Bill > HB1377

This bill comprehensively updates North Dakota's campaign finance and disclosure laws by creating a new chapter (16.1-08.2) to replace the existing chapter on campaign disclosure statements. The bill introduces detailed definitions and requirements for political contributions, expenditures, and reporting, including provisions for various types of political entities such as candidates, political committees, and state political parties. Key provisions include mandating electronic filing of campaign disclosure statements, establishing reporting thresholds for contributions and expenditures (initially set at $200, with provisions for future inflation adjustments), and requiring detailed disclosure of contribution sources, including name, location, and for larger contributions, information about the contributor's occupation and employer. The bill also establishes penalties for violations, such as late filing fees and potential misdemeanor charges, and creates special reporting requirements for different types of political entities like measure committees and political parties. Additionally, the bill clarifies rules about political advertising, requiring clear disclosure of who is paying for political advertisements, and sets restrictions on contributions from foreign nationals and corporate entities. The new law aims to increase transparency in campaign financing by providing more comprehensive and accessible information about political contributions and expenditures.