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NM HB103

NM HB103
Campaign Reporting Act Changes


summary

Introduced
01/19/2023
In Committee
02/07/2023
Crossed Over
02/15/2023
Passed
Dead
03/18/2023

Introduced Session

2023 Regular Session

Bill Summary

Campaign Reporting Act Changes

AI Summary

This bill amends the Campaign Reporting Act in New Mexico. The key provisions are: 1. It changes the reporting deadlines for campaign finance disclosure reports from the second Monday in April and October to the second Tuesday after the first Monday in June and January 7. 2. It adds a new requirement for reporting individuals subject to the legislative session fundraising prohibition to file a report of any monetary contributions received but not returned during the prohibited period within 7 days after the end of the prohibited period. 3. It requires all reporting individuals, except for those who file a statement of no activity, to file campaign finance reports regardless of whether any expenditures were made or contributions received during the reporting period. 4. It allows political committees that have not received contributions or made expenditures for at least a year to cancel their registration with the Secretary of State. 5. It requires all campaign finance reports to be filed electronically, with an exception for reporting individuals who can demonstrate hardship.

Committee Categories

Government Affairs

Sponsors (2)

Last Action

Sent to SRC - Referrals: SRC/SJC (on 02/15/2023)

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