Bill > HB673

This bill revises donor privacy laws for contributions to certain tax-exempt political organizations, specifically those designated under section 501(c)(4) of the Internal Revenue Code. The legislation introduces a new term, "C4 donor," which refers to individuals contributing money to 501(c)(4) organizations, and provides privacy protections for donors who contribute less than $1,000. Under the new provisions, the identity of C4 donors making contributions under $1,000 will remain confidential and will not be subject to disclosure requirements in campaign finance reporting. The bill amends several sections of Montana Code Annotated, modifying definitions and reporting rules to implement these donor privacy protections. Specifically, the changes affect how candidates, ballot issue committees, political party committees, independent committees, and incidental committees must report contributions, replacing existing lower contribution disclosure thresholds with a $1,000 threshold for C4 donors. This legislation aims to provide additional anonymity for smaller political donors while maintaining transparency for larger contributions.

Government Affairs

https://bills.legmt.gov/#/laws/bill/2/LC4127