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OK SB1745
Bill
AI Summary
SB 1745 Summary
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Creates the "Local Government Campaign Finance and Financial Disclosure Act" establishing uniform statewide campaign finance and financial disclosure requirements for county, municipal, technology center district, and independent school district elections.
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Requires campaign committees and political committees for county and municipal offices to file statements of organization and reports of contributions/expenditures with county election boards or municipal clerks, following the same rules as state-level ethics filings.
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Applies to municipalities with population over 10,000 and general fund budgets exceeding $10,000,000; applies to all technology center districts and independent school districts.
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Mandates candidates for county, municipal, and school district offices file notarized statements of financial interests as public records maintained for four years (or posted on local websites).
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Establishes the Ethics Commission's Political Subdivisions Enforcement Division to enforce compliance, with authority to assess late filing penalties up to $1,000 per statement and creates a Political Subdivisions Enforcement Fund for related expenses.
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Repeals the former Political Subdivisions Ethics Act (51 O.S. 2011, Sections 301-325); effective January 1, 2015.
Legislative Description
Local Government Campaign Finance and Financial Disclosure Act; providing for regulation of county, city and school district office campaigns. Effective date.
Elections
Last Action
Approved by Governor 05/19/2014
5/19/2014