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MO SB5
Bill
Status
5/22/2017
Primary Sponsor
Rob Schaaf
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AI Summary
Senate Bill No. 5 Summary
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Enacts the "Dark Money Disclosure Act" requiring disclosure of contributions and expenditures made through intermediaries to influence elections or support elected officials.
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Requires organizations not registered as political committees that accept "covered transfers" and make reportable outlays of $5,000 or more to file reports with the Missouri ethics commission within 14 days of reaching the threshold (48 hours if within 30 days of an election).
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Mandates disclosure of original sources of funds when a person contributes more than $5,000 to support/oppose a candidate or ballot measure, including identification of intermediaries and fund flows.
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Allows $2,500 in annual membership dues to organizations to be withheld from public disclosure, protecting anonymous members of legitimate organizations.
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Requires the Missouri ethics commission to maintain a searchable online database updated weekly with all reported information, and assesses late filing fees of $100 per day (capped at $5,000 per report) for non-compliance.
Legislative Description
Establishes the Dark Money Disclosure Act
Last Action
Second Read and Referred S Rules, Joint Rules, Resolutions and Ethics Committee
5/24/2017