ND SB2346

Changes terminology throughout campaign finance law from "person" to "individual" in definitions of candidates and related provisions.

Modifies corporate and association contribution rules to allow independent expenditures for political purposes while maintaining prohibition on direct contributions for political purposes.

Requires corporations, cooperatives, limited liability companies, and associations to file statements within 48 hours disclosing contributions or independent expenditures, with specified reporting requirements.

Reduces penalty for campaign finance violations from 5 percent to 2 percent of aggregate contributions and expenditures found in violation, or audit costs, whichever is greater.

Elevates criminal penalty for willfully violating campaign finance provisions from an infraction to a class A misdemeanor, and repeals subsection 1 of section 16.1-08.1-03.3.