Sec. of State Maggie Toulouse is using her rulemaking authority over all persons, candidates, and committees covered by the Campaign Reporting Act by proposing a draft campaign finance rule.

Similar to Senate Bill 96, a bill vetoed by Gov. Susana Martinez after the 2017 regular session, the proposed rule requires groups spending more than $1,000 for political advertising to file a report detailing the expense and the name and address of each contributor of more than $200 in the previous 12 months earmarked or made in response to a solicitation. If passed, the rule will become effective October 3, 2017.

The notice and proposed rule are available at http://www.sos.state.nm.us/Elections_Data/notice-of-proposed-rulemaking.aspx.