HB 876 -- Labor Organizations Sponsor: Hunter This bill requires labor unions not covered by 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.Copyright (c) Missouri House of Representatives