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Vermont House Bill 734 establishes financial transparency and reporting requirements for political advocacy nonprofits

Original title: An act relating to nonprofit transparency in lobbying and elections

Last action · January 21, 2026: Read first time and referred to the Committee on Government Operations and Military AffairsSponsor: Michael Boutin

Introduced
Committee
Floor Vote
Passed
Law

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What This Bill Would Do

Vermont H.734 requires nonprofit s spending over $10,000 annually on state-focused issue advocacy or to file quarterly reports disclosing large donors, expenditures, and affiliated entities. The bill creates a new legal category called "advocacy organizations" and mandates biannual financial audits for those earning over $1 million per year.

Why it matters

Nonprofit entities engaging in public policy debates or election advocacy in Vermont must publicly disclose major financial contributors who give over $1,000 and include specific disclaimers on public communications.

Background
  • Michael Boutin serves as a member of the Vermont House of Representatives representing Barre City. context
  • The Vermont General Assembly is the state's bicameral legislature responsible for enacting state laws. context

Who It Would Affect

Groups the bill's text would affect if enacted, as described in the record. Being affected is not a position for or against it.

Directly affected

Advocacy organizations and 501(c) nonprofits

Must comply with quarterly reporting of major donors and expenditures, include required disclaimers on public communications, and conduct biannual audits if revenues exceed $1 million.

Directly affected

Secretary of State

Must design and make available reporting forms, and receive quarterly reports and financial audits from advocacy organizations.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

What triggers the new quarterly reporting requirements for a nonprofit?
A nonprofit tax-exempt entity becomes subject to the reporting requirements if it spends more than $10,000.00 annually on Vermont-focused issue advocacy or .
What information must be included in the quarterly reports filed with the Secretary of State?
Reports must list total expenditures on advertisements, mailers, digital media, and canvassing; donors who contributed over $1,000.00 during the period; and the names of any affiliated entities.
Are financial audits required for all advocacy organizations under H.734?
No, financial audits are required only for s that either receive or earn annual revenue exceeding $1,000,000.00, and they must be conducted biannually.

What else do you want to know?

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Where This Stands

Currently in committee. The next step in the legislative lifecycle is Floor Vote.

Procedural history

1 action
  1. Jan 21, 2026HouseIntroduced
    Read first time and referred to the Committee on Government Operations and Military Affairs

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

Lobbying Activity

No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.

Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Sponsors

Discoveries

1 pattern noticed across the record

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift95% confidence

Expansion of Lobbying Definitions

The bill creates specialized reporting categories for 501(c) nonprofits engaging in issue advocacy above a $10,000 floor, moving beyond traditional political action committee regulations.

Connected Entities

Vermont, Barre City, Secretary of State and 2 more
locationVermont“State jurisdiction where the law applies”Map →
locationBarre City“Represented by the bill's sponsor”Map →
OrganizationSecretary of State“Receives quarterly reports and audit results, and designs required forms”Map →
PersonMichael Boutin“Representative from Barre City who introduced the bill”Map →
OrganizationGeneral Assembly“The legislative body enacting the bill”Map →

Sources

Open source document

legislature.vermont.gov

Analysis Score

0–100
  • Significance65
    How much this matters to a regular citizen
  • Controversy60
    Intensity of disagreement among stakeholders
  • Entertainment10
    Compellingness for a non-policy-wonk reader
  • Buzz40
    Current news / social attention level

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