Revision: March 21, 2024, 2:26 p.m.
HB 1147 - AS AMENDED BY THE HOUSE
21Mar2024... 0638h
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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
21Mar2024... 0638h 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, II to read as follows:
II.(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 II(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 RSA 664:4, I, relative to prohibited political contributions of partnerships, is repealed.
3 Effective Date. This act shall take effect 60 days after its passage.