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MO SB1113
Bill
AI Summary
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Repeals and replaces Section 130.041 RSMo to expand campaign finance disclosure requirements for continuing committees and non-committee persons making expenditures or "covered transfers" aggregating $2,000 or more since the last general election in support of or opposition to candidates or ballot measures
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Requires filing within 14 days of making expenditures/covered transfers totaling $500 or more (or within 48 hours if made within 30 days of an election), including contributor information, organizational leadership details, and a two-year lookback on receipts
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Defines "covered transfer" broadly to include payments where the transferor designates funds for expenditures, responds to solicitations for such purposes, discusses expenditure-making with recipients, or knows the recipient made/will make $10,000+ in expenditures over a two-year period
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Mandates multi-tier disclosure tracing contributions through intermediary organizations: contributors over $300 to reporting person, contributors over $2,000 to those entities, and contributors over $5,000 to the next level, plus names of owners/officers at each tier
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Prohibits transfers designed to avoid disclosure of contributor identity, authorizes the Missouri Ethics Commission to promulgate rules ensuring original source disclosure, and adjusts dollar thresholds biennially based on consumer price index starting January 1, 2017
Legislative Description
Creates new provisions of law relating to financial disclosure under campaign finance laws
Last Action
Second Read and Referred S Rules, Joint Rules, Resolutions and Ethics Committee
3/3/2016