HB 241 – AS AMENDED BY THE HOUSE
02Jan2008… 2491h
2007 SESSION
03/09
HOUSE BILL 241
AN ACT relative to permissible campaign contributions by business organizations and labor unions.
SPONSORS: Rep. Splaine, Rock 16; Rep. Almy, Graf 11
This bill permits business organizations and labor unions to establish political committees.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
02Jan2008… 2491h
07-1025
03/09
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Seven
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; Business Organizations. RSA 664:4, I is repealed and reenacted to read as follows:
I. By any business organization, or by any officer, director, executive, agent, partner, or employee acting in behalf of such business organization. This shall not prohibit the establishment by a business organization of a political committee that operates as a separate entity from the business organization, provided that the committee’s expenditures and contributions are made through a separate, segregated account consisting only of voluntary contributions solicited from individuals. The provisions of this section shall not apply to sole proprietorships.
2 Political Expenditures and Contributions; Prohibited Political Contributions; Labor Unions; Segregated Account Exception. Amend RSA 664:4, III to read as follows:
III. 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. This shall not prohibit the establishment by a labor union or group of labor unions of a political committee that operates as a separate entity from the labor union or group of labor unions, provided that the committee’s expenditures and contributions are made through a separate, segregated account consisting only of voluntary contributions solicited from individuals.
3 Repeal. RSA 664:4, II, relative to prohibited political contributions by partnerships, is repealed.
4 Effective Date. This act shall take effect upon its passage.