HCS HB 1465 -- LABOR ORGANIZATIONS
SPONSOR: Hunter
COMMITTEE ACTION: Voted "do pass" by the Committee on Workforce
Development and Workplace Safety by a vote of 7 to 6.
This substitute requires labor unions not subject to the federal
Labor Management Reporting and Disclosure Act to publicly
disclose information concerning their finances. Labor unions are
required to disclose:
(1) Assets including cash, accounts receivable, loans
receivable, United States treasury securities, investments, and
other assets;
(2) Liabilities including accounts payable, loans payable,
mortgages, and other liabilities;
(3) Cash receipts from sources including dues, fees, sales,
interest, rent, and dividends;
(4) Cash disbursements including negotiation, administration,
organization, lobbying, political, benefits, overhead, gifts, and
contributions; and
(5) Membership status including active, inactive, associate,
apprentice, retired, and others.
Fines and penalties for noncompliance are specified.
These provisions mirror the federal Lundrum-Griffin Act.
FISCAL NOTE: Estimated Cost on General Revenue Fund of $0 in
FY 2007, $0 to Unknown in FY 2008, and $0 to Unknown in FY 2009.
Unknown expected to be less than $100,000. No impact on Other
State Funds in FY 2007, FY 2008, and FY 2009.
PROPONENTS: Supporters say that the bill provides union members
with a clear, in-depth view of all union expenditures, debts,
income sources, and the financial status of their pensions.
Testifying for the bill were Representative Hunter; and
Associated Industries of Missouri.
OPPONENTS: Those who oppose the bill say that this required
information is already provided to the federal government, making
the bill's requirements redundant.
Testifying against the bill were Missouri AFL-CIO; United
Steelworkers of America, District 11; Communications Workers of
America; United Auto Workers, Missouri State Cap Council;
Missouri State Council of Firefighters; Joe Schulte, United
Steelworkers-Local 11-6; and Associated Grocers.
Roland Tackett, Legislative Analyst
Copyright (c) Missouri House of Representatives

Missouri House of Representatives
93rd General Assembly, 2nd Regular Session
Last Updated November 29, 2006 at 9:43 am