Revision: Dec. 10, 2009, midnight
HB 1367-FN – AS INTRODUCED
2010 SESSION
03/09
HOUSE BILL 1367-FN
AN ACT relative to permissible campaign contributions by business organizations and labor unions.
SPONSORS: Rep. Splaine, Rock 16; Rep. McEachern, Rock 16; Rep. Nixon, Hills 17; Rep. Comerford, Rock 9; Sen. D'Allesandro, Dist 20
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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
10-2412
03/09
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Ten
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 RSA 664:4, I is repealed and reenacted to read as follows: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.
LBAO
10-2412
10/15/09
HB 1367-FN - FISCAL NOTE
AN ACT relative to permissible campaign contributions by business organizations and labor unions.
FISCAL IMPACT:
The Legislative Budget Assistant has determined that this legislation has a total fiscal impact of less than $10,000 in each of the fiscal years 2010 through 2014.