State Campaign Finance Laws Strengthened By Bi-Partisan Passage Of Sbl 3 In House Of Representatives

by Reporter / Mar 11, 2019 / 0 comments

State Campaign Finance Laws Strengthened By Bi-Partisan Passage Of Sbl 3 In House Of Representatives

SANTA FE – On Saturday, the New Mexico House of Representatives moved the state one step closer to a more transparent and accountable campaign finance system with their passage of Senate Bill 3 on a 48-17 vote. The bill passed the Senate 36-6 earlier in the 2019 Legislative Session and now must go to a conference committee in order to reconcile the bill after amendments were added in the House.

“This bill will give the public a better understanding of who is trying to influence our elections by providing more transparency and accountability in campaign finance reporting,” said Secretary of State Maggie Toulouse Oliver.

Senate Bill 3 revises the Campaign Reporting Act (CRA) to provide clear guidance to individuals and entities who report campaign finance expenditures to the Secretary of State’s Office, in addition to fixing an unconstitutional provision in the CRA and defining terms like “independent expenditures.” Senate Majority Leader Peter Wirth has sponsored similar versions of this bill in previous legislative sessions, most recently in 2017 when his Senate Bill 96 passed the Senate and the House of Representatives but was vetoed by then-Governor Susana Martinez.

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