This bill amends existing campaign finance laws to increase the reporting thresholds for political committees regarding campaign donations. Specifically, it raises the aggregate donation limit for contributors whose personal identifying information is exempt from public disclosure from $50 to $200. Additionally, it increases the threshold for reporting individual contributions from $200 to $1,000. The bill also stipulates that any receipts from contributors who donate $200 or less will be categorized as unitemized receipts, while contributions exceeding this amount must include additional identifying information about the contributor, such as their occupation and employer.
Furthermore, the bill modifies the limits on campaign donations made at public events, raising the maximum individual donation from $25 to $50, and the expectation for total donations from $50 to $200 over the campaign cycle. These changes aim to streamline the reporting process for political committees while providing greater privacy for smaller contributors. The act is set to take effect 60 days after its passage.
Statutes affected: Introduced: 664:6
SB405 text: 664:6