutes affected:
As Amended by the House: 664:1, 664:2, 664:4, 664:21
Version adopted by both bodies: 664:1, 664:2, 664:4, 664:21
CHAPTERED FINAL VERSION: 664:1, 664:2, 664:4, 664:21