Loading chat...

MO SB5

Bill

Status

Introduced

5/22/2017

Primary Sponsor

Rob Schaaf

Click for details

Origin

Senate

2017 1st Extraordinary Session

AI Summary

Senate Bill No. 5 Summary

  • Enacts the "Dark Money Disclosure Act" requiring disclosure of contributions and expenditures made through intermediaries to influence elections or support elected officials.

  • 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).

  • 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.

  • Allows $2,500 in annual membership dues to organizations to be withheld from public disclosure, protecting anonymous members of legitimate organizations.

  • 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

Committee Referrals

Rules, Joint Rules, Resolutions & Ethics5/24/2017

Full Bill Text

No bill text available