May 4, 2011 •
New Expenditure Report Coming for Politically Active Corporations in North Dakota
Governor Jack Dalrymple has signed Senate Bill 2073 into law.
The legislation, effective August 1, 2011, requires corporations making independent expenditures relating to ballot measures to file a report including the company’s name, the measure supported or opposed, and the monetary amount of the expenditure made.
This report, known as a “direct expenditure statement,” is due within 48 hours of making such an expenditure.
Photo of Governor Dalrymple courtesy of the North Dakota Office of the Governor website.
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