SB 520 Summary

• Candidates for statewide office, general assembly, or municipal office in cities with population over 100,000 may file a sworn exemption statement to avoid filing disclosure reports if contributions and expenditures do not exceed $500 and no single contributor (other than the candidate) contributes more than $325.

• Exemption statement must be filed by the date set forth in section 130.046 and must include candidate acknowledgment that contribution and expenditure records must be maintained and that exemption from filing does not exempt from other provisions of campaign finance law.

• Candidates may reject the exemption by filing a notice of rejection no later than 30 days before election, at which point they must file a statement of organization and required disclosure reports.

• Candidates for supreme court, circuit court, associate circuit court, political party office, county office, municipal office in cities of 100,000 or less, or special purpose district office do not need to file an exemption statement if contributions and expenditures do not exceed $1,000 and no single contributor exceeds $325.

• Any candidate forming a committee (except debt service committee) must designate the office for which they are seeking nomination or election when filing to form the committee.