|SB 0440||Modifies Law Pertaining to Campaign Contributions|
|Last Action:||05/15/95 - S Inf Calendar S Bills for Perfection w/SA 3 (Pending)|
|Effective Date:||August 28, 1995|
SB 440 - This act amends Chapter 130, RSMo, which pertains to disclosure of campaign contributions. The act revises conflicting provisions of SB 650, enacted in 1994 and those of Proposition A, adopted by the voters in November, 1994 pertaining to limits on campaign contributions. The act repeals the contribution limits contained in both SB 650 and Proposition A and establishes contribution limits of $100, $200 or $300 per election, depending on district size, on all contributors other than natural persons. In addition, the act repeals the limit on contributions made by political party committees contained in SB 650.
A member of the General Assembly who accepts campaign contributions is prohibited from performing any service for an excursion gambling enterprise. An officeholder may expend up to $3,000 per year from his campaign account for constituency services. Such moneys cannot be used for a campaign purpose, must be separately reported and need not be disposed of as excess funds after an election.
SB 650 prohibits candidates with debt from using funds for any purpose other than debt retirement. This act allows candidates who had campaign debt on November 7, 1994 to continue to use campaign funds while simultaneously paying off the debt. In addition, contribution limits established in this chapter do not apply to a candidate who collects and uses contributions to retire debt. The provisions of this section terminate on January 1, 1997.
The expenditure limits established in SB 650 are repealed.