SB 1038 -- CAMPAIGN FINANCE

This bill changes the laws regarding campaign finance.  In its
main provisions, the bill:

(1)  Repeals Section 130.032, RSMo, regarding campaign
contribution limits for certain candidates running for office;

(2)  Limits individual contributions to a candidate for statewide
elected office, judge, member of the General Assembly, or certain
municipal offices to $325 as it relates to the exemption to
filing requirements.  The filing of a statement of organization
or disclosure reports is not required if contributions and
expenditures for a single election are less than $500 and no one
person makes a contribution of more than $325;

(3)  Requires individuals and committees to file electronic
campaign disclosure reports with the Missouri Ethics Commission
within 48 hours of receiving a contribution exceeding $5,000;

(4)  Requires legislative and senatorial district committees to
retain a single address in their district for receipt of
contributions and requires campaign treasurers to reside in the
district or county where the committee sits;

(5)  Requires out-of-state committees that make contributions
involving Missouri candidates or election issues to report the
names of their contributors even if contributions to the
out-of-state committee were not made for the purpose of
influencing any particular election; and

(6)  Changes the penalty for improperly reporting campaign
contributions and expenditures to the commission from twice the
amount of the incorrect contribution or expenditure up to $5,000
to a penalty equal to the amount of the improperly reported
contribution or expenditure with no maximum cap.

Missouri House of Representatives
94th General Assembly, 2nd Regular Session
Last Updated October 15, 2008 at 3:13 pm