HCS SB 57 -- CAMPAIGN FINANCE
SPONSOR: Nodler (May)
COMMITTEE ACTION: Voted "do pass" by the Committee on Elections
by a vote of 9 to 1.
Under current campaign finance disclosure laws, certain
candidates are required to file campaign finance disclosure
reports with both the Missouri Ethics Commission and the
candidate's election authority. This substitute eliminates the
requirement of filing those reports with the election authority
if the reports have been filed electronically with the commission
and the candidate has filed a declaration with the election
authority that electronic filing will be used exclusively.
The substitute also requires a Governor-elect to form a
gubernatorial inaugural committee, which will be subject to all
the requirements of the campaign finance disclosure laws. No
public funds may be spent on a gubernatorial inaugural activity
until the committee is formed, and any funds remaining in the
committee's account will escheat to the state.
FISCAL NOTE: Not available at time of printing.
PROPONENTS: Supporters say that the bill simplifies things and
eliminates an undue burden.
Testifying for the bill was Senator Nodler.
OPPONENTS: There was no opposition voiced to the committee.
Julie Jinkens McNitt, Legislative Analyst
Copyright (c) Missouri House of Representatives

Missouri House of Representatives
Last Updated July 25, 2003 at 10:13 am