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MO HB108
Bill
Status
3/7/2011
Primary Sponsor
Michael Corcoran
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AI Summary
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Requires agents receiving contributions for committees to provide accounting details within 30 days instead of 5 days, and allows contributions to be held in agent accounts for up to 30 days instead of 5 days before transfer to the committee.
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Modifies political action committee contribution rules to allow them to receive contributions and permits candidate committees to purchase items like tickets, advertising, and educational materials from political action committees.
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Maintains restrictions on cash contributions exceeding $100 per transaction and establishes penalties for concealing contribution sources, with escalating punishments from notification for first violation to class D felony for third and subsequent violations.
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Requires all committees to file campaign financial disclosure reports electronically with the Missouri ethics commission beginning January 1, 2011.
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Establishes detailed record-keeping requirements for contributions and expenditures, including segregated records for committees supporting multiple candidates or ballot measures, with records preserved for at least three years.
Legislative Description
Changes the laws regarding contributions to political action committees
Last Action
Reported to the House with... (S)
4/19/2011