Bill > HB1083

This bill requires increased transparency in political campaign donations by mandating that any person or entity making independent expenditures above certain monetary thresholds must disclose the original sources of their funding. Specifically, for state-level elections in New Hampshire, if an individual or organization spends more than $500,000 to support or oppose a gubernatorial candidate, or more than $50,000 in aggregate for candidates for executive council, state senate, or state representative, they must file an itemized statement with the Secretary of State. The bill defines "original source" as the specific person or business organization that initially contributed the funds. This disclosure requirement aims to provide voters with more information about the financial backing behind political campaigns by revealing the ultimate sources of significant campaign spending. The bill will take effect 60 days after its passage, and the Department of State estimates it will cost approximately $50,000 to update the electronic campaign finance reporting system to accommodate these new disclosure requirements.

Government Affairs

https://gc.nh.gov/bill_Status/billinfo.aspx?id=1790&inflect=2