summary
Introduced
02/17/2021
02/17/2021
In Committee
03/16/2021
03/16/2021
Crossed Over
03/10/2021
03/10/2021
Passed
Dead
03/20/2021
03/20/2021
Introduced Session
2021 Regular Session
Bill Summary
AN ACT RELATING TO CAMPAIGN FINANCE; AMENDING THE CAMPAIGN REPORTING ACT; REQUIRING A CONTRIBUTION TO BE DEPOSITED IN A SEGREGATED BANK ACCOUNT TO BE EXEMPT FROM THE INDEPENDENT EXPENDITURE REPORTING REQUIREMENTS.
AI Summary
This bill amends the Campaign Reporting Act to require a contribution to be deposited in a segregated bank account in order to be exempt from the independent expenditure reporting requirements. Specifically, the bill states that a contribution is exempt from reporting if the contributor requested in writing that the contribution not be used for independent or coordinated expenditures or to make contributions to a candidate, campaign committee, or political committee, and the contribution is deposited in a segregated bank account that is not used for those purposes.
Committee Categories
Justice
Sponsors (1)
Last Action
HJC: Reported by committee with Do Pass recommendation (on 03/16/2021)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nmlegis.gov/lcs/legislation.aspx?chamber=S&legtype=B&legno=387&year=21 |
| BillText | https://www.nmlegis.gov/Sessions/21%20Regular/bills/senate/SB0387.pdf |
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