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MO HB2450
Bill
Status
2/1/2016
Primary Sponsor
Lauren Arthur
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AI Summary
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Establishes campaign contribution limits effective January 1, 2017: $5,000 for statewide offices (governor, lieutenant governor, secretary of state, treasurer, auditor, attorney general), $1,500 for state senator, and $750 for state representative
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Caps annual contributions to any political party committee at $32,400 per contributor, with contribution limits adjusted for inflation every odd-numbered year based on the consumer price index
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Requires electronic reporting to the Missouri Ethics Commission within 48 hours for contributions of $2,000 or more (reduced from previous $5,000 threshold)
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Mandates 48-hour reporting of contributions of $500 or more to legislators and statewide officeholders during legislative sessions or while legislation awaits gubernatorial action
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Imposes a surcharge of $1,000 plus the contribution amount for accepting or giving contributions exceeding the limits, with the candidate and treasurer personally liable for payment
Legislative Description
Modifies the laws relating to campaign finance
Last Action
Referred: Government Oversight and Accountability(H)
4/12/2016