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ND SB2312

Bill

Status

Introduced

1/16/2023

Primary Sponsor

Jeffery Magrum

Click for details

Origin

Senate

68th Legislative Assembly

AI Summary

  • 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.

  • 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.

  • 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.

  • 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.

  • 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

Committee Referrals

State and Local Government1/16/2023

Full Bill Text

No bill text available