SB 87 - AS INTRODUCED
2001 SESSION
03/09
SENATE BILL 87
AN ACT relative to permissible campaign contributions by business organizations and labor unions.
SPONSORS: Sen. Below, Dist 5; Sen. Gordon, Dist 2; Sen. O'Hearn, Dist 12; Sen. Fernald, Dist 11; Sen. Cohen, Dist 24; Sen. Wheeler, Dist 21; Sen. Hollingworth, Dist 23; Sen. Pignatelli, Dist 13; Rep. F. Davis, Merr 12; Rep. Weatherspoon, Rock 20; Rep. Almy, Graf 14
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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
01-0399
03/09
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand One
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 New Paragraph; Political Expenditures and Contributions; Definitions; Segregated Accounts. Amend RSA 664:2 by inserting after paragraph XVII the following new paragraph:
XVIII. "Segregated account" means an account funded by contributions solicited from a business organization's, labor union's, or group of labor unions' employees, officers, shareholders, directors, partners, or members for political purposes.
2 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 RSA 664:4, I is repealed and reenacted to read as follows: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 independently of 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 who are employees, officers, shareholders, directors, partners, or members of the business organization. The provisions of this section shall not apply to sole proprietorships.
3 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 account 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.
4 Repeal. RSA 664:4, II, relative to prohibited political contributions by partnerships, is repealed.
5 Effective Date. This act shall take effect January 1, 2002.