Governor Matt Mead has signed a campaign finance bill to increase contribution limits and decrease criminal penalties for violations. House Bill 187 increases contribution limits to $2,500 per candidate for statewide office and to $1,500 per candidate for non-statewide office. Currently, the limit is $1,000 for both statewide and non-statewide campaigns.

The bill also increases the total individual contribution limit from $25,000 to $50,000 per two-year election cycle. Contributions from PACs, currently unlimited, will be limited to $7,500 per candidate for statewide office and $3,000 per candidate for non-statewide office.

The penalty for a first violation of the limits will drop from $10,000 to $5,000 and filing a false report will no longer be a felony. The bill becomes effective January 1, 2015.