HB 1147  - AS INTRODUCED

 

 

2024 SESSION

24-2135

08/02

 

HOUSE BILL 1147

 

AN ACT relative to permissible campaign contributions by business organizations and labor unions.

 

SPONSORS: Rep. Read, Rock. 10; Rep. DiLorenzo, Rock. 10; Rep. Phinney, Straf. 9; Rep. Gerhard, Merr. 25

 

COMMITTEE: Election Law

 

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ANALYSIS

 

This bill requires business organizations and labor unions to make political contributions through segregated funds.

 

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

24-2135

08/02

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Twenty Four

 

AN ACT relative to permissible campaign contributions by business organizations and labor unions.

 

Be it Enacted by the Senate and House of Representatives in General Court convened:

 

1  Political Expenditures and Contributions; Prohibited Political Contributions; Segregated Account Exception.  Amend RSA 664:4, III to read as follows:

III.(a)  By any labor union or group of labor unions, or by any officer, director, executive, agent or employee acting in behalf of such union or group of unions; or by any organization representing or affiliated with any such union or group of unions, or by any officer, director, executive, agent or employee acting in behalf of such organization; or by any business organization, or by any officer, director, executive, agent, partner, or employee acting in behalf of such business organization. The provisions of this paragraph shall not apply to sole proprietorships.

(b)  Nothing in this paragraph shall prohibit the establishment, by any union or organization that is subject to subparagraph III(a), of a political committee that operates independently of such union or organization, provided the committee's expenditures and contributions are made through a separate, segregated fund consisting only of voluntary contributions solicited from individuals who are employees, officers, shareholders, directors, partners, or members of such union or organization.

2  Repeal.  RSA 664:4, II, relative to prohibited political contributions of partnerships, is repealed.

3  Effective Date.  This act shall take effect 60 days after its passage.