SB 0766 Regulates inaugural and congressional reapportionment committees and provisions of campaign finance disclosure law
Sponsor:Steelman
LR Number:2470S.04C Fiscal Note:2470-04
Committee:Financial and Governmental Organization
Last Action:05/17/02 - S Inf Calendar S Bills for Perfection Journal page:
Title:SCS SBs 766, 1120 & 1121
Effective Date:August 28, 2002
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Current Bill Summary

SCS/SBs 766, 1120 and 1121 - This act establishes certain requirements for committees formed to receive contributions or make expenditures for inaugural activities on behalf of a person elected to serve in a state-wide office.

Such committees must file various reports with the Missouri Ethics Committee for the duration of the committee's existence. Committees must file a statement of organization, disclosure reports which itemize receipts, expenditures, and indebtedness incurred by the committee, and a termination statement upon dissolution.

Committees shall maintain detailed and accurate records and accounts. Disclosure reports shall be filed within thirty days after the statement of organization is filed. Subsequent reports shall be filed every six months.

This act establishes certain requirements for committees formed to receive contributions or make expenditures with the purpose of influencing the Congressional apportionment decisions.

Such committees must file various reports with the Missouri Ethics Commission for the duration of the committee's existence. Committees must file a statement of organization, disclosure reports which itemize receipts, expenditures, and indebtedness incurred by the committee, and a termination statement upon dissolution.

Committees shall maintain detailed and accurate records and accounts. Disclosure reports shall be filed within thirty days after the statement of organization is filed. Subsequent reports shall be filed every thirty days.

This act removes the requirement that a candidate who files a statement of exemption from certain campaign finance organization and disclosure requirements must also file a statement of limited activity for each reporting period.

The act also authorizes debt service committees to exist for the length of the term office for which the individual was a candidate. Under current law, a debt service committee can only exist for 18 months.

An additional disclosure report is not required for committees accepting contributions or making expenditures for candidates seeking office in a special election occurring after January 1, 1999.
JIM ERTLE