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ND SB2312
Bill
Status
1/16/2023
Primary Sponsor
Jeffery Magrum
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AI Summary
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Creates new requirement for political committees (state and federal registered) to file disclosure statements with North Dakota Secretary of State within 48 hours of making any expenditure exceeding $5,000.
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Disclosure statements must include recipient name, purpose of expenditure, amount, support/opposition designation, and list of all subcontributors donating over $1,000 with their names, addresses, and contribution amounts.
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Requires additional disclosure statements for each subsequent $5,000 increment in expenditures, with statements signed and attested as true and complete by the individual completing them.
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Amends independent expenditure provisions for corporations and political committees to require disclosure of "ultimate and true source of funds" from contributors and subcontributors donating over $200, including names, addresses, amounts, and contribution dates.
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Exempts candidate committees from large expenditure disclosure requirements.
Legislative Description
Independent expenditures; and to provide a penalty.
Last Action
Second reading, failed to pass, yeas 19 nays 25
2/10/2023