NC H2013

Authorizes the 2009 General Assembly to consider legislation responding to the Citizens United v. FEC Supreme Court decision by implementing campaign finance regulations similar to Iowa's approach.

Requires reporting of the fair market value of all in-kind contributions and detailed reporting within 48 hours of any independent expenditure exceeding $750 in the aggregate.

Mandates that independent expenditures by organizations exceeding $750 must be approved by a majority of the organization's board of directors or similar governing body.

Prohibits the same advertising firm or consultant from working for both an entity making independent expenditures and the candidate or referendum committee benefiting from that expenditure.

Prohibits foreign nationals and foreign corporations from making independent expenditures and repeals North Carolina's bans on corporate and union independent expenditures that were struck down as unconstitutional in Citizens United v. FEC.