What are the rules regarding campaign finance disclosures?

The rules concerning campaign finance disclosures in New Mexico are quite specific. All candidates for public office, as well as all political action committees (PACs) and political parties, must register with the Secretary of State prior to raising or spending any money related to the election. Additionally, these entities must file campaign finance disclosure reports on a regular basis. In New Mexico, any candidate who raises or spends more than $500 is required to file a disclosure report. PACs and political parties must also file reports if they raise or spend more than $100. The New Mexico Campaign Reporting Act requires that these reports provide detailed information on the income and expenditures of the entity. Candidates are required to disclose the names of their contributors, as well as the amount of money each donor gave. PACs and political parties must also disclose the names of donors and the amounts they gave. Finally, all disclosure reports must be filed on a timely basis. For candidates, reports must be filed within 10 days following the end of the reporting period, while PACs and political parties must submit their reports within 14 days. It is important for all entities to comply with these rules to ensure transparency in the election process.

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What are the rules regarding campaign finance disclosures?

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