AN ACT relating to the portion of income tax liability contributed to a political party.

Summary

The bill amends state tax law so individuals with a minimum tax liability can designate $2 of their income tax to a political party, splitting the amount between the party’s local county official and the state party. It also creates an exemption from campaign‑finance reporting for candidates or committees that will raise or spend no more than $5,000 in an election, with fines for failure to file required forms. The provisions apply to taxable years beginning before January 1, 2026.

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