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1 New Paragraph; Prohibited Political Contributions; Business Organizations. Amend RSA 664:4 by inserting after paragraph I the following new paragraph:
I-a. 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 independently of the business organization, provided that 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 the business organization. The provisions of this paragraph 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.
3 Repeal. RSA 664:4, II, relative to prohibited political contributions by partnerships, is repealed.
4 Effective Date. This act shall take effect January 1, 2022.
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1 New Paragraph; Prohibited Political Contributions; Business Organizations. Amend RSA 664:4 by inserting after paragraph I the following new paragraph:
I-a. 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 independently of the business organization, provided that 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 the business organization. The provisions of this paragraph 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 independently of the labor union or group of labor unions, provided that 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 the labor union or group of labor unions.
3 Repeal. RSA 664:4, II, relative to prohibited political contributions by partnerships, is repealed.
4 Effective Date. This act shall take effect January 1, 2022.