North CarolinaCampaign donors would disclose money sources to donation filers
Covered campaign donation filers would report money’s original source and transfer history, while donors would have to pass that information along.
What it does
Covered filers would report who originally supplied donated money, how much came from each source, and who passed it along. Small political committees within the stated per-person limit are excepted.
People and groups donating to covered filers would have to tell them who originally supplied the money, how much came from each source, and who passed it along earlier.
Argument forVoters may be able to see who first supplied reported campaign money and who passed it along before it reached a filer.
Argument againstDonors and covered filers may need to trace and share money’s source and transfer history, which could add work when funds pass through several people.
More detail
A filer covered by either reporting rule would disclose the original source and amount of donated funds, along with any people or groups that transferred them. The rule covers filers reporting donations under G.S. 163-278.12(h) or G.S. 163-278.12C(e). A political committee that receives no more than $6,800, or the amount set under G.S. 163-278.13, from any one person in an election is excepted. An original source means an individual whose funds come from wages, investment income, or a bequest, or a person contributing money received through ordinary commercial transactions. The rule would apply to donations made on or after the act becomes law.
A person or group donating to a covered filer would tell the filer the original sources, amounts, and earlier transferors of the money. The duty applies to any person or group donating in an election to a person or group required to report under either subsection. This duty applies when the recipient is required to report donations under either subsection. The rule would apply to donations made on or after the act becomes law.
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Jun 8Passed 1st ReadingLatest
- Jun 8Ref To Com On Rules and Operations of the SenateMinor
- Jun 4FiledIntroduced
Government & Ethics