HB 1496 Summary

• Adds "Contributions" as a new expenditure category in campaign finance reporting requirements alongside existing categories of advertising, loan repayment, operations, travel, and miscellaneous.

• Requires candidates, candidate committees, multicandidate committees, and nonstatewide political parties to report aggregated expenditures over $200 made in support of or opposition to candidates, political committees, or ballot measures in pre-election and year-end disclosure statements.

• Requires supplemental disclosure statements within 48 hours for expenditures exceeding $500 made in support of or opposition to candidates, political committees, or ballot measures during the 39 days before an election.

• Creates new section 16.1-08.1-02.5 establishing separate, detailed campaign finance disclosure requirements specifically for statewide political parties, including contribution and expenditure reporting thresholds.

• Mandates candidates use dedicated campaign accounts separate from personal accounts to ensure accurate reporting and prevent commingling of campaign and personal funds.