HB1201

New Hampshire HB1201 mandates political committees exempt from federal taxation to disclose their donors.

New Hampshire HB1201 amends state law to require certain political committees to disclose the identity of their donors. Specifically, any political committee exempt from federal taxation under sections 501(c)(4), 501(c)(5), or 501(c)(6) of the Internal Revenue Code must disclose their donors in their itemized statement of receipts. If these committees choose not to disclose their donors, they must include a notice stating their exemption under federal law and their decision not to disclose donors. This act will take effect 60 days after its passage.