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Bill > HB546


NH HB546

Relative to financial disclosures and the public reporting of those disclosures by the secretary of state.


summary

Introduced
01/14/2025
In Committee
05/08/2025
Crossed Over
03/28/2025
Passed
Dead
05/15/2025

Introduced Session

2025 Regular Session

Bill Summary

This bill requires public officials to file financial disclosure forms for contributions of $1,000 or more and mandates that candidates with receipts exceeding $1,000 file monthly receipt statements, with the secretary of state preparing monthly summaries for the legislative ethics committee.

AI Summary

This bill enhances financial transparency for public officials and political candidates in New Hampshire by introducing several new reporting requirements. For state legislators, the bill mandates that they file an additional financial disclosure form within 30 days of receiving contributions of $1,000 or more from any industry or political action committee, supplementing their existing requirement to file an initial form at the start of each legislative biennium. For candidates running for state or county offices, the bill requires registration through the secretary of state's online campaign finance system and monthly reporting of campaign receipts if their total receipts exceed $1,000 in an election cycle. Moreover, the secretary of state is now obligated to prepare and submit monthly summaries of these individual candidate reports to the legislative ethics committee, creating a more frequent and detailed mechanism for tracking campaign finances. These new provisions aim to increase transparency and provide closer monitoring of financial contributions and campaign receipts, allowing for better oversight of potential conflicts of interest or undue financial influence in the state's political processes. The bill will take effect 60 days after its passage.

Committee Categories

Government Affairs

Sponsors (4)

Last Action

Inexpedient to Legislate, Motion Adopted, Voice Vote === BILL KILLED ===; 05/15/2025; Senate Journal 13 (on 05/15/2025)

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