North Dakota Senate Bill SB2315

North Dakota 2023-2024 Regular Session

• Introduced: 1/16/23
• Refer: 1/16/23
• Report DNP: 2/15/23

Caption

Campaign disclosure statements; and to provide a penalty.

Impact

The introduction of SB2315 would significantly impact existing campaign finance laws by tightening the rules surrounding disclosure of financial contributions. This change would require candidates and political committees to maintain meticulous records and submit regular disclosures to a designated regulatory body. Failure to comply with these regulations would lead to penalties that could deter future violations, thereby aiming to create a more accountable political funding environment.

Summary

SB2315 addresses campaign disclosure statements and introduces penalties for non-compliance. The bill aims to enhance transparency in political contributions by mandating that candidates and political committees provide detailed reports about their funding sources and expenditures. Proponents argue that greater transparency will help to restore public trust in the political process and ensure that voters are informed about who is financing political campaigns.

Contention

The discussion surrounding SB2315 reflects a division in opinions. Supporters believe that the increased scrutiny of campaign financing will address concerns about dark money in elections and enhance democratic participation. Conversely, critics argue that such regulations could place undue burdens on political candidates and smaller political organizations, potentially hindering their ability to compete effectively. There are also concerns regarding the potential for these regulations to infringe upon free speech, as financial contributions can be viewed as a form of political expression.

Voting_history

SB2315 faced challenges during the voting process, as evidenced by the results from the Senate Second reading on February 15, 2023, where it received 18 votes in favor but 28 against. This outcome highlights the contentious nature of campaign finance reform and suggests a significant divide among legislators regarding the approaches to enhancing political disclosure and accountability.