-Defines "advocacy advertising" as any communication during an election cycle that clearly identifies by name, image or voice of, any candidate for elective office (Sec. 48).
-Defines "political advertising'' as any communication which explicitly or implicitly advocates the success or defeat of any party, measure, or person at any election (Sec. 48).
-Specifies that all political advertising and/or advocacy shall indicate the name of the corporation, if any, having paid for it and that the president or chief executive officer shall sign his or her name and address (Sec. 48).
-Requires any corporation, domestic or foreign, engaging in political advertising or advocacy advertising in New Hampshire to file a statement with the New Hampshire secretary of state, corporate division, that the corporation is engaging in either political advertising or advocacy advertising (Sec. 48).
-Requires the corporation to attach to the statement a vote of the board of directors of the corporation authorizing the president of the corporation to expend corporate funds for the purpose of paying for political advertising and/or advocacy advertising (Sec. 48).
-Specifies that a violation of this provision shall result in a civil penalty of up to $250 per violation and that any candidate or voter may take a complaint in writing to the attorney general of any violation of this provision (Sec. 48).
-Specifies that any candidate or opposing candidate of a candidate who is referred to in advocacy advertising or political advertising, may have a private right of action to enforce these provisions by filing a petition with the Merrimack County superior court requesting an injunction to enjoin further political advertising or advocacy advertising until the required statements have been filed with the secretary of state, corporate division (Sec. 48).
-Establishes a committee to review the effects on New Hampshire elections of the Supreme Court decision Citizens United v. Federal Election Commission. Also requires this committee to report its findings and any recommendation for proposed legislation to the president of the senate, the speaker of the House of Representatives, the Senate Clerk, the House Clerk, the Governor and the state library (Sec. 54).